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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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BANK OF LANCASTER COUNTY, N.A.
Mortgage Loans and Application Details
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| Mortgage Company Name |
BANK OF LANCASTER COUNTY, N.A. |
| Address | 1097 COMMERCIAL AVE
EAST PETERSBURG, PA 17520 |
| 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 | 1,451 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $109,773,000 |
| Average Mortgage Loan Amount Applied For | $229,500 |
| Highest Mortgage Loan Amount Applied For | $1,630,000 |
| Average Applicant Income | $104,142 |
| Highest Applicant Income | $869,000 |
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| Home Improvement |
595 | $17,098,000 |
$28,000 | $300,000 |
$64,000 | $767,000 |
| Home Purchase |
339 | $45,837,000 |
$135,000 | $1,630,000 |
$71,000 | $869,000 |
| Refinancing |
545 | $50,829,000 |
$93,000 | $750,000 |
$72,000 | $704,000 |
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| American Indian or Alaskan Native |
3 | $282,000 |
$94,000 | $200,000 |
$38,000 | $58,000 |
| Asian |
5 | $564,000 |
$112,000 | $360,000 |
$114,000 | $360,000 |
| Black or African American |
12 | $1,189,000 |
$99,000 | $211,000 |
$47,000 | $83,000 |
| Hispanic |
70 | $4,773,000 |
$68,000 | $339,000 |
$42,000 | $137,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
21 | $4,263,000 |
$203,000 | $1,630,000 |
$0 | $0 |
| Not Provided |
133 | $6,604,000 |
$49,000 | $440,000 |
$79,000 | $589,000 |
| White |
1,235 | $96,089,000 |
$77,000 | $868,000 |
$70,000 | $869,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,479 | $113,764,000 |
$76,000 | $1,630,000 |
$68,000 | $869,000 |
| 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 |
51 | $3,887,000 |
$76,000 | $308,000 |
$88,000 | $293,000 |
| Application Denied By Financial Institution |
150 | $11,196,000 |
$74,000 | $578,000 |
$55,000 | $192,000 |
| Application Withdrawn By Applicant |
75 | $7,447,000 |
$99,000 | $1,630,000 |
$89,000 | $767,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,177 | $87,290,000 |
$74,000 | $868,000 |
$68,000 | $869,000 |
| 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 |
26 | $3,944,000 |
$151,000 | $380,000 |
$39,000 | $126,000 |
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| Collateral |
14 | $1,388,000 |
$99,000 | $258,000 |
$84,000 | $192,000 |
| Credit Application Incomplete |
6 | $771,000 |
$128,000 | $203,000 |
$47,000 | $103,000 |
| Credit History |
90 | $6,325,000 |
$70,000 | $380,000 |
$45,000 | $126,000 |
| Debt-To-Income Ratio |
57 | $5,117,000 |
$89,000 | $440,000 |
$57,000 | $181,000 |
| Employment History |
2 | $390,000 |
$195,000 | $340,000 |
$50,000 | $89,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $272,000 |
$272,000 | $272,000 |
$105,000 | $105,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $877,000 |
$146,000 | $578,000 |
$45,000 | $91,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for BANK OF LANCASTER COUNTY, N.A. by:
Metropolitan Area And
County
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