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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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NOVA SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
NOVA SAVINGS BANK |
| Address | 1535 LOCUST STREET
PHILADELPHIA, PA 19102 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 119 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $20,077,000 |
| Average Mortgage Loan Amount Applied For | $269,526 |
| Highest Mortgage Loan Amount Applied For | $1,850,000 |
| Average Applicant Income | $110,736 |
| Highest Applicant Income | $2,200,000 |
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| Home Improvement |
24 | $3,635,000 |
$151,000 | $1,850,000 |
$189,000 | $2,200,000 |
| Home Purchase |
46 | $8,471,000 |
$184,000 | $1,620,000 |
$88,000 | $713,000 |
| Refinancing |
49 | $7,971,000 |
$162,000 | $1,400,000 |
$87,000 | $340,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
4 | $273,000 |
$68,000 | $113,000 |
$30,000 | $50,000 |
| Black or African American |
5 | $265,000 |
$53,000 | $100,000 |
$34,000 | $56,000 |
| Hispanic |
5 | $767,000 |
$153,000 | $380,000 |
$23,000 | $60,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $95,000 |
$95,000 | $95,000 |
$61,000 | $61,000 |
| Not applicable |
30 | $5,183,000 |
$172,000 | $1,275,000 |
$0 | $0 |
| Not Provided |
2 | $205,000 |
$102,000 | $125,000 |
$47,000 | $94,000 |
| White |
72 | $13,289,000 |
$184,000 | $1,850,000 |
$171,000 | $2,200,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
119 | $20,077,000 |
$168,000 | $1,850,000 |
$108,000 | $2,200,000 |
| 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 |
4 | $660,000 |
$165,000 | $450,000 |
$195,000 | $324,000 |
| Application Denied By Financial Institution |
13 | $2,601,000 |
$200,000 | $1,850,000 |
$58,000 | $222,000 |
| Application Withdrawn By Applicant |
7 | $1,972,000 |
$281,000 | $1,400,000 |
$111,000 | $272,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
95 | $14,844,000 |
$156,000 | $1,620,000 |
$111,000 | $2,200,000 |
| 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 |
1 | $40,000 |
$40,000 | $40,000 |
$130,000 | $130,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
8 | $496,000 |
$62,000 | $125,000 |
$38,000 | $75,000 |
| Debt-To-Income Ratio |
4 | $2,065,000 |
$516,000 | $1,850,000 |
$79,000 | $222,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for NOVA SAVINGS BANK by:
Metropolitan Area And
County
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