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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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FAIRFIELD COUNTY BANK CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
FAIRFIELD COUNTY BANK CORP |
| Address | 150 DANBURY ROAD
RIDGEFIELD, CT 06877 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 388 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $233,023,000 |
| Average Mortgage Loan Amount Applied For | $748,500 |
| Highest Mortgage Loan Amount Applied For | $8,400,000 |
| Average Applicant Income | $416,375 |
| Highest Applicant Income | $3,355,000 |
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| Home Improvement |
46 | $50,476,000 |
$1,097,000 | $8,400,000 |
$396,000 | $2,626,000 |
| Home Purchase |
189 | $98,448,000 |
$520,000 | $7,500,000 |
$222,000 | $3,355,000 |
| Refinancing |
166 | $90,652,000 |
$546,000 | $6,200,000 |
$192,000 | $1,530,000 |
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| American Indian or Alaskan Native |
1 | $80,000 |
$80,000 | $80,000 |
$139,000 | $139,000 |
| Asian |
7 | $2,322,000 |
$331,000 | $650,000 |
$155,000 | $360,000 |
| Black or African American |
4 | $1,755,000 |
$438,000 | $975,000 |
$105,000 | $269,000 |
| Hispanic |
10 | $2,519,000 |
$251,000 | $364,000 |
$82,000 | $307,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $3,892,000 |
$778,000 | $2,500,000 |
$0 | $0 |
| Not Provided |
116 | $88,834,000 |
$765,000 | $8,400,000 |
$292,000 | $3,355,000 |
| White |
258 | $140,174,000 |
$543,000 | $6,200,000 |
$216,000 | $2,626,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
399 | $239,082,000 |
$599,000 | $8,400,000 |
$230,000 | $3,355,000 |
| FHA-insured (Federal Housing Administration) |
2 | $494,000 |
$247,000 | $266,000 |
$71,000 | $73,000 |
| 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 |
8 | $1,732,000 |
$216,000 | $400,000 |
$149,000 | $315,000 |
| Application Denied By Financial Institution |
31 | $37,166,000 |
$1,198,000 | $8,400,000 |
$346,000 | $2,252,000 |
| Application Withdrawn By Applicant |
20 | $6,892,000 |
$344,000 | $1,584,000 |
$134,000 | $630,000 |
| File Closed For Incompleteness |
25 | $19,513,000 |
$780,000 | $3,500,000 |
$331,000 | $1,625,000 |
| Loan Originated |
304 | $167,720,000 |
$551,000 | $7,500,000 |
$221,000 | $3,355,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
13 | $6,553,000 |
$504,000 | $1,200,000 |
$145,000 | $298,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
13 | $21,704,000 |
$1,669,000 | $8,400,000 |
$537,000 | $2,252,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $1,962,000 |
$280,000 | $430,000 |
$83,000 | $142,000 |
| Debt-To-Income Ratio |
11 | $13,500,000 |
$1,227,000 | $5,450,000 |
$289,000 | $1,425,000 |
| 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 FAIRFIELD COUNTY BANK CORP by:
Metropolitan Area And
County
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