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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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ELMIRA SAVINGS & LOAN F.A.
Mortgage Loans and Application Details
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| Mortgage Company Name |
ELMIRA SAVINGS & LOAN F.A. |
| Address | 300 WEST WATER STREET
ELMRIA, NY 14901 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 668 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $73,830,000 |
| Average Mortgage Loan Amount Applied For | $115,687 |
| Highest Mortgage Loan Amount Applied For | $854,000 |
| Average Applicant Income | $65,437 |
| Highest Applicant Income | $800,000 |
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| Home Improvement |
45 | $1,182,000 |
$17,000 | $150,000 |
$64,500 | $459,000 |
| Home Purchase |
467 | $55,708,000 |
$119,000 | $624,000 |
$77,000 | $800,000 |
| Refinancing |
156 | $16,940,000 |
$116,500 | $854,000 |
$63,500 | $398,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
14 | $1,800,000 |
$72,500 | $250,000 |
$61,000 | $260,000 |
| Black or African American |
12 | $1,712,000 |
$142,000 | $408,000 |
$94,000 | $163,000 |
| Hispanic |
7 | $1,385,000 |
$197,000 | $360,000 |
$115,000 | $215,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $160,000 |
$160,000 | $160,000 |
$90,000 | $90,000 |
| Not applicable |
11 | $2,317,000 |
$210,000 | $854,000 |
$194,000 | $800,000 |
| Not Provided |
10 | $1,149,000 |
$100,500 | $465,000 |
$59,500 | $200,000 |
| White |
613 | $65,307,000 |
$126,500 | $680,000 |
$64,000 | $574,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
661 | $73,374,000 |
$103,500 | $854,000 |
$68,000 | $800,000 |
| FHA-insured (Federal Housing Administration) |
7 | $456,000 |
$65,000 | $128,000 |
$40,000 | $99,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
4 | $317,000 |
$79,000 | $144,000 |
$146,000 | $213,000 |
| Application Denied By Financial Institution |
19 | $2,100,000 |
$122,000 | $624,000 |
$76,000 | $398,000 |
| Application Withdrawn By Applicant |
29 | $3,695,000 |
$127,000 | $680,000 |
$105,000 | $800,000 |
| File Closed For Incompleteness |
9 | $742,000 |
$82,000 | $150,000 |
$52,000 | $213,000 |
| Loan Originated |
268 | $24,205,000 |
$86,500 | $854,000 |
$60,500 | $459,000 |
| Loan Purchased By The Institution |
339 | $42,771,000 |
$126,000 | $425,000 |
$66,000 | $574,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
6 | $424,000 |
$96,000 | $135,000 |
$63,500 | $88,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $295,000 |
$59,000 | $218,000 |
$89,000 | $398,000 |
| Debt-To-Income Ratio |
3 | $437,000 |
$145,000 | $229,000 |
$79,000 | $150,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $142,000 |
$47,000 | $64,000 |
$34,000 | $42,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $802,000 |
$401,000 | $624,000 |
$56,000 | $112,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for ELMIRA SAVINGS & LOAN F.A. by:
Metropolitan Area And
County
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