|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
WILLIAMSTOWN SAVINGS BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
WILLIAMSTOWN SAVINGS BANK |
| Address | 795 MAIN STREET
WILLIAMSTOWN, MA 01267 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 192 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $32,368,000 |
| Average Mortgage Loan Amount Applied For | $160,333 |
| Highest Mortgage Loan Amount Applied For | $1,120,000 |
| Average Applicant Income | $104,666 |
| Highest Applicant Income | $589,000 |
|
|
|
| Home Improvement |
81 | $9,078,000 |
$112,000 | $1,120,000 |
$110,000 | $434,000 |
| Home Purchase |
80 | $19,850,000 |
$248,000 | $920,000 |
$124,000 | $589,000 |
| Refinancing |
31 | $3,440,000 |
$110,000 | $343,000 |
$85,000 | $273,000 |
|
|
| American Indian or Alaskan Native |
1 | $26,000 |
$26,000 | $26,000 |
$97,000 | $97,000 |
| Asian |
5 | $1,128,000 |
$225,000 | $377,000 |
$125,000 | $208,000 |
| Black or African American |
3 | $500,000 |
$166,000 | $190,000 |
$102,000 | $158,000 |
| Hispanic |
4 | $788,000 |
$197,000 | $263,000 |
$97,000 | $176,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $55,000 |
$27,000 | $35,000 |
$4,000 | $9,000 |
| Not Provided |
1 | $260,000 |
$260,000 | $260,000 |
$217,000 | $217,000 |
| White |
176 | $29,611,000 |
$168,000 | $1,120,000 |
$112,000 | $589,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
192 | $32,368,000 |
$168,000 | $1,120,000 |
$111,000 | $589,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
14 | $3,339,000 |
$238,000 | $701,000 |
$133,000 | $299,000 |
| Application Denied By Financial Institution |
13 | $1,571,000 |
$120,000 | $343,000 |
$58,000 | $120,000 |
| Application Withdrawn By Applicant |
14 | $2,973,000 |
$212,000 | $920,000 |
$110,000 | $337,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
151 | $24,485,000 |
$162,000 | $1,120,000 |
$114,000 | $589,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
2 | $211,000 |
$105,000 | $200,000 |
$85,000 | $120,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $344,000 |
$86,000 | $180,000 |
$67,000 | $105,000 |
| Debt-To-Income Ratio |
7 | $1,016,000 |
$145,000 | $343,000 |
$44,000 | $90,000 |
| 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 |
|
Mortgage Loan App Totals for WILLIAMSTOWN SAVINGS BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
