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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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1ST COLONIAL NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
1ST COLONIAL NATIONAL BANK |
| Address | 1040 HADDON AVENUE
COLLINGSWOOD, NJ 08108 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 141 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,380,000 |
| Average Mortgage Loan Amount Applied For | $146,090 |
| Highest Mortgage Loan Amount Applied For | $750,000 |
| Average Applicant Income | $149,272 |
| Highest Applicant Income | $1,087,000 |
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| Home Improvement |
78 | $3,629,000 |
$46,000 | $180,000 |
$88,000 | $213,000 |
| Home Purchase |
39 | $7,724,000 |
$198,000 | $750,000 |
$188,000 | $1,087,000 |
| Refinancing |
24 | $5,027,000 |
$209,000 | $750,000 |
$120,000 | $398,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $750,000 |
$750,000 | $750,000 |
$270,000 | $270,000 |
| Black or African American |
1 | $60,000 |
$60,000 | $60,000 |
$61,000 | $61,000 |
| Hispanic |
1 | $25,000 |
$25,000 | $25,000 |
$164,000 | $164,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $1,016,000 |
$203,000 | $378,000 |
$0 | $0 |
| Not Provided |
1 | $300,000 |
$300,000 | $300,000 |
$240,000 | $240,000 |
| White |
132 | $14,229,000 |
$107,000 | $750,000 |
$124,000 | $1,087,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
141 | $16,380,000 |
$116,000 | $750,000 |
$121,000 | $1,087,000 |
| 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 |
8 | $2,387,000 |
$298,000 | $750,000 |
$214,000 | $270,000 |
| Application Denied By Financial Institution |
4 | $170,000 |
$42,000 | $90,000 |
$49,000 | $62,000 |
| Application Withdrawn By Applicant |
4 | $314,000 |
$78,000 | $136,000 |
$60,000 | $77,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
125 | $13,509,000 |
$108,000 | $750,000 |
$119,000 | $1,087,000 |
| 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 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $90,000 |
$90,000 | $90,000 |
$56,000 | $56,000 |
| Debt-To-Income Ratio |
3 | $80,000 |
$26,000 | $40,000 |
$47,000 | $62,000 |
| 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 |
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Mortgage Loan App Totals for 1ST COLONIAL NATIONAL BANK by:
Metropolitan Area And
County
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