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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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ROCKLAND TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
ROCKLAND TRUST COMPANY |
| Address | 288 UNION STREET
ROCKLAND, MA 02370 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,189 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $338,616,000 |
| Average Mortgage Loan Amount Applied For | $215,772 |
| Highest Mortgage Loan Amount Applied For | $3,075,000 |
| Average Applicant Income | $104,590 |
| Highest Applicant Income | $2,716,000 |
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| Home Improvement |
504 | $25,770,000 |
$51,000 | $480,000 |
$81,000 | $360,000 |
| Home Purchase |
425 | $107,098,000 |
$251,000 | $3,075,000 |
$96,000 | $2,716,000 |
| Refinancing |
1,267 | $207,180,000 |
$163,000 | $2,170,000 |
$89,000 | $1,522,000 |
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| American Indian or Alaskan Native |
6 | $603,000 |
$100,000 | $180,000 |
$76,000 | $122,000 |
| Asian |
21 | $3,068,000 |
$146,000 | $431,000 |
$69,000 | $296,000 |
| Black or African American |
72 | $11,365,000 |
$157,000 | $495,000 |
$60,000 | $206,000 |
| Hispanic |
35 | $4,494,000 |
$128,000 | $420,000 |
$74,000 | $329,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $492,000 |
$82,000 | $153,000 |
$56,000 | $81,000 |
| Not applicable |
29 | $16,159,000 |
$557,000 | $3,075,000 |
$0 | $0 |
| Not Provided |
18 | $2,963,000 |
$164,000 | $836,000 |
$90,000 | $600,000 |
| White |
2,009 | $300,904,000 |
$149,000 | $3,000,000 |
$91,000 | $2,716,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,196 | $340,048,000 |
$154,000 | $3,075,000 |
$88,000 | $2,716,000 |
| 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 |
122 | $13,548,000 |
$111,000 | $520,000 |
$89,000 | $600,000 |
| Application Denied By Financial Institution |
327 | $37,284,000 |
$114,000 | $1,000,000 |
$72,000 | $997,000 |
| Application Withdrawn By Applicant |
103 | $24,723,000 |
$240,000 | $3,000,000 |
$111,000 | $2,388,000 |
| File Closed For Incompleteness |
69 | $7,521,000 |
$109,000 | $1,000,000 |
$87,000 | $313,000 |
| Loan Originated |
1,568 | $255,540,000 |
$162,000 | $3,075,000 |
$91,000 | $2,716,000 |
| 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 |
7 | $1,432,000 |
$204,000 | $495,000 |
$49,000 | $65,000 |
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| 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 |
1 | $150,000 |
$150,000 | $150,000 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $836,000 |
$836,000 | $836,000 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $1,426,000 |
$713,000 | $917,000 |
$35,000 | $35,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for ROCKLAND TRUST COMPANY by:
Metropolitan Area And
County
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