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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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OHIO LEGACY BANK, N.A.
Mortgage Loans and Application Details
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| Mortgage Company Name |
OHIO LEGACY BANK, N.A. |
| Address | 305 W LIBERTY STREET
WOOSTER, OH 44691 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 175 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $22,693,000 |
| Average Mortgage Loan Amount Applied For | $159,833 |
| Highest Mortgage Loan Amount Applied For | $670,000 |
| Average Applicant Income | $82,916 |
| Highest Applicant Income | $254,000 |
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| Home Improvement |
7 | $500,000 |
$71,000 | $202,000 |
$76,000 | $146,000 |
| Home Purchase |
100 | $14,689,000 |
$146,000 | $670,000 |
$66,000 | $254,000 |
| Refinancing |
68 | $7,504,000 |
$110,000 | $420,000 |
$64,000 | $230,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $130,000 |
$130,000 | $130,000 |
$79,000 | $79,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
12 | $1,459,000 |
$121,000 | $420,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
162 | $21,104,000 |
$130,000 | $670,000 |
$70,000 | $254,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
175 | $22,693,000 |
$129,000 | $670,000 |
$65,000 | $254,000 |
| 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 |
4 | $398,000 |
$99,000 | $148,000 |
$35,000 | $74,000 |
| Application Denied By Financial Institution |
18 | $2,505,000 |
$139,000 | $355,000 |
$59,000 | $127,000 |
| Application Withdrawn By Applicant |
6 | $1,220,000 |
$203,000 | $670,000 |
$89,000 | $170,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
147 | $18,570,000 |
$126,000 | $465,000 |
$66,000 | $254,000 |
| 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 | $90,000 |
$90,000 | $90,000 |
$102,000 | $102,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
10 | $1,416,000 |
$141,000 | $355,000 |
$55,000 | $127,000 |
| Debt-To-Income Ratio |
7 | $999,000 |
$142,000 | $295,000 |
$59,000 | $85,000 |
| 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 OHIO LEGACY BANK, N.A. by:
Metropolitan Area And
County
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