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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 PATAPSCO BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE PATAPSCO BANK |
| Address | 1301 MERRITT BLVD
BALTIMORE, MD 21222 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,103 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $25,578,000 |
| Average Mortgage Loan Amount Applied For | $13,428 |
| Highest Mortgage Loan Amount Applied For | $1,600,000 |
| Average Applicant Income | $81,642 |
| Highest Applicant Income | $1,133,000 |
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| Home Improvement |
1,693 | $14,978,000 |
$8,000 | $178,000 |
$75,000 | $297,000 |
| Home Purchase |
39 | $11,517,000 |
$295,000 | $1,600,000 |
$347,000 | $1,128,000 |
| Refinancing |
31 | $5,821,000 |
$187,000 | $775,000 |
$110,000 | $1,133,000 |
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| American Indian or Alaskan Native |
4 | $18,000 |
$4,000 | $7,000 |
$53,000 | $121,000 |
| Asian |
22 | $665,000 |
$30,000 | $500,000 |
$90,000 | $169,000 |
| Black or African American |
484 | $5,382,000 |
$11,000 | $895,000 |
$70,000 | $261,000 |
| Hispanic |
75 | $648,000 |
$8,000 | $24,000 |
$86,000 | $185,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $31,000 |
$7,000 | $9,000 |
$105,000 | $163,000 |
| Not applicable |
21 | $4,000,000 |
$190,000 | $725,000 |
$436,000 | $1,128,000 |
| Not Provided |
3 | $385,000 |
$128,000 | $215,000 |
$95,000 | $134,000 |
| White |
1,150 | $21,187,000 |
$18,000 | $1,600,000 |
$80,000 | $1,133,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,762 | $32,311,000 |
$18,000 | $1,600,000 |
$82,000 | $1,133,000 |
| FHA-insured (Federal Housing Administration) |
1 | $5,000 |
$5,000 | $5,000 |
$58,000 | $58,000 |
| 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 |
437 | $3,577,000 |
$8,000 | $31,000 |
$78,000 | $297,000 |
| Application Denied By Financial Institution |
304 | $3,166,000 |
$10,000 | $420,000 |
$63,000 | $188,000 |
| Application Withdrawn By Applicant |
7 | $2,728,000 |
$389,000 | $1,600,000 |
$229,000 | $1,133,000 |
| File Closed For Incompleteness |
1 | $78,000 |
$78,000 | $78,000 |
$32,000 | $32,000 |
| Loan Originated |
1,014 | $22,767,000 |
$22,000 | $1,300,000 |
$89,000 | $1,128,000 |
| 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 |
2 | $424,000 |
$212,000 | $420,000 |
$108,000 | $179,000 |
| Credit Application Incomplete |
28 | $242,000 |
$8,000 | $18,000 |
$54,000 | $180,000 |
| Credit History |
149 | $1,342,000 |
$9,000 | $50,000 |
$65,000 | $188,000 |
| Debt-To-Income Ratio |
104 | $878,000 |
$8,000 | $27,000 |
$57,000 | $139,000 |
| Employment History |
9 | $94,000 |
$10,000 | $26,000 |
$98,000 | $159,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
12 | $186,000 |
$15,000 | $25,000 |
$76,000 | $128,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE PATAPSCO BANK by:
Metropolitan Area And
County
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