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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 FEDERALSAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST FEDERALSAVINGS BANK |
| Address | P.O. BOX 259
WABASH, IN 46992 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 332 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $31,491,000 |
| Average Mortgage Loan Amount Applied For | $121,875 |
| Highest Mortgage Loan Amount Applied For | $577,000 |
| Average Applicant Income | $58,812 |
| Highest Applicant Income | $1,791,000 |
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| Home Improvement |
8 | $493,000 |
$61,000 | $280,000 |
$89,000 | $293,000 |
| Home Purchase |
155 | $15,344,000 |
$98,000 | $577,000 |
$50,000 | $183,000 |
| Refinancing |
169 | $15,654,000 |
$92,000 | $559,000 |
$69,000 | $1,791,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $1,143,000 |
$381,000 | $559,000 |
$123,000 | $214,000 |
| Black or African American |
1 | $23,000 |
$23,000 | $23,000 |
$27,000 | $27,000 |
| Hispanic |
1 | $140,000 |
$140,000 | $140,000 |
$100,000 | $100,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
7 | $852,000 |
$121,000 | $577,000 |
$0 | $1,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
320 | $29,333,000 |
$91,000 | $402,000 |
$61,000 | $1,791,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
332 | $31,491,000 |
$94,000 | $577,000 |
$60,000 | $1,791,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
31 | $2,604,000 |
$84,000 | $250,000 |
$41,000 | $95,000 |
| Application Withdrawn By Applicant |
11 | $865,000 |
$78,000 | $126,000 |
$45,000 | $134,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
290 | $28,022,000 |
$96,000 | $577,000 |
$63,000 | $1,791,000 |
| 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 |
2 | $170,000 |
$85,000 | $100,000 |
$56,000 | $66,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
23 | $1,833,000 |
$79,000 | $195,000 |
$41,000 | $91,000 |
| Debt-To-Income Ratio |
4 | $460,000 |
$115,000 | $250,000 |
$49,000 | $95,000 |
| Employment History |
1 | $61,000 |
$61,000 | $61,000 |
$19,000 | $19,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $80,000 |
$80,000 | $80,000 |
$0 | $0 |
| 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 FEDERALSAVINGS BANK by:
Metropolitan Area And
County
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