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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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MILLINGTON SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
MILLINGTON SAVINGS BANK |
| Address | 1902 LONG HILL ROAD
MILLINGTON, NJ 07946 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 147 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $37,323,000 |
| Average Mortgage Loan Amount Applied For | $288,916 |
| Highest Mortgage Loan Amount Applied For | $1,400,000 |
| Average Applicant Income | $118,333 |
| Highest Applicant Income | $741,000 |
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| Home Improvement |
39 | $3,322,000 |
$85,000 | $450,000 |
$116,000 | $283,000 |
| Home Purchase |
33 | $9,901,000 |
$300,000 | $992,000 |
$96,000 | $283,000 |
| Refinancing |
75 | $24,100,000 |
$321,000 | $1,400,000 |
$134,000 | $741,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $1,850,000 |
$925,000 | $1,200,000 |
$206,000 | $230,000 |
| Black or African American |
2 | $270,000 |
$135,000 | $220,000 |
$102,000 | $102,000 |
| Hispanic |
5 | $1,000,000 |
$200,000 | $410,000 |
$110,000 | $171,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $1,885,000 |
$314,000 | $585,000 |
$8,000 | $53,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
132 | $32,318,000 |
$244,000 | $1,400,000 |
$125,000 | $741,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
147 | $37,323,000 |
$253,000 | $1,400,000 |
$121,000 | $741,000 |
| 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 |
3 | $273,000 |
$91,000 | $128,000 |
$42,000 | $99,000 |
| Application Withdrawn By Applicant |
4 | $860,000 |
$215,000 | $585,000 |
$64,000 | $112,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
140 | $36,190,000 |
$258,000 | $1,400,000 |
$124,000 | $741,000 |
| 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 |
1 | $45,000 |
$45,000 | $45,000 |
$99,000 | $99,000 |
| Debt-To-Income Ratio |
2 | $228,000 |
$114,000 | $128,000 |
$13,000 | $27,000 |
| 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 MILLINGTON SAVINGS BANK by:
Metropolitan Area And
County
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