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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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SALIN BANK & TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
SALIN BANK & TRUST COMPANY |
| Address | 8455 KEYSTONE CROSSING DRIVE
INDIANAPOLIS, IN 46240 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 462 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $47,285,000 |
| Average Mortgage Loan Amount Applied For | $123,809 |
| Highest Mortgage Loan Amount Applied For | $1,850,000 |
| Average Applicant Income | $79,952 |
| Highest Applicant Income | $1,487,000 |
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| Home Improvement |
45 | $1,494,000 |
$33,000 | $215,000 |
$51,000 | $155,000 |
| Home Purchase |
325 | $39,382,000 |
$121,000 | $1,850,000 |
$70,000 | $1,487,000 |
| Refinancing |
243 | $22,842,000 |
$94,000 | $1,000,000 |
$68,000 | $544,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
5 | $1,497,000 |
$299,000 | $1,000,000 |
$165,000 | $544,000 |
| Black or African American |
11 | $942,000 |
$85,000 | $192,000 |
$69,000 | $161,000 |
| Hispanic |
17 | $1,887,000 |
$111,000 | $630,000 |
$44,000 | $348,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $19,000 |
$19,000 | $19,000 |
$70,000 | $70,000 |
| Not applicable |
4 | $1,171,000 |
$292,000 | $336,000 |
$0 | $0 |
| Not Provided |
16 | $1,225,000 |
$76,000 | $250,000 |
$47,000 | $121,000 |
| White |
559 | $56,977,000 |
$101,000 | $1,850,000 |
$69,000 | $1,487,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
599 | $62,488,000 |
$104,000 | $1,850,000 |
$68,000 | $1,487,000 |
| FHA-insured (Federal Housing Administration) |
11 | $1,096,000 |
$99,000 | $192,000 |
$43,000 | $74,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3 | $134,000 |
$44,000 | $80,000 |
$33,000 | $41,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
84 | $8,740,000 |
$104,000 | $1,000,000 |
$78,000 | $544,000 |
| Application Denied By Financial Institution |
99 | $6,849,000 |
$69,000 | $313,000 |
$49,000 | $215,000 |
| Application Withdrawn By Applicant |
8 | $1,317,000 |
$164,000 | $417,000 |
$153,000 | $221,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
271 | $30,379,000 |
$112,000 | $1,850,000 |
$77,000 | $1,487,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
85 | $10,150,000 |
$119,000 | $400,000 |
$60,000 | $540,000 |
| Preapproval Denied by Financial Institution |
66 | $6,283,000 |
$95,000 | $581,000 |
$44,000 | $254,000 |
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| Collateral |
13 | $920,000 |
$70,000 | $295,000 |
$56,000 | $79,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
111 | $8,507,000 |
$76,000 | $581,000 |
$48,000 | $254,000 |
| Debt-To-Income Ratio |
35 | $2,824,000 |
$80,000 | $285,000 |
$36,000 | $68,000 |
| Employment History |
1 | $260,000 |
$260,000 | $260,000 |
$60,000 | $60,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $100,000 |
$100,000 | $100,000 |
$72,000 | $72,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $48,000 |
$48,000 | $48,000 |
$74,000 | $74,000 |
| Unverifiable Information |
3 | $473,000 |
$157,000 | $313,000 |
$90,000 | $161,000 |
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Mortgage Loan App Totals for SALIN BANK & TRUST COMPANY by:
Metropolitan Area And
County
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