|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
PIONEER SAVINGS BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
PIONEER SAVINGS BANK |
| Address | 21 SECOND STREET
TROY, NY 12180 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 802 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $57,068,000 |
| Average Mortgage Loan Amount Applied For | $93,833 |
| Highest Mortgage Loan Amount Applied For | $786,000 |
| Average Applicant Income | $80,416 |
| Highest Applicant Income | $516,000 |
|
|
|
| Home Improvement |
394 | $13,010,000 |
$33,000 | $275,000 |
$72,000 | $359,000 |
| Home Purchase |
186 | $28,380,000 |
$152,000 | $786,000 |
$79,000 | $516,000 |
| Refinancing |
222 | $15,678,000 |
$70,000 | $434,000 |
$73,000 | $258,000 |
|
|
| American Indian or Alaskan Native |
5 | $215,000 |
$43,000 | $75,000 |
$65,000 | $112,000 |
| Asian |
6 | $826,000 |
$137,000 | $356,000 |
$111,000 | $138,000 |
| Black or African American |
20 | $1,255,000 |
$62,000 | $434,000 |
$63,000 | $258,000 |
| Hispanic |
13 | $605,000 |
$46,000 | $111,000 |
$49,000 | $110,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $100,000 |
$100,000 | $100,000 |
$156,000 | $156,000 |
| Not applicable |
12 | $2,337,000 |
$194,000 | $300,000 |
$0 | $0 |
| Not Provided |
58 | $2,555,000 |
$44,000 | $280,000 |
$73,000 | $225,000 |
| White |
687 | $49,175,000 |
$71,000 | $786,000 |
$75,000 | $516,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
778 | $53,927,000 |
$69,000 | $786,000 |
$74,000 | $516,000 |
| FHA-insured (Federal Housing Administration) |
24 | $3,141,000 |
$130,000 | $193,000 |
$65,000 | $142,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
84 | $3,807,000 |
$45,000 | $250,000 |
$48,000 | $200,000 |
| Application Withdrawn By Applicant |
86 | $7,999,000 |
$93,000 | $786,000 |
$78,000 | $413,000 |
| File Closed For Incompleteness |
2 | $476,000 |
$238,000 | $356,000 |
$85,000 | $131,000 |
| Loan Originated |
630 | $44,786,000 |
$71,000 | $718,000 |
$76,000 | $516,000 |
| 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 |
|
|
| Collateral |
14 | $685,000 |
$48,000 | $193,000 |
$73,000 | $200,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
25 | $947,000 |
$37,000 | $175,000 |
$51,000 | $129,000 |
| Debt-To-Income Ratio |
39 | $1,858,000 |
$47,000 | $250,000 |
$39,000 | $123,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $117,000 |
$58,000 | $92,000 |
$59,000 | $82,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $97,000 |
$48,000 | $77,000 |
$39,000 | $54,000 |
| Unverifiable Information |
1 | $45,000 |
$45,000 | $45,000 |
$28,000 | $28,000 |
|
Mortgage Loan App Totals for PIONEER SAVINGS BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
