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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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NORTHEAST BANK FSB
Mortgage Loans and Application Details
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| Mortgage Company Name |
NORTHEAST BANK FSB |
| Address | 158 COURT ST
AUBURN, ME 04210 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 1,505 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $123,139,000 |
| Average Mortgage Loan Amount Applied For | $65,777 |
| Highest Mortgage Loan Amount Applied For | $2,650,000 |
| Average Applicant Income | $65,666 |
| Highest Applicant Income | $783,000 |
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| Home Improvement (one-to-four family) |
160 | $6,504,000 |
$41,000 | $190,000 |
$59,500 | $266,000 |
| Home Purchase (one-to-four family) |
642 | $40,320,000 |
$57,333 | $680,000 |
$83,666 | $634,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
51 | $11,567,000 |
$226,000 | $2,650,000 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
653 | $64,756,000 |
$83,333 | $380,000 |
$76,333 | $783,000 |
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| American Indian or Alaskan Native |
7 | $464,000 |
$66,000 | $86,000 |
$35,000 | $64,000 |
| Asian or Pacific Islander |
7 | $586,000 |
$83,000 | $293,000 |
$37,000 | $61,000 |
| Black |
4 | $222,000 |
$55,000 | $125,000 |
$43,000 | $80,000 |
| Hispanic |
8 | $372,000 |
$37,500 | $135,000 |
$68,500 | $99,000 |
| Information not provided by applicant in mail or telephone application |
118 | $7,693,000 |
$61,333 | $380,000 |
$81,333 | $634,000 |
| Not applicable |
21 | $7,357,000 |
$350,000 | $2,650,000 |
$0 | $0 |
| Other |
2 | $24,000 |
$12,000 | $23,000 |
$15,000 | $23,000 |
| White |
1,339 | $106,429,000 |
$67,000 | $750,000 |
$86,333 | $783,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,497 | $121,823,000 |
$67,000 | $2,650,000 |
$81,666 | $783,000 |
| FHA-insured (Federal Housing Administration) |
1 | $74,000 |
$74,000 | $74,000 |
$30,000 | $30,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3 | $804,000 |
$268,000 | $599,000 |
$76,000 | $176,000 |
| VA-guaranteed (Veterans Administration) |
5 | $446,000 |
$89,000 | $131,000 |
$39,000 | $59,000 |
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| Application Approved But Not Accepted |
104 | $9,203,000 |
$69,666 | $680,000 |
$58,000 | $453,000 |
| Application Denied By Financial Institution |
398 | $22,677,000 |
$58,666 | $303,000 |
$59,000 | $169,000 |
| Application Withdrawn By Applicant |
45 | $4,094,000 |
$90,000 | $268,000 |
$51,000 | $250,000 |
| File Closed For Incompleteness |
2 | $369,000 |
$184,000 | $269,000 |
$20,000 | $41,000 |
| Loan Originated |
939 | $85,467,000 |
$70,333 | $2,650,000 |
$114,666 | $783,000 |
| Loan Purchased By The Institution |
18 | $1,337,000 |
$72,000 | $127,000 |
$45,500 | $114,000 |
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| Collateral |
32 | $2,825,000 |
$71,333 | $187,000 |
$56,333 | $142,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
241 | $10,884,000 |
$47,500 | $293,000 |
$40,500 | $164,000 |
| Debt-To-Income Ratio |
105 | $7,450,000 |
$66,000 | $303,000 |
$61,000 | $169,000 |
| Employment History |
9 | $460,000 |
$51,000 | $101,000 |
$45,000 | $96,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $119,000 |
$119,000 | $119,000 |
$1,000 | $1,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $550,000 |
$91,000 | $150,000 |
$45,000 | $69,000 |
| Unverifiable Information |
4 | $389,000 |
$97,000 | $150,000 |
$65,000 | $124,000 |
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Mortgage Loan App Totals for NORTHEAST BANK FSB by:
Metropolitan Area And
County
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