Aig Federal Savings Bank Mortgage Lending & HMDA Data, 2009

In 2009, Aig Federal Savings Bank of Wilmington, DE reported 381 mortgage applications totaling $99.8 million, down 14% from 2008. The average application was for $261,811, and applicants reported an average income of $128,627. 13% of its applications resulted in an originated loan and 31% were denied. Its largest markets were Wilmington, DE-MD-NJ (78), New York-White Plains-Wayne, NY-NJ (19) and Edison-New Brunswick, NJ (16) (applications in parentheses).

Mortgage Company & Address Aig Federal Savings Bank
600 N King Street, Suite 2
Wilmington, DE 19801
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 381
Total Mortgage Loan Application Amount $99,750,000
Average Mortgage Loan Application Amount $261,811
Highest Mortgage Loan Application Amount $2,000,000
Average Applicant Income $128,627
Highest Applicant Income $2,619,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Aig Federal Savings Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Aig Federal Savings Bank by County in 2009

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
New Castle, Delaware 76 $ 13,066,000 $ 171,921 $ 44,000
Suffolk, New York 7 $ 1,652,000 $ 236,000 $ 166,000
Los Angeles, California 6 $ 3,838,000 $ 639,666 $ 287,000
Ocean, New Jersey 6 $ 1,960,000 $ 326,666 $ 548,000
Maricopa, Arizona 5 $ 1,766,000 $ 353,200 $ 233,000
San Diego, California 5 $ 1,345,000 $ 269,000 $ 111,000
Cook, Illinois 5 $ 1,664,000 $ 332,800 $ 189,000
Middlesex, Massachusetts 5 $ 1,577,000 $ 315,400 $ 143,000
Cobb, Georgia 4 $ 2,295,000 $ 573,750 $ 324,000
Middlesex, New Jersey 4 $ 1,171,000 $ 292,750 $ 140,000
Monmouth, New Jersey 4 $ 1,064,000 $ 266,000 $ 99,000
Union, New Jersey 4 $ 1,353,000 $ 338,250 $ 410,000
Richmond, New York 4 $ 1,428,000 $ 357,000 $ 156,000
Bucks, Pennsylvania 4 $ 1,020,000 $ 255,000 $ 62,000
Harris, Texas 4 $ 1,669,000 $ 417,250 $ 167,000
Hernando, Florida 3 $ 300,000 $ 100,000 $ 36,000
St. Tammany, Louisiana 3 $ 934,000 $ 311,333 $ 204,000
Anne Arundel, Maryland 3 $ 910,000 $ 303,333 $ 139,000
Plymouth, Massachusetts 3 $ 1,193,000 $ 397,666 $ 99,000
Clark, Nevada 3 $ 420,000 $ 140,000 $ 47,000
Cape May, New Jersey 3 $ 2,261,000 $ 753,666 $ 485,000
Morris, New Jersey 3 $ 950,000 $ 316,666 $ 216,000
Passaic, New Jersey 3 $ 707,000 $ 235,666 $ 114,000
Erie, New York 3 $ 423,000 $ 141,000 $ 85,000
Kings, New York 3 $ 967,000 $ 322,333 $ 84,000
Nassau, New York 3 $ 1,097,000 $ 365,666 $ 126,000
New York, New York 3 $ 1,167,000 $ 389,000 $ 425,000
Queens, New York 3 $ 1,348,000 $ 449,333 $ 133,000
Montgomery, Pennsylvania 3 $ 1,180,000 $ 393,333 $ 127,000
King, Washington 3 $ 620,000 $ 206,666 $ 74,000
Pima, Arizona 2 $ 462,000 $ 231,000 $ 57,000
Saline, Arkansas 2 $ 194,000 $ 97,000 $ 36,000
Riverside, California 2 $ 475,000 $ 237,500 $ 90,000
Larimer, Colorado 2 $ 834,000 $ 417,000 $ 152,000
Mesa, Colorado 2 $ 663,000 $ 331,500 $ 84,000
Hartford, Connecticut 2 $ 538,000 $ 269,000 $ 248,000
Duval, Florida 2 $ 432,000 $ 216,000 $ 59,000
Hillsborough, Florida 2 $ 517,000 $ 258,500 $ 87,000
Lake, Indiana 2 $ 217,000 $ 108,500 $ 67,000
York, Maine 2 $ 450,000 $ 225,000 $ 74,000
Baltimore, Maryland 2 $ 1,737,000 $ 868,500 $ 398,000
Cecil, Maryland 2 $ 331,000 $ 165,500 $ 44,000
Bristol, Massachusetts 2 $ 600,000 $ 300,000 $ 90,000
Worcester, Massachusetts 2 $ 535,000 $ 267,500 $ 511,000
Livingston, Michigan 2 $ 724,000 $ 362,000 $ 226,000
Boone, Missouri 2 $ 2,145,000 $ 1,072,500 $ 300,000
Jackson, Missouri 2 $ 331,000 $ 165,500 $ 57,000
Platte, Missouri 2 $ 300,000 $ 150,000 $ 55,000
Camden, New Jersey 2 $ 555,000 $ 277,500 $ 137,000
Gloucester, New Jersey 2 $ 311,000 $ 155,500 $ 61,000
Somerset, New Jersey 2 $ 1,028,000 $ 514,000 $ 191,000
Broome, New York 2 $ 236,000 $ 118,000 $ 73,000
Chenango, New York 2 $ 68,000 $ 34,000 $ 43,000
Genesee, New York 2 $ 292,000 $ 146,000 $ 39,000
Delaware, Pennsylvania 2 $ 435,000 $ 217,500 $ 78,000
Monroe, Pennsylvania 2 $ 427,000 $ 213,500 $ 115,000
Tarrant, Texas 2 $ 196,000 $ 98,000 $ 79,000
Travis, Texas 2 $ 1,454,000 $ 727,000 $ 318,000
Fairfax, Virginia 2 $ 568,000 $ 284,000 $ 75,000
New Kent, Virginia 2 $ 350,000 $ 175,000 $ 102,000
Greenbrier, West Virginia 2 $ 147,000 $ 73,500 $ 72,000
Etowah, Alabama 1 $ 70,000 $ 70,000 $ 36,000
Jefferson, Alabama 1 $ 90,000 $ 90,000 $ 36,000
Mobile, Alabama 1 $ 210,000 $ 210,000 $ 105,000
Alameda, California 1 $ 410,000 $ 410,000 $ 115,000
Butte, California 1 $ 293,000 $ 293,000 $ 45,000
Orange, California 1 $ 210,000 $ 210,000 $ 81,000
San Francisco, California 1 $ 650,000 $ 650,000 $ 145,000
San Joaquin, California 1 $ 360,000 $ 360,000 $ 196,000
San Luis Obispo, California 1 $ 149,000 $ 149,000 $ 10,000
Adams, Colorado 1 $ 173,000 $ 173,000 $ 111,000
Arapahoe, Colorado 1 $ 1,270,000 $ 1,270,000 $ 0
Boulder, Colorado 1 $ 307,000 $ 307,000 $ 142,000
Douglas, Colorado 1 $ 394,000 $ 394,000 $ 97,000
Jefferson, Colorado 1 $ 249,000 $ 249,000 $ 56,000
Fairfield, Connecticut 1 $ 100,000 $ 100,000 $ 35,000
New Haven, Connecticut 1 $ 262,000 $ 262,000 $ 180,000
Broward, Florida 1 $ 151,000 $ 151,000 $ 60,000
Columbia, Florida 1 $ 110,000 $ 110,000 $ 0
Lee, Florida 1 $ 26,000 $ 26,000 $ 99,000
Miami-Dade, Florida 1 $ 230,000 $ 230,000 $ 56,000
Palm Beach, Florida 1 $ 112,000 $ 112,000 $ 65,000
St. Lucie, Florida 1 $ 250,000 $ 250,000 $ 12,000
Douglas, Georgia 1 $ 140,000 $ 140,000 $ 35,000
Harris, Georgia 1 $ 75,000 $ 75,000 $ 87,000
Honolulu, Hawaii 1 $ 549,000 $ 549,000 $ 85,000
Maui, Hawaii 1 $ 350,000 $ 350,000 $ 216,000
Bonneville, Idaho 1 $ 506,000 $ 506,000 $ 36,000
DuPage, Illinois 1 $ 200,000 $ 200,000 $ 100,000
Whiteside, Illinois 1 $ 50,000 $ 50,000 $ 37,000
Will, Illinois 1 $ 560,000 $ 560,000 $ 0
Hendricks, Indiana 1 $ 290,000 $ 290,000 $ 86,000
Henry, Indiana 1 $ 114,000 $ 114,000 $ 90,000
Marion, Indiana 1 $ 59,000 $ 59,000 $ 0
Morgan, Indiana 1 $ 180,000 $ 180,000 $ 125,000
St. Joseph, Indiana 1 $ 88,000 $ 88,000 $ 95,000
Marion, Iowa 1 $ 211,000 $ 211,000 $ 79,000
Polk, Iowa 1 $ 100,000 $ 100,000 $ 52,000
Johnson, Kansas 1 $ 188,000 $ 188,000 $ 93,000
Breckinridge, Kentucky 1 $ 38,000 $ 38,000 $ 26,000
Franklin, Kentucky 1 $ 103,000 $ 103,000 $ 30,000
Caddo, Louisiana 1 $ 91,000 $ 91,000 $ 61,000
East Baton Rouge, Louisiana 1 $ 816,000 $ 816,000 $ 156,000
Tangipahoa, Louisiana 1 $ 108,000 $ 108,000 $ 56,000
Cumberland, Maine 1 $ 83,000 $ 83,000 $ 116,000
Howard, Maryland 1 $ 300,000 $ 300,000 $ 140,000
Montgomery, Maryland 1 $ 168,000 $ 168,000 $ 72,000
Essex, Massachusetts 1 $ 388,000 $ 388,000 $ 115,000
Hampden, Massachusetts 1 $ 370,000 $ 370,000 $ 113,000
Nantucket, Massachusetts 1 $ 150,000 $ 150,000 $ 90,000
Norfolk, Massachusetts 1 $ 406,000 $ 406,000 $ 182,000
Suffolk, Massachusetts 1 $ 417,000 $ 417,000 $ 125,000
Hillsdale, Michigan 1 $ 67,000 $ 67,000 $ 48,000
Cass, Minnesota 1 $ 17,000 $ 17,000 $ 15,000
Dakota, Minnesota 1 $ 183,000 $ 183,000 $ 87,000
Isanti, Minnesota 1 $ 150,000 $ 150,000 $ 50,000
Ramsey, Minnesota 1 $ 157,000 $ 157,000 $ 67,000
Sherburne, Minnesota 1 $ 230,000 $ 230,000 $ 87,000
Washington, Minnesota 1 $ 240,000 $ 240,000 $ 38,000
Hinds, Mississippi 1 $ 140,000 $ 140,000 $ 0
Rankin, Mississippi 1 $ 72,000 $ 72,000 $ 28,000
Clinton, Missouri 1 $ 90,000 $ 90,000 $ 40,000
Douglas, Nevada 1 $ 398,000 $ 398,000 $ 23,000
Hillsborough, New Hampshire 1 $ 225,000 $ 225,000 $ 130,000
Merrimack, New Hampshire 1 $ 116,000 $ 116,000 $ 36,000
Rockingham, New Hampshire 1 $ 160,000 $ 160,000 $ 50,000
Cumberland, New Jersey 1 $ 135,000 $ 135,000 $ 27,000
Hudson, New Jersey 1 $ 280,000 $ 280,000 $ 80,000
Mercer, New Jersey 1 $ 135,000 $ 135,000 $ 197,000
Sussex, New Jersey 1 $ 344,000 $ 344,000 $ 210,000
Warren, New Jersey 1 $ 207,000 $ 207,000 $ 135,000
Chemung, New York 1 $ 450,000 $ 450,000 $ 348,000
Monroe, New York 1 $ 52,000 $ 52,000 $ 36,000
Onondaga, New York 1 $ 45,000 $ 45,000 $ 27,000
Orange, New York 1 $ 100,000 $ 100,000 $ 33,000
Rockland, New York 1 $ 270,000 $ 270,000 $ 1,200,000
Sullivan, New York 1 $ 178,000 $ 178,000 $ 54,000
Tioga, New York 1 $ 159,000 $ 159,000 $ 34,000
Westchester, New York 1 $ 200,000 $ 200,000 $ 50,000
Chowan, North Carolina 1 $ 65,000 $ 65,000 $ 25,000
Craven, North Carolina 1 $ 38,000 $ 38,000 $ 57,000
Cumberland, North Carolina 1 $ 97,000 $ 97,000 $ 57,000
Guilford, North Carolina 1 $ 129,000 $ 129,000 $ 62,000
Rockingham, North Carolina 1 $ 122,000 $ 122,000 $ 59,000
Stark, Ohio 1 $ 162,000 $ 162,000 $ 56,000
Union, Ohio 1 $ 150,000 $ 150,000 $ 165,000
Cleveland, Oklahoma 1 $ 117,000 $ 117,000 $ 108,000
Grady, Oklahoma 1 $ 141,000 $ 141,000 $ 96,000
Kay, Oklahoma 1 $ 106,000 $ 106,000 $ 27,000
Oklahoma, Oklahoma 1 $ 750,000 $ 750,000 $ 182,000
Washington, Oklahoma 1 $ 76,000 $ 76,000 $ 75,000
Lincoln, Oregon 1 $ 173,000 $ 173,000 $ 30,000
Linn, Oregon 1 $ 182,000 $ 182,000 $ 50,000
Umatilla, Oregon 1 $ 86,000 $ 86,000 $ 100,000
Allegheny, Pennsylvania 1 $ 26,000 $ 26,000 $ 67,000
Chester, Pennsylvania 1 $ 207,000 $ 207,000 $ 57,000
Lancaster, Pennsylvania 1 $ 160,000 $ 160,000 $ 39,000
Mercer, Pennsylvania 1 $ 45,000 $ 45,000 $ 44,000
Potter, Pennsylvania 1 $ 86,000 $ 86,000 $ 38,000
Schuylkill, Pennsylvania 1 $ 71,000 $ 71,000 $ 65,000
Somerset, Pennsylvania 1 $ 75,000 $ 75,000 $ 92,000
Providence, Rhode Island 1 $ 188,000 $ 188,000 $ 36,000
Washington, Rhode Island 1 $ 125,000 $ 125,000 $ 0
Beaufort, South Carolina 1 $ 417,000 $ 417,000 $ 343,000
Greenville, South Carolina 1 $ 990,000 $ 990,000 $ 1,200,000
Shelby, Tennessee 1 $ 417,000 $ 417,000 $ 274,000
Williamson, Tennessee 1 $ 235,000 $ 235,000 $ 0
Bexar, Texas 1 $ 263,000 $ 263,000 $ 160,000
Collin, Texas 1 $ 168,000 $ 168,000 $ 65,000
Denton, Texas 1 $ 125,000 $ 125,000 $ 44,000
Ellis, Texas 1 $ 196,000 $ 196,000 $ 107,000
Fort Bend, Texas 1 $ 212,000 $ 212,000 $ 319,000
Nueces, Texas 1 $ 980,000 $ 980,000 $ 1,392,000
Parker, Texas 1 $ 297,000 $ 297,000 $ 190,000
Rockwall, Texas 1 $ 80,000 $ 80,000 $ 145,000
Salt Lake, Utah 1 $ 417,000 $ 417,000 $ 966,000
Summit, Utah 1 $ 375,000 $ 375,000 $ 175,000
Utah, Utah 1 $ 340,000 $ 340,000 $ 34,000
Weber, Utah 1 $ 162,000 $ 162,000 $ 74,000
Windham, Vermont 1 $ 67,000 $ 67,000 $ 29,000
Windsor, Vermont 1 $ 254,000 $ 254,000 $ 108,000
Arlington, Virginia 1 $ 692,000 $ 692,000 $ 106,000
Chesterfield, Virginia 1 $ 417,000 $ 417,000 $ 82,000
Franklin, Virginia 1 $ 217,000 $ 217,000 $ 40,000
Hanover, Virginia 1 $ 150,000 $ 150,000 $ 38,000
Henrico, Virginia 1 $ 180,000 $ 180,000 $ 0
Martinsville, Virginia 1 $ 200,000 $ 200,000 $ 58,000
Orange, Virginia 1 $ 375,000 $ 375,000 $ 55,000
Marion, West Virginia 1 $ 143,000 $ 143,000 $ 30,000
Milwaukee, Wisconsin 1 $ 147,000 $ 147,000 $ 78,000
Outagamie, Wisconsin 1 $ 86,000 $ 86,000 $ 35,000
Waukesha, Wisconsin 1 $ 900,000 $ 900,000 $ 497,000

Mortgage Loan Application Detail Totals for Aig Federal Savings Bank in 2009

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 273 $78,213,000 $286,000 $2,000,000 $137,000 $1,200,000
Home Purchase 106 $21,020,000 $198,000 $980,000 $108,000 $2,619,000
Home Improvement 2 $517,000 $258,000 $417,000 $79,000 $120,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not Provided 142 $38,451,000 $270,000 $1,500,000 $159,000 $2,619,000
White 130 $40,079,000 $308,000 $2,000,000 $153,000 $1,100,000
Not applicable 73 $12,624,000 $172,000 $270,000 $44,000 $80,000
Asian 12 $4,224,000 $352,000 $854,000 $135,000 $277,000
Black or African American 11 $1,409,000 $128,000 $407,000 $54,000 $145,000
Hispanic 11 $2,117,000 $192,000 $480,000 $75,000 $210,000
Native Hawaiian or Other Pacific Islander 2 $846,000 $423,000 $549,000 $137,000 $190,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 330 $89,604,000 $271,000 $2,000,000 $141,000 $2,619,000
FHA-insured (Federal Housing Administration) 51 $10,146,000 $198,000 $611,000 $49,000 $202,000
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

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Application Denied By Financial Institution 117 $33,520,000 $286,000 $2,000,000 $135,000 $1,392,000
File Closed For Incompleteness 75 $20,681,000 $275,000 $900,000 $140,000 $966,000
Loan Purchased By The Institution 73 $12,624,000 $172,000 $270,000 $44,000 $80,000
Application Withdrawn By Applicant 66 $18,422,000 $279,000 $1,500,000 $168,000 $1,200,000
Loan Originated 48 $14,153,000 $294,000 $900,000 $171,000 $2,619,000
Application Approved But Not Accepted 2 $350,000 $175,000 $263,000 $93,000 $134,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 36 $5,088,000 $141,000 $650,000 $67,000 $348,000
Other 34 $13,793,000 $405,000 $2,000,000 $167,000 $1,100,000
Debt-To-Income Ratio 24 $7,217,000 $300,000 $549,000 $71,000 $210,000
Collateral 17 $5,551,000 $326,000 $980,000 $260,000 $1,392,000
Credit Application Incomplete 5 $881,000 $176,000 $349,000 $79,000 $130,000
Unverifiable Information 1 $990,000 $990,000 $990,000 $1,200,000 $1,200,000
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Aig Federal Savings Bank's 2009 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Aig Federal Savings Bank's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Delaware, download the full spreadsheet with aggregated HMDA statistics today.

Download the Delaware Lender List