|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
MUTUAL FEDERAL SAVINGS AND LOA
Mortgage Loans and Application Details
|
|
|
| Mortgage Company Name |
MUTUAL FEDERAL SAVINGS AND LOA |
| Address | 2212 W CERMAK RD CHICAGO, IL 60608 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 82 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $17,722,000 |
| Average Mortgage Loan Amount Applied For | $163,500 |
| Highest Mortgage Loan Amount Applied For | $640,000 |
| Average Applicant Income | $78,000 |
| Highest Applicant Income | $1,781,000 |
|
|
| Home Improvement |
15 | $1,505,000 |
$100,000 | $560,000 |
$21,000 | $72,000 |
| Home Purchase |
28 | $6,776,000 |
$242,000 | $640,000 |
$50,000 | $290,000 |
| Refinancing |
39 | $9,441,000 |
$242,000 | $470,000 |
$207,000 | $1,781,000 |
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $360,000 |
$360,000 | $360,000 |
$234,000 | $234,000 |
| Hispanic |
71 | $14,468,000 |
$203,000 | $640,000 |
$71,000 | $391,000 |
| 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 |
10 | $2,894,000 |
$289,000 | $470,000 |
$449,000 | $1,781,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
82 | $17,722,000 |
$216,000 | $640,000 |
$119,000 | $1,781,000 |
| 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 | $203,000 |
$203,000 | $203,000 |
$158,000 | $158,000 |
| Application Denied By Financial Institution |
1 | $128,000 |
$128,000 | $128,000 |
$0 | $0 |
| Application Withdrawn By Applicant |
1 | $80,000 |
$80,000 | $80,000 |
$22,000 | $22,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
79 | $17,311,000 |
$219,000 | $640,000 |
$122,000 | $1,781,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $128,000 |
$128,000 | $128,000 |
$0 | $0 |
| 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 MUTUAL FEDERAL SAVINGS AND LOA by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|