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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 CAMBRIDGE COOPERATIVE BA
Mortgage Loans and Application Details
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| Mortgage Company Name |
NORTH CAMBRIDGE COOPERATIVE BA |
| Address | 2360 MASSACHUSETTS AVENUE
CAMBRIDGE, MA 02140 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 18 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,546,000 |
| Average Mortgage Loan Amount Applied For | $230,500 |
| Highest Mortgage Loan Amount Applied For | $670,000 |
| Average Applicant Income | $89,250 |
| Highest Applicant Income | $782,000 |
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| Home Improvement |
4 | $508,000 |
$127,000 | $213,000 |
$69,000 | $106,000 |
| Home Purchase |
6 | $1,698,000 |
$283,000 | $608,000 |
$76,000 | $155,000 |
| Refinancing |
8 | $2,340,000 |
$292,000 | $670,000 |
$147,000 | $782,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $240,000 |
$240,000 | $240,000 |
$0 | $0 |
| Hispanic |
1 | $340,000 |
$340,000 | $340,000 |
$100,000 | $100,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $213,000 |
$213,000 | $213,000 |
$0 | $0 |
| Not Provided |
2 | $750,000 |
$375,000 | $670,000 |
$399,000 | $782,000 |
| White |
13 | $3,003,000 |
$231,000 | $608,000 |
$78,000 | $155,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
18 | $4,546,000 |
$252,000 | $670,000 |
$106,000 | $782,000 |
| 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 |
1 | $213,000 |
$213,000 | $213,000 |
$0 | $0 |
| Application Denied By Financial Institution |
1 | $350,000 |
$350,000 | $350,000 |
$14,000 | $14,000 |
| Application Withdrawn By Applicant |
1 | $240,000 |
$240,000 | $240,000 |
$0 | $0 |
| File Closed For Incompleteness |
1 | $670,000 |
$670,000 | $670,000 |
$782,000 | $782,000 |
| Loan Originated |
14 | $3,073,000 |
$219,000 | $608,000 |
$80,000 | $155,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $350,000 |
$350,000 | $350,000 |
$14,000 | $14,000 |
| 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 CAMBRIDGE COOPERATIVE BA by:
Metropolitan Area And
County
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