|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
RIVER BANK F/K/A LAWRENCE SAV
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
RIVER BANK F/K/A LAWRENCE SAV |
| Address | 30 MASS AVENUE
NORTH ANDOVER, MA 01845 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 253 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $41,160,000 |
| Average Mortgage Loan Amount Applied For | $373,400 |
| Highest Mortgage Loan Amount Applied For | $2,750,000 |
| Average Applicant Income | $90,800 |
| Highest Applicant Income | $429,000 |
|
|
|
| Home Improvement |
93 | $5,215,000 |
$56,000 | $270,000 |
$89,000 | $322,000 |
| Home Purchase |
53 | $14,444,000 |
$272,000 | $1,800,000 |
$79,000 | $207,000 |
| Refinancing |
107 | $21,501,000 |
$200,000 | $2,750,000 |
$82,000 | $429,000 |
|
|
| American Indian or Alaskan Native |
1 | $15,000 |
$15,000 | $15,000 |
$18,000 | $18,000 |
| Asian |
3 | $323,000 |
$107,000 | $180,000 |
$63,000 | $76,000 |
| Black or African American |
6 | $649,000 |
$108,000 | $288,000 |
$63,000 | $204,000 |
| Hispanic |
13 | $1,881,000 |
$144,000 | $360,000 |
$37,000 | $93,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $100,000 |
$100,000 | $100,000 |
$193,000 | $193,000 |
| Not applicable |
11 | $8,985,000 |
$816,000 | $2,750,000 |
$41,000 | $150,000 |
| Not Provided |
6 | $674,000 |
$112,000 | $224,000 |
$133,000 | $322,000 |
| White |
212 | $28,533,000 |
$134,000 | $605,000 |
$88,000 | $429,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
253 | $41,160,000 |
$162,000 | $2,750,000 |
$84,000 | $429,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
6 | $5,308,000 |
$884,000 | $2,750,000 |
$94,000 | $203,000 |
| Application Denied By Financial Institution |
22 | $3,082,000 |
$140,000 | $390,000 |
$47,000 | $180,000 |
| Application Withdrawn By Applicant |
4 | $712,000 |
$178,000 | $306,000 |
$82,000 | $112,000 |
| File Closed For Incompleteness |
3 | $1,050,000 |
$350,000 | $400,000 |
$159,000 | $203,000 |
| Loan Originated |
218 | $31,008,000 |
$142,000 | $1,800,000 |
$86,000 | $429,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
|
Mortgage Loan App Totals for RIVER BANK F/K/A LAWRENCE SAV by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
