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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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INTERVALE MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
INTERVALE MORTGAGE |
| Address | 815 RESERVOIR AVE
CRANSTON, RI 02910 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 30,314 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,838,507,000 |
| Average Mortgage Loan Amount Applied For | $107,343 |
| Highest Mortgage Loan Amount Applied For | $960,000 |
| Average Applicant Income | $60,720 |
| Highest Applicant Income | $1,353,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
11,373 | $1,210,960,000 |
$106,000 | $960,000 |
$63,000 | $1,188,000 |
| Refinancing |
18,948 | $2,628,178,000 |
$138,000 | $830,000 |
$70,000 | $1,353,000 |
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| American Indian or Alaskan Native |
83 | $9,103,000 |
$109,000 | $340,000 |
$59,000 | $160,000 |
| Asian |
309 | $48,944,000 |
$158,000 | $800,000 |
$91,000 | $659,000 |
| Black or African American |
6,380 | $917,349,000 |
$143,000 | $768,000 |
$68,000 | $1,016,000 |
| Hispanic |
1,768 | $251,704,000 |
$142,000 | $580,000 |
$70,000 | $636,000 |
| Native Hawaiin or Other Pacific Islander |
47 | $5,484,000 |
$116,000 | $414,000 |
$57,000 | $137,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2,493 | $343,188,000 |
$137,000 | $664,000 |
$69,000 | $1,200,000 |
| White |
19,241 | $2,263,366,000 |
$117,000 | $960,000 |
$66,000 | $1,353,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
30,321 | $3,839,138,000 |
$126,000 | $960,000 |
$67,000 | $1,353,000 |
| 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 |
7,253 | $914,406,000 |
$126,000 | $800,000 |
$68,000 | $1,188,000 |
| Application Denied By Financial Institution |
6,756 | $912,493,000 |
$135,000 | $960,000 |
$69,000 | $1,200,000 |
| Application Withdrawn By Applicant |
59 | $8,168,000 |
$138,000 | $464,000 |
$71,000 | $429,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
16,246 | $2,003,440,000 |
$123,000 | $800,000 |
$66,000 | $1,353,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
4 | $350,000 |
$87,000 | $135,000 |
$37,000 | $39,000 |
| Preapproval Denied by Financial Institution |
3 | $281,000 |
$93,000 | $130,000 |
$46,000 | $69,000 |
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| Collateral |
1,190 | $168,930,000 |
$141,000 | $792,000 |
$72,000 | $1,200,000 |
| Credit Application Incomplete |
159 | $24,885,000 |
$156,000 | $560,000 |
$72,000 | $413,000 |
| Credit History |
1,026 | $154,506,000 |
$150,000 | $830,000 |
$69,000 | $929,000 |
| Debt-To-Income Ratio |
997 | $124,623,000 |
$124,000 | $722,000 |
$53,000 | $719,000 |
| Employment History |
208 | $27,851,000 |
$133,000 | $543,000 |
$68,000 | $367,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $270,000 |
$270,000 | $270,000 |
$84,000 | $84,000 |
| Mortgage Insurance Denied |
523 | $73,143,000 |
$139,000 | $960,000 |
$76,000 | $642,000 |
| Other |
2,187 | $268,561,000 |
$122,000 | $768,000 |
$70,000 | $1,200,000 |
| Unverifiable Information |
468 | $70,005,000 |
$149,000 | $754,000 |
$78,000 | $797,000 |
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Mortgage Loan App Totals for INTERVALE MORTGAGE by:
Metropolitan Area And
County
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