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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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FLAGSHIP BANK AND TRUST CO
Mortgage Loans and Application Details
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| Mortgage Company Name |
FLAGSHIP BANK AND TRUST CO |
| Address | 120 FRONT STREET
WORCESTER, MA 01608 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 51 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,978,000 |
| Average Mortgage Loan Amount Applied For | $485,000 |
| Highest Mortgage Loan Amount Applied For | $1,700,000 |
| Average Applicant Income | $8,700 |
| Highest Applicant Income | $148,000 |
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| Home Improvement |
17 | $1,962,000 |
$115,000 | $662,000 |
$57,000 | $127,000 |
| Home Purchase |
17 | $6,421,000 |
$377,000 | $1,700,000 |
$0 | $0 |
| Refinancing |
17 | $3,595,000 |
$211,000 | $665,000 |
$49,000 | $148,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $20,000 |
$20,000 | $20,000 |
$73,000 | $73,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
26 | $10,499,000 |
$403,000 | $1,700,000 |
$0 | $0 |
| Not Provided |
3 | $270,000 |
$90,000 | $180,000 |
$60,000 | $108,000 |
| White |
21 | $1,189,000 |
$56,000 | $150,000 |
$74,000 | $148,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
50 | $11,903,000 |
$238,000 | $1,700,000 |
$34,000 | $148,000 |
| FHA-insured (Federal Housing Administration) |
1 | $75,000 |
$75,000 | $75,000 |
$73,000 | $73,000 |
| 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 |
5 | $875,000 |
$175,000 | $510,000 |
$19,000 | $73,000 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
3 | $124,000 |
$41,000 | $55,000 |
$63,000 | $108,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
27 | $3,615,000 |
$133,000 | $576,000 |
$56,000 | $148,000 |
| Loan Purchased By The Institution |
16 | $7,364,000 |
$460,000 | $1,700,000 |
$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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$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 FLAGSHIP BANK AND TRUST CO by:
Metropolitan Area And
County
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