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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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MUTUAL SAVINGS AND LOAN ASSOCI
Mortgage Loans and Application Details
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| Mortgage Company Name |
MUTUAL SAVINGS AND LOAN ASSOCI |
| Address | 2900 CLEARVIEW PKWY METAIRIE, LA 70006 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 65 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,517,000 |
| Average Mortgage Loan Amount Applied For | $142,300 |
| Highest Mortgage Loan Amount Applied For | $920,000 |
| Average Applicant Income | $147,600 |
| Highest Applicant Income | $721,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
34 | $6,227,000 |
$183,000 | $417,000 |
$132,000 | $721,000 |
| Refinancing |
31 | $5,290,000 |
$170,000 | $920,000 |
$88,000 | $432,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $667,000 |
$222,000 | $495,000 |
$169,000 | $432,000 |
| Black or African American |
2 | $105,000 |
$52,000 | $78,000 |
$103,000 | $103,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $80,000 |
$80,000 | $80,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
59 | $10,665,000 |
$180,000 | $920,000 |
$110,000 | $721,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
65 | $11,517,000 |
$177,000 | $920,000 |
$111,000 | $721,000 |
| 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 |
1 | $122,000 |
$122,000 | $122,000 |
$59,000 | $59,000 |
| Application Denied By Financial Institution |
6 | $1,181,000 |
$196,000 | $417,000 |
$38,000 | $65,000 |
| Application Withdrawn By Applicant |
3 | $293,000 |
$97,000 | $165,000 |
$91,000 | $103,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
55 | $9,921,000 |
$180,000 | $920,000 |
$121,000 | $721,000 |
| 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 |
6 | $1,181,000 |
$196,000 | $417,000 |
$38,000 | $65,000 |
| 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 MUTUAL SAVINGS AND LOAN ASSOCI by:
Metropolitan Area And
County
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