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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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CONTINENTAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CONTINENTAL BANK |
| Address | 620 WEST GERMANTOWN PIKE SUITE #350
PLYMOUTH MEETING, PA 19462 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 63 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $15,163,000 |
| Average Mortgage Loan Amount Applied For | $465,727 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $169,545 |
| Highest Applicant Income | $846,000 |
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| Home Improvement |
19 | $1,032,000 |
$54,000 | $250,000 |
$105,000 | $235,000 |
| Home Purchase |
8 | $8,297,000 |
$1,037,000 | $2,000,000 |
$359,000 | $846,000 |
| Refinancing |
36 | $5,834,000 |
$162,000 | $900,000 |
$121,000 | $501,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $80,000 |
$80,000 | $80,000 |
$112,000 | $112,000 |
| Black or African American |
1 | $60,000 |
$60,000 | $60,000 |
$53,000 | $53,000 |
| Hispanic |
2 | $210,000 |
$105,000 | $110,000 |
$291,000 | $501,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $2,000,000 |
$2,000,000 | $2,000,000 |
$0 | $0 |
| Not Provided |
4 | $1,980,000 |
$495,000 | $1,770,000 |
$267,000 | $846,000 |
| White |
54 | $10,833,000 |
$200,000 | $1,000,000 |
$137,000 | $681,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
63 | $15,163,000 |
$240,000 | $2,000,000 |
$147,000 | $846,000 |
| 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 |
5 | $340,000 |
$68,000 | $100,000 |
$63,000 | $82,000 |
| Application Withdrawn By Applicant |
4 | $251,000 |
$62,000 | $116,000 |
$117,000 | $283,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
41 | $2,855,000 |
$69,000 | $340,000 |
$115,000 | $501,000 |
| Loan Purchased By The Institution |
13 | $11,717,000 |
$901,000 | $2,000,000 |
$288,000 | $846,000 |
| 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 |
1 | $60,000 |
$60,000 | $60,000 |
$53,000 | $53,000 |
| Debt-To-Income Ratio |
2 | $160,000 |
$80,000 | $100,000 |
$75,000 | $82,000 |
| 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 |
1 | $20,000 |
$20,000 | $20,000 |
$60,000 | $60,000 |
| Unverifiable Information |
1 | $100,000 |
$100,000 | $100,000 |
$55,000 | $55,000 |
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Mortgage Loan App Totals for CONTINENTAL BANK by:
Metropolitan Area And
County
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