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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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ALLEGHENY VALLEY BANK OF PGH
Mortgage Loans and Application Details
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| Mortgage Company Name |
ALLEGHENY VALLEY BANK OF PGH |
| Address | 5137 BUTLER STREET
PITTSBURGH, PA 15201 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 530 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $32,356,000 |
| Average Mortgage Loan Amount Applied For | $65,555 |
| Highest Mortgage Loan Amount Applied For | $672,000 |
| Average Applicant Income | $70,333 |
| Highest Applicant Income | $1,321,000 |
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| Home Improvement |
261 | $9,842,000 |
$37,000 | $260,000 |
$70,000 | $553,000 |
| Home Purchase |
95 | $10,988,000 |
$115,000 | $672,000 |
$117,000 | $1,321,000 |
| Refinancing |
174 | $11,526,000 |
$66,000 | $460,000 |
$70,000 | $400,000 |
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| American Indian or Alaskan Native |
1 | $30,000 |
$30,000 | $30,000 |
$131,000 | $131,000 |
| Asian |
11 | $733,000 |
$66,000 | $200,000 |
$71,000 | $149,000 |
| Black or African American |
11 | $268,000 |
$24,000 | $95,000 |
$59,000 | $107,000 |
| Hispanic |
5 | $313,000 |
$62,000 | $133,000 |
$59,000 | $80,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
7 | $1,817,000 |
$259,000 | $669,000 |
$0 | $0 |
| Not Provided |
1 | $95,000 |
$95,000 | $95,000 |
$0 | $0 |
| White |
494 | $29,100,000 |
$58,000 | $672,000 |
$80,000 | $1,321,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
530 | $32,356,000 |
$61,000 | $672,000 |
$78,000 | $1,321,000 |
| 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 |
36 | $1,867,000 |
$51,000 | $300,000 |
$76,000 | $374,000 |
| Application Denied By Financial Institution |
142 | $6,607,000 |
$46,000 | $270,000 |
$54,000 | $260,000 |
| Application Withdrawn By Applicant |
17 | $1,391,000 |
$81,000 | $669,000 |
$66,000 | $182,000 |
| File Closed For Incompleteness |
5 | $269,000 |
$53,000 | $92,000 |
$75,000 | $168,000 |
| Loan Originated |
330 | $22,222,000 |
$67,000 | $672,000 |
$90,000 | $1,321,000 |
| 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 |
28 | $1,488,000 |
$53,000 | $260,000 |
$60,000 | $140,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
53 | $1,919,000 |
$36,000 | $175,000 |
$42,000 | $107,000 |
| Debt-To-Income Ratio |
49 | $2,413,000 |
$49,000 | $270,000 |
$52,000 | $150,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $233,000 |
$116,000 | $192,000 |
$31,000 | $51,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
7 | $363,000 |
$51,000 | $123,000 |
$131,000 | $260,000 |
| Unverifiable Information |
1 | $50,000 |
$50,000 | $50,000 |
$98,000 | $98,000 |
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Mortgage Loan App Totals for ALLEGHENY VALLEY BANK OF PGH by:
Metropolitan Area And
County
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