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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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STURDY SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
STURDY SAVINGS BANK |
| Address | 506 S. MAIN STREET
CAPE MAY COURT HOUSE, NJ 08210 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 120 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $27,887,000 |
| Average Mortgage Loan Amount Applied For | $232,000 |
| Highest Mortgage Loan Amount Applied For | $3,080,000 |
| Average Applicant Income | $107,000 |
| Highest Applicant Income | $1,273,000 |
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| Home Improvement |
43 | $2,774,000 |
$64,000 | $250,000 |
$82,000 | $483,000 |
| Home Purchase |
26 | $15,871,000 |
$610,000 | $3,080,000 |
$201,000 | $1,196,000 |
| Refinancing |
51 | $9,242,000 |
$181,000 | $1,300,000 |
$79,000 | $1,273,000 |
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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 |
1 | $10,000 |
$10,000 | $10,000 |
$39,000 | $39,000 |
| Hispanic |
2 | $180,000 |
$90,000 | $150,000 |
$43,000 | $66,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $48,000 |
$48,000 | $48,000 |
$21,000 | $21,000 |
| Not applicable |
6 | $2,351,000 |
$391,000 | $750,000 |
$0 | $0 |
| Not Provided |
17 | $7,910,000 |
$465,000 | $1,300,000 |
$220,000 | $1,273,000 |
| White |
93 | $17,388,000 |
$186,000 | $3,080,000 |
$96,000 | $1,196,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
120 | $27,887,000 |
$232,000 | $3,080,000 |
$107,000 | $1,273,000 |
| 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 |
4 | $1,953,000 |
$488,000 | $750,000 |
$199,000 | $403,000 |
| Application Denied By Financial Institution |
15 | $2,108,000 |
$140,000 | $700,000 |
$94,000 | $494,000 |
| Application Withdrawn By Applicant |
5 | $1,593,000 |
$318,000 | $1,000,000 |
$0 | $4,000 |
| File Closed For Incompleteness |
2 | $570,000 |
$285,000 | $320,000 |
$58,000 | $117,000 |
| Loan Originated |
94 | $21,663,000 |
$230,000 | $3,080,000 |
$111,000 | $1,273,000 |
| 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 |
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 STURDY SAVINGS BANK by:
Metropolitan Area And
County
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