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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 PARK SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
LINCOLN PARK SAVINGS BANK |
| Address | 31 BOONTON TURNPIKE
LINCOLN PARK, NJ 07035 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 86 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,458,000 |
| Average Mortgage Loan Amount Applied For | $241,555 |
| Highest Mortgage Loan Amount Applied For | $800,000 |
| Average Applicant Income | $118,666 |
| Highest Applicant Income | $470,000 |
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| Home Improvement |
15 | $963,000 |
$64,000 | $220,000 |
$100,000 | $204,000 |
| Home Purchase |
27 | $7,985,000 |
$295,000 | $800,000 |
$135,000 | $470,000 |
| Refinancing |
44 | $7,510,000 |
$170,000 | $585,000 |
$99,000 | $235,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
5 | $1,760,000 |
$352,000 | $800,000 |
$185,000 | $243,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
2 | $95,000 |
$47,000 | $50,000 |
$66,000 | $75,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
3 | $725,000 |
$241,000 | $310,000 |
$242,000 | $434,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
76 | $13,878,000 |
$182,000 | $800,000 |
$101,000 | $470,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
86 | $16,458,000 |
$191,000 | $800,000 |
$110,000 | $470,000 |
| 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 |
4 | $2,024,000 |
$506,000 | $800,000 |
$170,000 | $312,000 |
| Application Denied By Financial Institution |
4 | $1,745,000 |
$436,000 | $800,000 |
$150,000 | $243,000 |
| Application Withdrawn By Applicant |
2 | $476,000 |
$238,000 | $238,000 |
$359,000 | $470,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
76 | $12,213,000 |
$160,000 | $585,000 |
$99,000 | $434,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
3 | $1,395,000 |
$465,000 | $800,000 |
$161,000 | $243,000 |
| Employment History |
1 | $350,000 |
$350,000 | $350,000 |
$120,000 | $120,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 LINCOLN PARK SAVINGS BANK by:
Metropolitan Area And
County
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