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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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STONEHAMBANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
STONEHAMBANK |
| Address | 80 MONTVALE AVENUE
STONEHAM, MA 02180 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 393 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $89,065,000 |
| Average Mortgage Loan Amount Applied For | $225,153 |
| Highest Mortgage Loan Amount Applied For | $900,000 |
| Average Applicant Income | $93,153 |
| Highest Applicant Income | $522,000 |
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| Home Improvement |
22 | $769,000 |
$34,000 | $80,000 |
$88,000 | $151,000 |
| Home Purchase |
215 | $47,795,000 |
$222,000 | $650,000 |
$85,000 | $353,000 |
| Refinancing |
182 | $46,320,000 |
$254,000 | $900,000 |
$82,000 | $522,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
14 | $3,009,000 |
$214,000 | $415,000 |
$87,000 | $150,000 |
| Black or African American |
7 | $2,039,000 |
$291,000 | $480,000 |
$42,000 | $141,000 |
| Hispanic |
11 | $2,936,000 |
$266,000 | $900,000 |
$95,000 | $206,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $470,000 |
$156,000 | $245,000 |
$120,000 | $146,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
10 | $2,248,000 |
$224,000 | $650,000 |
$89,000 | $180,000 |
| White |
374 | $84,182,000 |
$225,000 | $900,000 |
$84,000 | $522,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
416 | $93,933,000 |
$225,000 | $900,000 |
$84,000 | $522,000 |
| FHA-insured (Federal Housing Administration) |
3 | $951,000 |
$317,000 | $363,000 |
$89,000 | $119,000 |
| 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 |
43 | $10,438,000 |
$242,000 | $900,000 |
$95,000 | $239,000 |
| Application Denied By Financial Institution |
30 | $8,302,000 |
$276,000 | $600,000 |
$65,000 | $120,000 |
| Application Withdrawn By Applicant |
13 | $3,578,000 |
$275,000 | $900,000 |
$100,000 | $206,000 |
| File Closed For Incompleteness |
1 | $285,000 |
$285,000 | $285,000 |
$67,000 | $67,000 |
| Loan Originated |
306 | $66,462,000 |
$217,000 | $788,000 |
$87,000 | $522,000 |
| 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 |
26 | $5,819,000 |
$223,000 | $499,000 |
$51,000 | $141,000 |
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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 STONEHAMBANK by:
Metropolitan Area And
County
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