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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 SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST FEDERAL SAVINGS BANK |
| Address | 633 LASALLE ST
OTTAWA, IL 61350 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 650 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $115,493,000 |
| Average Mortgage Loan Amount Applied For | $168,647 |
| Highest Mortgage Loan Amount Applied For | $1,660,000 |
| Average Applicant Income | $105,911 |
| Highest Applicant Income | $1,281,000 |
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| Home Improvement |
18 | $405,000 |
$22,000 | $50,000 |
$78,000 | $135,000 |
| Home Purchase |
436 | $89,132,000 |
$204,000 | $1,660,000 |
$104,000 | $1,276,000 |
| Refinancing |
237 | $32,930,000 |
$138,000 | $1,000,000 |
$100,000 | $1,281,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
6 | $1,848,000 |
$308,000 | $616,000 |
$80,000 | $163,000 |
| Black or African American |
8 | $1,711,000 |
$213,000 | $770,000 |
$80,000 | $182,000 |
| Hispanic |
43 | $7,903,000 |
$183,000 | $650,000 |
$79,000 | $295,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
634 | $111,005,000 |
$175,000 | $1,660,000 |
$104,000 | $1,281,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
622 | $112,835,000 |
$181,000 | $1,660,000 |
$107,000 | $1,281,000 |
| FHA-insured (Federal Housing Administration) |
27 | $4,208,000 |
$155,000 | $320,000 |
$68,000 | $114,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
37 | $4,581,000 |
$123,000 | $214,000 |
$47,000 | $83,000 |
| VA-guaranteed (Veterans Administration) |
5 | $843,000 |
$168,000 | $207,000 |
$88,000 | $131,000 |
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| Application Approved But Not Accepted |
33 | $8,433,000 |
$255,000 | $1,660,000 |
$97,000 | $436,000 |
| Application Denied By Financial Institution |
15 | $3,550,000 |
$236,000 | $900,000 |
$60,000 | $101,000 |
| Application Withdrawn By Applicant |
59 | $11,920,000 |
$202,000 | $1,000,000 |
$119,000 | $1,281,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
550 | $93,451,000 |
$169,000 | $1,463,000 |
$104,000 | $1,276,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
27 | $4,190,000 |
$155,000 | $350,000 |
$61,000 | $123,000 |
| Preapproval Denied by Financial Institution |
7 | $923,000 |
$131,000 | $214,000 |
$53,000 | $79,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
11 | $1,311,000 |
$119,000 | $239,000 |
$61,000 | $101,000 |
| Debt-To-Income Ratio |
6 | $2,227,000 |
$371,000 | $900,000 |
$42,000 | $90,000 |
| Employment History |
1 | $248,000 |
$248,000 | $248,000 |
$72,000 | $72,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $687,000 |
$171,000 | $228,000 |
$71,000 | $76,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST FEDERAL SAVINGS BANK by:
Metropolitan Area And
County
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