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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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HOMEWOOD FEDERAL
Mortgage Loans and Application Details
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| Mortgage Company Name |
HOMEWOOD FEDERAL |
| Address | 3228-30 EASTERN AVE
BALTIMORE, MD 21224 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 258 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,217,000 |
| Average Mortgage Loan Amount Applied For | $59,292 |
| Highest Mortgage Loan Amount Applied For | $520,000 |
| Average Applicant Income | $62,707 |
| Highest Applicant Income | $750,000 |
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| Home Improvement |
10 | $891,000 |
$89,000 | $236,000 |
$177,000 | $517,000 |
| Home Purchase |
228 | $12,102,000 |
$53,000 | $520,000 |
$49,000 | $750,000 |
| Refinancing |
20 | $3,224,000 |
$161,000 | $359,000 |
$122,000 | $528,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $55,000 |
$55,000 | $55,000 |
$30,000 | $30,000 |
| Black or African American |
5 | $969,000 |
$193,000 | $468,000 |
$100,000 | $240,000 |
| Hispanic |
8 | $470,000 |
$58,000 | $236,000 |
$48,000 | $109,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $201,000 |
$201,000 | $201,000 |
$528,000 | $528,000 |
| Not applicable |
7 | $1,734,000 |
$247,000 | $520,000 |
$0 | $0 |
| Not Provided |
3 | $172,000 |
$57,000 | $63,000 |
$52,000 | $84,000 |
| White |
233 | $12,616,000 |
$54,000 | $372,000 |
$59,000 | $750,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
258 | $16,217,000 |
$62,000 | $520,000 |
$60,000 | $750,000 |
| 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 |
52 | $1,993,000 |
$38,000 | $122,000 |
$47,000 | $132,000 |
| Application Denied By Financial Institution |
99 | $4,904,000 |
$49,000 | $175,000 |
$43,000 | $109,000 |
| Application Withdrawn By Applicant |
18 | $1,150,000 |
$63,000 | $236,000 |
$62,000 | $141,000 |
| File Closed For Incompleteness |
1 | $29,000 |
$29,000 | $29,000 |
$27,000 | $27,000 |
| Loan Originated |
88 | $8,141,000 |
$92,000 | $520,000 |
$86,000 | $750,000 |
| 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 | $50,000 |
$50,000 | $50,000 |
$47,000 | $47,000 |
| Credit Application Incomplete |
4 | $370,000 |
$92,000 | $124,000 |
$36,000 | $72,000 |
| Credit History |
28 | $1,144,000 |
$40,000 | $76,000 |
$56,000 | $109,000 |
| Debt-To-Income Ratio |
52 | $2,592,000 |
$49,000 | $150,000 |
$38,000 | $85,000 |
| Employment History |
8 | $336,000 |
$42,000 | $87,000 |
$41,000 | $78,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $412,000 |
$68,000 | $175,000 |
$39,000 | $50,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for HOMEWOOD FEDERAL by:
Metropolitan Area And
County
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