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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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FIRST FEDERAL S&L OF NEWARK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST FEDERAL S&L OF NEWARK |
| Address | 2 NORTH SECOND STREET
NEWARK, OH 43055 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 483 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $60,564,000 |
| Average Mortgage Loan Amount Applied For | $135,000 |
| Highest Mortgage Loan Amount Applied For | $1,620,000 |
| Average Applicant Income | $83,142 |
| Highest Applicant Income | $1,022,000 |
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| Home Improvement |
60 | $6,222,000 |
$103,000 | $1,000,000 |
$92,000 | $494,000 |
| Home Purchase |
230 | $31,894,000 |
$138,000 | $1,620,000 |
$93,000 | $1,022,000 |
| Refinancing |
193 | $22,448,000 |
$116,000 | $610,000 |
$75,000 | $601,000 |
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| American Indian or Alaskan Native |
1 | $50,000 |
$50,000 | $50,000 |
$51,000 | $51,000 |
| Asian |
1 | $65,000 |
$65,000 | $65,000 |
$37,000 | $37,000 |
| Black or African American |
7 | $696,000 |
$99,000 | $250,000 |
$117,000 | $252,000 |
| Hispanic |
3 | $215,000 |
$71,000 | $120,000 |
$30,000 | $36,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
44 | $8,716,000 |
$198,000 | $1,000,000 |
$220,000 | $1,022,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
427 | $50,822,000 |
$119,000 | $1,620,000 |
$72,000 | $385,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
483 | $60,564,000 |
$125,000 | $1,620,000 |
$86,000 | $1,022,000 |
| 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 |
22 | $2,096,000 |
$95,000 | $300,000 |
$111,000 | $903,000 |
| Application Denied By Financial Institution |
36 | $3,856,000 |
$107,000 | $400,000 |
$51,000 | $199,000 |
| Application Withdrawn By Applicant |
38 | $5,156,000 |
$135,000 | $425,000 |
$74,000 | $264,000 |
| File Closed For Incompleteness |
31 | $3,585,000 |
$115,000 | $305,000 |
$65,000 | $215,000 |
| Loan Originated |
356 | $45,871,000 |
$128,000 | $1,620,000 |
$90,000 | $1,022,000 |
| 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 |
6 | $596,000 |
$99,000 | $250,000 |
$60,000 | $148,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
13 | $999,000 |
$76,000 | $190,000 |
$43,000 | $101,000 |
| Debt-To-Income Ratio |
16 | $2,221,000 |
$138,000 | $400,000 |
$50,000 | $199,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $40,000 |
$40,000 | $40,000 |
$103,000 | $103,000 |
| 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 FIRST FEDERAL S&L OF NEWARK by:
Metropolitan Area And
County
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