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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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WASHINGTON MUTUAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
WASHINGTON MUTUAL BANK |
| Address | 227 EAST AVENUE
ALBION, NY 14411 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 875,006 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $243,361,302,000 |
| Average Mortgage Loan Amount Applied For | $129,976 |
| Highest Mortgage Loan Amount Applied For | $30,548,000 |
| Average Applicant Income | $28,185 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
29,144 | $7,217,924,000 |
$247,000 | $13,600,000 |
$110,000 | $9,999,000 |
| Home Purchase |
394,905 | $95,617,792,000 |
$242,000 | $30,548,000 |
$57,000 | $9,999,000 |
| Refinancing |
463,695 | $143,917,317,000 |
$310,000 | $28,500,000 |
$84,000 | $9,999,000 |
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| American Indian or Alaskan Native |
1,412 | $360,955,000 |
$255,000 | $2,550,000 |
$125,000 | $9,999,000 |
| Asian |
35,379 | $14,882,190,000 |
$420,000 | $6,000,000 |
$153,000 | $9,999,000 |
| Black or African American |
27,311 | $6,437,978,000 |
$235,000 | $7,000,000 |
$93,000 | $9,999,000 |
| Hispanic |
69,114 | $19,580,163,000 |
$283,000 | $8,000,000 |
$100,000 | $9,999,000 |
| Native Hawaiin or Other Pacific Islander |
2,602 | $967,360,000 |
$371,000 | $6,000,000 |
$132,000 | $9,999,000 |
| Not applicable |
420,260 | $86,438,862,000 |
$205,000 | $30,548,000 |
$0 | $1,254,000 |
| Not Provided |
83,082 | $28,836,600,000 |
$347,000 | $28,500,000 |
$144,000 | $9,999,000 |
| White |
248,584 | $89,248,925,000 |
$359,000 | $20,500,000 |
$152,000 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
867,297 | $244,005,799,000 |
$281,000 | $30,548,000 |
$75,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
16,628 | $2,162,385,000 |
$130,000 | $708,000 |
$8,000 | $1,198,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3,819 | $584,849,000 |
$153,000 | $425,000 |
$12,000 | $300,000 |
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| Application Approved But Not Accepted |
26,758 | $8,251,977,000 |
$308,000 | $15,850,000 |
$120,000 | $9,999,000 |
| Application Denied By Financial Institution |
131,412 | $44,142,639,000 |
$335,000 | $20,500,000 |
$139,000 | $9,999,000 |
| Application Withdrawn By Applicant |
12,648 | $4,298,584,000 |
$339,000 | $25,920,000 |
$137,000 | $9,999,000 |
| File Closed For Incompleteness |
7,038 | $2,524,219,000 |
$358,000 | $15,000,000 |
$143,000 | $9,999,000 |
| Loan Originated |
281,951 | $106,208,510,000 |
$376,000 | $28,500,000 |
$141,000 | $9,999,000 |
| Loan Purchased By The Institution |
415,199 | $77,935,373,000 |
$187,000 | $30,548,000 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
12,738 | $3,391,731,000 |
$266,000 | $5,913,000 |
$94,000 | $9,999,000 |
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| Collateral |
7,681 | $2,724,419,000 |
$354,000 | $20,500,000 |
$158,000 | $9,000,000 |
| Credit Application Incomplete |
58,245 | $20,548,616,000 |
$352,000 | $14,288,000 |
$152,000 | $9,999,000 |
| Credit History |
25,927 | $6,041,334,000 |
$233,000 | $11,200,000 |
$112,000 | $9,999,000 |
| Debt-To-Income Ratio |
20,589 | $6,054,373,000 |
$294,000 | $10,000,000 |
$76,000 | $4,800,000 |
| Employment History |
874 | $282,005,000 |
$322,000 | $4,565,000 |
$125,000 | $1,800,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1,769 | $885,310,000 |
$500,000 | $8,000,000 |
$183,000 | $4,064,000 |
| Mortgage Insurance Denied |
3 | $594,000 |
$198,000 | $248,000 |
$34,000 | $60,000 |
| Other |
16,645 | $5,920,523,000 |
$355,000 | $14,300,000 |
$152,000 | $9,999,000 |
| Unverifiable Information |
12,417 | $5,077,196,000 |
$408,000 | $8,000,000 |
$158,000 | $9,999,000 |
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Mortgage Loan App Totals for WASHINGTON MUTUAL BANK by:
Metropolitan Area And
County
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