|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
HORIZON BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
HORIZON BANK |
| Address | 301 1ST AVE. E
OSKALOOSA, IA 52577 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 198 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $13,948,000 |
| Average Mortgage Loan Amount Applied For | $95,500 |
| Highest Mortgage Loan Amount Applied For | $344,000 |
| Average Applicant Income | $61,333 |
| Highest Applicant Income | $437,000 |
|
|
|
| Home Improvement |
28 | $514,000 |
$18,000 | $69,000 |
$59,000 | $203,000 |
| Home Purchase |
72 | $6,624,000 |
$92,000 | $344,000 |
$64,000 | $437,000 |
| Refinancing |
98 | $6,810,000 |
$69,000 | $300,000 |
$61,000 | $264,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $136,000 |
$136,000 | $136,000 |
$78,000 | $78,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
2 | $53,000 |
$26,000 | $42,000 |
$62,000 | $68,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $215,000 |
$107,000 | $156,000 |
$73,000 | $76,000 |
| Not applicable |
6 | $533,000 |
$88,000 | $145,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
187 | $13,011,000 |
$69,000 | $344,000 |
$63,000 | $437,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
197 | $13,867,000 |
$70,000 | $344,000 |
$62,000 | $437,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $81,000 |
$81,000 | $81,000 |
$41,000 | $41,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
11 | $642,000 |
$58,000 | $130,000 |
$39,000 | $68,000 |
| Application Withdrawn By Applicant |
1 | $85,000 |
$85,000 | $85,000 |
$77,000 | $77,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
186 | $13,221,000 |
$71,000 | $344,000 |
$63,000 | $437,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
9 | $553,000 |
$61,000 | $130,000 |
$43,000 | $68,000 |
| Debt-To-Income Ratio |
2 | $89,000 |
$44,000 | $74,000 |
$19,000 | $20,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for HORIZON BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
