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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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WEST PENN FINANCIAL SERVICE CE
Mortgage Loans and Application Details
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| Mortgage Company Name |
WEST PENN FINANCIAL SERVICE CE |
| Address | 1800 SMALLMAN STREET
PITTSBURGH, PA 15222 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,447 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $135,517,000 |
| Average Mortgage Loan Amount Applied For | $97,944 |
| Highest Mortgage Loan Amount Applied For | $417,000 |
| Average Applicant Income | $60,611 |
| Highest Applicant Income | $479,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,392 | $130,372,000 |
$93,000 | $417,000 |
$59,000 | $479,000 |
| Refinancing |
58 | $5,421,000 |
$93,000 | $407,000 |
$63,000 | $454,000 |
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| American Indian or Alaskan Native |
2 | $180,000 |
$90,000 | $152,000 |
$39,000 | $49,000 |
| Asian |
25 | $2,680,000 |
$107,000 | $306,000 |
$74,000 | $160,000 |
| Black or African American |
52 | $4,419,000 |
$84,000 | $417,000 |
$43,000 | $165,000 |
| Hispanic |
7 | $833,000 |
$119,000 | $299,000 |
$64,000 | $197,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
137 | $12,708,000 |
$92,000 | $417,000 |
$67,000 | $270,000 |
| White |
1,227 | $114,973,000 |
$93,000 | $417,000 |
$59,000 | $479,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
964 | $88,524,000 |
$91,000 | $417,000 |
$66,000 | $479,000 |
| FHA-insured (Federal Housing Administration) |
432 | $41,498,000 |
$96,000 | $247,000 |
$46,000 | $136,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
4 | $345,000 |
$86,000 | $153,000 |
$70,000 | $131,000 |
| VA-guaranteed (Veterans Administration) |
50 | $5,426,000 |
$108,000 | $245,000 |
$48,000 | $100,000 |
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| Application Approved But Not Accepted |
13 | $927,000 |
$71,000 | $132,000 |
$40,000 | $63,000 |
| Application Denied By Financial Institution |
31 | $2,428,000 |
$78,000 | $212,000 |
$45,000 | $119,000 |
| Application Withdrawn By Applicant |
125 | $11,322,000 |
$90,000 | $416,000 |
$63,000 | $270,000 |
| File Closed For Incompleteness |
1 | $329,000 |
$329,000 | $329,000 |
$153,000 | $153,000 |
| Loan Originated |
1,280 | $120,787,000 |
$94,000 | $417,000 |
$59,000 | $479,000 |
| 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 |
8 | $462,000 |
$57,000 | $169,000 |
$53,000 | $119,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $216,000 |
$108,000 | $135,000 |
$46,000 | $62,000 |
| Debt-To-Income Ratio |
4 | $257,000 |
$64,000 | $134,000 |
$48,000 | $107,000 |
| Employment History |
1 | $67,000 |
$67,000 | $67,000 |
$30,000 | $30,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $117,000 |
$58,000 | $67,000 |
$25,000 | $27,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $130,000 |
$65,000 | $104,000 |
$52,000 | $52,000 |
| Unverifiable Information |
2 | $152,000 |
$76,000 | $78,000 |
$29,000 | $33,000 |
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Mortgage Loan App Totals for WEST PENN FINANCIAL SERVICE CE by:
Metropolitan Area And
County
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