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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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HINGHAM INSTITUTION FOR SAVING
Mortgage Loans and Application Details
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| Mortgage Company Name |
HINGHAM INSTITUTION FOR SAVING |
| Address | 55 MAIN STREET
HINGHAM, MA 02043 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 188 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $78,317,000 |
| Average Mortgage Loan Amount Applied For | $636,888 |
| Highest Mortgage Loan Amount Applied For | $2,675,000 |
| Average Applicant Income | $97,333 |
| Highest Applicant Income | $930,000 |
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| Home Improvement |
44 | $11,406,000 |
$259,000 | $1,200,000 |
$122,000 | $336,000 |
| Home Purchase |
69 | $27,860,000 |
$403,000 | $1,960,000 |
$100,000 | $400,000 |
| Refinancing |
75 | $39,051,000 |
$520,000 | $2,675,000 |
$130,000 | $930,000 |
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| American Indian or Alaskan Native |
1 | $200,000 |
$200,000 | $200,000 |
$82,000 | $82,000 |
| Asian |
3 | $548,000 |
$182,000 | $323,000 |
$14,000 | $42,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
3 | $875,000 |
$291,000 | $337,000 |
$93,000 | $198,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
12 | $11,272,000 |
$939,000 | $2,675,000 |
$169,000 | $750,000 |
| White |
169 | $65,422,000 |
$387,000 | $2,675,000 |
$116,000 | $930,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
188 | $78,317,000 |
$416,000 | $2,675,000 |
$117,000 | $930,000 |
| 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 |
26 | $15,989,000 |
$614,000 | $1,960,000 |
$40,000 | $140,000 |
| Application Denied By Financial Institution |
18 | $12,496,000 |
$694,000 | $2,675,000 |
$199,000 | $750,000 |
| Application Withdrawn By Applicant |
4 | $1,250,000 |
$312,000 | $700,000 |
$89,000 | $200,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
140 | $48,582,000 |
$347,000 | $2,675,000 |
$122,000 | $930,000 |
| 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 |
1 | $320,000 |
$320,000 | $320,000 |
$112,000 | $112,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $215,000 |
$215,000 | $215,000 |
$78,000 | $78,000 |
| Debt-To-Income Ratio |
6 | $5,640,000 |
$940,000 | $2,000,000 |
$268,000 | $536,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $417,000 |
$417,000 | $417,000 |
$116,000 | $116,000 |
| 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 HINGHAM INSTITUTION FOR SAVING by:
Metropolitan Area And
County
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