|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
UNITED SECURITY SAVINGS BANK,
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
UNITED SECURITY SAVINGS BANK, |
| Address | 1211 EDGEWOOD ROAD SW
CEDAR RAPIDS, IA 52404 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 111 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,686,000 |
| Average Mortgage Loan Amount Applied For | $58,000 |
| Highest Mortgage Loan Amount Applied For | $287,000 |
| Average Applicant Income | $61,000 |
| Highest Applicant Income | $225,000 |
|
|
|
| Home Improvement |
29 | $416,000 |
$14,000 | $38,000 |
$77,000 | $225,000 |
| Home Purchase |
71 | $5,754,000 |
$81,000 | $287,000 |
$56,000 | $168,000 |
| Refinancing |
26 | $1,776,000 |
$68,000 | $170,000 |
$67,000 | $225,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
3 | $444,000 |
$148,000 | $272,000 |
$37,000 | $50,000 |
| Hispanic |
1 | $50,000 |
$50,000 | $50,000 |
$51,000 | $51,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $65,000 |
$65,000 | $65,000 |
$107,000 | $107,000 |
| Not Provided |
27 | $676,000 |
$25,000 | $141,000 |
$60,000 | $150,000 |
| White |
94 | $6,711,000 |
$71,000 | $287,000 |
$64,000 | $225,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
108 | $5,923,000 |
$54,000 | $272,000 |
$65,000 | $225,000 |
| FHA-insured (Federal Housing Administration) |
13 | $1,290,000 |
$99,000 | $161,000 |
$46,000 | $89,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
5 | $733,000 |
$146,000 | $287,000 |
$63,000 | $107,000 |
|
|
| Application Approved But Not Accepted |
1 | $76,000 |
$76,000 | $76,000 |
$53,000 | $53,000 |
| Application Denied By Financial Institution |
36 | $1,846,000 |
$51,000 | $170,000 |
$52,000 | $150,000 |
| Application Withdrawn By Applicant |
13 | $1,022,000 |
$78,000 | $287,000 |
$64,000 | $107,000 |
| File Closed For Incompleteness |
1 | $61,000 |
$61,000 | $61,000 |
$38,000 | $38,000 |
| Loan Originated |
67 | $4,057,000 |
$60,000 | $224,000 |
$72,000 | $225,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $115,000 |
$115,000 | $115,000 |
$36,000 | $36,000 |
| Preapproval Denied by Financial Institution |
7 | $769,000 |
$109,000 | $272,000 |
$35,000 | $50,000 |
|
|
| Collateral |
10 | $456,000 |
$45,000 | $125,000 |
$63,000 | $104,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
16 | $1,000,000 |
$62,000 | $170,000 |
$40,000 | $89,000 |
| Debt-To-Income Ratio |
16 | $1,093,000 |
$68,000 | $272,000 |
$52,000 | $150,000 |
| Employment History |
1 | $66,000 |
$66,000 | $66,000 |
$30,000 | $30,000 |
| 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 UNITED SECURITY SAVINGS BANK, by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
