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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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PUTNAM SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
PUTNAM SAVINGS BANK |
| Address | 40 MAIN STREET PO BOX 151
PUTNAM, CT 06260 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 611 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $77,232,000 |
| Average Mortgage Loan Amount Applied For | $128,400 |
| Highest Mortgage Loan Amount Applied For | $938,000 |
| Average Applicant Income | $84,400 |
| Highest Applicant Income | $562,000 |
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| Home Improvement (one-to-four family) |
6 | $521,000 |
$86,000 | $171,000 |
$23,000 | $63,000 |
| Home Purchase (one-to-four family) |
123 | $17,051,000 |
$138,000 | $330,000 |
$61,000 | $203,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
5 | $1,475,000 |
$295,000 | $938,000 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
477 | $58,185,000 |
$116,000 | $600,000 |
$92,666 | $562,000 |
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| American Indian or Alaskan Native |
3 | $322,000 |
$107,000 | $200,000 |
$72,000 | $101,000 |
| Asian or Pacific Islander |
6 | $760,000 |
$126,000 | $172,000 |
$83,000 | $130,000 |
| Black |
1 | $129,000 |
$129,000 | $129,000 |
$61,000 | $61,000 |
| Hispanic |
2 | $277,000 |
$138,000 | $153,000 |
$72,000 | $87,000 |
| Information not provided by applicant in mail or telephone application |
1 | $122,000 |
$122,000 | $122,000 |
$75,000 | $75,000 |
| Not applicable |
5 | $710,000 |
$142,000 | $165,000 |
$0 | $0 |
| Other |
1 | $139,000 |
$139,000 | $139,000 |
$45,000 | $45,000 |
| White |
592 | $74,773,000 |
$117,666 | $938,000 |
$90,333 | $562,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
574 | $72,536,000 |
$117,666 | $938,000 |
$90,666 | $562,000 |
| FHA-insured (Federal Housing Administration) |
4 | $492,000 |
$123,000 | $149,000 |
$50,000 | $60,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
30 | $3,760,000 |
$125,000 | $161,000 |
$50,000 | $74,000 |
| VA-guaranteed (Veterans Administration) |
3 | $444,000 |
$148,000 | $154,000 |
$57,000 | $63,000 |
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| Application Approved But Not Accepted |
5 | $822,000 |
$164,000 | $252,000 |
$83,000 | $121,000 |
| Application Denied By Financial Institution |
50 | $6,808,000 |
$136,000 | $500,000 |
$66,000 | $201,000 |
| Application Withdrawn By Applicant |
23 | $2,852,000 |
$124,000 | $198,000 |
$50,000 | $109,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
533 | $66,750,000 |
$117,333 | $938,000 |
$90,000 | $562,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
15 | $2,417,000 |
$161,000 | $500,000 |
$65,000 | $104,000 |
| Credit Application Incomplete |
2 | $191,000 |
$95,000 | $112,000 |
$80,000 | $101,000 |
| Credit History |
15 | $1,553,000 |
$103,000 | $190,000 |
$54,000 | $112,000 |
| Debt-To-Income Ratio |
16 | $2,186,000 |
$136,000 | $268,000 |
$55,000 | $201,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $176,000 |
$176,000 | $176,000 |
$70,000 | $70,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $285,000 |
$285,000 | $285,000 |
$148,000 | $148,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for PUTNAM SAVINGS BANK by:
Metropolitan Area And
County
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