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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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EAST PENN BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
EAST PENN BANK |
| Address | 731 CHESTNUT STREET P.O. BOX 869
EMMAUS, PA 18049 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 509 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $46,538,000 |
| Average Mortgage Loan Amount Applied For | $127,250 |
| Highest Mortgage Loan Amount Applied For | $1,890,000 |
| Average Applicant Income | $107,166 |
| Highest Applicant Income | $575,000 |
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| Home Improvement |
211 | $8,753,000 |
$41,000 | $413,000 |
$73,000 | $409,000 |
| Home Purchase |
109 | $20,624,000 |
$189,000 | $1,890,000 |
$99,000 | $575,000 |
| Refinancing |
189 | $17,161,000 |
$90,000 | $553,000 |
$76,000 | $445,000 |
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| American Indian or Alaskan Native |
2 | $75,000 |
$37,000 | $60,000 |
$58,000 | $77,000 |
| Asian |
4 | $575,000 |
$143,000 | $227,000 |
$57,000 | $148,000 |
| Black or African American |
5 | $438,000 |
$87,000 | $213,000 |
$58,000 | $87,000 |
| Hispanic |
16 | $2,151,000 |
$134,000 | $287,000 |
$192,000 | $469,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $262,000 |
$131,000 | $220,000 |
$50,000 | $101,000 |
| Not applicable |
11 | $3,925,000 |
$356,000 | $1,890,000 |
$110,000 | $530,000 |
| Not Provided |
6 | $653,000 |
$108,000 | $172,000 |
$37,000 | $139,000 |
| White |
463 | $38,459,000 |
$83,000 | $800,000 |
$77,000 | $575,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
509 | $46,538,000 |
$91,000 | $1,890,000 |
$80,000 | $575,000 |
| 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 |
16 | $2,610,000 |
$163,000 | $385,000 |
$60,000 | $116,000 |
| Application Denied By Financial Institution |
23 | $1,592,000 |
$69,000 | $367,000 |
$45,000 | $87,000 |
| Application Withdrawn By Applicant |
13 | $993,000 |
$76,000 | $300,000 |
$54,000 | $184,000 |
| File Closed For Incompleteness |
2 | $110,000 |
$55,000 | $90,000 |
$100,000 | $174,000 |
| Loan Originated |
455 | $41,233,000 |
$90,000 | $1,890,000 |
$83,000 | $575,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for EAST PENN BANK by:
Metropolitan Area And
County
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