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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 SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
LAFAYETTE SAVINGS BANK |
| Address | 101 MAIN STREET
LAFAYETTE, IN 47901 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 405 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $41,791,000 |
| Average Mortgage Loan Amount Applied For | $82,461 |
| Highest Mortgage Loan Amount Applied For | $1,600,000 |
| Average Applicant Income | $63,384 |
| Highest Applicant Income | $1,832,000 |
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| Home Improvement |
49 | $1,143,000 |
$23,000 | $112,000 |
$63,000 | $343,000 |
| Home Purchase |
176 | $25,128,000 |
$142,000 | $1,594,000 |
$61,000 | $481,000 |
| Refinancing |
180 | $15,520,000 |
$86,000 | $1,600,000 |
$83,000 | $1,832,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
2 | $87,000 |
$43,000 | $78,000 |
$36,000 | $43,000 |
| Hispanic |
6 | $951,000 |
$158,000 | $535,000 |
$54,000 | $154,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
53 | $8,525,000 |
$160,000 | $1,600,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
344 | $32,228,000 |
$93,000 | $1,594,000 |
$83,000 | $1,832,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
405 | $41,791,000 |
$103,000 | $1,600,000 |
$71,000 | $1,832,000 |
| 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 |
12 | $1,531,000 |
$127,000 | $456,000 |
$64,000 | $135,000 |
| Application Denied By Financial Institution |
46 | $4,150,000 |
$90,000 | $460,000 |
$45,000 | $123,000 |
| Application Withdrawn By Applicant |
35 | $4,183,000 |
$119,000 | $535,000 |
$57,000 | $197,000 |
| File Closed For Incompleteness |
1 | $133,000 |
$133,000 | $133,000 |
$0 | $0 |
| Loan Originated |
311 | $31,794,000 |
$102,000 | $1,600,000 |
$77,000 | $1,832,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
1 | $56,000 |
$56,000 | $56,000 |
$61,000 | $61,000 |
| Credit Application Incomplete |
1 | $151,000 |
$151,000 | $151,000 |
$98,000 | $98,000 |
| Credit History |
22 | $1,743,000 |
$79,000 | $272,000 |
$43,000 | $118,000 |
| Debt-To-Income Ratio |
21 | $1,940,000 |
$92,000 | $460,000 |
$40,000 | $84,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $260,000 |
$260,000 | $260,000 |
$123,000 | $123,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for LAFAYETTE SAVINGS BANK by:
Metropolitan Area And
County
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