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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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NAZARETH BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
NAZARETH BANK |
| Address | 76 SOUTH MAIN ST
NAZARETH, PA 18064 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 1,265 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $107,871,000 |
| Average Mortgage Loan Amount Applied For | $134,888 |
| Highest Mortgage Loan Amount Applied For | $700,000 |
| Average Applicant Income | $112,222 |
| Highest Applicant Income | $1,072,000 |
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| Home Improvement (one-to-four family) |
259 | $7,240,000 |
$49,500 | $127,000 |
$78,500 | $480,000 |
| Home Purchase (one-to-four family) |
235 | $29,543,000 |
$90,500 | $666,000 |
$53,500 | $639,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
1 | $170,000 |
$170,000 | $170,000 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
770 | $70,918,000 |
$150,500 | $700,000 |
$141,000 | $1,072,000 |
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| American Indian or Alaskan Native |
1 | $64,000 |
$64,000 | $64,000 |
$72,000 | $72,000 |
| Asian or Pacific Islander |
8 | $762,000 |
$95,000 | $260,000 |
$77,000 | $246,000 |
| Black |
24 | $2,554,000 |
$106,000 | $263,000 |
$68,000 | $198,000 |
| Hispanic |
66 | $3,832,000 |
$92,000 | $252,000 |
$103,500 | $321,000 |
| Information not provided by applicant in mail or telephone application |
7 | $375,000 |
$53,000 | $115,000 |
$49,000 | $88,000 |
| Not applicable |
3 | $181,000 |
$60,000 | $126,000 |
$0 | $0 |
| Other |
12 | $792,000 |
$66,000 | $276,000 |
$98,000 | $225,000 |
| White |
1,144 | $99,311,000 |
$119,000 | $700,000 |
$111,500 | $1,072,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,265 | $107,871,000 |
$116,000 | $700,000 |
$110,000 | $1,072,000 |
| 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 |
11 | $1,015,000 |
$92,000 | $236,000 |
$82,000 | $329,000 |
| Application Denied By Financial Institution |
130 | $10,781,000 |
$50,500 | $300,000 |
$49,000 | $480,000 |
| Application Withdrawn By Applicant |
90 | $9,537,000 |
$105,000 | $323,000 |
$94,000 | $427,000 |
| File Closed For Incompleteness |
55 | $6,157,000 |
$111,000 | $263,000 |
$59,000 | $350,000 |
| Loan Originated |
953 | $80,134,000 |
$126,500 | $700,000 |
$124,000 | $1,072,000 |
| Loan Purchased By The Institution |
26 | $247,000 |
$9,000 | $46,000 |
$25,000 | $38,000 |
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| Collateral |
11 | $880,000 |
$80,000 | $300,000 |
$75,000 | $189,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
56 | $5,100,000 |
$91,000 | $253,000 |
$64,000 | $480,000 |
| Debt-To-Income Ratio |
43 | $3,636,000 |
$84,000 | $234,000 |
$43,000 | $132,000 |
| Employment History |
3 | $208,000 |
$69,000 | $82,000 |
$36,000 | $62,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $146,000 |
$146,000 | $146,000 |
$60,000 | $60,000 |
| Mortgage Insurance Denied |
1 | $50,000 |
$50,000 | $50,000 |
$40,000 | $40,000 |
| Other |
15 | $761,000 |
$35,500 | $214,000 |
$47,500 | $84,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for NAZARETH BANK by:
Metropolitan Area And
County
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