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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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NJM BANK FSB
Mortgage Loans and Application Details
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| Mortgage Company Name |
NJM BANK FSB |
| Address | 301 SULLIVAN WAY
WEST TRENTON, NJ 08628 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 489 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $62,877,000 |
| Average Mortgage Loan Amount Applied For | $121,074 |
| Highest Mortgage Loan Amount Applied For | $940,000 |
| Average Applicant Income | $110,000 |
| Highest Applicant Income | $980,000 |
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| Home Improvement |
244 | $24,480,000 |
$100,000 | $940,000 |
$109,000 | $980,000 |
| Home Purchase |
66 | $15,938,000 |
$241,000 | $686,000 |
$147,000 | $375,000 |
| Refinancing |
179 | $22,459,000 |
$125,000 | $750,000 |
$103,000 | $416,000 |
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| American Indian or Alaskan Native |
1 | $200,000 |
$200,000 | $200,000 |
$158,000 | $158,000 |
| Asian |
24 | $5,561,000 |
$231,000 | $940,000 |
$141,000 | $375,000 |
| Black or African American |
17 | $1,586,000 |
$93,000 | $355,000 |
$67,000 | $148,000 |
| Hispanic |
13 | $2,376,000 |
$182,000 | $375,000 |
$97,000 | $170,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $16,000 |
$16,000 | $16,000 |
$59,000 | $59,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
130 | $16,778,000 |
$129,000 | $750,000 |
$110,000 | $416,000 |
| White |
303 | $36,360,000 |
$120,000 | $498,000 |
$114,000 | $980,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
489 | $62,877,000 |
$128,000 | $940,000 |
$112,000 | $980,000 |
| 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 |
33 | $4,179,000 |
$126,000 | $384,000 |
$119,000 | $260,000 |
| Application Denied By Financial Institution |
37 | $5,274,000 |
$142,000 | $520,000 |
$75,000 | $231,000 |
| Application Withdrawn By Applicant |
10 | $1,187,000 |
$118,000 | $350,000 |
$117,000 | $230,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
409 | $52,237,000 |
$127,000 | $940,000 |
$115,000 | $980,000 |
| 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 |
7 | $1,505,000 |
$215,000 | $520,000 |
$109,000 | $231,000 |
| Credit Application Incomplete |
1 | $420,000 |
$420,000 | $420,000 |
$147,000 | $147,000 |
| Credit History |
11 | $884,000 |
$80,000 | $200,000 |
$72,000 | $108,000 |
| Debt-To-Income Ratio |
17 | $2,090,000 |
$122,000 | $417,000 |
$58,000 | $115,000 |
| 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 |
1 | $375,000 |
$375,000 | $375,000 |
$95,000 | $95,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for NJM BANK FSB by:
Metropolitan Area And
County
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