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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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UNIVERSAL SAVINGS BANK, FA
Mortgage Loans and Application Details
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| Mortgage Company Name |
UNIVERSAL SAVINGS BANK, FA |
| Address | 754 N. 4TH STREET
MILWAUKEE, WI 53203 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 8,574 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,792,210,000 |
| Average Mortgage Loan Amount Applied For | $178,429 |
| Highest Mortgage Loan Amount Applied For | $4,300,000 |
| Average Applicant Income | $76,934 |
| Highest Applicant Income | $2,403,000 |
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| Home Improvement |
4 | $1,736,000 |
$434,000 | $900,000 |
$134,000 | $216,000 |
| Home Purchase |
4,218 | $752,608,000 |
$178,000 | $1,759,000 |
$91,000 | $2,403,000 |
| Refinancing |
4,353 | $1,038,213,000 |
$238,000 | $4,300,000 |
$89,000 | $2,292,000 |
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| American Indian or Alaskan Native |
46 | $7,978,000 |
$173,000 | $528,000 |
$93,000 | $413,000 |
| Asian |
529 | $146,958,000 |
$277,000 | $1,759,000 |
$104,000 | $434,000 |
| Black or African American |
612 | $113,411,000 |
$185,000 | $1,450,000 |
$84,000 | $1,128,000 |
| Hispanic |
1,501 | $324,079,000 |
$215,000 | $1,500,000 |
$84,000 | $936,000 |
| Native Hawaiin or Other Pacific Islander |
72 | $18,054,000 |
$250,000 | $650,000 |
$106,000 | $288,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
403 | $82,628,000 |
$205,000 | $1,235,000 |
$27,000 | $358,000 |
| White |
5,412 | $1,099,449,000 |
$203,000 | $4,300,000 |
$96,000 | $2,403,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
7,852 | $1,691,306,000 |
$215,000 | $4,300,000 |
$94,000 | $2,403,000 |
| FHA-insured (Federal Housing Administration) |
601 | $80,607,000 |
$134,000 | $436,000 |
$49,000 | $252,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
122 | $20,644,000 |
$169,000 | $387,000 |
$53,000 | $132,000 |
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| Application Approved But Not Accepted |
169 | $39,273,000 |
$232,000 | $2,250,000 |
$104,000 | $1,344,000 |
| Application Denied By Financial Institution |
2,606 | $549,534,000 |
$210,000 | $3,000,000 |
$105,000 | $2,292,000 |
| Application Withdrawn By Applicant |
487 | $113,350,000 |
$232,000 | $4,300,000 |
$24,000 | $535,000 |
| File Closed For Incompleteness |
26 | $6,086,000 |
$234,000 | $910,000 |
$87,000 | $234,000 |
| Loan Originated |
4,456 | $933,250,000 |
$209,000 | $3,500,000 |
$90,000 | $2,403,000 |
| Loan Purchased By The Institution |
831 | $151,064,000 |
$181,000 | $998,000 |
$78,000 | $990,000 |
| 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 |
193 | $36,789,000 |
$190,000 | $1,500,000 |
$106,000 | $744,000 |
| Credit Application Incomplete |
908 | $150,397,000 |
$165,000 | $1,740,000 |
$90,000 | $1,296,000 |
| Credit History |
371 | $70,641,000 |
$190,000 | $1,088,000 |
$104,000 | $936,000 |
| Debt-To-Income Ratio |
184 | $33,741,000 |
$183,000 | $1,050,000 |
$80,000 | $384,000 |
| Employment History |
96 | $23,168,000 |
$241,000 | $1,000,000 |
$133,000 | $1,128,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
33 | $5,781,000 |
$175,000 | $496,000 |
$139,000 | $460,000 |
| Mortgage Insurance Denied |
1 | $138,000 |
$138,000 | $138,000 |
$67,000 | $67,000 |
| Other |
61 | $11,471,000 |
$188,000 | $1,000,000 |
$117,000 | $450,000 |
| Unverifiable Information |
759 | $217,408,000 |
$286,000 | $3,000,000 |
$123,000 | $2,292,000 |
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Mortgage Loan App Totals for UNIVERSAL SAVINGS BANK, FA by:
Metropolitan Area And
County
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