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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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ING BANK, FSB
Mortgage Loans and Application Details
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| Mortgage Company Name |
ING BANK, FSB |
| Address | 1 SOUTH ORANGE STREET
WILMINGTON, DE 19801 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 40,810 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,359,195,000 |
| Average Mortgage Loan Amount Applied For | $154,571 |
| Highest Mortgage Loan Amount Applied For | $3,640,000 |
| Average Applicant Income | $95,088 |
| Highest Applicant Income | $9,985,000 |
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| Home Improvement |
50 | $28,824,000 |
$576,000 | $1,000,000 |
$403,000 | $8,990,000 |
| Home Purchase |
18,313 | $5,131,137,000 |
$280,000 | $3,640,000 |
$125,000 | $9,796,000 |
| Refinancing |
22,905 | $6,312,780,000 |
$275,000 | $3,375,000 |
$130,000 | $9,985,000 |
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| American Indian or Alaskan Native |
193 | $43,055,000 |
$223,000 | $1,000,000 |
$109,000 | $3,000,000 |
| Asian |
4,456 | $1,633,651,000 |
$366,000 | $2,080,000 |
$142,000 | $8,000,000 |
| Black or African American |
1,806 | $370,353,000 |
$205,000 | $1,500,000 |
$97,000 | $6,600,000 |
| Hispanic |
2,030 | $619,288,000 |
$305,000 | $2,000,000 |
$112,000 | $1,626,000 |
| Native Hawaiin or Other Pacific Islander |
159 | $51,742,000 |
$325,000 | $960,000 |
$134,000 | $1,000,000 |
| Not applicable |
2,116 | $559,336,000 |
$264,000 | $1,000,000 |
$108,000 | $9,796,000 |
| Not Provided |
8,882 | $2,327,703,000 |
$262,000 | $2,700,000 |
$127,000 | $9,000,000 |
| White |
21,626 | $5,867,613,000 |
$271,000 | $3,640,000 |
$132,000 | $9,985,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
41,083 | $11,440,807,000 |
$278,000 | $3,640,000 |
$128,000 | $9,985,000 |
| FHA-insured (Federal Housing Administration) |
182 | $31,486,000 |
$173,000 | $512,000 |
$57,000 | $307,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $448,000 |
$149,000 | $190,000 |
$94,000 | $110,000 |
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| Application Approved But Not Accepted |
8,987 | $2,436,805,000 |
$271,000 | $2,700,000 |
$135,000 | $7,510,000 |
| Application Denied By Financial Institution |
11,229 | $2,701,925,000 |
$240,000 | $3,640,000 |
$114,000 | $9,985,000 |
| Application Withdrawn By Applicant |
378 | $120,439,000 |
$318,000 | $2,000,000 |
$149,000 | $3,226,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
17,413 | $5,266,157,000 |
$302,000 | $3,000,000 |
$138,000 | $9,000,000 |
| Loan Purchased By The Institution |
2,803 | $833,869,000 |
$297,000 | $1,000,000 |
$99,000 | $9,796,000 |
| Preapproval Approved but not Accepted |
287 | $76,143,000 |
$265,000 | $1,100,000 |
$112,000 | $425,000 |
| Preapproval Denied by Financial Institution |
171 | $37,403,000 |
$218,000 | $800,000 |
$96,000 | $1,000,000 |
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| Collateral |
1,861 | $547,165,000 |
$294,000 | $3,640,000 |
$132,000 | $2,917,000 |
| Credit Application Incomplete |
5 | $1,981,000 |
$396,000 | $632,000 |
$175,000 | $240,000 |
| Credit History |
5,190 | $1,036,172,000 |
$199,000 | $2,500,000 |
$123,000 | $9,985,000 |
| Debt-To-Income Ratio |
3,850 | $1,006,201,000 |
$261,000 | $3,375,000 |
$88,000 | $2,455,000 |
| Employment History |
38 | $11,416,000 |
$300,000 | $1,080,000 |
$152,000 | $450,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $406,000 |
$406,000 | $406,000 |
$96,000 | $96,000 |
| Mortgage Insurance Denied |
1 | $176,000 |
$176,000 | $176,000 |
$70,000 | $70,000 |
| Other |
398 | $113,431,000 |
$285,000 | $1,500,000 |
$147,000 | $1,440,000 |
| Unverifiable Information |
56 | $22,380,000 |
$399,000 | $1,488,000 |
$148,000 | $400,000 |
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Mortgage Loan App Totals for ING BANK, FSB by:
Metropolitan Area And
County
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