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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 QUAKERTOWN NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE QUAKERTOWN NATIONAL BANK |
| Address | PO BOX 9005
QUAKERTOWN, PA 18951 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 687 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $45,754,000 |
| Average Mortgage Loan Amount Applied For | $117,409 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $145,227 |
| Highest Applicant Income | $1,514,000 |
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| Home Improvement |
337 | $12,294,000 |
$36,000 | $250,000 |
$71,000 | $1,050,000 |
| Home Purchase |
119 | $15,621,000 |
$131,000 | $1,000,000 |
$87,000 | $1,514,000 |
| Refinancing |
235 | $18,778,000 |
$79,000 | $466,000 |
$73,000 | $950,000 |
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| American Indian or Alaskan Native |
3 | $100,000 |
$33,000 | $50,000 |
$77,000 | $107,000 |
| Asian |
4 | $115,000 |
$28,000 | $55,000 |
$106,000 | $142,000 |
| Black or African American |
2 | $85,000 |
$42,000 | $80,000 |
$59,000 | $84,000 |
| Hispanic |
2 | $75,000 |
$37,000 | $50,000 |
$61,000 | $71,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
49 | $6,246,000 |
$127,000 | $612,000 |
$0 | $0 |
| Not Provided |
1 | $30,000 |
$30,000 | $30,000 |
$100,000 | $100,000 |
| White |
630 | $40,042,000 |
$63,000 | $1,000,000 |
$80,000 | $1,514,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
691 | $46,693,000 |
$67,000 | $1,000,000 |
$74,000 | $1,514,000 |
| 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 |
31 | $2,112,000 |
$68,000 | $230,000 |
$72,000 | $288,000 |
| Application Denied By Financial Institution |
82 | $4,531,000 |
$55,000 | $367,000 |
$51,000 | $214,000 |
| Application Withdrawn By Applicant |
10 | $873,000 |
$87,000 | $220,000 |
$60,000 | $126,000 |
| File Closed For Incompleteness |
2 | $11,000 |
$5,000 | $6,000 |
$41,000 | $41,000 |
| Loan Originated |
566 | $39,166,000 |
$69,000 | $1,000,000 |
$78,000 | $1,514,000 |
| 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 |
5 | $319,000 |
$63,000 | $138,000 |
$73,000 | $133,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
41 | $1,480,000 |
$36,000 | $188,000 |
$51,000 | $131,000 |
| Debt-To-Income Ratio |
33 | $2,615,000 |
$79,000 | $367,000 |
$51,000 | $214,000 |
| 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 |
1 | $57,000 |
$57,000 | $57,000 |
$34,000 | $34,000 |
| Unverifiable Information |
2 | $60,000 |
$30,000 | $35,000 |
$7,000 | $15,000 |
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Mortgage Loan App Totals for THE QUAKERTOWN NATIONAL BANK by:
Metropolitan Area And
County
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