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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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NORTHWEST SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
NORTHWEST SAVINGS BANK |
| Address | PO BOX 128
WARREN, PA 16365 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 10,041 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $749,383,000 |
| Average Mortgage Loan Amount Applied For | $120,590 |
| Highest Mortgage Loan Amount Applied For | $1,596,000 |
| Average Applicant Income | $92,647 |
| Highest Applicant Income | $1,800,000 |
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| Home Improvement |
2,064 | $65,778,000 |
$31,000 | $700,000 |
$67,000 | $930,000 |
| Home Purchase |
3,502 | $385,125,000 |
$109,000 | $1,000,000 |
$77,000 | $1,800,000 |
| Refinancing |
4,475 | $298,480,000 |
$66,000 | $1,596,000 |
$67,000 | $655,000 |
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| American Indian or Alaskan Native |
9 | $602,000 |
$66,000 | $154,000 |
$51,000 | $122,000 |
| Asian |
56 | $8,551,000 |
$152,000 | $450,000 |
$111,000 | $354,000 |
| Black or African American |
84 | $6,146,000 |
$73,000 | $417,000 |
$64,000 | $250,000 |
| Hispanic |
135 | $8,891,000 |
$65,000 | $410,000 |
$66,000 | $310,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $210,000 |
$70,000 | $204,000 |
$76,000 | $131,000 |
| Not applicable |
71 | $10,844,000 |
$152,000 | $1,596,000 |
$0 | $58,000 |
| Not Provided |
1,277 | $68,420,000 |
$53,000 | $460,000 |
$74,000 | $1,000,000 |
| White |
8,406 | $645,719,000 |
$76,000 | $1,000,000 |
$71,000 | $1,800,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
9,986 | $744,961,000 |
$74,000 | $1,596,000 |
$71,000 | $1,800,000 |
| FHA-insured (Federal Housing Administration) |
16 | $1,279,000 |
$79,000 | $153,000 |
$46,000 | $78,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
16 | $923,000 |
$57,000 | $120,000 |
$28,000 | $45,000 |
| VA-guaranteed (Veterans Administration) |
23 | $2,220,000 |
$96,000 | $250,000 |
$47,000 | $119,000 |
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| Application Approved But Not Accepted |
292 | $24,997,000 |
$85,000 | $460,000 |
$70,000 | $424,000 |
| Application Denied By Financial Institution |
741 | $38,056,000 |
$51,000 | $619,000 |
$49,000 | $899,000 |
| Application Withdrawn By Applicant |
446 | $33,809,000 |
$75,000 | $735,000 |
$66,000 | $527,000 |
| File Closed For Incompleteness |
63 | $4,474,000 |
$71,000 | $400,000 |
$65,000 | $468,000 |
| Loan Originated |
8,499 | $648,047,000 |
$76,000 | $1,596,000 |
$73,000 | $1,800,000 |
| 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 |
157 | $9,569,000 |
$60,000 | $619,000 |
$57,000 | $899,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
328 | $13,237,000 |
$40,000 | $227,000 |
$46,000 | $247,000 |
| Debt-To-Income Ratio |
153 | $9,555,000 |
$62,000 | $537,000 |
$47,000 | $225,000 |
| Employment History |
20 | $525,000 |
$26,000 | $189,000 |
$43,000 | $124,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
5 | $283,000 |
$56,000 | $106,000 |
$41,000 | $65,000 |
| Mortgage Insurance Denied |
1 | $50,000 |
$50,000 | $50,000 |
$63,000 | $63,000 |
| Other |
36 | $2,400,000 |
$66,000 | $350,000 |
$49,000 | $106,000 |
| Unverifiable Information |
2 | $50,000 |
$25,000 | $42,000 |
$49,000 | $62,000 |
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Mortgage Loan App Totals for NORTHWEST SAVINGS BANK by:
Metropolitan Area And
County
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