|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
THE WARWICK SAVINGS BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
THE WARWICK SAVINGS BANK |
| Address | C/O PROVIDENT BANK 400 RELLA BLVD
MONTEBELLO, NY 10901 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 228 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $27,288,000 |
| Average Mortgage Loan Amount Applied For | $155,375 |
| Highest Mortgage Loan Amount Applied For | $488,000 |
| Average Applicant Income | $102,625 |
| Highest Applicant Income | $425,000 |
|
|
|
| Home Improvement |
93 | $4,771,000 |
$51,000 | $250,000 |
$78,000 | $236,000 |
| Home Purchase |
37 | $6,683,000 |
$180,000 | $396,000 |
$87,000 | $225,000 |
| Refinancing |
98 | $15,834,000 |
$161,000 | $488,000 |
$74,000 | $425,000 |
|
|
| American Indian or Alaskan Native |
1 | $207,000 |
$207,000 | $207,000 |
$65,000 | $65,000 |
| Asian |
1 | $90,000 |
$90,000 | $90,000 |
$48,000 | $48,000 |
| Black or African American |
6 | $486,000 |
$81,000 | $130,000 |
$73,000 | $119,000 |
| Hispanic |
17 | $1,756,000 |
$103,000 | $200,000 |
$68,000 | $142,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $25,000 |
$25,000 | $25,000 |
$25,000 | $25,000 |
| Not applicable |
3 | $478,000 |
$159,000 | $250,000 |
$60,000 | $63,000 |
| Not Provided |
32 | $5,698,000 |
$178,000 | $390,000 |
$85,000 | $250,000 |
| White |
167 | $18,548,000 |
$111,000 | $488,000 |
$84,000 | $425,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
228 | $27,288,000 |
$119,000 | $488,000 |
$79,000 | $425,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
14 | $2,080,000 |
$148,000 | $380,000 |
$98,000 | $175,000 |
| Application Denied By Financial Institution |
38 | $3,901,000 |
$102,000 | $333,000 |
$64,000 | $236,000 |
| Application Withdrawn By Applicant |
10 | $1,373,000 |
$137,000 | $248,000 |
$53,000 | $111,000 |
| File Closed For Incompleteness |
1 | $86,000 |
$86,000 | $86,000 |
$50,000 | $50,000 |
| Loan Originated |
165 | $19,848,000 |
$120,000 | $488,000 |
$96,000 | $425,000 |
| 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 |
|
|
| Collateral |
9 | $1,481,000 |
$164,000 | $333,000 |
$74,000 | $224,000 |
| Credit Application Incomplete |
3 | $368,000 |
$122,000 | $160,000 |
$50,000 | $76,000 |
| Credit History |
11 | $688,000 |
$62,000 | $170,000 |
$79,000 | $236,000 |
| Debt-To-Income Ratio |
12 | $1,032,000 |
$86,000 | $200,000 |
$48,000 | $136,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $82,000 |
$41,000 | $75,000 |
$29,000 | $46,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $250,000 |
$250,000 | $250,000 |
$63,000 | $63,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for THE WARWICK SAVINGS BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
