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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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WEBSTER BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
WEBSTER BANK |
| Address | 609 WEST JOHNSON AVE
CHESHIRE, CT 06410 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 38,614 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,234,711,000 |
| Average Mortgage Loan Amount Applied For | $155,175 |
| Highest Mortgage Loan Amount Applied For | $5,000,000 |
| Average Applicant Income | $72,246 |
| Highest Applicant Income | $4,826,000 |
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| Home Improvement (one-to-four family) |
1,027 | $38,257,000 |
$36,125 | $500,000 |
$61,625 | $600,000 |
| Home Purchase (one-to-four family) |
7,627 | $1,354,620,000 |
$201,697 | $5,000,000 |
$69,116 | $4,725,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
29,960 | $4,841,834,000 |
$183,500 | $4,000,000 |
$73,520 | $4,826,000 |
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| American Indian or Alaskan Native |
102 | $16,479,000 |
$189,045 | $1,650,000 |
$82,454 | $1,068,000 |
| Asian or Pacific Islander |
762 | $135,723,000 |
$184,419 | $3,000,000 |
$93,935 | $2,196,000 |
| Black |
1,309 | $158,421,000 |
$136,866 | $3,000,000 |
$63,266 | $2,141,000 |
| Hispanic |
1,884 | $250,199,000 |
$124,272 | $480,000 |
$54,969 | $415,000 |
| Information not provided by applicant in mail or telephone application |
6,013 | $970,696,000 |
$154,317 | $2,500,000 |
$81,024 | $3,275,000 |
| Not applicable |
1,388 | $487,148,000 |
$388,702 | $1,026,000 |
$0 | $0 |
| Other |
217 | $32,341,000 |
$157,448 | $685,000 |
$68,620 | $325,000 |
| White |
26,939 | $4,183,704,000 |
$161,765 | $5,000,000 |
$86,574 | $4,826,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
35,671 | $5,846,811,000 |
$184,791 | $5,000,000 |
$75,291 | $4,826,000 |
| FHA-insured (Federal Housing Administration) |
2,877 | $377,818,000 |
$119,041 | $441,000 |
$37,291 | $1,254,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
66 | $10,082,000 |
$142,357 | $240,000 |
$43,642 | $100,000 |
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| Application Approved But Not Accepted |
4,430 | $738,148,000 |
$158,547 | $3,500,000 |
$75,642 | $3,076,000 |
| Application Denied By Financial Institution |
3,461 | $499,926,000 |
$176,875 | $3,000,000 |
$77,525 | $2,490,000 |
| Application Withdrawn By Applicant |
719 | $116,223,000 |
$164,687 | $1,500,000 |
$84,531 | $1,174,000 |
| File Closed For Incompleteness |
810 | $138,465,000 |
$176,294 | $5,000,000 |
$76,970 | $4,725,000 |
| Loan Originated |
27,806 | $4,254,801,000 |
$151,840 | $3,495,000 |
$80,818 | $4,826,000 |
| Loan Purchased By The Institution |
1,388 | $487,148,000 |
$388,702 | $1,026,000 |
$0 | $0 |
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| Collateral |
452 | $62,720,000 |
$210,166 | $3,000,000 |
$103,566 | $1,657,000 |
| Credit Application Incomplete |
4 | $2,925,000 |
$731,000 | $2,500,000 |
$227,000 | $594,000 |
| Credit History |
1,076 | $146,589,000 |
$146,294 | $1,025,000 |
$76,117 | $900,000 |
| Debt-To-Income Ratio |
1,430 | $194,643,000 |
$165,361 | $1,200,000 |
$51,444 | $754,000 |
| Employment History |
49 | $7,735,000 |
$159,500 | $910,000 |
$37,062 | $157,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
88 | $21,909,000 |
$227,590 | $2,400,000 |
$91,727 | $732,000 |
| Mortgage Insurance Denied |
31 | $4,028,000 |
$118,615 | $347,000 |
$76,769 | $223,000 |
| Other |
272 | $49,829,000 |
$224,533 | $2,335,000 |
$131,966 | $2,490,000 |
| Unverifiable Information |
59 | $9,548,000 |
$156,764 | $483,000 |
$43,176 | $300,000 |
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Mortgage Loan App Totals for WEBSTER BANK by:
Metropolitan Area And
County
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