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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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NORTH AKRON SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
NORTH AKRON SAVINGS BANK |
| Address | 158 E. CUYAHOGA FALLS AVE.
AKRON, OH 44310 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 197 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $26,434,000 |
| Average Mortgage Loan Amount Applied For | $163,181 |
| Highest Mortgage Loan Amount Applied For | $584,000 |
| Average Applicant Income | $138,363 |
| Highest Applicant Income | $695,000 |
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| Home Improvement |
5 | $1,125,000 |
$225,000 | $584,000 |
$75,000 | $124,000 |
| Home Purchase |
114 | $15,721,000 |
$137,000 | $325,000 |
$81,000 | $695,000 |
| Refinancing |
94 | $12,111,000 |
$128,000 | $520,000 |
$80,000 | $364,000 |
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| American Indian or Alaskan Native |
1 | $81,000 |
$81,000 | $81,000 |
$54,000 | $54,000 |
| Asian |
4 | $528,000 |
$132,000 | $181,000 |
$65,000 | $71,000 |
| Black or African American |
4 | $642,000 |
$160,000 | $300,000 |
$86,000 | $134,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
204 | $27,706,000 |
$135,000 | $584,000 |
$81,000 | $695,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
213 | $28,957,000 |
$135,000 | $584,000 |
$80,000 | $695,000 |
| 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 | $521,000 |
$104,000 | $175,000 |
$61,000 | $95,000 |
| Application Denied By Financial Institution |
17 | $2,122,000 |
$124,000 | $225,000 |
$46,000 | $87,000 |
| Application Withdrawn By Applicant |
23 | $2,965,000 |
$128,000 | $313,000 |
$73,000 | $169,000 |
| File Closed For Incompleteness |
3 | $530,000 |
$176,000 | $300,000 |
$92,000 | $134,000 |
| Loan Originated |
149 | $20,296,000 |
$136,000 | $584,000 |
$88,000 | $695,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
16 | $2,523,000 |
$157,000 | $318,000 |
$60,000 | $119,000 |
| 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 |
7 | $732,000 |
$104,000 | $225,000 |
$52,000 | $87,000 |
| Debt-To-Income Ratio |
8 | $1,171,000 |
$146,000 | $221,000 |
$44,000 | $69,000 |
| 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 NORTH AKRON SAVINGS BANK by:
Metropolitan Area And
County
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