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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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THE PROVIDENT BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE PROVIDENT BANK |
| Address | 830 BERGEN AVE.
JERSEY CITY, NJ 07306 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,746 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $418,196,000 |
| Average Mortgage Loan Amount Applied For | $305,166 |
| Highest Mortgage Loan Amount Applied For | $6,700,000 |
| Average Applicant Income | $137,880 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
742 | $51,682,000 |
$69,000 | $6,000,000 |
$88,000 | $1,041,000 |
| Home Purchase |
503 | $133,982,000 |
$266,000 | $6,700,000 |
$106,000 | $2,258,000 |
| Refinancing |
1,508 | $234,476,000 |
$155,000 | $6,700,000 |
$105,000 | $9,999,000 |
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| American Indian or Alaskan Native |
9 | $2,091,000 |
$232,000 | $500,000 |
$92,000 | $178,000 |
| Asian |
233 | $40,761,000 |
$174,000 | $3,500,000 |
$148,000 | $9,999,000 |
| Black or African American |
134 | $19,647,000 |
$146,000 | $600,000 |
$78,000 | $429,000 |
| Hispanic |
354 | $54,402,000 |
$153,000 | $875,000 |
$74,000 | $765,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $1,387,000 |
$231,000 | $432,000 |
$101,000 | $195,000 |
| Not applicable |
7 | $27,380,000 |
$3,911,000 | $6,700,000 |
$0 | $0 |
| Not Provided |
244 | $26,055,000 |
$106,000 | $643,000 |
$97,000 | $590,000 |
| White |
1,766 | $248,417,000 |
$140,000 | $1,690,000 |
$102,000 | $2,258,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,731 | $414,594,000 |
$151,000 | $6,700,000 |
$101,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
22 | $5,546,000 |
$252,000 | $457,000 |
$72,000 | $140,000 |
| 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 |
172 | $18,403,000 |
$106,000 | $555,000 |
$86,000 | $353,000 |
| Application Denied By Financial Institution |
495 | $74,566,000 |
$150,000 | $3,500,000 |
$108,000 | $9,999,000 |
| Application Withdrawn By Applicant |
79 | $13,473,000 |
$170,000 | $1,125,000 |
$121,000 | $1,020,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,808 | $255,033,000 |
$141,000 | $6,700,000 |
$98,000 | $2,258,000 |
| Loan Purchased By The Institution |
192 | $56,721,000 |
$295,000 | $1,380,000 |
$109,000 | $1,219,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
7 | $1,944,000 |
$277,000 | $410,000 |
$75,000 | $175,000 |
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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 THE PROVIDENT BANK by:
Metropolitan Area And
County
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