|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
NEW BUFFALO SAVINGS BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
NEW BUFFALO SAVINGS BANK |
| Address | 45 NORTH WHITTAKER STREET
NEW BUFFALO, MI 49117 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 100 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $21,242,000 |
| Average Mortgage Loan Amount Applied For | $145,000 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $126,500 |
| Highest Applicant Income | $1,200,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
30 | $6,853,000 |
$228,000 | $825,000 |
$161,000 | $949,000 |
| Refinancing |
70 | $14,389,000 |
$205,000 | $1,000,000 |
$103,000 | $1,200,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
3 | $505,000 |
$168,000 | $255,000 |
$146,000 | $362,000 |
| Hispanic |
2 | $350,000 |
$175,000 | $222,000 |
$68,000 | $93,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $403,000 |
$403,000 | $403,000 |
$0 | $0 |
| Not Provided |
2 | $128,000 |
$64,000 | $103,000 |
$57,000 | $74,000 |
| White |
92 | $19,856,000 |
$215,000 | $1,000,000 |
$124,000 | $1,200,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
100 | $21,242,000 |
$212,000 | $1,000,000 |
$120,000 | $1,200,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
19 | $2,308,000 |
$121,000 | $550,000 |
$54,000 | $120,000 |
| Application Withdrawn By Applicant |
19 | $5,333,000 |
$280,000 | $1,000,000 |
$154,000 | $1,200,000 |
| File Closed For Incompleteness |
4 | $1,342,000 |
$335,000 | $850,000 |
$130,000 | $275,000 |
| Loan Originated |
58 | $12,259,000 |
$211,000 | $970,000 |
$131,000 | $949,000 |
| 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 |
8 | $677,000 |
$84,000 | $125,000 |
$60,000 | $120,000 |
| Debt-To-Income Ratio |
9 | $1,259,000 |
$139,000 | $550,000 |
$44,000 | $104,000 |
| Employment History |
2 | $372,000 |
$186,000 | $222,000 |
$76,000 | $93,000 |
| 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 NEW BUFFALO SAVINGS BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
