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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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RIVER VALLEY FINANCIAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
RIVER VALLEY FINANCIAL BANK |
| Address | 430 CLIFTY DR
MADISON, IN 47250 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 446 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $50,420,000 |
| Average Mortgage Loan Amount Applied For | $167,375 |
| Highest Mortgage Loan Amount Applied For | $900,000 |
| Average Applicant Income | $67,062 |
| Highest Applicant Income | $904,000 |
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| Home Improvement |
104 | $3,775,000 |
$36,000 | $255,000 |
$59,000 | $237,000 |
| Home Purchase |
194 | $23,567,000 |
$121,000 | $784,000 |
$78,000 | $904,000 |
| Refinancing |
196 | $23,429,000 |
$119,000 | $900,000 |
$66,000 | $786,000 |
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| American Indian or Alaskan Native |
1 | $31,000 |
$31,000 | $31,000 |
$18,000 | $18,000 |
| Asian |
3 | $965,000 |
$321,000 | $775,000 |
$201,000 | $454,000 |
| Black or African American |
2 | $82,000 |
$41,000 | $67,000 |
$43,000 | $59,000 |
| Hispanic |
1 | $87,000 |
$87,000 | $87,000 |
$39,000 | $39,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $90,000 |
$45,000 | $65,000 |
$60,000 | $71,000 |
| Not applicable |
43 | $7,580,000 |
$176,000 | $900,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
442 | $41,936,000 |
$94,000 | $685,000 |
$75,000 | $904,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
494 | $50,771,000 |
$102,000 | $900,000 |
$69,000 | $904,000 |
| 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 |
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| Application Approved But Not Accepted |
58 | $7,258,000 |
$125,000 | $784,000 |
$67,000 | $521,000 |
| Application Denied By Financial Institution |
72 | $7,647,000 |
$106,000 | $775,000 |
$45,000 | $153,000 |
| Application Withdrawn By Applicant |
3 | $269,000 |
$89,000 | $125,000 |
$56,000 | $71,000 |
| File Closed For Incompleteness |
3 | $209,000 |
$69,000 | $77,000 |
$61,000 | $122,000 |
| Loan Originated |
358 | $35,388,000 |
$98,000 | $900,000 |
$74,000 | $904,000 |
| 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 |
6 | $546,000 |
$91,000 | $230,000 |
$52,000 | $100,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
32 | $2,374,000 |
$74,000 | $253,000 |
$48,000 | $116,000 |
| Debt-To-Income Ratio |
32 | $3,808,000 |
$119,000 | $609,000 |
$40,000 | $153,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $775,000 |
$775,000 | $775,000 |
$81,000 | $81,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $144,000 |
$144,000 | $144,000 |
$58,000 | $58,000 |
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Mortgage Loan App Totals for RIVER VALLEY FINANCIAL BANK by:
Metropolitan Area And
County
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