|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
MERCANTILE SAVINGS BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
MERCANTILE SAVINGS BANK |
| Address | 8001 KENWOOD ROAD
CINCINNATI, OH 45236 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 80 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,132,000 |
| Average Mortgage Loan Amount Applied For | $140,125 |
| Highest Mortgage Loan Amount Applied For | $900,000 |
| Average Applicant Income | $114,000 |
| Highest Applicant Income | $478,000 |
|
|
|
| Home Improvement |
5 | $274,000 |
$54,000 | $135,000 |
$55,000 | $150,000 |
| Home Purchase |
32 | $5,414,000 |
$154,500 | $900,000 |
$214,500 | $478,000 |
| Refinancing |
43 | $5,444,000 |
$100,000 | $360,000 |
$85,333 | $197,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $140,000 |
$70,000 | $79,000 |
$96,000 | $96,000 |
| Black or African American |
4 | $357,000 |
$89,000 | $129,000 |
$63,000 | $117,000 |
| Hispanic |
1 | $140,000 |
$140,000 | $140,000 |
$193,000 | $193,000 |
| 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 |
73 | $10,495,000 |
$114,000 | $900,000 |
$149,250 | $478,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
80 | $11,132,000 |
$112,750 | $900,000 |
$150,500 | $478,000 |
| 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 |
1 | $61,000 |
$61,000 | $61,000 |
$96,000 | $96,000 |
| Application Denied By Financial Institution |
4 | $413,000 |
$103,000 | $200,000 |
$27,000 | $47,000 |
| Application Withdrawn By Applicant |
5 | $687,000 |
$137,000 | $284,000 |
$58,000 | $85,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
70 | $9,971,000 |
$113,750 | $900,000 |
$153,500 | $478,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $73,000 |
$36,000 | $70,000 |
$38,000 | $47,000 |
| Debt-To-Income Ratio |
2 | $340,000 |
$170,000 | $200,000 |
$16,000 | $24,000 |
| 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 |
|
Mortgage Loan App Totals for MERCANTILE SAVINGS BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
