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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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WALPOLE CO-OPERATIVE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
WALPOLE CO-OPERATIVE BANK |
| Address | 982 MAIN STREET
WALPOLE, MA 02081 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 55 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $12,778,000 |
| Average Mortgage Loan Amount Applied For | $203,875 |
| Highest Mortgage Loan Amount Applied For | $928,000 |
| Average Applicant Income | $115,625 |
| Highest Applicant Income | $958,000 |
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| Home Improvement |
11 | $4,001,000 |
$363,000 | $928,000 |
$92,000 | $224,000 |
| Home Purchase |
21 | $4,251,000 |
$202,000 | $500,000 |
$67,000 | $154,000 |
| Refinancing |
29 | $5,642,000 |
$194,000 | $417,000 |
$135,000 | $958,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $1,868,000 |
$373,000 | $928,000 |
$12,000 | $61,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
56 | $12,026,000 |
$214,000 | $500,000 |
$112,000 | $958,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
61 | $13,894,000 |
$227,000 | $928,000 |
$104,000 | $958,000 |
| 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) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
5 | $1,036,000 |
$207,000 | $417,000 |
$68,000 | $116,000 |
| Application Denied By Financial Institution |
4 | $889,000 |
$222,000 | $371,000 |
$69,000 | $89,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
2 | $480,000 |
$240,000 | $300,000 |
$65,000 | $87,000 |
| Loan Originated |
44 | $10,373,000 |
$235,000 | $928,000 |
$120,000 | $958,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
6 | $1,116,000 |
$186,000 | $225,000 |
$55,000 | $84,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $421,000 |
$210,000 | $371,000 |
$88,000 | $89,000 |
| Debt-To-Income Ratio |
2 | $468,000 |
$234,000 | $330,000 |
$50,000 | $63,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for WALPOLE CO-OPERATIVE BANK by:
Metropolitan Area And
County
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