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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 CONSTITUTION BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
1ST CONSTITUTION BANK |
| Address | 2650 ROUTE 130
CRANBURY, NJ 08512 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 273 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $67,645,000 |
| Average Mortgage Loan Amount Applied For | $263,567 |
| Highest Mortgage Loan Amount Applied For | $1,190,000 |
| Average Applicant Income | $151,243 |
| Highest Applicant Income | $2,466,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
121 | $36,847,000 |
$304,000 | $1,190,000 |
$141,000 | $2,466,000 |
| Refinancing |
152 | $30,798,000 |
$202,000 | $960,000 |
$136,000 | $794,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
25 | $7,290,000 |
$291,000 | $689,000 |
$146,000 | $794,000 |
| Black or African American |
11 | $2,882,000 |
$262,000 | $552,000 |
$93,000 | $188,000 |
| Hispanic |
35 | $6,498,000 |
$185,000 | $456,000 |
$97,000 | $383,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $325,000 |
$325,000 | $325,000 |
$150,000 | $150,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
201 | $50,650,000 |
$251,000 | $1,190,000 |
$147,000 | $2,466,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
271 | $67,116,000 |
$247,000 | $1,190,000 |
$139,000 | $2,466,000 |
| FHA-insured (Federal Housing Administration) |
1 | $239,000 |
$239,000 | $239,000 |
$54,000 | $54,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $290,000 |
$290,000 | $290,000 |
$202,000 | $202,000 |
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| Application Approved But Not Accepted |
19 | $5,492,000 |
$289,000 | $720,000 |
$137,000 | $383,000 |
| Application Denied By Financial Institution |
13 | $1,740,000 |
$133,000 | $239,000 |
$80,000 | $198,000 |
| Application Withdrawn By Applicant |
9 | $2,385,000 |
$265,000 | $491,000 |
$97,000 | $189,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
232 | $58,028,000 |
$250,000 | $1,190,000 |
$143,000 | $2,466,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 CONSTITUTION BANK by:
Metropolitan Area And
County
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