|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
WEBSTER BANK, N.A.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
WEBSTER BANK, N.A. |
| Address | 145 BANK ST
WATERBURY, CT 06702 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 30,477 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,329,150,000 |
| Average Mortgage Loan Amount Applied For | $102,312 |
| Highest Mortgage Loan Amount Applied For | $15,000,000 |
| Average Applicant Income | $42,596 |
| Highest Applicant Income | $3,600,000 |
|
|
|
| Home Improvement |
3,733 | $492,851,000 |
$132,000 | $8,000,000 |
$96,000 | $2,996,000 |
| Home Purchase |
16,953 | $2,335,614,000 |
$137,000 | $15,000,000 |
$58,000 | $3,600,000 |
| Refinancing |
9,933 | $1,528,081,000 |
$153,000 | $6,500,000 |
$73,000 | $2,729,000 |
|
|
| American Indian or Alaskan Native |
71 | $10,604,000 |
$149,000 | $810,000 |
$89,000 | $339,000 |
| Asian |
558 | $123,443,000 |
$221,000 | $3,250,000 |
$108,000 | $2,160,000 |
| Black or African American |
1,167 | $179,118,000 |
$153,000 | $1,440,000 |
$73,000 | $682,000 |
| Hispanic |
1,401 | $221,256,000 |
$157,000 | $6,000,000 |
$74,000 | $1,500,000 |
| Native Hawaiin or Other Pacific Islander |
75 | $14,357,000 |
$191,000 | $680,000 |
$82,000 | $278,000 |
| Not applicable |
9,165 | $461,308,000 |
$50,000 | $15,000,000 |
$0 | $220,000 |
| Not Provided |
2,026 | $342,448,000 |
$169,000 | $4,050,000 |
$105,000 | $3,175,000 |
| White |
16,156 | $3,004,012,000 |
$185,000 | $8,000,000 |
$99,000 | $3,600,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
28,265 | $3,943,230,000 |
$139,000 | $15,000,000 |
$69,000 | $3,600,000 |
| FHA-insured (Federal Housing Administration) |
1,895 | $316,445,000 |
$166,000 | $456,000 |
$56,000 | $391,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
459 | $96,871,000 |
$211,000 | $626,000 |
$55,000 | $184,000 |
|
|
| Application Approved But Not Accepted |
2,286 | $476,716,000 |
$208,000 | $5,000,000 |
$105,000 | $2,996,000 |
| Application Denied By Financial Institution |
2,959 | $604,708,000 |
$204,000 | $6,000,000 |
$90,000 | $1,920,000 |
| Application Withdrawn By Applicant |
624 | $128,335,000 |
$205,000 | $2,800,000 |
$113,000 | $3,175,000 |
| File Closed For Incompleteness |
466 | $104,307,000 |
$223,000 | $8,000,000 |
$119,000 | $2,280,000 |
| Loan Originated |
14,992 | $2,580,565,000 |
$172,000 | $15,000,000 |
$95,000 | $3,600,000 |
| Loan Purchased By The Institution |
9,150 | $434,519,000 |
$47,000 | $1,000,000 |
$0 | $682,000 |
| Preapproval Approved but not Accepted |
11 | $2,973,000 |
$270,000 | $576,000 |
$105,000 | $273,000 |
| Preapproval Denied by Financial Institution |
131 | $24,423,000 |
$186,000 | $362,000 |
$54,000 | $176,000 |
|
|
| Collateral |
393 | $80,718,000 |
$205,000 | $4,050,000 |
$108,000 | $1,388,000 |
| Credit Application Incomplete |
41 | $13,315,000 |
$324,000 | $6,000,000 |
$116,000 | $1,500,000 |
| Credit History |
902 | $165,332,000 |
$183,000 | $3,900,000 |
$92,000 | $1,661,000 |
| Debt-To-Income Ratio |
1,191 | $220,685,000 |
$185,000 | $2,275,000 |
$63,000 | $1,042,000 |
| Employment History |
101 | $24,921,000 |
$246,000 | $1,500,000 |
$115,000 | $720,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
103 | $37,010,000 |
$359,000 | $3,000,000 |
$123,000 | $1,020,000 |
| Mortgage Insurance Denied |
1 | $118,000 |
$118,000 | $118,000 |
$35,000 | $35,000 |
| Other |
267 | $65,558,000 |
$245,000 | $3,900,000 |
$119,000 | $1,920,000 |
| Unverifiable Information |
91 | $21,474,000 |
$235,000 | $1,256,000 |
$137,000 | $1,200,000 |
|
Mortgage Loan App Totals for WEBSTER BANK, N.A. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
