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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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FIRST FEDERAL BANK OF OHIO
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST FEDERAL BANK OF OHIO |
| Address | 140 N COLUMBUS ST
GALION, OH 44833 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 330 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $30,285,000 |
| Average Mortgage Loan Amount Applied For | $108,625 |
| Highest Mortgage Loan Amount Applied For | $900,000 |
| Average Applicant Income | $77,125 |
| Highest Applicant Income | $1,145,000 |
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| Home Improvement |
64 | $3,325,000 |
$51,000 | $340,000 |
$78,000 | $487,000 |
| Home Purchase |
164 | $16,939,000 |
$103,000 | $900,000 |
$68,000 | $556,000 |
| Refinancing |
102 | $10,021,000 |
$98,000 | $505,000 |
$81,000 | $1,145,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $100,000 |
$100,000 | $100,000 |
$58,000 | $58,000 |
| Black or African American |
1 | $58,000 |
$58,000 | $58,000 |
$55,000 | $55,000 |
| Hispanic |
2 | $195,000 |
$97,000 | $115,000 |
$86,000 | $103,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $33,000 |
$33,000 | $33,000 |
$52,000 | $52,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
325 | $29,899,000 |
$91,000 | $900,000 |
$74,000 | $1,145,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
330 | $30,285,000 |
$91,000 | $900,000 |
$74,000 | $1,145,000 |
| 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 | $1,760,000 |
$88,000 | $244,000 |
$52,000 | $102,000 |
| Application Denied By Financial Institution |
66 | $6,819,000 |
$103,000 | $319,000 |
$49,000 | $134,000 |
| Application Withdrawn By Applicant |
2 | $332,000 |
$166,000 | $310,000 |
$98,000 | $136,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
242 | $21,374,000 |
$88,000 | $900,000 |
$82,000 | $1,145,000 |
| 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 |
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| Collateral |
14 | $1,280,000 |
$91,000 | $278,000 |
$42,000 | $93,000 |
| Credit Application Incomplete |
2 | $149,000 |
$74,000 | $98,000 |
$33,000 | $54,000 |
| Credit History |
30 | $2,496,000 |
$83,000 | $245,000 |
$54,000 | $134,000 |
| Debt-To-Income Ratio |
14 | $1,975,000 |
$141,000 | $319,000 |
$48,000 | $107,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $27,000 |
$27,000 | $27,000 |
$53,000 | $53,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $840,000 |
$210,000 | $296,000 |
$65,000 | $81,000 |
| Unverifiable Information |
1 | $52,000 |
$52,000 | $52,000 |
$25,000 | $25,000 |
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Mortgage Loan App Totals for FIRST FEDERAL BANK OF OHIO by:
Metropolitan Area And
County
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