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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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STAR FINANCIAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
STAR FINANCIAL BANK |
| Address | 127 W BERRY ST
FORT WAYNE, IN 46835 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,174 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $174,323,000 |
| Average Mortgage Loan Amount Applied For | $115,934 |
| Highest Mortgage Loan Amount Applied For | $805,000 |
| Average Applicant Income | $76,171 |
| Highest Applicant Income | $1,207,000 |
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| Home Improvement |
327 | $6,872,000 |
$21,000 | $246,000 |
$56,000 | $600,000 |
| Home Purchase |
1,245 | $126,123,000 |
$101,000 | $1,448,000 |
$59,000 | $700,000 |
| Refinancing |
864 | $69,931,000 |
$80,000 | $805,000 |
$71,000 | $1,207,000 |
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| American Indian or Alaskan Native |
4 | $476,000 |
$119,000 | $401,000 |
$142,000 | $435,000 |
| Asian |
27 | $3,390,000 |
$125,000 | $644,000 |
$128,000 | $700,000 |
| Black or African American |
49 | $3,828,000 |
$78,000 | $356,000 |
$69,000 | $384,000 |
| Hispanic |
41 | $3,194,000 |
$77,000 | $627,000 |
$43,000 | $118,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $264,000 |
$132,000 | $150,000 |
$250,000 | $435,000 |
| Not applicable |
7 | $452,000 |
$64,000 | $120,000 |
$430,000 | $1,207,000 |
| Not Provided |
242 | $9,151,000 |
$37,000 | $285,000 |
$66,000 | $350,000 |
| White |
2,064 | $182,171,000 |
$88,000 | $1,448,000 |
$61,000 | $660,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,434 | $202,725,000 |
$83,000 | $1,448,000 |
$63,000 | $1,207,000 |
| FHA-insured (Federal Housing Administration) |
2 | $201,000 |
$100,000 | $120,000 |
$41,000 | $50,000 |
| 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 |
251 | $27,303,000 |
$108,000 | $630,000 |
$59,000 | $455,000 |
| Application Denied By Financial Institution |
381 | $18,234,000 |
$47,000 | $640,000 |
$51,000 | $435,000 |
| Application Withdrawn By Applicant |
100 | $10,801,000 |
$108,000 | $800,000 |
$65,000 | $410,000 |
| File Closed For Incompleteness |
9 | $890,000 |
$98,000 | $145,000 |
$29,000 | $77,000 |
| Loan Originated |
1,440 | $118,035,000 |
$81,000 | $805,000 |
$69,000 | $1,207,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
154 | $17,691,000 |
$114,000 | $644,000 |
$60,000 | $700,000 |
| Preapproval Denied by Financial Institution |
101 | $9,972,000 |
$98,000 | $1,448,000 |
$41,000 | $360,000 |
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| Collateral |
21 | $1,207,000 |
$57,000 | $165,000 |
$61,000 | $435,000 |
| Credit Application Incomplete |
1 | $73,000 |
$73,000 | $73,000 |
$36,000 | $36,000 |
| Credit History |
166 | $14,364,000 |
$86,000 | $640,000 |
$48,000 | $231,000 |
| Debt-To-Income Ratio |
72 | $4,763,000 |
$66,000 | $350,000 |
$42,000 | $250,000 |
| Employment History |
3 | $261,000 |
$87,000 | $126,000 |
$42,000 | $83,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
6 | $387,000 |
$64,000 | $122,000 |
$30,000 | $46,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
213 | $7,151,000 |
$33,000 | $1,448,000 |
$52,000 | $360,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for STAR FINANCIAL BANK by:
Metropolitan Area And
County
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