|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
TIMBERWOOD BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
TIMBERWOOD BANK |
| Address | 102 EAST VETERANS STREET
TOMAH, WI 54660 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 215 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $23,852,000 |
| Average Mortgage Loan Amount Applied For | $197,833 |
| Highest Mortgage Loan Amount Applied For | $1,080,000 |
| Average Applicant Income | $55,333 |
| Highest Applicant Income | $216,000 |
|
|
|
| Home Improvement |
25 | $1,369,000 |
$54,000 | $320,000 |
$63,000 | $138,000 |
| Home Purchase |
100 | $11,204,000 |
$112,000 | $1,080,000 |
$52,000 | $216,000 |
| Refinancing |
90 | $11,279,000 |
$125,000 | $900,000 |
$57,000 | $190,000 |
|
|
| American Indian or Alaskan Native |
5 | $221,000 |
$44,000 | $70,000 |
$79,000 | $125,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $95,000 |
$95,000 | $95,000 |
$62,000 | $62,000 |
| Hispanic |
3 | $249,000 |
$83,000 | $125,000 |
$48,000 | $68,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
10 | $3,220,000 |
$322,000 | $1,080,000 |
$5,000 | $50,000 |
| Not Provided |
3 | $386,000 |
$128,000 | $176,000 |
$97,000 | $216,000 |
| White |
193 | $19,681,000 |
$101,000 | $900,000 |
$57,000 | $190,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
213 | $23,696,000 |
$111,000 | $1,080,000 |
$56,000 | $216,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $156,000 |
$78,000 | $109,000 |
$39,000 | $47,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Application Approved But Not Accepted |
9 | $756,000 |
$84,000 | $150,000 |
$58,000 | $80,000 |
| Application Denied By Financial Institution |
34 | $3,362,000 |
$98,000 | $320,000 |
$43,000 | $216,000 |
| Application Withdrawn By Applicant |
25 | $2,927,000 |
$117,000 | $285,000 |
$57,000 | $138,000 |
| File Closed For Incompleteness |
2 | $264,000 |
$132,000 | $134,000 |
$32,000 | $34,000 |
| Loan Originated |
145 | $16,543,000 |
$114,000 | $1,080,000 |
$58,000 | $190,000 |
| 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 |
4 | $356,000 |
$89,000 | $199,000 |
$37,000 | $59,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
19 | $1,548,000 |
$81,000 | $220,000 |
$47,000 | $216,000 |
| Debt-To-Income Ratio |
9 | $1,355,000 |
$150,000 | $320,000 |
$43,000 | $88,000 |
| Employment History |
2 | $103,000 |
$51,000 | $85,000 |
$21,000 | $22,000 |
| 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 |
|
Mortgage Loan App Totals for TIMBERWOOD BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
