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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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OWEN COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
OWEN COMMUNITY BANK |
| Address | 279 E. MORGAN ST
SPENCER, IN 47460 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 370 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $24,269,000 |
| Average Mortgage Loan Amount Applied For | $73,642 |
| Highest Mortgage Loan Amount Applied For | $256,000 |
| Average Applicant Income | $44,452 |
| Highest Applicant Income | $172,000 |
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| Home Improvement |
11 | $424,000 |
$38,000 | $92,000 |
$62,000 | $172,000 |
| Home Purchase |
262 | $18,009,000 |
$68,000 | $256,000 |
$46,000 | $172,000 |
| Refinancing |
97 | $5,836,000 |
$60,000 | $225,000 |
$41,000 | $139,000 |
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| American Indian or Alaskan Native |
1 | $60,000 |
$60,000 | $60,000 |
$31,000 | $31,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
2 | $87,000 |
$43,000 | $62,000 |
$44,000 | $51,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
34 | $2,517,000 |
$74,000 | $225,000 |
$42,000 | $77,000 |
| White |
333 | $21,605,000 |
$64,000 | $256,000 |
$45,000 | $172,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
354 | $23,882,000 |
$67,000 | $256,000 |
$45,000 | $172,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
16 | $387,000 |
$24,000 | $75,000 |
$30,000 | $52,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
27 | $1,853,000 |
$68,000 | $221,000 |
$44,000 | $98,000 |
| Application Denied By Financial Institution |
166 | $11,992,000 |
$72,000 | $179,000 |
$42,000 | $108,000 |
| Application Withdrawn By Applicant |
42 | $2,854,000 |
$67,000 | $256,000 |
$47,000 | $133,000 |
| File Closed For Incompleteness |
1 | $133,000 |
$133,000 | $133,000 |
$33,000 | $33,000 |
| Loan Originated |
134 | $7,437,000 |
$55,000 | $225,000 |
$47,000 | $172,000 |
| 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 |
5 | $529,000 |
$105,000 | $163,000 |
$62,000 | $96,000 |
| Credit Application Incomplete |
1 | $65,000 |
$65,000 | $65,000 |
$59,000 | $59,000 |
| Credit History |
112 | $8,042,000 |
$71,000 | $179,000 |
$44,000 | $106,000 |
| Debt-To-Income Ratio |
39 | $2,817,000 |
$72,000 | $151,000 |
$36,000 | $75,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $174,000 |
$58,000 | $71,000 |
$36,000 | $47,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $222,000 |
$55,000 | $147,000 |
$48,000 | $108,000 |
| Unverifiable Information |
2 | $143,000 |
$71,000 | $83,000 |
$34,000 | $38,000 |
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Mortgage Loan App Totals for OWEN COMMUNITY BANK by:
Metropolitan Area And
County
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