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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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ALLIANCE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
ALLIANCE BANK |
| Address | 541 LAWRENCE ROAD
BROOMALL, PA 19008 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 283 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $32,944,000 |
| Average Mortgage Loan Amount Applied For | $145,400 |
| Highest Mortgage Loan Amount Applied For | $772,000 |
| Average Applicant Income | $111,500 |
| Highest Applicant Income | $850,000 |
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| Home Improvement |
106 | $6,489,000 |
$61,000 | $600,000 |
$86,000 | $456,000 |
| Home Purchase |
82 | $16,569,000 |
$202,000 | $772,000 |
$90,000 | $337,000 |
| Refinancing |
95 | $9,886,000 |
$104,000 | $525,000 |
$89,000 | $850,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
18 | $1,726,000 |
$95,000 | $388,000 |
$75,000 | $456,000 |
| Black or African American |
9 | $1,428,000 |
$158,000 | $385,000 |
$62,000 | $135,000 |
| Hispanic |
2 | $643,000 |
$321,000 | $380,000 |
$97,000 | $125,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
10 | $906,000 |
$90,000 | $325,000 |
$17,000 | $114,000 |
| Not Provided |
10 | $1,034,000 |
$103,000 | $300,000 |
$80,000 | $324,000 |
| White |
234 | $27,207,000 |
$116,000 | $772,000 |
$94,000 | $850,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
283 | $32,944,000 |
$116,000 | $772,000 |
$88,000 | $850,000 |
| 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 |
4 | $422,000 |
$105,000 | $336,000 |
$58,000 | $88,000 |
| Application Denied By Financial Institution |
16 | $1,750,000 |
$109,000 | $362,000 |
$54,000 | $98,000 |
| Application Withdrawn By Applicant |
26 | $3,856,000 |
$148,000 | $366,000 |
$81,000 | $456,000 |
| File Closed For Incompleteness |
6 | $946,000 |
$157,000 | $384,000 |
$132,000 | $240,000 |
| Loan Originated |
231 | $25,970,000 |
$112,000 | $772,000 |
$91,000 | $850,000 |
| 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 |
1 | $40,000 |
$40,000 | $40,000 |
$74,000 | $74,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $456,000 |
$152,000 | $296,000 |
$86,000 | $92,000 |
| Debt-To-Income Ratio |
12 | $1,254,000 |
$104,000 | $362,000 |
$45,000 | $98,000 |
| 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 ALLIANCE BANK by:
Metropolitan Area And
County
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