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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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MIDLAND FEDERAL SAVINGS & LOAN
Mortgage Loans and Application Details
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| Mortgage Company Name |
MIDLAND FEDERAL SAVINGS & LOAN |
| Address | 8929 S. HARLEM AVE.
BRIDGEVIEW, IL 60455 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 80 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $12,783,000 |
| Average Mortgage Loan Amount Applied For | $151,444 |
| Highest Mortgage Loan Amount Applied For | $417,000 |
| Average Applicant Income | $61,222 |
| Highest Applicant Income | $567,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
53 | $8,268,000 |
$156,000 | $417,000 |
$79,000 | $567,000 |
| Refinancing |
27 | $4,515,000 |
$167,000 | $400,000 |
$73,000 | $154,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $217,000 |
$217,000 | $217,000 |
$55,000 | $55,000 |
| Black or African American |
5 | $709,000 |
$141,000 | $244,000 |
$67,000 | $123,000 |
| Hispanic |
5 | $1,039,000 |
$207,000 | $372,000 |
$78,000 | $157,000 |
| 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 |
69 | $10,818,000 |
$156,000 | $417,000 |
$78,000 | $567,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
80 | $12,783,000 |
$159,000 | $417,000 |
$77,000 | $567,000 |
| 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 |
2 | $309,000 |
$154,000 | $196,000 |
$45,000 | $66,000 |
| Application Withdrawn By Applicant |
4 | $681,000 |
$170,000 | $252,000 |
$75,000 | $111,000 |
| File Closed For Incompleteness |
1 | $110,000 |
$110,000 | $110,000 |
$69,000 | $69,000 |
| Loan Originated |
73 | $11,683,000 |
$160,000 | $417,000 |
$78,000 | $567,000 |
| 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 | $196,000 |
$196,000 | $196,000 |
$66,000 | $66,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $113,000 |
$113,000 | $113,000 |
$25,000 | $25,000 |
| 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 MIDLAND FEDERAL SAVINGS & LOAN by:
Metropolitan Area And
County
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