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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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GEAUGA SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
GEAUGA SAVINGS BANK |
| Address | 10800 KINSMAN RD.
NEWBURY, OH 44065 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,992 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $281,596,000 |
| Average Mortgage Loan Amount Applied For | $166,435 |
| Highest Mortgage Loan Amount Applied For | $1,775,000 |
| Average Applicant Income | $89,376 |
| Highest Applicant Income | $1,326,000 |
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| Home Improvement |
172 | $20,328,000 |
$118,000 | $818,000 |
$69,000 | $354,000 |
| Home Purchase |
1,010 | $133,952,000 |
$132,000 | $1,775,000 |
$71,000 | $1,000,000 |
| Refinancing |
810 | $127,316,000 |
$157,000 | $876,000 |
$75,000 | $1,326,000 |
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| American Indian or Alaskan Native |
3 | $381,000 |
$127,000 | $190,000 |
$75,000 | $100,000 |
| Asian |
7 | $875,000 |
$125,000 | $198,000 |
$69,000 | $185,000 |
| Black or African American |
197 | $22,259,000 |
$112,000 | $1,280,000 |
$61,000 | $900,000 |
| Hispanic |
43 | $5,331,000 |
$123,000 | $553,000 |
$96,000 | $1,000,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $478,000 |
$79,000 | $232,000 |
$34,000 | $54,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
269 | $45,864,000 |
$170,000 | $1,775,000 |
$82,000 | $670,000 |
| White |
1,467 | $206,408,000 |
$140,000 | $1,300,000 |
$72,000 | $1,326,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,992 | $281,596,000 |
$141,000 | $1,775,000 |
$72,000 | $1,326,000 |
| 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 |
262 | $32,949,000 |
$125,000 | $850,000 |
$69,000 | $381,000 |
| Application Denied By Financial Institution |
436 | $64,916,000 |
$148,000 | $1,775,000 |
$65,000 | $900,000 |
| Application Withdrawn By Applicant |
319 | $48,856,000 |
$153,000 | $1,188,000 |
$76,000 | $682,000 |
| File Closed For Incompleteness |
200 | $30,753,000 |
$153,000 | $1,225,000 |
$76,000 | $1,326,000 |
| Loan Originated |
484 | $65,754,000 |
$135,000 | $1,300,000 |
$74,000 | $741,000 |
| Loan Purchased By The Institution |
291 | $38,368,000 |
$131,000 | $594,000 |
$78,000 | $1,000,000 |
| 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 |
53 | $6,674,000 |
$125,000 | $425,000 |
$80,000 | $346,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
207 | $25,311,000 |
$122,000 | $1,050,000 |
$64,000 | $900,000 |
| Debt-To-Income Ratio |
129 | $25,444,000 |
$197,000 | $1,775,000 |
$58,000 | $283,000 |
| Employment History |
20 | $2,104,000 |
$105,000 | $308,000 |
$51,000 | $105,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $140,000 |
$46,000 | $81,000 |
$17,000 | $37,000 |
| Mortgage Insurance Denied |
2 | $455,000 |
$227,000 | $395,000 |
$230,000 | $380,000 |
| Other |
19 | $4,163,000 |
$219,000 | $812,000 |
$76,000 | $275,000 |
| Unverifiable Information |
3 | $625,000 |
$208,000 | $425,000 |
$133,000 | $270,000 |
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Mortgage Loan App Totals for GEAUGA SAVINGS BANK by:
Metropolitan Area And
County
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