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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 FEDERAL
Mortgage Loans and Application Details
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| Mortgage Company Name |
FAIRFIELD FEDERAL |
| Address | 111 E. MAIN ST. P.O. BOX 728
LANCASTER, OH 43130-0000 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 339 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $42,998,000 |
| Average Mortgage Loan Amount Applied For | $152,400 |
| Highest Mortgage Loan Amount Applied For | $585,000 |
| Average Applicant Income | $73,000 |
| Highest Applicant Income | $460,000 |
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| Home Improvement |
7 | $38,000 |
$5,000 | $9,000 |
$50,000 | $77,000 |
| Home Purchase |
160 | $24,797,000 |
$154,000 | $585,000 |
$76,000 | $313,000 |
| Refinancing |
186 | $19,858,000 |
$106,000 | $383,000 |
$61,000 | $460,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $343,000 |
$171,000 | $200,000 |
$130,000 | $138,000 |
| Black or African American |
2 | $488,000 |
$244,000 | $333,000 |
$74,000 | $105,000 |
| Hispanic |
1 | $145,000 |
$145,000 | $145,000 |
$99,000 | $99,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
12 | $1,625,000 |
$135,000 | $450,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
336 | $42,092,000 |
$125,000 | $585,000 |
$69,000 | $460,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
353 | $44,693,000 |
$126,000 | $585,000 |
$67,000 | $460,000 |
| 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 |
20 | $3,435,000 |
$171,000 | $585,000 |
$71,000 | $279,000 |
| Application Denied By Financial Institution |
55 | $6,993,000 |
$127,000 | $450,000 |
$58,000 | $460,000 |
| Application Withdrawn By Applicant |
23 | $2,435,000 |
$105,000 | $239,000 |
$48,000 | $118,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
242 | $30,175,000 |
$124,000 | $585,000 |
$72,000 | $417,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
13 | $1,655,000 |
$127,000 | $200,000 |
$46,000 | $83,000 |
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| Collateral |
13 | $1,582,000 |
$121,000 | $271,000 |
$50,000 | $116,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
28 | $3,003,000 |
$107,000 | $261,000 |
$48,000 | $163,000 |
| Debt-To-Income Ratio |
18 | $2,350,000 |
$130,000 | $450,000 |
$46,000 | $100,000 |
| 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 |
1 | $333,000 |
$333,000 | $333,000 |
$105,000 | $105,000 |
| Unverifiable Information |
8 | $1,380,000 |
$172,000 | $292,000 |
$110,000 | $460,000 |
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Mortgage Loan App Totals for FAIRFIELD FEDERAL by:
Metropolitan Area And
County
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