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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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REPUBLIC FIRST BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
REPUBLIC FIRST BANK |
| Address | 1608 WALNUT STREET, 4TH FLOOR
PHILADELPHIA, PA 19103 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 140 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $50,035,000 |
| Average Mortgage Loan Amount Applied For | $325,454 |
| Highest Mortgage Loan Amount Applied For | $6,800,000 |
| Average Applicant Income | $105,363 |
| Highest Applicant Income | $661,000 |
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| Home Improvement |
12 | $4,680,000 |
$390,000 | $2,714,000 |
$151,000 | $588,000 |
| Home Purchase |
73 | $25,601,000 |
$350,000 | $4,250,000 |
$14,000 | $404,000 |
| Refinancing |
55 | $19,754,000 |
$359,000 | $6,800,000 |
$122,000 | $661,000 |
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| American Indian or Alaskan Native |
1 | $152,000 |
$152,000 | $152,000 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
2 | $140,000 |
$70,000 | $80,000 |
$111,000 | $198,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
86 | $31,707,000 |
$368,000 | $6,800,000 |
$0 | $0 |
| Not Provided |
3 | $305,000 |
$101,000 | $260,000 |
$158,000 | $265,000 |
| White |
48 | $17,731,000 |
$369,000 | $4,250,000 |
$185,000 | $661,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
140 | $50,035,000 |
$357,000 | $6,800,000 |
$68,000 | $661,000 |
| 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 | $1,125,000 |
$1,125,000 | $1,125,000 |
$236,000 | $236,000 |
| Application Denied By Financial Institution |
16 | $1,552,000 |
$97,000 | $236,000 |
$42,000 | $192,000 |
| Application Withdrawn By Applicant |
12 | $10,315,000 |
$859,000 | $4,250,000 |
$113,000 | $661,000 |
| File Closed For Incompleteness |
1 | $65,000 |
$65,000 | $65,000 |
$50,000 | $50,000 |
| Loan Originated |
110 | $36,978,000 |
$336,000 | $6,800,000 |
$66,000 | $588,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 REPUBLIC FIRST BANK by:
Metropolitan Area And
County
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