|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
RESIDENTIAL BANCORP
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
RESIDENTIAL BANCORP |
| Address | ONE BANCORP BUILDING
5686 DRESSLER RD NW, OH 44720 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 181 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $19,071,000 |
| Average Mortgage Loan Amount Applied For | $94,444 |
| Highest Mortgage Loan Amount Applied For | $340,000 |
| Average Applicant Income | $52,555 |
| Highest Applicant Income | $250,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
151 | $15,624,000 |
$103,000 | $314,000 |
$55,000 | $184,000 |
| Refinancing |
30 | $3,447,000 |
$114,000 | $340,000 |
$70,000 | $250,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $85,000 |
$85,000 | $85,000 |
$27,000 | $27,000 |
| Black or African American |
6 | $550,000 |
$91,000 | $140,000 |
$38,000 | $60,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
174 | $18,436,000 |
$105,000 | $340,000 |
$58,000 | $250,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
130 | $13,546,000 |
$104,000 | $340,000 |
$61,000 | $250,000 |
| FHA-insured (Federal Housing Administration) |
46 | $4,917,000 |
$106,000 | $213,000 |
$49,000 | $126,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
5 | $608,000 |
$121,000 | $211,000 |
$54,000 | $74,000 |
|
|
| Application Approved But Not Accepted |
6 | $936,000 |
$156,000 | $314,000 |
$65,000 | $184,000 |
| Application Denied By Financial Institution |
9 | $838,000 |
$93,000 | $222,000 |
$58,000 | $133,000 |
| Application Withdrawn By Applicant |
2 | $269,000 |
$134,000 | $140,000 |
$48,000 | $52,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
164 | $17,028,000 |
$103,000 | $340,000 |
$57,000 | $250,000 |
| 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 |
3 | $437,000 |
$145,000 | $222,000 |
$74,000 | $114,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $128,000 |
$64,000 | $86,000 |
$77,000 | $133,000 |
| Debt-To-Income Ratio |
1 | $84,000 |
$84,000 | $84,000 |
$12,000 | $12,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $53,000 |
$53,000 | $53,000 |
$29,000 | $29,000 |
| Mortgage Insurance Denied |
1 | $90,000 |
$90,000 | $90,000 |
$74,000 | $74,000 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for RESIDENTIAL BANCORP by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
