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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 | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 849 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $103,072,000 |
| Average Mortgage Loan Amount Applied For | $127,837 |
| Highest Mortgage Loan Amount Applied For | $916,000 |
| Average Applicant Income | $87,648 |
| Highest Applicant Income | $1,115,000 |
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| Home Improvement |
83 | $4,396,000 |
$52,000 | $355,000 |
$66,000 | $210,000 |
| Home Purchase |
432 | $60,894,000 |
$140,000 | $916,000 |
$73,000 | $740,000 |
| Refinancing |
334 | $37,782,000 |
$113,000 | $590,000 |
$76,000 | $1,115,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
7 | $771,000 |
$110,000 | $147,000 |
$65,000 | $153,000 |
| Black or African American |
3 | $327,000 |
$109,000 | $148,000 |
$76,000 | $139,000 |
| Hispanic |
11 | $1,175,000 |
$106,000 | $355,000 |
$56,000 | $94,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $444,000 |
$74,000 | $190,000 |
$0 | $0 |
| Not Provided |
37 | $1,691,000 |
$45,000 | $165,000 |
$75,000 | $230,000 |
| White |
785 | $98,664,000 |
$125,000 | $916,000 |
$74,000 | $1,115,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
838 | $101,916,000 |
$121,000 | $916,000 |
$74,000 | $1,115,000 |
| FHA-insured (Federal Housing Administration) |
11 | $1,156,000 |
$105,000 | $156,000 |
$48,000 | $104,000 |
| 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 |
63 | $7,590,000 |
$120,000 | $497,000 |
$59,000 | $153,000 |
| Application Denied By Financial Institution |
42 | $4,862,000 |
$115,000 | $590,000 |
$53,000 | $139,000 |
| Application Withdrawn By Applicant |
17 | $2,072,000 |
$121,000 | $297,000 |
$62,000 | $244,000 |
| File Closed For Incompleteness |
1 | $30,000 |
$30,000 | $30,000 |
$60,000 | $60,000 |
| Loan Originated |
726 | $88,518,000 |
$121,000 | $916,000 |
$76,000 | $1,115,000 |
| 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 |
17 | $1,881,000 |
$110,000 | $238,000 |
$50,000 | $102,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $385,000 |
$55,000 | $225,000 |
$41,000 | $90,000 |
| Debt-To-Income Ratio |
9 | $1,734,000 |
$192,000 | $590,000 |
$57,000 | $139,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $805,000 |
$100,000 | $198,000 |
$66,000 | $133,000 |
| Unverifiable Information |
1 | $57,000 |
$57,000 | $57,000 |
$35,000 | $35,000 |
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Mortgage Loan App Totals for LINCOLN BANK by:
Metropolitan Area And
County
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