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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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SECOND FEDERAL SAVINGS & LOAN
Mortgage Loans and Application Details
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| Mortgage Company Name |
SECOND FEDERAL SAVINGS & LOAN |
| Address | 4811 W. CERMAK RD.
CICERO, IL 60804 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 269 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $51,464,000 |
| Average Mortgage Loan Amount Applied For | $142,750 |
| Highest Mortgage Loan Amount Applied For | $1,219,000 |
| Average Applicant Income | $46,000 |
| Highest Applicant Income | $536,000 |
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| Home Improvement |
8 | $1,347,000 |
$168,000 | $283,000 |
$69,000 | $128,000 |
| Home Purchase |
115 | $23,201,000 |
$201,000 | $600,000 |
$65,000 | $420,000 |
| Refinancing |
150 | $27,707,000 |
$184,000 | $1,219,000 |
$63,000 | $536,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
3 | $448,000 |
$149,000 | $200,000 |
$47,000 | $88,000 |
| Hispanic |
262 | $49,545,000 |
$189,000 | $600,000 |
$65,000 | $536,000 |
| 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 |
8 | $2,262,000 |
$282,000 | $1,219,000 |
$49,000 | $128,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
273 | $52,255,000 |
$191,000 | $1,219,000 |
$64,000 | $536,000 |
| 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 |
12 | $2,281,000 |
$190,000 | $276,000 |
$99,000 | $420,000 |
| Application Denied By Financial Institution |
18 | $3,904,000 |
$216,000 | $600,000 |
$67,000 | $320,000 |
| Application Withdrawn By Applicant |
20 | $4,208,000 |
$210,000 | $361,000 |
$66,000 | $148,000 |
| File Closed For Incompleteness |
3 | $475,000 |
$158,000 | $295,000 |
$101,000 | $178,000 |
| Loan Originated |
219 | $41,237,000 |
$188,000 | $1,219,000 |
$61,000 | $536,000 |
| 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 |
1 | $150,000 |
$150,000 | $150,000 |
$19,000 | $19,000 |
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| Collateral |
3 | $549,000 |
$183,000 | $230,000 |
$46,000 | $50,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $1,293,000 |
$215,000 | $410,000 |
$58,000 | $145,000 |
| Debt-To-Income Ratio |
2 | $837,000 |
$418,000 | $600,000 |
$186,000 | $320,000 |
| Employment History |
1 | $163,000 |
$163,000 | $163,000 |
$50,000 | $50,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $244,000 |
$244,000 | $244,000 |
$26,000 | $26,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $795,000 |
$159,000 | $237,000 |
$51,000 | $75,000 |
| Unverifiable Information |
1 | $173,000 |
$173,000 | $173,000 |
$48,000 | $48,000 |
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Mortgage Loan App Totals for SECOND FEDERAL SAVINGS & LOAN by:
Metropolitan Area And
County
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