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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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BENEFICIAL SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
BENEFICIAL SAVINGS BANK |
| Address | 530 WALNUT STREET
PHILADELPHIA, PA 19106 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,692 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $157,458,000 |
| Average Mortgage Loan Amount Applied For | $145,746 |
| Highest Mortgage Loan Amount Applied For | $4,350,000 |
| Average Applicant Income | $145,238 |
| Highest Applicant Income | $3,400,000 |
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| Home Improvement |
685 | $30,119,000 |
$43,000 | $500,000 |
$84,000 | $2,352,000 |
| Home Purchase |
293 | $55,653,000 |
$189,000 | $4,350,000 |
$90,000 | $3,400,000 |
| Refinancing |
849 | $89,317,000 |
$105,000 | $2,250,000 |
$94,000 | $1,075,000 |
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| American Indian or Alaskan Native |
9 | $490,000 |
$54,000 | $164,000 |
$44,000 | $142,000 |
| Asian |
65 | $8,237,000 |
$126,000 | $550,000 |
$111,000 | $1,140,000 |
| Black or African American |
247 | $12,413,000 |
$50,000 | $350,000 |
$51,000 | $2,352,000 |
| Hispanic |
96 | $4,800,000 |
$50,000 | $220,000 |
$42,000 | $250,000 |
| Native Hawaiin or Other Pacific Islander |
12 | $950,000 |
$79,000 | $325,000 |
$93,000 | $372,000 |
| Not applicable |
11 | $6,606,000 |
$600,000 | $4,350,000 |
$0 | $0 |
| Not Provided |
292 | $33,353,000 |
$114,000 | $2,300,000 |
$128,000 | $3,400,000 |
| White |
1,095 | $108,240,000 |
$98,000 | $2,680,000 |
$93,000 | $1,075,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,827 | $175,089,000 |
$95,000 | $4,350,000 |
$90,000 | $3,400,000 |
| 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 |
13 | $2,660,000 |
$204,000 | $419,000 |
$138,000 | $290,000 |
| Application Denied By Financial Institution |
383 | $19,737,000 |
$51,000 | $630,000 |
$65,000 | $2,352,000 |
| Application Withdrawn By Applicant |
197 | $18,835,000 |
$95,000 | $2,680,000 |
$105,000 | $1,140,000 |
| File Closed For Incompleteness |
4 | $451,000 |
$112,000 | $186,000 |
$51,000 | $96,000 |
| Loan Originated |
891 | $88,661,000 |
$99,000 | $4,350,000 |
$93,000 | $3,400,000 |
| Loan Purchased By The Institution |
204 | $27,114,000 |
$132,000 | $963,000 |
$133,000 | $1,000,000 |
| Preapproval Approved but not Accepted |
82 | $12,800,000 |
$156,000 | $472,000 |
$62,000 | $348,000 |
| Preapproval Denied by Financial Institution |
53 | $4,831,000 |
$91,000 | $210,000 |
$35,000 | $70,000 |
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| Collateral |
89 | $4,580,000 |
$51,000 | $630,000 |
$66,000 | $420,000 |
| Credit Application Incomplete |
6 | $1,078,000 |
$179,000 | $327,000 |
$42,000 | $81,000 |
| Credit History |
192 | $7,651,000 |
$39,000 | $210,000 |
$58,000 | $2,352,000 |
| Debt-To-Income Ratio |
80 | $5,778,000 |
$72,000 | $520,000 |
$51,000 | $384,000 |
| Employment History |
2 | $214,000 |
$107,000 | $119,000 |
$52,000 | $60,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
9 | $1,015,000 |
$112,000 | $156,000 |
$34,000 | $70,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
55 | $3,996,000 |
$72,000 | $500,000 |
$89,000 | $1,832,000 |
| Unverifiable Information |
2 | $192,000 |
$96,000 | $105,000 |
$17,000 | $35,000 |
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Mortgage Loan App Totals for BENEFICIAL SAVINGS BANK by:
Metropolitan Area And
County
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