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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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TIME FEDERAL SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
TIME FEDERAL SAVINGS BANK |
| Address | 141 SOUTH WISCONSIN AVENUE
MEDFORD, WI 54451 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 446 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $49,173,000 |
| Average Mortgage Loan Amount Applied For | $158,956 |
| Highest Mortgage Loan Amount Applied For | $574,000 |
| Average Applicant Income | $109,478 |
| Highest Applicant Income | $540,000 |
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| Home Improvement |
76 | $4,840,000 |
$63,000 | $251,000 |
$65,000 | $235,000 |
| Home Purchase |
247 | $33,012,000 |
$133,000 | $574,000 |
$74,000 | $540,000 |
| Refinancing |
129 | $11,950,000 |
$92,000 | $350,000 |
$65,000 | $191,000 |
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| American Indian or Alaskan Native |
1 | $19,000 |
$19,000 | $19,000 |
$32,000 | $32,000 |
| Asian |
21 | $2,272,000 |
$108,000 | $300,000 |
$78,000 | $540,000 |
| Black or African American |
1 | $201,000 |
$201,000 | $201,000 |
$35,000 | $35,000 |
| Hispanic |
4 | $328,000 |
$82,000 | $135,000 |
$61,000 | $134,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $500,000 |
$500,000 | $500,000 |
$101,000 | $101,000 |
| Not applicable |
10 | $2,274,000 |
$227,000 | $574,000 |
$0 | $0 |
| Not Provided |
2 | $325,000 |
$162,000 | $165,000 |
$84,000 | $104,000 |
| White |
412 | $43,883,000 |
$106,000 | $400,000 |
$71,000 | $284,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
451 | $49,714,000 |
$110,000 | $574,000 |
$70,000 | $540,000 |
| 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) |
1 | $88,000 |
$88,000 | $88,000 |
$6,000 | $6,000 |
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| Application Approved But Not Accepted |
4 | $828,000 |
$207,000 | $354,000 |
$161,000 | $234,000 |
| Application Denied By Financial Institution |
31 | $4,315,000 |
$139,000 | $500,000 |
$58,000 | $117,000 |
| Application Withdrawn By Applicant |
22 | $2,771,000 |
$125,000 | $400,000 |
$59,000 | $116,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
384 | $40,782,000 |
$106,000 | $574,000 |
$71,000 | $540,000 |
| 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 |
11 | $1,106,000 |
$100,000 | $164,000 |
$48,000 | $83,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
28 | $2,967,000 |
$105,000 | $204,000 |
$57,000 | $117,000 |
| Debt-To-Income Ratio |
10 | $1,652,000 |
$165,000 | $350,000 |
$41,000 | $111,000 |
| 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 |
4 | $802,000 |
$200,000 | $500,000 |
$79,000 | $101,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for TIME FEDERAL SAVINGS BANK by:
Metropolitan Area And
County
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