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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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NEWBURYPORT FIVE CENTS SAVINGS
Mortgage Loans and Application Details
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| Mortgage Company Name |
NEWBURYPORT FIVE CENTS SAVINGS |
| Address | 63 STATE STREET
NEWBURYPORT, MA 01950 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 210 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $49,698,000 |
| Average Mortgage Loan Amount Applied For | $217,500 |
| Highest Mortgage Loan Amount Applied For | $1,600,000 |
| Average Applicant Income | $123,000 |
| Highest Applicant Income | $624,000 |
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| Home Improvement |
35 | $3,414,000 |
$97,000 | $400,000 |
$75,000 | $144,000 |
| Home Purchase |
77 | $24,546,000 |
$318,000 | $1,600,000 |
$116,000 | $423,000 |
| Refinancing |
98 | $21,738,000 |
$221,000 | $710,000 |
$113,000 | $624,000 |
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| American Indian or Alaskan Native |
2 | $562,000 |
$281,000 | $328,000 |
$132,000 | $199,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $297,000 |
$297,000 | $297,000 |
$33,000 | $33,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
4 | $1,417,000 |
$354,000 | $550,000 |
$0 | $0 |
| Not Provided |
22 | $4,232,000 |
$192,000 | $710,000 |
$117,000 | $537,000 |
| White |
181 | $43,190,000 |
$238,000 | $1,600,000 |
$109,000 | $624,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
210 | $49,698,000 |
$236,000 | $1,600,000 |
$108,000 | $624,000 |
| 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 |
5 | $3,181,000 |
$636,000 | $1,400,000 |
$109,000 | $189,000 |
| Application Denied By Financial Institution |
18 | $4,195,000 |
$233,000 | $535,000 |
$163,000 | $624,000 |
| Application Withdrawn By Applicant |
15 | $4,262,000 |
$284,000 | $1,000,000 |
$120,000 | $329,000 |
| File Closed For Incompleteness |
1 | $325,000 |
$325,000 | $325,000 |
$78,000 | $78,000 |
| Loan Originated |
171 | $37,735,000 |
$220,000 | $1,600,000 |
$101,000 | $537,000 |
| 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 |
1 | $17,000 |
$17,000 | $17,000 |
$60,000 | $60,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
10 | $2,128,000 |
$212,000 | $330,000 |
$64,000 | $184,000 |
| Debt-To-Income Ratio |
5 | $1,510,000 |
$302,000 | $535,000 |
$429,000 | $624,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $430,000 |
$430,000 | $430,000 |
$77,000 | $77,000 |
| 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 NEWBURYPORT FIVE CENTS SAVINGS by:
Metropolitan Area And
County
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