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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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KEYSTONE MTG SERVICES, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
KEYSTONE MTG SERVICES, LLC |
| Address | 107 W MICHIGAN AVE
KALAMAZOO, MI 49007 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 54 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,002,000 |
| Average Mortgage Loan Amount Applied For | $249,100 |
| Highest Mortgage Loan Amount Applied For | $1,118,000 |
| Average Applicant Income | $98,000 |
| Highest Applicant Income | $374,000 |
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| Home Improvement |
5 | $389,000 |
$77,000 | $146,000 |
$46,000 | $79,000 |
| Home Purchase |
23 | $4,833,000 |
$210,000 | $1,118,000 |
$111,000 | $374,000 |
| Refinancing |
27 | $4,980,000 |
$184,000 | $505,000 |
$96,000 | $374,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $425,000 |
$212,000 | $400,000 |
$70,000 | $79,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
3 | $358,000 |
$119,000 | $146,000 |
$57,000 | $142,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
50 | $9,419,000 |
$188,000 | $1,118,000 |
$101,000 | $374,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
55 | $10,202,000 |
$185,000 | $1,118,000 |
$98,000 | $374,000 |
| 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 |
3 | $381,000 |
$127,000 | $169,000 |
$85,000 | $142,000 |
| Application Denied By Financial Institution |
6 | $767,000 |
$127,000 | $400,000 |
$37,000 | $79,000 |
| Application Withdrawn By Applicant |
12 | $2,223,000 |
$185,000 | $422,000 |
$89,000 | $282,000 |
| File Closed For Incompleteness |
3 | $564,000 |
$188,000 | $354,000 |
$28,000 | $86,000 |
| Loan Originated |
30 | $6,067,000 |
$202,000 | $1,118,000 |
$121,000 | $374,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $200,000 |
$200,000 | $200,000 |
$114,000 | $114,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $50,000 |
$50,000 | $50,000 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $400,000 |
$400,000 | $400,000 |
$79,000 | $79,000 |
| Employment History |
2 | $152,000 |
$76,000 | $85,000 |
$41,000 | $63,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $165,000 |
$82,000 | $100,000 |
$32,000 | $32,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for KEYSTONE MTG SERVICES, LLC by:
Metropolitan Area And
County
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