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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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MEETINGHOUSE COOPERATIVE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
MEETINGHOUSE COOPERATIVE BANK |
| Address | 2250 DORCHESTER AVENUE DORCHESTER, MA 02124 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 27 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,501,000 |
| Average Mortgage Loan Amount Applied For | $441,333 |
| Highest Mortgage Loan Amount Applied For | $2,800,000 |
| Average Applicant Income | $152,166 |
| Highest Applicant Income | $899,000 |
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| Home Improvement |
1 | $2,800,000 |
$2,800,000 | $2,800,000 |
$0 | $0 |
| Home Purchase |
7 | $2,545,000 |
$363,000 | $520,000 |
$223,000 | $363,000 |
| Refinancing |
19 | $5,156,000 |
$271,000 | $1,966,000 |
$156,000 | $899,000 |
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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 |
3 | $360,000 |
$120,000 | $240,000 |
$70,000 | $78,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
24 | $10,141,000 |
$422,000 | $2,800,000 |
$180,000 | $899,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
27 | $10,501,000 |
$388,000 | $2,800,000 |
$168,000 | $899,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
1 | $525,000 |
$525,000 | $525,000 |
$63,000 | $63,000 |
| Application Withdrawn By Applicant |
5 | $4,070,000 |
$814,000 | $2,800,000 |
$264,000 | $899,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
21 | $5,906,000 |
$281,000 | $1,966,000 |
$150,000 | $363,000 |
| 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 |
1 | $525,000 |
$525,000 | $525,000 |
$63,000 | $63,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MEETINGHOUSE COOPERATIVE BANK by:
Metropolitan Area And
County
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