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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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MALVERN FEDERAL SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
MALVERN FEDERAL SAVINGS BANK |
| Address | 42 EAST LANCASTER AVENUE, P.O. BOX 485
PAOLI, PA 19301 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 528 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $49,358,000 |
| Average Mortgage Loan Amount Applied For | $122,272 |
| Highest Mortgage Loan Amount Applied For | $1,300,000 |
| Average Applicant Income | $129,727 |
| Highest Applicant Income | $704,000 |
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| Home Improvement |
102 | $4,158,000 |
$40,000 | $320,000 |
$91,000 | $318,000 |
| Home Purchase |
158 | $16,033,000 |
$101,000 | $506,000 |
$121,000 | $704,000 |
| Refinancing |
268 | $29,167,000 |
$108,000 | $1,300,000 |
$110,000 | $660,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
15 | $1,953,000 |
$130,000 | $417,000 |
$117,000 | $335,000 |
| Black or African American |
15 | $726,000 |
$48,000 | $93,000 |
$91,000 | $180,000 |
| Hispanic |
8 | $368,000 |
$46,000 | $78,000 |
$105,000 | $256,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $1,137,000 |
$189,000 | $506,000 |
$89,000 | $337,000 |
| Not Provided |
1 | $225,000 |
$225,000 | $225,000 |
$125,000 | $125,000 |
| White |
483 | $44,949,000 |
$93,000 | $1,300,000 |
$110,000 | $704,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
528 | $49,358,000 |
$93,000 | $1,300,000 |
$110,000 | $704,000 |
| 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 | $417,000 |
$417,000 | $417,000 |
$195,000 | $195,000 |
| Application Denied By Financial Institution |
14 | $1,746,000 |
$124,000 | $413,000 |
$90,000 | $345,000 |
| Application Withdrawn By Applicant |
12 | $976,000 |
$81,000 | $264,000 |
$135,000 | $319,000 |
| File Closed For Incompleteness |
1 | $260,000 |
$260,000 | $260,000 |
$0 | $0 |
| Loan Originated |
499 | $45,819,000 |
$91,000 | $1,300,000 |
$110,000 | $704,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $140,000 |
$140,000 | $140,000 |
$35,000 | $35,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
1 | $5,000 |
$5,000 | $5,000 |
$102,000 | $102,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $251,000 |
$62,000 | $197,000 |
$97,000 | $345,000 |
| Debt-To-Income Ratio |
8 | $1,465,000 |
$183,000 | $413,000 |
$91,000 | $225,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $25,000 |
$25,000 | $25,000 |
$46,000 | $46,000 |
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Mortgage Loan App Totals for MALVERN FEDERAL SAVINGS BANK by:
Metropolitan Area And
County
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