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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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WILLOW FINANCIAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
WILLOW FINANCIAL BANK |
| Address | 170 S. WARNER ROAD
WAYNE, PA 19087 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 793 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $111,214,000 |
| Average Mortgage Loan Amount Applied For | $229,242 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $67,939 |
| Highest Applicant Income | $2,263,000 |
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| Home Improvement |
262 | $11,276,000 |
$43,000 | $215,000 |
$93,000 | $739,000 |
| Home Purchase |
182 | $45,271,000 |
$248,000 | $1,000,000 |
$93,000 | $2,263,000 |
| Refinancing |
351 | $54,979,000 |
$156,000 | $1,000,000 |
$85,000 | $599,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
22 | $2,980,000 |
$135,000 | $464,000 |
$83,000 | $211,000 |
| Black or African American |
33 | $5,975,000 |
$181,000 | $480,000 |
$43,000 | $178,000 |
| Hispanic |
16 | $1,985,000 |
$124,000 | $372,000 |
$112,000 | $241,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $90,000 |
$45,000 | $50,000 |
$115,000 | $178,000 |
| Not applicable |
58 | $9,253,000 |
$159,000 | $461,000 |
$7,000 | $400,000 |
| Not Provided |
21 | $3,437,000 |
$163,000 | $750,000 |
$139,000 | $560,000 |
| White |
643 | $87,806,000 |
$136,000 | $1,000,000 |
$98,000 | $2,263,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
795 | $111,526,000 |
$140,000 | $1,000,000 |
$90,000 | $2,263,000 |
| 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 |
24 | $4,233,000 |
$176,000 | $435,000 |
$75,000 | $172,000 |
| Application Denied By Financial Institution |
105 | $10,903,000 |
$103,000 | $620,000 |
$67,000 | $400,000 |
| Application Withdrawn By Applicant |
36 | $3,983,000 |
$110,000 | $700,000 |
$115,000 | $599,000 |
| File Closed For Incompleteness |
6 | $414,000 |
$69,000 | $165,000 |
$67,000 | $118,000 |
| Loan Originated |
518 | $67,817,000 |
$130,000 | $1,000,000 |
$112,000 | $2,263,000 |
| Loan Purchased By The Institution |
104 | $23,864,000 |
$229,000 | $762,000 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
2 | $312,000 |
$156,000 | $182,000 |
$34,000 | $42,000 |
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| Collateral |
11 | $1,013,000 |
$92,000 | $250,000 |
$82,000 | $132,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
22 | $1,942,000 |
$88,000 | $248,000 |
$71,000 | $159,000 |
| Debt-To-Income Ratio |
59 | $6,652,000 |
$112,000 | $620,000 |
$54,000 | $133,000 |
| Employment History |
2 | $134,000 |
$67,000 | $100,000 |
$20,000 | $32,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
11 | $1,089,000 |
$99,000 | $190,000 |
$100,000 | $400,000 |
| Unverifiable Information |
2 | $385,000 |
$192,000 | $360,000 |
$144,000 | $256,000 |
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Mortgage Loan App Totals for WILLOW FINANCIAL BANK by:
Metropolitan Area And
County
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