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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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LINCOLN BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
LINCOLN BANK |
| Address | 905 SOUTHFIELD DR
PLAINFIELD, IN 46168 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 995 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $118,612,000 |
| Average Mortgage Loan Amount Applied For | $177,225 |
| Highest Mortgage Loan Amount Applied For | $1,520,000 |
| Average Applicant Income | $120,600 |
| Highest Applicant Income | $1,874,000 |
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| Home Improvement |
112 | $6,898,000 |
$34,000 | $600,000 |
$85,000 | $205,000 |
| Home Purchase |
389 | $54,734,000 |
$188,500 | $900,000 |
$131,166 | $1,874,000 |
| Refinancing |
495 | $56,986,000 |
$737,500 | $1,520,000 |
$481,500 | $900,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $190,000 |
$63,000 | $102,000 |
$54,000 | $62,000 |
| Black or African American |
1 | $32,000 |
$32,000 | $32,000 |
$19,000 | $19,000 |
| Hispanic |
7 | $608,000 |
$86,000 | $181,000 |
$53,000 | $86,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $1,230,000 |
$246,000 | $600,000 |
$83,000 | $300,000 |
| Not Provided |
88 | $9,973,000 |
$168,500 | $1,360,000 |
$94,000 | $191,000 |
| White |
892 | $106,585,000 |
$323,750 | $1,520,000 |
$227,875 | $1,874,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
996 | $118,618,000 |
$309,875 | $1,520,000 |
$223,375 | $1,874,000 |
| 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 |
75 | $8,642,000 |
$108,250 | $470,000 |
$88,000 | $169,000 |
| Application Denied By Financial Institution |
30 | $3,519,000 |
$117,000 | $1,360,000 |
$47,000 | $98,000 |
| Application Withdrawn By Applicant |
37 | $3,768,000 |
$204,500 | $314,000 |
$79,500 | $212,000 |
| File Closed For Incompleteness |
1 | $136,000 |
$136,000 | $136,000 |
$99,000 | $99,000 |
| Loan Originated |
853 | $102,553,000 |
$360,285 | $1,520,000 |
$248,142 | $1,874,000 |
| 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 |
8 | $519,000 |
$64,000 | $142,000 |
$56,000 | $98,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $231,000 |
$46,000 | $130,000 |
$43,000 | $67,000 |
| Debt-To-Income Ratio |
11 | $1,873,000 |
$170,000 | $1,360,000 |
$42,000 | $92,000 |
| Employment History |
1 | $32,000 |
$32,000 | $32,000 |
$31,000 | $31,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $76,000 |
$76,000 | $76,000 |
$44,000 | $44,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $788,000 |
$197,000 | $297,000 |
$59,000 | $90,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for LINCOLN BANK by:
Metropolitan Area And
County
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