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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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HYDE PARK SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
HYDE PARK SAVINGS BANK |
| Address | 1920 CENTRE STREET
WEST ROXBURY, MA 02132 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 265 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $71,667,000 |
| Average Mortgage Loan Amount Applied For | $313,600 |
| Highest Mortgage Loan Amount Applied For | $900,000 |
| Average Applicant Income | $129,800 |
| Highest Applicant Income | $1,242,000 |
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| Home Improvement |
47 | $8,158,000 |
$173,000 | $469,000 |
$97,000 | $422,000 |
| Home Purchase |
134 | $42,607,000 |
$317,000 | $900,000 |
$107,000 | $541,000 |
| Refinancing |
126 | $35,070,000 |
$278,000 | $897,000 |
$108,000 | $1,242,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $575,000 |
$191,000 | $220,000 |
$111,000 | $185,000 |
| Black or African American |
48 | $10,980,000 |
$228,000 | $750,000 |
$73,000 | $210,000 |
| Hispanic |
11 | $3,274,000 |
$297,000 | $575,000 |
$124,000 | $450,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
33 | $10,020,000 |
$303,000 | $897,000 |
$101,000 | $275,000 |
| White |
212 | $60,986,000 |
$287,000 | $900,000 |
$113,000 | $1,242,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
307 | $85,835,000 |
$279,000 | $900,000 |
$106,000 | $1,242,000 |
| 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 |
12 | $2,555,000 |
$212,000 | $550,000 |
$100,000 | $236,000 |
| Application Denied By Financial Institution |
35 | $10,370,000 |
$296,000 | $897,000 |
$84,000 | $275,000 |
| Application Withdrawn By Applicant |
11 | $2,641,000 |
$240,000 | $520,000 |
$104,000 | $216,000 |
| File Closed For Incompleteness |
2 | $975,000 |
$487,000 | $750,000 |
$621,000 | $1,242,000 |
| Loan Originated |
184 | $51,722,000 |
$281,000 | $900,000 |
$109,000 | $541,000 |
| Loan Purchased By The Institution |
21 | $3,404,000 |
$162,000 | $469,000 |
$91,000 | $422,000 |
| Preapproval Approved but not Accepted |
32 | $10,746,000 |
$335,000 | $690,000 |
$105,000 | $206,000 |
| Preapproval Denied by Financial Institution |
10 | $3,422,000 |
$342,000 | $567,000 |
$68,000 | $151,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
9 | $3,777,000 |
$419,000 | $897,000 |
$91,000 | $275,000 |
| Credit History |
11 | $2,475,000 |
$225,000 | $330,000 |
$79,000 | $184,000 |
| Debt-To-Income Ratio |
19 | $5,995,000 |
$315,000 | $620,000 |
$85,000 | $202,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $330,000 |
$330,000 | $330,000 |
$80,000 | $80,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $1,135,000 |
$378,000 | $430,000 |
$31,000 | $94,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for HYDE PARK SAVINGS BANK by:
Metropolitan Area And
County
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