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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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THIRD FEDERAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THIRD FEDERAL BANK |
| Address | 3 PENNS TRAIL
NEWTOWN, PA 18940 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 829 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $91,112,000 |
| Average Mortgage Loan Amount Applied For | $191,290 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $144,645 |
| Highest Applicant Income | $1,371,000 |
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| Home Improvement |
356 | $19,730,000 |
$55,000 | $430,000 |
$78,000 | $1,030,000 |
| Home Purchase |
155 | $31,187,000 |
$201,000 | $1,000,000 |
$159,000 | $1,371,000 |
| Refinancing |
318 | $40,195,000 |
$126,000 | $950,000 |
$94,000 | $1,120,000 |
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| American Indian or Alaskan Native |
2 | $400,000 |
$200,000 | $380,000 |
$85,000 | $150,000 |
| Asian |
26 | $2,916,000 |
$112,000 | $350,000 |
$90,000 | $267,000 |
| Black or African American |
32 | $1,908,000 |
$59,000 | $248,000 |
$52,000 | $159,000 |
| Hispanic |
31 | $2,010,000 |
$64,000 | $248,000 |
$56,000 | $131,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
16 | $2,330,000 |
$145,000 | $375,000 |
$274,000 | $1,371,000 |
| Not Provided |
61 | $9,048,000 |
$148,000 | $650,000 |
$116,000 | $600,000 |
| White |
661 | $72,500,000 |
$109,000 | $1,000,000 |
$98,000 | $1,030,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
829 | $91,112,000 |
$109,000 | $1,000,000 |
$99,000 | $1,371,000 |
| 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 |
34 | $4,355,000 |
$128,000 | $508,000 |
$122,000 | $887,000 |
| Application Denied By Financial Institution |
143 | $12,865,000 |
$89,000 | $650,000 |
$78,000 | $1,030,000 |
| Application Withdrawn By Applicant |
44 | $8,308,000 |
$188,000 | $1,000,000 |
$90,000 | $502,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
608 | $65,584,000 |
$107,000 | $950,000 |
$104,000 | $1,371,000 |
| 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 |
31 | $3,564,000 |
$114,000 | $520,000 |
$108,000 | $718,000 |
| Credit Application Incomplete |
3 | $230,000 |
$76,000 | $100,000 |
$130,000 | $150,000 |
| Credit History |
46 | $2,707,000 |
$58,000 | $350,000 |
$76,000 | $1,030,000 |
| Debt-To-Income Ratio |
58 | $5,763,000 |
$99,000 | $650,000 |
$55,000 | $600,000 |
| Employment History |
1 | $146,000 |
$146,000 | $146,000 |
$267,000 | $267,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $455,000 |
$113,000 | $240,000 |
$104,000 | $130,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THIRD FEDERAL BANK by:
Metropolitan Area And
County
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