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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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MAINSOURCE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
MAINSOURCE BANK |
| Address | 201 N BROADWAY ST
GREENSBURG, IN 47240-0087 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,465 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $122,837,000 |
| Average Mortgage Loan Amount Applied For | $92,453 |
| Highest Mortgage Loan Amount Applied For | $1,700,000 |
| Average Applicant Income | $66,562 |
| Highest Applicant Income | $1,016,000 |
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| Home Improvement |
138 | $3,228,000 |
$23,000 | $130,000 |
$59,000 | $300,000 |
| Home Purchase |
551 | $46,052,000 |
$83,000 | $1,700,000 |
$59,000 | $1,016,000 |
| Refinancing |
776 | $73,557,000 |
$94,000 | $410,000 |
$59,000 | $876,000 |
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| American Indian or Alaskan Native |
7 | $670,000 |
$95,000 | $155,000 |
$34,000 | $65,000 |
| Asian |
2 | $172,000 |
$86,000 | $107,000 |
$35,000 | $47,000 |
| Black or African American |
2 | $182,000 |
$91,000 | $116,000 |
$85,000 | $101,000 |
| Hispanic |
7 | $432,000 |
$61,000 | $130,000 |
$53,000 | $94,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
19 | $1,532,000 |
$80,000 | $177,000 |
$24,000 | $205,000 |
| Not Provided |
6 | $521,000 |
$86,000 | $220,000 |
$124,000 | $455,000 |
| White |
1,422 | $119,328,000 |
$83,000 | $1,700,000 |
$59,000 | $1,016,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,456 | $122,162,000 |
$83,000 | $1,700,000 |
$59,000 | $1,016,000 |
| FHA-insured (Federal Housing Administration) |
6 | $476,000 |
$79,000 | $130,000 |
$43,000 | $55,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $16,000 |
$16,000 | $16,000 |
$23,000 | $23,000 |
| VA-guaranteed (Veterans Administration) |
2 | $183,000 |
$91,000 | $126,000 |
$42,000 | $55,000 |
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| Application Approved But Not Accepted |
3 | $205,000 |
$68,000 | $102,000 |
$21,000 | $45,000 |
| Application Denied By Financial Institution |
200 | $17,419,000 |
$87,000 | $390,000 |
$48,000 | $807,000 |
| Application Withdrawn By Applicant |
57 | $5,664,000 |
$99,000 | $275,000 |
$73,000 | $749,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,205 | $99,549,000 |
$82,000 | $1,700,000 |
$60,000 | $1,016,000 |
| 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 |
7 | $624,000 |
$89,000 | $152,000 |
$57,000 | $80,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
121 | $9,337,000 |
$77,000 | $180,000 |
$42,000 | $93,000 |
| Debt-To-Income Ratio |
58 | $5,913,000 |
$101,000 | $240,000 |
$42,000 | $97,000 |
| Employment History |
1 | $30,000 |
$30,000 | $30,000 |
$9,000 | $9,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $51,000 |
$51,000 | $51,000 |
$37,000 | $37,000 |
| Mortgage Insurance Denied |
1 | $50,000 |
$50,000 | $50,000 |
$21,000 | $21,000 |
| Other |
5 | $699,000 |
$139,000 | $200,000 |
$119,000 | $210,000 |
| Unverifiable Information |
1 | $60,000 |
$60,000 | $60,000 |
$18,000 | $18,000 |
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Mortgage Loan App Totals for MAINSOURCE BANK by:
Metropolitan Area And
County
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