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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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CITIZENS BANK OF PENNSYLVANIA
Mortgage Loans and Application Details
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| Mortgage Company Name |
CITIZENS BANK OF PENNSYLVANIA |
| Address | 2001 MARKET STREET
PHILADELPHIA, PA 19103 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 45,127 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,561,856,000 |
| Average Mortgage Loan Amount Applied For | $60,598 |
| Highest Mortgage Loan Amount Applied For | $4,900,000 |
| Average Applicant Income | $4,931 |
| Highest Applicant Income | $6,280,000 |
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| Home Improvement |
19,908 | $619,700,000 |
$31,000 | $2,500,000 |
$55,000 | $6,280,000 |
| Home Purchase |
9,221 | $574,893,000 |
$62,000 | $2,121,000 |
$13,000 | $2,090,000 |
| Refinancing |
15,998 | $1,367,263,000 |
$85,000 | $4,900,000 |
$58,000 | $3,622,000 |
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| American Indian or Alaskan Native |
98 | $6,202,000 |
$63,000 | $1,250,000 |
$62,000 | $335,000 |
| Asian |
1,166 | $90,309,000 |
$77,000 | $1,200,000 |
$83,000 | $1,920,000 |
| Black or African American |
4,290 | $116,464,000 |
$27,000 | $4,900,000 |
$43,000 | $6,280,000 |
| Hispanic |
1,487 | $52,778,000 |
$35,000 | $1,000,000 |
$47,000 | $803,000 |
| Native Hawaiin or Other Pacific Islander |
79 | $3,691,000 |
$46,000 | $215,000 |
$63,000 | $252,000 |
| Not applicable |
14,874 | $1,042,038,000 |
$70,000 | $2,121,000 |
$0 | $0 |
| Not Provided |
2,079 | $122,026,000 |
$58,000 | $1,297,000 |
$83,000 | $1,822,000 |
| White |
21,054 | $1,128,348,000 |
$53,000 | $2,000,000 |
$77,000 | $2,700,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
45,127 | $2,561,856,000 |
$56,000 | $4,900,000 |
$47,000 | $6,280,000 |
| 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 |
1,977 | $121,200,000 |
$61,000 | $860,000 |
$87,000 | $2,700,000 |
| Application Denied By Financial Institution |
12,759 | $556,644,000 |
$43,000 | $4,900,000 |
$55,000 | $6,280,000 |
| Application Withdrawn By Applicant |
55 | $3,440,000 |
$62,000 | $300,000 |
$74,000 | $275,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
15,465 | $839,206,000 |
$54,000 | $1,510,000 |
$82,000 | $2,377,000 |
| Loan Purchased By The Institution |
14,871 | $1,041,366,000 |
$70,000 | $2,121,000 |
$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 |
1,717 | $147,421,000 |
$85,000 | $1,100,000 |
$97,000 | $1,822,000 |
| Credit Application Incomplete |
105 | $6,423,000 |
$61,000 | $1,000,000 |
$66,000 | $400,000 |
| Credit History |
5,554 | $188,498,000 |
$33,000 | $4,900,000 |
$49,000 | $6,280,000 |
| Debt-To-Income Ratio |
3,435 | $156,373,000 |
$45,000 | $1,200,000 |
$43,000 | $920,000 |
| Employment History |
51 | $1,898,000 |
$37,000 | $151,000 |
$50,000 | $214,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $34,000 |
$34,000 | $34,000 |
$98,000 | $98,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1,365 | $26,759,000 |
$19,000 | $540,000 |
$57,000 | $1,920,000 |
| Unverifiable Information |
531 | $29,238,000 |
$55,000 | $1,200,000 |
$69,000 | $810,000 |
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Mortgage Loan App Totals for CITIZENS BANK OF PENNSYLVANIA by:
Metropolitan Area And
County
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