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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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FIRST RESOURCE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST RESOURCE BANK |
| Address | 101 MARCHWOOD ROAD
EXTON, PA 19341 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 44 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,191,000 |
| Average Mortgage Loan Amount Applied For | $75,250 |
| Highest Mortgage Loan Amount Applied For | $600,000 |
| Average Applicant Income | $114,750 |
| Highest Applicant Income | $1,400,000 |
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| Home Improvement |
5 | $195,000 |
$39,000 | $62,000 |
$57,000 | $127,000 |
| Home Purchase |
19 | $2,360,000 |
$124,000 | $600,000 |
$93,000 | $247,000 |
| Refinancing |
20 | $2,636,000 |
$131,000 | $469,000 |
$178,000 | $1,400,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $72,000 |
$72,000 | $72,000 |
$162,000 | $162,000 |
| Black or African American |
2 | $357,000 |
$178,000 | $264,000 |
$162,000 | $277,000 |
| Hispanic |
3 | $287,000 |
$95,000 | $130,000 |
$83,000 | $115,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
9 | $843,000 |
$93,000 | $208,000 |
$12,000 | $114,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
29 | $3,632,000 |
$125,000 | $600,000 |
$164,000 | $1,400,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
44 | $5,191,000 |
$117,000 | $600,000 |
$127,000 | $1,400,000 |
| 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 |
1 | $19,000 |
$19,000 | $19,000 |
$69,000 | $69,000 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
43 | $5,172,000 |
$120,000 | $600,000 |
$128,000 | $1,400,000 |
| 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 FIRST RESOURCE BANK by:
Metropolitan Area And
County
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