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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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THE APPLE VALLEY BANK & TRUST
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE APPLE VALLEY BANK & TRUST |
| Address | 286 MAPLE AVENUE
CHESHIRE, CT 06410 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 28 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,608,000 |
| Average Mortgage Loan Amount Applied For | $199,666 |
| Highest Mortgage Loan Amount Applied For | $472,000 |
| Average Applicant Income | $90,000 |
| Highest Applicant Income | $469,000 |
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| Home Improvement |
3 | $98,000 |
$32,000 | $50,000 |
$100,000 | $128,000 |
| Home Purchase |
18 | $4,400,000 |
$244,000 | $472,000 |
$107,000 | $469,000 |
| Refinancing |
7 | $1,110,000 |
$158,000 | $342,000 |
$105,000 | $149,000 |
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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 | $290,000 |
$290,000 | $290,000 |
$70,000 | $70,000 |
| Hispanic |
3 | $658,000 |
$219,000 | $380,000 |
$131,000 | $233,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $211,000 |
$211,000 | $211,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
23 | $4,449,000 |
$193,000 | $472,000 |
$109,000 | $469,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
28 | $5,608,000 |
$200,000 | $472,000 |
$106,000 | $469,000 |
| 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 |
3 | $625,000 |
$208,000 | $455,000 |
$79,000 | $121,000 |
| Application Denied By Financial Institution |
4 | $1,145,000 |
$286,000 | $360,000 |
$40,000 | $70,000 |
| Application Withdrawn By Applicant |
2 | $355,000 |
$177,000 | $195,000 |
$133,000 | $207,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
19 | $3,483,000 |
$183,000 | $472,000 |
$121,000 | $469,000 |
| 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 |
1 | $290,000 |
$290,000 | $290,000 |
$70,000 | $70,000 |
| Debt-To-Income Ratio |
3 | $855,000 |
$285,000 | $360,000 |
$30,000 | $53,000 |
| 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 THE APPLE VALLEY BANK & TRUST by:
Metropolitan Area And
County
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