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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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SOUND FEDERAL SAVINGS
Mortgage Loans and Application Details
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| Mortgage Company Name |
SOUND FEDERAL SAVINGS |
| Address | 1311 MAMARONECK AVENUE, SUITE 190
WHITE PLAINS, NY 10605 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 463 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $212,598,000 |
| Average Mortgage Loan Amount Applied For | $325,444 |
| Highest Mortgage Loan Amount Applied For | $2,300,000 |
| Average Applicant Income | $118,444 |
| Highest Applicant Income | $2,996,000 |
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| Home Improvement |
1 | $800,000 |
$800,000 | $800,000 |
$848,000 | $848,000 |
| Home Purchase |
241 | $119,891,000 |
$475,500 | $2,300,000 |
$146,000 | $2,996,000 |
| Refinancing |
221 | $91,907,000 |
$405,500 | $2,100,000 |
$113,500 | $1,487,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
21 | $9,818,000 |
$388,500 | $1,281,000 |
$129,500 | $459,000 |
| Black or African American |
13 | $3,817,000 |
$274,000 | $615,000 |
$78,500 | $266,000 |
| Hispanic |
19 | $8,186,000 |
$417,500 | $900,000 |
$111,500 | $263,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $432,000 |
$432,000 | $432,000 |
$173,000 | $173,000 |
| Not applicable |
17 | $4,515,000 |
$260,000 | $584,000 |
$46,000 | $293,000 |
| Not Provided |
2 | $455,000 |
$227,500 | $305,000 |
$169,500 | $259,000 |
| White |
390 | $185,375,000 |
$460,000 | $2,300,000 |
$182,000 | $2,996,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
463 | $212,598,000 |
$443,500 | $2,300,000 |
$145,000 | $2,996,000 |
| 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 |
2 | $2,440,000 |
$1,220,000 | $2,040,000 |
$423,000 | $742,000 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
26 | $14,969,000 |
$511,000 | $1,500,000 |
$136,000 | $446,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
423 | $192,722,000 |
$442,500 | $2,300,000 |
$147,000 | $2,996,000 |
| Loan Purchased By The Institution |
12 | $2,467,000 |
$205,000 | $296,000 |
$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 |
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 SOUND FEDERAL SAVINGS by:
Metropolitan Area And
County
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