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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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TCSB MORTGAGE COMPANY DBA TRAV
Mortgage Loans and Application Details
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| Mortgage Company Name |
TCSB MORTGAGE COMPANY DBA TRAV |
| Address | 1240 E. EIGHTH STREET
TRAVERSE CITY, MI 49686 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 36 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,116,000 |
| Average Mortgage Loan Amount Applied For | $143,600 |
| Highest Mortgage Loan Amount Applied For | $395,000 |
| Average Applicant Income | $79,000 |
| Highest Applicant Income | $358,000 |
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| Home Improvement |
7 | $297,000 |
$42,000 | $100,000 |
$95,000 | $283,000 |
| Home Purchase |
292 | $38,241,000 |
$130,000 | $395,000 |
$54,000 | $467,000 |
| Refinancing |
142 | $20,123,000 |
$141,000 | $620,000 |
$59,000 | $774,000 |
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| American Indian or Alaskan Native |
2 | $288,000 |
$144,000 | $181,000 |
$52,000 | $73,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
5 | $428,000 |
$85,000 | $113,000 |
$36,000 | $41,000 |
| Hispanic |
4 | $542,000 |
$135,000 | $180,000 |
$39,000 | $54,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $237,000 |
$118,000 | $133,000 |
$63,000 | $90,000 |
| White |
428 | $57,166,000 |
$133,000 | $620,000 |
$57,000 | $774,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
320 | $44,979,000 |
$140,000 | $620,000 |
$61,000 | $774,000 |
| FHA-insured (Federal Housing Administration) |
30 | $3,450,000 |
$115,000 | $200,000 |
$59,000 | $197,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
88 | $9,926,000 |
$112,000 | $189,000 |
$40,000 | $73,000 |
| VA-guaranteed (Veterans Administration) |
3 | $306,000 |
$102,000 | $146,000 |
$44,000 | $57,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
30 | $3,990,000 |
$133,000 | $620,000 |
$53,000 | $138,000 |
| Application Withdrawn By Applicant |
68 | $10,405,000 |
$153,000 | $400,000 |
$67,000 | $774,000 |
| File Closed For Incompleteness |
2 | $334,000 |
$167,000 | $218,000 |
$66,000 | $68,000 |
| Loan Originated |
321 | $40,877,000 |
$127,000 | $497,000 |
$54,000 | $467,000 |
| Loan Purchased By The Institution |
20 | $3,055,000 |
$152,000 | $395,000 |
$73,000 | $358,000 |
| 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 |
12 | $1,694,000 |
$141,000 | $340,000 |
$58,000 | $117,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $1,214,000 |
$173,000 | $620,000 |
$66,000 | $138,000 |
| Debt-To-Income Ratio |
2 | $267,000 |
$133,000 | $149,000 |
$47,000 | $68,000 |
| Employment History |
1 | $64,000 |
$64,000 | $64,000 |
$30,000 | $30,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $94,000 |
$94,000 | $94,000 |
$36,000 | $36,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
7 | $657,000 |
$93,000 | $180,000 |
$38,000 | $55,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for TCSB MORTGAGE COMPANY DBA TRAV by:
Metropolitan Area And
County
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