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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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WILMINGTON SAVINGS FUNDS SOCIE
Mortgage Loans and Application Details
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| Mortgage Company Name |
WILMINGTON SAVINGS FUNDS SOCIE |
| Address | 838 MARKET STREET
WILMINGTON, DE 19899 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,089 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $219,787,000 |
| Average Mortgage Loan Amount Applied For | $205,392 |
| Highest Mortgage Loan Amount Applied For | $1,862,000 |
| Average Applicant Income | $104,857 |
| Highest Applicant Income | $1,601,000 |
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| Home Improvement |
736 | $23,417,000 |
$31,000 | $505,000 |
$71,000 | $500,000 |
| Home Purchase |
608 | $106,073,000 |
$174,000 | $1,595,000 |
$84,000 | $1,298,000 |
| Refinancing |
754 | $92,633,000 |
$122,000 | $1,862,000 |
$93,000 | $1,601,000 |
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| American Indian or Alaskan Native |
2 | $90,000 |
$45,000 | $50,000 |
$110,000 | $143,000 |
| Asian |
26 | $4,641,000 |
$178,000 | $800,000 |
$110,000 | $366,000 |
| Black or African American |
247 | $20,904,000 |
$84,000 | $499,000 |
$69,000 | $295,000 |
| Hispanic |
77 | $5,707,000 |
$74,000 | $334,000 |
$61,000 | $194,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $767,000 |
$127,000 | $397,000 |
$65,000 | $108,000 |
| Not applicable |
56 | $9,906,000 |
$176,000 | $404,000 |
$0 | $0 |
| Not Provided |
6 | $392,000 |
$65,000 | $282,000 |
$79,000 | $200,000 |
| White |
1,678 | $179,716,000 |
$107,000 | $1,862,000 |
$88,000 | $1,601,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,098 | $222,123,000 |
$105,000 | $1,862,000 |
$82,000 | $1,601,000 |
| 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 |
115 | $13,790,000 |
$119,000 | $680,000 |
$88,000 | $374,000 |
| Application Denied By Financial Institution |
292 | $13,742,000 |
$47,000 | $700,000 |
$53,000 | $500,000 |
| Application Withdrawn By Applicant |
18 | $1,112,000 |
$61,000 | $350,000 |
$77,000 | $218,000 |
| File Closed For Incompleteness |
24 | $1,677,000 |
$69,000 | $168,000 |
$82,000 | $166,000 |
| Loan Originated |
1,584 | $179,560,000 |
$113,000 | $1,862,000 |
$90,000 | $1,601,000 |
| Loan Purchased By The Institution |
56 | $9,906,000 |
$176,000 | $404,000 |
$0 | $0 |
| Preapproval Approved but not Accepted |
9 | $2,336,000 |
$259,000 | $850,000 |
$67,000 | $172,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
20 | $1,516,000 |
$75,000 | $275,000 |
$73,000 | $166,000 |
| Credit Application Incomplete |
2 | $28,000 |
$14,000 | $20,000 |
$32,000 | $60,000 |
| Credit History |
105 | $2,974,000 |
$28,000 | $360,000 |
$49,000 | $165,000 |
| Debt-To-Income Ratio |
155 | $8,622,000 |
$55,000 | $700,000 |
$51,000 | $213,000 |
| Employment History |
5 | $41,000 |
$8,000 | $20,000 |
$29,000 | $50,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $46,000 |
$15,000 | $25,000 |
$193,000 | $500,000 |
| Unverifiable Information |
2 | $515,000 |
$257,000 | $345,000 |
$86,000 | $110,000 |
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Mortgage Loan App Totals for WILMINGTON SAVINGS FUNDS SOCIE by:
Metropolitan Area And
County
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