|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
WINTER HILL FED SAV BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
WINTER HILL FED SAV BANK |
| Address | 342 BROADWAY
SOMERVILLE, MA 02145 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 168 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $47,686,000 |
| Average Mortgage Loan Amount Applied For | $329,000 |
| Highest Mortgage Loan Amount Applied For | $2,040,000 |
| Average Applicant Income | $108,833 |
| Highest Applicant Income | $446,000 |
|
|
|
| Home Improvement |
2 | $1,170,000 |
$585,000 | $750,000 |
$36,000 | $73,000 |
| Home Purchase |
56 | $20,041,000 |
$357,000 | $2,040,000 |
$85,000 | $337,000 |
| Refinancing |
118 | $28,388,000 |
$240,000 | $1,467,000 |
$75,000 | $446,000 |
|
|
| American Indian or Alaskan Native |
2 | $335,000 |
$167,000 | $230,000 |
$60,000 | $75,000 |
| Asian |
7 | $2,316,000 |
$330,000 | $470,000 |
$32,000 | $100,000 |
| Black or African American |
10 | $2,284,000 |
$228,000 | $420,000 |
$70,000 | $176,000 |
| Hispanic |
6 | $1,050,000 |
$175,000 | $300,000 |
$79,000 | $211,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
8 | $3,540,000 |
$442,000 | $750,000 |
$26,000 | $214,000 |
| Not Provided |
2 | $1,312,000 |
$656,000 | $1,100,000 |
$0 | $0 |
| White |
141 | $38,762,000 |
$274,000 | $2,040,000 |
$85,000 | $446,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
176 | $49,599,000 |
$281,000 | $2,040,000 |
$78,000 | $446,000 |
| 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 |
5 | $326,000 |
$65,000 | $130,000 |
$101,000 | $176,000 |
| Application Denied By Financial Institution |
32 | $10,089,000 |
$315,000 | $1,467,000 |
$56,000 | $204,000 |
| Application Withdrawn By Applicant |
18 | $9,280,000 |
$515,000 | $2,040,000 |
$74,000 | $290,000 |
| File Closed For Incompleteness |
1 | $470,000 |
$470,000 | $470,000 |
$100,000 | $100,000 |
| Loan Originated |
119 | $29,138,000 |
$244,000 | $1,452,000 |
$83,000 | $446,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $296,000 |
$296,000 | $296,000 |
$47,000 | $47,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
2 | $971,000 |
$485,000 | $525,000 |
$184,000 | $204,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $1,911,000 |
$318,000 | $1,467,000 |
$49,000 | $109,000 |
| Debt-To-Income Ratio |
16 | $5,205,000 |
$325,000 | $1,100,000 |
$61,000 | $166,000 |
| Employment History |
1 | $340,000 |
$340,000 | $340,000 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $200,000 |
$200,000 | $200,000 |
$72,000 | $72,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $662,000 |
$165,000 | $330,000 |
$24,000 | $52,000 |
| Unverifiable Information |
2 | $800,000 |
$400,000 | $400,000 |
$0 | $0 |
|
Mortgage Loan App Totals for WINTER HILL FED SAV BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
