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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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ULSTER SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
ULSTER SAVINGS BANK |
| Address | 180 SCHWENK DRIVE
KINGSTON, NY 12401 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,329 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $247,072,000 |
| Average Mortgage Loan Amount Applied For | $211,851 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $109,370 |
| Highest Applicant Income | $2,076,000 |
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| Home Improvement |
344 | $17,536,000 |
$50,000 | $1,060,000 |
$79,000 | $481,000 |
| Home Purchase |
708 | $178,007,000 |
$251,000 | $3,000,000 |
$107,000 | $2,076,000 |
| Refinancing |
277 | $51,529,000 |
$186,000 | $750,000 |
$76,000 | $995,000 |
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| American Indian or Alaskan Native |
1 | $517,000 |
$517,000 | $517,000 |
$995,000 | $995,000 |
| Asian |
14 | $5,376,000 |
$384,000 | $1,250,000 |
$201,000 | $800,000 |
| Black or African American |
29 | $5,289,000 |
$182,000 | $528,000 |
$90,000 | $464,000 |
| Hispanic |
52 | $9,888,000 |
$190,000 | $750,000 |
$75,000 | $359,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
13 | $3,794,000 |
$291,000 | $1,095,000 |
$32,000 | $420,000 |
| Not Provided |
235 | $38,583,000 |
$164,000 | $1,000,000 |
$99,000 | $800,000 |
| White |
985 | $183,625,000 |
$186,000 | $3,000,000 |
$91,000 | $2,076,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,325 | $246,504,000 |
$186,000 | $3,000,000 |
$93,000 | $2,076,000 |
| FHA-insured (Federal Housing Administration) |
4 | $568,000 |
$142,000 | $170,000 |
$67,000 | $88,000 |
| 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 |
89 | $23,789,000 |
$267,000 | $1,161,000 |
$102,000 | $456,000 |
| Application Denied By Financial Institution |
91 | $14,034,000 |
$154,000 | $550,000 |
$65,000 | $215,000 |
| Application Withdrawn By Applicant |
76 | $23,989,000 |
$315,000 | $3,000,000 |
$117,000 | $2,076,000 |
| File Closed For Incompleteness |
12 | $1,941,000 |
$161,000 | $600,000 |
$104,000 | $232,000 |
| Loan Originated |
1,054 | $181,040,000 |
$171,000 | $1,299,000 |
$92,000 | $995,000 |
| Loan Purchased By The Institution |
7 | $2,279,000 |
$325,000 | $820,000 |
$188,000 | $464,000 |
| 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 |
37 | $6,785,000 |
$183,000 | $550,000 |
$80,000 | $215,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
16 | $2,103,000 |
$131,000 | $530,000 |
$57,000 | $213,000 |
| Debt-To-Income Ratio |
18 | $2,407,000 |
$133,000 | $436,000 |
$49,000 | $173,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $523,000 |
$130,000 | $170,000 |
$40,000 | $66,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
15 | $1,841,000 |
$122,000 | $220,000 |
$58,000 | $136,000 |
| Unverifiable Information |
1 | $375,000 |
$375,000 | $375,000 |
$115,000 | $115,000 |
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Mortgage Loan App Totals for ULSTER SAVINGS BANK by:
Metropolitan Area And
County
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