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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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HERITAGE COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
HERITAGE COMMUNITY BANK |
| Address | 426 WASHINGTON STREET
COLUMBUS, IN 47201 |
| Agency | Federal Reserve System (FRS) |
| Year | 2004 |
| All Data Years | 2004 |
| Total Number of Mortgage Loan Applications Processed | 412 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $34,824,000 |
| Average Mortgage Loan Amount Applied For | $122,846 |
| Highest Mortgage Loan Amount Applied For | $825,000 |
| Average Applicant Income | $47,384 |
| Highest Applicant Income | $469,000 |
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| Home Improvement |
67 | $2,468,000 |
$36,000 | $360,000 |
$49,000 | $386,000 |
| Home Purchase |
162 | $14,532,000 |
$105,666 | $310,000 |
$49,000 | $250,000 |
| Refinancing |
216 | $20,920,000 |
$139,000 | $825,000 |
$65,666 | $469,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $97,000 |
$97,000 | $97,000 |
$21,000 | $21,000 |
| Black or African American |
1 | $55,000 |
$55,000 | $55,000 |
$16,000 | $16,000 |
| Hispanic |
2 | $156,000 |
$78,000 | $78,000 |
$22,000 | $22,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
9 | $2,364,000 |
$262,000 | $825,000 |
$0 | $0 |
| Not Provided |
2 | $87,000 |
$43,000 | $85,000 |
$127,000 | $226,000 |
| White |
430 | $35,161,000 |
$121,500 | $630,000 |
$60,250 | $469,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
445 | $37,920,000 |
$122,250 | $825,000 |
$58,750 | $469,000 |
| 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 |
7 | $427,000 |
$61,000 | $120,000 |
$46,000 | $88,000 |
| Application Denied By Financial Institution |
99 | $7,209,000 |
$98,250 | $228,000 |
$52,250 | $146,000 |
| Application Withdrawn By Applicant |
24 | $2,232,000 |
$126,666 | $310,000 |
$52,000 | $113,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
286 | $25,468,000 |
$136,000 | $825,000 |
$64,500 | $469,000 |
| 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 |
29 | $2,584,000 |
$89,000 | $190,000 |
$48,000 | $111,000 |
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| Collateral |
4 | $468,000 |
$117,000 | $228,000 |
$69,000 | $146,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
66 | $4,615,000 |
$78,000 | $205,000 |
$43,000 | $111,000 |
| Debt-To-Income Ratio |
52 | $4,316,000 |
$104,500 | $200,000 |
$46,500 | $72,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $129,000 |
$64,500 | $75,000 |
$55,500 | $96,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $265,000 |
$56,500 | $109,000 |
$51,500 | $68,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for HERITAGE COMMUNITY BANK by:
Metropolitan Area And
County
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