|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
NEWALLIANCE BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
NEWALLIANCE BANK |
| Address | 195 CHURCH STREET
NEW HAVEN, CT 06510 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 4,184 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $852,947,000 |
| Average Mortgage Loan Amount Applied For | $406,856 |
| Highest Mortgage Loan Amount Applied For | $7,000,000 |
| Average Applicant Income | $238,904 |
| Highest Applicant Income | $9,767,000 |
|
|
|
| Home Improvement |
1,054 | $72,047,000 |
$68,000 | $6,500,000 |
$80,000 | $893,000 |
| Home Purchase |
1,016 | $345,291,000 |
$339,000 | $5,375,000 |
$191,000 | $9,767,000 |
| Refinancing |
2,114 | $435,609,000 |
$206,000 | $7,000,000 |
$126,000 | $2,614,000 |
|
|
| American Indian or Alaskan Native |
11 | $2,388,000 |
$217,000 | $1,000,000 |
$106,000 | $435,000 |
| Asian |
143 | $45,046,000 |
$315,000 | $1,996,000 |
$160,000 | $1,200,000 |
| Black or African American |
221 | $29,935,000 |
$135,000 | $969,000 |
$72,000 | $444,000 |
| Hispanic |
244 | $33,439,000 |
$137,000 | $1,397,000 |
$70,000 | $788,000 |
| Native Hawaiin or Other Pacific Islander |
9 | $1,974,000 |
$219,000 | $600,000 |
$88,000 | $325,000 |
| Not applicable |
52 | $43,339,000 |
$833,000 | $7,000,000 |
$17,000 | $693,000 |
| Not Provided |
138 | $55,099,000 |
$399,000 | $1,842,000 |
$254,000 | $1,330,000 |
| White |
3,366 | $641,727,000 |
$190,000 | $3,400,000 |
$134,000 | $9,767,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
4,121 | $841,017,000 |
$204,000 | $7,000,000 |
$132,000 | $9,767,000 |
| FHA-insured (Federal Housing Administration) |
61 | $11,600,000 |
$190,000 | $330,000 |
$59,000 | $94,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $330,000 |
$165,000 | $270,000 |
$144,000 | $202,000 |
|
|
| Application Approved But Not Accepted |
192 | $29,139,000 |
$151,000 | $2,900,000 |
$86,000 | $749,000 |
| Application Denied By Financial Institution |
635 | $66,781,000 |
$105,000 | $3,000,000 |
$71,000 | $1,498,000 |
| Application Withdrawn By Applicant |
143 | $30,692,000 |
$214,000 | $1,100,000 |
$109,000 | $1,800,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2,303 | $317,650,000 |
$137,000 | $7,000,000 |
$95,000 | $8,661,000 |
| Loan Purchased By The Institution |
911 | $408,685,000 |
$448,000 | $2,997,000 |
$273,000 | $9,767,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
37 | $8,930,000 |
$241,000 | $1,500,000 |
$91,000 | $434,000 |
| Credit Application Incomplete |
4 | $955,000 |
$238,000 | $424,000 |
$87,000 | $167,000 |
| Credit History |
31 | $6,733,000 |
$217,000 | $550,000 |
$79,000 | $376,000 |
| Debt-To-Income Ratio |
36 | $8,253,000 |
$229,000 | $1,250,000 |
$50,000 | $194,000 |
| Employment History |
3 | $125,000 |
$41,000 | $113,000 |
$47,000 | $52,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
6 | $1,274,000 |
$212,000 | $300,000 |
$117,000 | $194,000 |
| Mortgage Insurance Denied |
1 | $720,000 |
$720,000 | $720,000 |
$224,000 | $224,000 |
| Other |
10 | $4,618,000 |
$461,000 | $3,000,000 |
$206,000 | $1,498,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for NEWALLIANCE BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
