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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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MID SOUTHERN SAVINGS BANK, FAS
Mortgage Loans and Application Details
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| Mortgage Company Name |
MID SOUTHERN SAVINGS BANK, FAS |
| Address | 300 N WATER ST
SALEM, IN 47167 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 276 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $19,588,000 |
| Average Mortgage Loan Amount Applied For | $81,833 |
| Highest Mortgage Loan Amount Applied For | $633,000 |
| Average Applicant Income | $50,583 |
| Highest Applicant Income | $386,000 |
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| Home Improvement |
28 | $1,159,000 |
$41,000 | $226,000 |
$60,000 | $164,000 |
| Home Purchase |
102 | $9,330,000 |
$91,000 | $633,000 |
$59,000 | $386,000 |
| Refinancing |
146 | $9,099,000 |
$62,000 | $276,000 |
$55,000 | $310,000 |
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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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $86,000 |
$86,000 | $86,000 |
$54,000 | $54,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $508,000 |
$84,000 | $218,000 |
$0 | $0 |
| Not Provided |
1 | $58,000 |
$58,000 | $58,000 |
$74,000 | $74,000 |
| White |
268 | $18,936,000 |
$70,000 | $633,000 |
$58,000 | $386,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
276 | $19,588,000 |
$70,000 | $633,000 |
$57,000 | $386,000 |
| 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 |
18 | $1,675,000 |
$93,000 | $633,000 |
$42,000 | $106,000 |
| Application Withdrawn By Applicant |
10 | $601,000 |
$60,000 | $160,000 |
$45,000 | $82,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
248 | $17,312,000 |
$69,000 | $440,000 |
$59,000 | $386,000 |
| 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 |
2 | $63,000 |
$31,000 | $43,000 |
$34,000 | $53,000 |
| Credit Application Incomplete |
3 | $125,000 |
$41,000 | $56,000 |
$27,000 | $31,000 |
| Credit History |
8 | $547,000 |
$68,000 | $131,000 |
$51,000 | $106,000 |
| Debt-To-Income Ratio |
3 | $205,000 |
$68,000 | $127,000 |
$57,000 | $81,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $633,000 |
$633,000 | $633,000 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $102,000 |
$102,000 | $102,000 |
$26,000 | $26,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MID SOUTHERN SAVINGS BANK, FAS by:
Metropolitan Area And
County
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