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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 BANK OF CANTON
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE BANK OF CANTON |
| Address | 490 TURNPIKE STREET
CANTON, MA 02021 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,083 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $286,129,000 |
| Average Mortgage Loan Amount Applied For | $316,913 |
| Highest Mortgage Loan Amount Applied For | $4,200,000 |
| Average Applicant Income | $139,391 |
| Highest Applicant Income | $1,448,000 |
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| Home Improvement |
191 | $34,168,000 |
$178,000 | $2,300,000 |
$107,000 | $938,000 |
| Home Purchase |
585 | $169,727,000 |
$290,000 | $4,200,000 |
$95,000 | $1,448,000 |
| Refinancing |
311 | $82,664,000 |
$265,000 | $1,850,000 |
$108,000 | $938,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
168 | $39,756,000 |
$236,000 | $1,360,000 |
$76,000 | $348,000 |
| Black or African American |
24 | $5,704,000 |
$237,000 | $950,000 |
$101,000 | $457,000 |
| Hispanic |
12 | $3,547,000 |
$295,000 | $650,000 |
$112,000 | $333,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
39 | $38,564,000 |
$988,000 | $4,200,000 |
$0 | $0 |
| Not Provided |
54 | $9,407,000 |
$174,000 | $912,000 |
$111,000 | $663,000 |
| White |
790 | $189,581,000 |
$239,000 | $3,200,000 |
$111,000 | $1,448,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,087 | $286,559,000 |
$263,000 | $4,200,000 |
$101,000 | $1,448,000 |
| 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 |
47 | $14,155,000 |
$301,000 | $1,450,000 |
$112,000 | $479,000 |
| Application Denied By Financial Institution |
123 | $25,511,000 |
$207,000 | $912,000 |
$84,000 | $379,000 |
| Application Withdrawn By Applicant |
87 | $27,553,000 |
$316,000 | $1,850,000 |
$110,000 | $625,000 |
| File Closed For Incompleteness |
54 | $17,438,000 |
$322,000 | $1,375,000 |
$112,000 | $663,000 |
| Loan Originated |
772 | $201,472,000 |
$260,000 | $4,200,000 |
$102,000 | $1,448,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $5,000 |
$5,000 | $5,000 |
$44,000 | $44,000 |
| Preapproval Denied by Financial Institution |
3 | $425,000 |
$141,000 | $225,000 |
$61,000 | $85,000 |
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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 THE BANK OF CANTON by:
Metropolitan Area And
County
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