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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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POLONIA BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
POLONIA BANK |
| Address | 3993 HUNTINGDON PIKE
HUNTINGDON VALLEY, PA 19006 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 142 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $26,622,000 |
| Average Mortgage Loan Amount Applied For | $229,923 |
| Highest Mortgage Loan Amount Applied For | $1,100,000 |
| Average Applicant Income | $134,000 |
| Highest Applicant Income | $2,321,000 |
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| Home Improvement |
36 | $2,442,000 |
$67,000 | $190,000 |
$100,000 | $473,000 |
| Home Purchase |
65 | $16,679,000 |
$256,000 | $1,100,000 |
$173,000 | $2,321,000 |
| Refinancing |
41 | $7,501,000 |
$182,000 | $880,000 |
$94,000 | $351,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
5 | $1,122,000 |
$224,000 | $319,000 |
$123,000 | $230,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $140,000 |
$140,000 | $140,000 |
$97,000 | $97,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $880,000 |
$880,000 | $880,000 |
$351,000 | $351,000 |
| Not Provided |
18 | $2,711,000 |
$150,000 | $410,000 |
$155,000 | $1,354,000 |
| White |
117 | $21,769,000 |
$186,000 | $1,100,000 |
$127,000 | $2,321,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
142 | $26,622,000 |
$187,000 | $1,100,000 |
$132,000 | $2,321,000 |
| 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 |
2 | $216,000 |
$108,000 | $165,000 |
$53,000 | $67,000 |
| Application Denied By Financial Institution |
13 | $1,382,000 |
$106,000 | $390,000 |
$51,000 | $108,000 |
| Application Withdrawn By Applicant |
4 | $593,000 |
$148,000 | $300,000 |
$91,000 | $174,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
123 | $24,431,000 |
$198,000 | $1,100,000 |
$143,000 | $2,321,000 |
| 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 |
3 | $126,000 |
$42,000 | $90,000 |
$27,000 | $50,000 |
| Debt-To-Income Ratio |
8 | $994,000 |
$124,000 | $390,000 |
$52,000 | $108,000 |
| 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 |
2 | $262,000 |
$131,000 | $212,000 |
$81,000 | $82,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for POLONIA BANK by:
Metropolitan Area And
County
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