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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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BERKSHIRE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
BERKSHIRE BANK |
| Address | 1101 WOODLAND RD
WYOMISSING, PA 19610 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 186 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $22,332,000 |
| Average Mortgage Loan Amount Applied For | $120,000 |
| Highest Mortgage Loan Amount Applied For | $650,000 |
| Average Applicant Income | $84,800 |
| Highest Applicant Income | $532,000 |
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| Home Improvement |
21 | $717,000 |
$34,000 | $100,000 |
$70,000 | $162,000 |
| Home Purchase |
98 | $14,365,000 |
$146,000 | $650,000 |
$84,000 | $532,000 |
| Refinancing |
68 | $7,364,000 |
$108,000 | $480,000 |
$78,000 | $434,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
3 | $255,000 |
$85,000 | $180,000 |
$48,000 | $67,000 |
| Hispanic |
2 | $130,000 |
$65,000 | $96,000 |
$64,000 | $69,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
4 | $931,000 |
$232,000 | $650,000 |
$150,000 | $240,000 |
| White |
178 | $21,130,000 |
$118,000 | $487,000 |
$80,000 | $532,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
187 | $22,446,000 |
$120,000 | $650,000 |
$80,000 | $532,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
1 | $5,000 |
$5,000 | $5,000 |
$22,000 | $22,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
186 | $22,441,000 |
$120,000 | $650,000 |
$81,000 | $532,000 |
| 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 |
1 | $5,000 |
$5,000 | $5,000 |
$22,000 | $22,000 |
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Mortgage Loan App Totals for BERKSHIRE BANK by:
Metropolitan Area And
County
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