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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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ENTERPRISE BANK AND TRUST COMP
Mortgage Loans and Application Details
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| Mortgage Company Name |
ENTERPRISE BANK AND TRUST COMP |
| Address | 222 MERRIMACK STREET
LOWELL, MA 01852 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 255 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $54,291,000 |
| Average Mortgage Loan Amount Applied For | $496,882 |
| Highest Mortgage Loan Amount Applied For | $3,300,000 |
| Average Applicant Income | $115,000 |
| Highest Applicant Income | $1,676,000 |
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| Home Improvement |
57 | $9,266,000 |
$162,000 | $2,000,000 |
$83,000 | $344,000 |
| Home Purchase |
161 | $41,456,000 |
$257,000 | $3,300,000 |
$97,000 | $1,676,000 |
| Refinancing |
98 | $16,916,000 |
$172,000 | $880,000 |
$79,000 | $592,000 |
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| American Indian or Alaskan Native |
1 | $100,000 |
$100,000 | $100,000 |
$35,000 | $35,000 |
| Asian |
12 | $2,433,000 |
$202,000 | $700,000 |
$114,000 | $250,000 |
| Black or African American |
2 | $459,000 |
$229,000 | $265,000 |
$67,000 | $93,000 |
| Hispanic |
8 | $1,688,000 |
$211,000 | $368,000 |
$61,000 | $127,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
42 | $13,718,000 |
$326,000 | $3,300,000 |
$0 | $0 |
| Not Provided |
2 | $420,000 |
$210,000 | $220,000 |
$255,000 | $511,000 |
| White |
249 | $48,820,000 |
$196,000 | $1,500,000 |
$103,000 | $1,676,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
316 | $67,638,000 |
$214,000 | $3,300,000 |
$89,000 | $1,676,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
10 | $2,161,000 |
$216,000 | $718,000 |
$100,000 | $325,000 |
| Application Denied By Financial Institution |
31 | $5,412,000 |
$174,000 | $400,000 |
$65,000 | $165,000 |
| Application Withdrawn By Applicant |
3 | $1,486,000 |
$495,000 | $1,000,000 |
$193,000 | $432,000 |
| File Closed For Incompleteness |
1 | $460,000 |
$460,000 | $460,000 |
$123,000 | $123,000 |
| Loan Originated |
207 | $44,231,000 |
$213,000 | $3,300,000 |
$93,000 | $1,676,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
43 | $9,303,000 |
$216,000 | $700,000 |
$91,000 | $306,000 |
| Preapproval Denied by Financial Institution |
21 | $4,585,000 |
$218,000 | $399,000 |
$62,000 | $249,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for ENTERPRISE BANK AND TRUST COMP by:
Metropolitan Area And
County
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