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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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THE RICHLAND TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE RICHLAND TRUST COMPANY |
| Address | 3 N MAIN STREET
MANSFIELD, OH 44902 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 352 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $32,099,000 |
| Average Mortgage Loan Amount Applied For | $120,400 |
| Highest Mortgage Loan Amount Applied For | $695,000 |
| Average Applicant Income | $65,900 |
| Highest Applicant Income | $609,000 |
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| Home Improvement |
84 | $2,587,000 |
$30,000 | $225,000 |
$39,000 | $92,000 |
| Home Purchase |
124 | $14,642,000 |
$118,000 | $695,000 |
$58,000 | $465,000 |
| Refinancing |
146 | $14,887,000 |
$101,000 | $344,000 |
$64,000 | $609,000 |
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| American Indian or Alaskan Native |
1 | $4,000 |
$4,000 | $4,000 |
$26,000 | $26,000 |
| Asian |
3 | $420,000 |
$140,000 | $200,000 |
$64,000 | $70,000 |
| Black or African American |
18 | $1,287,000 |
$71,000 | $244,000 |
$43,000 | $114,000 |
| Hispanic |
2 | $190,000 |
$95,000 | $105,000 |
$59,000 | $66,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $631,000 |
$315,000 | $463,000 |
$56,000 | $113,000 |
| Not Provided |
20 | $2,026,000 |
$101,000 | $344,000 |
$62,000 | $280,000 |
| White |
308 | $27,558,000 |
$89,000 | $695,000 |
$57,000 | $609,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
354 | $32,116,000 |
$90,000 | $695,000 |
$56,000 | $609,000 |
| 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 |
16 | $1,593,000 |
$99,000 | $297,000 |
$64,000 | $280,000 |
| Application Denied By Financial Institution |
144 | $11,599,000 |
$80,000 | $425,000 |
$43,000 | $128,000 |
| Application Withdrawn By Applicant |
6 | $665,000 |
$110,000 | $344,000 |
$48,000 | $80,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
188 | $18,259,000 |
$97,000 | $695,000 |
$66,000 | $609,000 |
| 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 |
11 | $747,000 |
$67,000 | $180,000 |
$48,000 | $109,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
87 | $6,241,000 |
$71,000 | $275,000 |
$41,000 | $128,000 |
| Debt-To-Income Ratio |
33 | $3,529,000 |
$106,000 | $425,000 |
$42,000 | $124,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $320,000 |
$106,000 | $115,000 |
$49,000 | $57,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
9 | $649,000 |
$72,000 | $118,000 |
$52,000 | $75,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE RICHLAND TRUST COMPANY by:
Metropolitan Area And
County
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