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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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HEARTLAND BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
HEARTLAND BANK |
| Address | 850 NORTH HAMILTON ROAD
GAHANNA, OH 43230 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 203 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $19,224,000 |
| Average Mortgage Loan Amount Applied For | $113,444 |
| Highest Mortgage Loan Amount Applied For | $720,000 |
| Average Applicant Income | $95,944 |
| Highest Applicant Income | $767,000 |
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| Home Improvement |
72 | $1,773,000 |
$24,000 | $127,000 |
$77,000 | $226,000 |
| Home Purchase |
54 | $8,821,000 |
$163,000 | $720,000 |
$119,000 | $767,000 |
| Refinancing |
77 | $8,630,000 |
$112,000 | $675,000 |
$92,000 | $427,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $355,000 |
$177,000 | $295,000 |
$56,000 | $84,000 |
| Black or African American |
7 | $232,000 |
$33,000 | $81,000 |
$103,000 | $359,000 |
| Hispanic |
2 | $158,000 |
$79,000 | $152,000 |
$69,000 | $76,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
14 | $2,386,000 |
$170,000 | $417,000 |
$143,000 | $408,000 |
| Not Provided |
6 | $520,000 |
$86,000 | $200,000 |
$65,000 | $170,000 |
| White |
172 | $15,573,000 |
$90,000 | $720,000 |
$91,000 | $767,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
203 | $19,224,000 |
$94,000 | $720,000 |
$94,000 | $767,000 |
| 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 |
5 | $702,000 |
$140,000 | $295,000 |
$86,000 | $123,000 |
| Application Denied By Financial Institution |
36 | $1,137,000 |
$31,000 | $200,000 |
$51,000 | $170,000 |
| Application Withdrawn By Applicant |
6 | $808,000 |
$134,000 | $270,000 |
$74,000 | $102,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
156 | $16,577,000 |
$106,000 | $720,000 |
$105,000 | $767,000 |
| 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 | $195,000 |
$97,000 | $135,000 |
$106,000 | $170,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
23 | $399,000 |
$17,000 | $45,000 |
$51,000 | $165,000 |
| Debt-To-Income Ratio |
7 | $183,000 |
$26,000 | $63,000 |
$51,000 | $75,000 |
| 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 |
4 | $360,000 |
$90,000 | $200,000 |
$28,000 | $67,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for HEARTLAND BANK by:
Metropolitan Area And
County
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