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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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FAMILY FEDERAL SAVINGS FA
Mortgage Loans and Application Details
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| Mortgage Company Name |
FAMILY FEDERAL SAVINGS FA |
| Address | 130 WHALON STREET
FITCHBURG, MA 01420 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 79 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $12,867,000 |
| Average Mortgage Loan Amount Applied For | $191,000 |
| Highest Mortgage Loan Amount Applied For | $347,000 |
| Average Applicant Income | $90,600 |
| Highest Applicant Income | $189,000 |
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| Home Improvement |
20 | $2,524,000 |
$126,000 | $235,000 |
$101,000 | $189,000 |
| Home Purchase |
41 | $8,785,000 |
$214,000 | $417,000 |
$77,000 | $142,000 |
| Refinancing |
32 | $4,411,000 |
$137,000 | $300,000 |
$81,000 | $178,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $392,000 |
$196,000 | $204,000 |
$41,000 | $55,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
3 | $228,000 |
$76,000 | $203,000 |
$65,000 | $66,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $265,000 |
$132,000 | $175,000 |
$121,000 | $141,000 |
| White |
86 | $14,835,000 |
$172,000 | $417,000 |
$84,000 | $189,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
93 | $15,720,000 |
$169,000 | $417,000 |
$84,000 | $189,000 |
| 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 |
3 | $456,000 |
$152,000 | $279,000 |
$107,000 | $177,000 |
| Application Denied By Financial Institution |
6 | $463,000 |
$77,000 | $204,000 |
$72,000 | $119,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
70 | $11,948,000 |
$170,000 | $347,000 |
$88,000 | $189,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
13 | $2,845,000 |
$218,000 | $417,000 |
$67,000 | $136,000 |
| Preapproval Denied by Financial Institution |
1 | $8,000 |
$8,000 | $8,000 |
$27,000 | $27,000 |
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| Collateral |
2 | $50,000 |
$25,000 | $40,000 |
$74,000 | $82,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $8,000 |
$8,000 | $8,000 |
$27,000 | $27,000 |
| Debt-To-Income Ratio |
4 | $413,000 |
$103,000 | $204,000 |
$71,000 | $119,000 |
| 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 FAMILY FEDERAL SAVINGS FA by:
Metropolitan Area And
County
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