|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
MERCANTILE BANK & TRUST
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
MERCANTILE BANK & TRUST |
| Address | 61 BROOKLINE AVENUE
BOSTON, MA 02215 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 20 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,153,000 |
| Average Mortgage Loan Amount Applied For | $407,250 |
| Highest Mortgage Loan Amount Applied For | $1,485,000 |
| Average Applicant Income | $230,000 |
| Highest Applicant Income | $707,000 |
|
|
|
| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
5 | $2,327,000 |
$465,000 | $606,000 |
$330,000 | $704,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
6 | $5,101,000 |
$850,000 | $1,485,000 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
9 | $3,725,000 |
$298,000 | $690,000 |
$215,500 | $707,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian or Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Information not provided by applicant in mail or telephone application |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
8 | $5,907,000 |
$738,000 | $1,485,000 |
$107,000 | $229,000 |
| Other |
1 | $350,000 |
$350,000 | $350,000 |
$33,000 | $33,000 |
| White |
11 | $4,896,000 |
$312,000 | $950,000 |
$263,000 | $707,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
20 | $11,153,000 |
$364,500 | $1,485,000 |
$234,500 | $707,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
13 | $8,282,000 |
$413,500 | $1,485,000 |
$177,000 | $280,000 |
| Loan Purchased By The Institution |
7 | $2,871,000 |
$410,000 | $622,000 |
$326,000 | $707,000 |
|
|
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
|
Mortgage Loan App Totals for MERCANTILE BANK & TRUST by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
