|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FEDERAL SAVINGS BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FEDERAL SAVINGS BANK |
| Address | 633 CENTRAL AVENUE
DOVER, NH 03820 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 274 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $47,954,000 |
| Average Mortgage Loan Amount Applied For | $167,777 |
| Highest Mortgage Loan Amount Applied For | $930,000 |
| Average Applicant Income | $119,000 |
| Highest Applicant Income | $1,572,000 |
|
|
|
| Home Improvement |
39 | $2,759,000 |
$70,000 | $429,000 |
$75,000 | $499,000 |
| Home Purchase |
100 | $21,999,000 |
$219,000 | $740,000 |
$94,000 | $1,455,000 |
| Refinancing |
135 | $23,196,000 |
$171,000 | $930,000 |
$95,000 | $1,572,000 |
|
|
| American Indian or Alaskan Native |
1 | $15,000 |
$15,000 | $15,000 |
$28,000 | $28,000 |
| Asian |
3 | $655,000 |
$218,000 | $290,000 |
$48,000 | $81,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
10 | $3,009,000 |
$300,000 | $500,000 |
$0 | $0 |
| Not Provided |
11 | $2,584,000 |
$234,000 | $850,000 |
$70,000 | $170,000 |
| White |
249 | $41,691,000 |
$167,000 | $930,000 |
$97,000 | $1,572,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
274 | $47,954,000 |
$175,000 | $930,000 |
$92,000 | $1,572,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
12 | $2,300,000 |
$191,000 | $500,000 |
$186,000 | $1,572,000 |
| Application Denied By Financial Institution |
10 | $1,804,000 |
$180,000 | $429,000 |
$47,000 | $107,000 |
| Application Withdrawn By Applicant |
7 | $1,400,000 |
$200,000 | $456,000 |
$66,000 | $134,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
245 | $42,450,000 |
$173,000 | $930,000 |
$90,000 | $1,455,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
2 | $774,000 |
$387,000 | $429,000 |
$95,000 | $107,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $238,000 |
$238,000 | $238,000 |
$0 | $0 |
| Debt-To-Income Ratio |
6 | $712,000 |
$118,000 | $250,000 |
$42,000 | $85,000 |
| 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 | $80,000 |
$80,000 | $80,000 |
$35,000 | $35,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for FEDERAL SAVINGS BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
