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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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WAYNE SAVINGS COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
WAYNE SAVINGS COMMUNITY BANK |
| Address | 151 N MARKET ST
WOOSTER, OH 44691 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 178 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $24,851,000 |
| Average Mortgage Loan Amount Applied For | $153,600 |
| Highest Mortgage Loan Amount Applied For | $547,000 |
| Average Applicant Income | $67,500 |
| Highest Applicant Income | $377,000 |
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| Home Improvement |
1 | $10,000 |
$10,000 | $10,000 |
$0 | $0 |
| Home Purchase |
110 | $14,307,000 |
$130,000 | $450,000 |
$64,000 | $377,000 |
| Refinancing |
75 | $11,172,000 |
$148,000 | $547,000 |
$51,000 | $197,000 |
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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 |
1 | $25,000 |
$25,000 | $25,000 |
$21,000 | $21,000 |
| Hispanic |
3 | $216,000 |
$72,000 | $100,000 |
$41,000 | $46,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
15 | $4,219,000 |
$281,000 | $547,000 |
$6,000 | $95,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
167 | $21,029,000 |
$125,000 | $515,000 |
$64,000 | $377,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
186 | $25,489,000 |
$137,000 | $547,000 |
$59,000 | $377,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
18 | $2,961,000 |
$164,000 | $515,000 |
$65,000 | $148,000 |
| Application Withdrawn By Applicant |
8 | $808,000 |
$101,000 | $195,000 |
$52,000 | $132,000 |
| File Closed For Incompleteness |
2 | $161,000 |
$80,000 | $85,000 |
$38,000 | $50,000 |
| Loan Originated |
151 | $20,997,000 |
$139,000 | $547,000 |
$59,000 | $377,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
3 | $189,000 |
$63,000 | $84,000 |
$54,000 | $112,000 |
| Preapproval Denied by Financial Institution |
4 | $373,000 |
$93,000 | $155,000 |
$37,000 | $60,000 |
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| Collateral |
2 | $413,000 |
$206,000 | $349,000 |
$95,000 | $148,000 |
| Credit Application Incomplete |
1 | $160,000 |
$160,000 | $160,000 |
$66,000 | $66,000 |
| Credit History |
8 | $806,000 |
$100,000 | $170,000 |
$48,000 | $66,000 |
| Debt-To-Income Ratio |
8 | $1,570,000 |
$196,000 | $515,000 |
$47,000 | $102,000 |
| Employment History |
1 | $225,000 |
$225,000 | $225,000 |
$120,000 | $120,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $135,000 |
$135,000 | $135,000 |
$133,000 | $133,000 |
| Unverifiable Information |
1 | $25,000 |
$25,000 | $25,000 |
$44,000 | $44,000 |
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Mortgage Loan App Totals for WAYNE SAVINGS COMMUNITY BANK by:
Metropolitan Area And
County
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