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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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IROQUOIS FEDERAL SAVINGS & LOA
Mortgage Loans and Application Details
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| Mortgage Company Name |
IROQUOIS FEDERAL SAVINGS & LOA |
| Address | 201 E CHERRY ST
WATSEKA, IL 60970 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 451 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $41,805,000 |
| Average Mortgage Loan Amount Applied For | $229,823 |
| Highest Mortgage Loan Amount Applied For | $2,760,000 |
| Average Applicant Income | $125,647 |
| Highest Applicant Income | $1,071,000 |
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| Home Improvement |
117 | $6,097,000 |
$52,000 | $300,000 |
$62,000 | $390,000 |
| Home Purchase |
246 | $27,046,000 |
$109,000 | $2,760,000 |
$57,000 | $324,000 |
| Refinancing |
107 | $9,705,000 |
$90,000 | $846,000 |
$64,000 | $1,071,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $245,000 |
$81,000 | $160,000 |
$50,000 | $77,000 |
| Black or African American |
10 | $609,000 |
$60,000 | $213,000 |
$48,000 | $72,000 |
| Hispanic |
8 | $477,000 |
$59,000 | $150,000 |
$45,000 | $99,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
11 | $5,524,000 |
$502,000 | $2,760,000 |
$13,000 | $144,000 |
| Not Provided |
3 | $536,000 |
$178,000 | $380,000 |
$78,000 | $134,000 |
| White |
435 | $35,457,000 |
$81,000 | $1,000,000 |
$61,000 | $1,071,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
470 | $42,848,000 |
$91,000 | $2,760,000 |
$60,000 | $1,071,000 |
| 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 |
6 | $3,053,000 |
$508,000 | $2,760,000 |
$39,000 | $73,000 |
| Application Denied By Financial Institution |
72 | $6,178,000 |
$85,000 | $450,000 |
$49,000 | $140,000 |
| Application Withdrawn By Applicant |
23 | $1,315,000 |
$57,000 | $250,000 |
$47,000 | $125,000 |
| File Closed For Incompleteness |
6 | $625,000 |
$104,000 | $275,000 |
$46,000 | $108,000 |
| Loan Originated |
344 | $30,634,000 |
$89,000 | $1,800,000 |
$65,000 | $1,071,000 |
| 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 |
19 | $1,043,000 |
$54,000 | $112,000 |
$26,000 | $49,000 |
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| Collateral |
2 | $220,000 |
$110,000 | $112,000 |
$58,000 | $74,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
36 | $1,754,000 |
$48,000 | $152,000 |
$43,000 | $140,000 |
| Debt-To-Income Ratio |
47 | $5,007,000 |
$106,000 | $450,000 |
$45,000 | $118,000 |
| Employment History |
5 | $179,000 |
$35,000 | $56,000 |
$37,000 | $60,000 |
| 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 |
1 | $61,000 |
$61,000 | $61,000 |
$30,000 | $30,000 |
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Mortgage Loan App Totals for IROQUOIS FEDERAL SAVINGS & LOA by:
Metropolitan Area And
County
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