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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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MIDDLESEX SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
MIDDLESEX SAVINGS BANK |
| Address | 6 MAIN STREET
NATICK, MA 01760 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,163 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $222,747,000 |
| Average Mortgage Loan Amount Applied For | $304,900 |
| Highest Mortgage Loan Amount Applied For | $4,600,000 |
| Average Applicant Income | $176,900 |
| Highest Applicant Income | $2,967,000 |
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| Home Improvement |
437 | $53,989,000 |
$123,000 | $3,800,000 |
$112,000 | $1,653,000 |
| Home Purchase |
273 | $89,148,000 |
$326,000 | $4,600,000 |
$168,000 | $2,967,000 |
| Refinancing |
464 | $83,522,000 |
$180,000 | $4,000,000 |
$105,000 | $1,781,000 |
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| American Indian or Alaskan Native |
3 | $100,000 |
$33,000 | $50,000 |
$67,000 | $87,000 |
| Asian |
19 | $3,324,000 |
$174,000 | $724,000 |
$114,000 | $275,000 |
| Black or African American |
5 | $598,000 |
$119,000 | $295,000 |
$97,000 | $162,000 |
| Hispanic |
10 | $916,000 |
$91,000 | $210,000 |
$98,000 | $210,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $409,000 |
$409,000 | $409,000 |
$139,000 | $139,000 |
| Not applicable |
2 | $1,525,000 |
$762,000 | $1,125,000 |
$180,000 | $360,000 |
| Not Provided |
191 | $55,286,000 |
$289,000 | $3,000,000 |
$147,000 | $2,967,000 |
| White |
943 | $164,501,000 |
$174,000 | $4,600,000 |
$118,000 | $1,781,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,174 | $226,659,000 |
$193,000 | $4,600,000 |
$123,000 | $2,967,000 |
| 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 |
75 | $15,666,000 |
$208,000 | $1,900,000 |
$123,000 | $1,109,000 |
| Application Denied By Financial Institution |
120 | $21,400,000 |
$178,000 | $1,689,000 |
$86,000 | $370,000 |
| Application Withdrawn By Applicant |
52 | $17,378,000 |
$334,000 | $4,000,000 |
$133,000 | $1,781,000 |
| File Closed For Incompleteness |
26 | $4,276,000 |
$164,000 | $1,550,000 |
$93,000 | $483,000 |
| Loan Originated |
901 | $167,939,000 |
$186,000 | $4,600,000 |
$128,000 | $2,967,000 |
| 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 |
2 | $224,000 |
$112,000 | $154,000 |
$55,000 | $110,000 |
| 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 MIDDLESEX SAVINGS BANK by:
Metropolitan Area And
County
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