|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIDELITY HOMESTEAD ASSOCIATION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIDELITY HOMESTEAD ASSOCIATION |
| Address | 321 ST CHARLES AVE
NEW ORLEANS, LA 70130 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,125 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $199,176,000 |
| Average Mortgage Loan Amount Applied For | $176,882 |
| Highest Mortgage Loan Amount Applied For | $1,200,000 |
| Average Applicant Income | $91,000 |
| Highest Applicant Income | $1,205,000 |
|
|
|
| Home Improvement |
128 | $11,867,000 |
$92,000 | $503,000 |
$79,000 | $643,000 |
| Home Purchase |
842 | $161,605,000 |
$191,000 | $1,200,000 |
$93,000 | $1,205,000 |
| Refinancing |
205 | $33,216,000 |
$162,000 | $1,000,000 |
$95,000 | $796,000 |
|
|
| American Indian or Alaskan Native |
1 | $175,000 |
$175,000 | $175,000 |
$56,000 | $56,000 |
| Asian |
12 | $2,691,000 |
$224,000 | $725,000 |
$106,000 | $273,000 |
| Black or African American |
153 | $21,458,000 |
$140,000 | $1,200,000 |
$70,000 | $481,000 |
| Hispanic |
41 | $6,515,000 |
$158,000 | $1,000,000 |
$74,000 | $428,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $510,000 |
$170,000 | $200,000 |
$79,000 | $109,000 |
| Not applicable |
5 | $916,000 |
$183,000 | $300,000 |
$116,000 | $236,000 |
| Not Provided |
2 | $37,000 |
$18,000 | $35,000 |
$54,000 | $60,000 |
| White |
958 | $174,386,000 |
$182,000 | $1,000,000 |
$96,000 | $1,205,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,175 | $206,688,000 |
$175,000 | $1,200,000 |
$92,000 | $1,205,000 |
| 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 |
152 | $29,064,000 |
$191,000 | $1,200,000 |
$99,000 | $509,000 |
| Application Denied By Financial Institution |
163 | $29,007,000 |
$177,000 | $1,000,000 |
$62,000 | $308,000 |
| Application Withdrawn By Applicant |
58 | $9,697,000 |
$167,000 | $500,000 |
$99,000 | $298,000 |
| File Closed For Incompleteness |
72 | $13,574,000 |
$188,000 | $616,000 |
$68,000 | $315,000 |
| Loan Originated |
676 | $116,892,000 |
$172,000 | $1,000,000 |
$101,000 | $1,205,000 |
| Loan Purchased By The Institution |
4 | $942,000 |
$235,000 | $373,000 |
$80,000 | $109,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
50 | $7,512,000 |
$150,000 | $306,000 |
$59,000 | $176,000 |
|
|
| Collateral |
1 | $45,000 |
$45,000 | $45,000 |
$147,000 | $147,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
53 | $5,572,000 |
$105,000 | $409,000 |
$64,000 | $240,000 |
| Debt-To-Income Ratio |
130 | $26,069,000 |
$200,000 | $1,000,000 |
$55,000 | $213,000 |
| Employment History |
2 | $223,000 |
$111,000 | $160,000 |
$70,000 | $120,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $168,000 |
$168,000 | $168,000 |
$85,000 | $85,000 |
| Mortgage Insurance Denied |
21 | $3,293,000 |
$156,000 | $300,000 |
$72,000 | $176,000 |
| Other |
5 | $1,149,000 |
$229,000 | $307,000 |
$132,000 | $308,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for FIDELITY HOMESTEAD ASSOCIATION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
