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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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LAFAYETTE BANK & TRUST NA
Mortgage Loans and Application Details
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| Mortgage Company Name |
LAFAYETTE BANK & TRUST NA |
| Address | 133 NORTH 4TH STREET
LAFAYETTE, IN 47901 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 600 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $60,847,000 |
| Average Mortgage Loan Amount Applied For | $118,437 |
| Highest Mortgage Loan Amount Applied For | $1,686,000 |
| Average Applicant Income | $76,343 |
| Highest Applicant Income | $1,178,000 |
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| Home Improvement |
62 | $1,415,000 |
$22,000 | $107,000 |
$62,000 | $397,000 |
| Home Purchase |
295 | $34,178,000 |
$115,000 | $476,000 |
$61,000 | $757,000 |
| Refinancing |
251 | $26,063,000 |
$103,000 | $1,686,000 |
$73,000 | $1,178,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
5 | $690,000 |
$138,000 | $248,000 |
$83,000 | $121,000 |
| Black or African American |
2 | $191,000 |
$95,000 | $163,000 |
$82,000 | $115,000 |
| Hispanic |
21 | $1,723,000 |
$82,000 | $153,000 |
$48,000 | $96,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
7 | $1,301,000 |
$185,000 | $476,000 |
$3,000 | $25,000 |
| Not Provided |
6 | $559,000 |
$93,000 | $153,000 |
$51,000 | $65,000 |
| White |
567 | $57,192,000 |
$100,000 | $1,686,000 |
$68,000 | $1,178,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
529 | $53,250,000 |
$100,000 | $1,686,000 |
$68,000 | $1,178,000 |
| FHA-insured (Federal Housing Administration) |
60 | $6,099,000 |
$101,000 | $199,000 |
$48,000 | $106,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $85,000 |
$85,000 | $85,000 |
$14,000 | $14,000 |
| VA-guaranteed (Veterans Administration) |
18 | $2,222,000 |
$123,000 | $200,000 |
$66,000 | $141,000 |
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| Application Approved But Not Accepted |
4 | $562,000 |
$140,000 | $231,000 |
$68,000 | $118,000 |
| Application Denied By Financial Institution |
23 | $2,950,000 |
$128,000 | $247,000 |
$57,000 | $125,000 |
| Application Withdrawn By Applicant |
75 | $8,326,000 |
$111,000 | $348,000 |
$68,000 | $1,178,000 |
| File Closed For Incompleteness |
8 | $710,000 |
$88,000 | $240,000 |
$66,000 | $105,000 |
| Loan Originated |
497 | $48,980,000 |
$98,000 | $1,686,000 |
$66,000 | $757,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $128,000 |
$128,000 | $128,000 |
$87,000 | $87,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
6 | $559,000 |
$93,000 | $172,000 |
$75,000 | $101,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $904,000 |
$129,000 | $231,000 |
$62,000 | $125,000 |
| Debt-To-Income Ratio |
8 | $1,190,000 |
$148,000 | $236,000 |
$45,000 | $90,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
1 | $247,000 |
$247,000 | $247,000 |
$51,000 | $51,000 |
| Other |
1 | $50,000 |
$50,000 | $50,000 |
$28,000 | $28,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for LAFAYETTE BANK & TRUST NA by:
Metropolitan Area And
County
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