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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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SLADE'S FERRY TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
SLADE'S FERRY TRUST COMPANY |
| Address | 100 SLADE'S FERRY AVENUE
SOMERSET, MA 02726 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 384 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $47,150,000 |
| Average Mortgage Loan Amount Applied For | $194,600 |
| Highest Mortgage Loan Amount Applied For | $919,000 |
| Average Applicant Income | $91,800 |
| Highest Applicant Income | $884,000 |
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| Home Improvement |
152 | $9,105,000 |
$59,000 | $310,000 |
$78,000 | $552,000 |
| Home Purchase |
72 | $19,019,000 |
$264,000 | $919,000 |
$74,000 | $884,000 |
| Refinancing |
160 | $19,026,000 |
$118,000 | $900,000 |
$71,000 | $383,000 |
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| American Indian or Alaskan Native |
3 | $342,000 |
$114,000 | $175,000 |
$105,000 | $193,000 |
| Asian |
5 | $535,000 |
$107,000 | $115,000 |
$98,000 | $113,000 |
| Black or African American |
2 | $72,000 |
$36,000 | $47,000 |
$54,000 | $68,000 |
| Hispanic |
4 | $328,000 |
$82,000 | $215,000 |
$93,000 | $104,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
28 | $9,065,000 |
$323,000 | $777,000 |
$1,000 | $40,000 |
| Not Provided |
3 | $1,224,000 |
$408,000 | $919,000 |
$75,000 | $167,000 |
| White |
339 | $35,584,000 |
$104,000 | $900,000 |
$80,000 | $884,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
384 | $47,150,000 |
$122,000 | $919,000 |
$74,000 | $884,000 |
| 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 |
20 | $6,131,000 |
$306,000 | $919,000 |
$15,000 | $167,000 |
| Application Denied By Financial Institution |
98 | $11,832,000 |
$120,000 | $777,000 |
$65,000 | $163,000 |
| Application Withdrawn By Applicant |
23 | $3,168,000 |
$137,000 | $440,000 |
$50,000 | $104,000 |
| File Closed For Incompleteness |
4 | $468,000 |
$117,000 | $300,000 |
$76,000 | $154,000 |
| Loan Originated |
238 | $25,547,000 |
$107,000 | $900,000 |
$86,000 | $884,000 |
| Loan Purchased By The Institution |
1 | $4,000 |
$4,000 | $4,000 |
$40,000 | $40,000 |
| 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 |
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 |
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Mortgage Loan App Totals for SLADE'S FERRY TRUST COMPANY by:
Metropolitan Area And
County
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