Forest County, PA Mortgage Lenders & HMDA Data, 2007

In 2007, lenders reported 266 mortgage applications in Forest County, PA totaling $16.9 million, down 26% from 2006. The average application was for $63,000, and applicants reported an average income of $52,000. 40% of applications resulted in an originated loan and 42% were denied. The most active lender was Northwest Bank, with 56 applications, followed by Beneficial Company LLC and Nationstar Mortgage.

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Total Number of Mortgage Applications 266
Total Mortgage Loan Application Amount $16,872,000
Average Mortgage Loan Application Amount $63,000
Highest Mortgage Loan Application Amount $225,000
Average Applicant Income $52,000
Highest Applicant Income $270,000

Mortgage Company List for Lending in Forest County, PA for 2007

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Northwest Bank
100 LIBERTY STREET
WARREN, PA 16365
* $ 6,564,717,000 56 $ 2,231,000
Beneficial Company LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 55 $ 3,560,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 14 $ 1,182,000
National City Bank
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 134,344,792,000 12 $ 991,000
S&T Bank
800 PHILADELPHIA STREET PO BOX 190
INDIANA, PA 15701
* $ 3,281,985,000 9 $ 531,000
First National Bank of Pa
166 MAIN ST
GREENVILLE, PA 16125
* $ 5,843,003,000 7 $ 345,000
Countrywide Home Loans
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 199,946,230,000 6 $ 472,000
Eloan
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 6 $ 450,000
Countrywide Bank FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 92,836,714,000 5 $ 380,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 5 $ 169,000
Wells Fargo Fin'l Pennsylvania
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 5 $ 260,000
Sky Bank C/O Huntington Bank
137 CLOUGH ST.
BOWLING GREEN, OH 43402
* $ 17,532,058,000 5 $ 269,000
Amtrust Bank
1801 E. 9TH ST #200
CLEVELAND, OH 44114
* $ 18,091,851,000 4 $ 240,000
First Commonwealth Bank
PO BOX 400
INDIANA, PA 15701
* $ 5,982,963,000 3 $ 255,000
Citizens Bank of Pennsylvania
1701 JOHN F. KENNEDY BOULEVARD
PHILADELPHIA, PA 19103
* $ 34,417,990,000 3 $ 74,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,179,390,000,000 3 $ 184,000
Abn Amro Mtg Group Inc
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 250,000,000 3 $ 116,000
Citifinancial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 3 $ 120,000
Novastar Mortgage
2114 CENTRAL SUITE 600
KANSAS CITY, MO 64108
* $ 10,000,000 3 $ 309,000
Bank of America, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,196,123,794,000 3 $ 280,000
Wilmington Finance, Inc.
620 W GERMANTOWN RD
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 2 $ 225,000
Wells Fargo Bank, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 398,671,000,000 2 $ 154,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 52,671,972,000 2 $ 201,000
Hfc Company LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 2 $ 147,000
H&R Block Mortgage Corporation
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 2 $ 117,000
Pennsylvania State Employees Credit Union
PO BOX 67013
HARRISBURG, PA 17110
* $ 2,568,935,000 2 $ 97,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 2 $ 30,000
Calusa Investments, L.L.C.
P.O. BOX 710840
HERNDON, VA 20171
* $ 10,000,000 2 $ 436,000
The Cit Group/Consumer Finance
1 CIT DRIVE
LIVINGSTON, NJ 07039
* $ 10,000,000 2 $ 172,000
Residential Funding Corp. LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 1 $ 32,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 1 $ 103,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 1 $ 147,000
Franklin First Financial, Ltd
538 BROADHOLLOW ROAD
MELVILLE, NY 11747
* $ 36,249,000 1 $ 225,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 1 $ 55,000
Homecomings Financial LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 1 $ 31,000
Farm Credit of the Virginias, Aca
106 SANGERS LANE
STAUNTON, VA 24401
* $ 1,007,892,000,000 1 $ 30,000
Delta Funding Corporation
1000 WOODBURY ROAD
WOODBURY, NY 11797
* $ 31,000,000 1 $ 54,000
Accredited Home Lenders, Inc
15253 AVENUE OF SCIENCE BLDG 1
SAN DIEGO, CA 92128
* $ 10,000,000 1 $ 98,000
Popular Housing Services
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 12,000,000 1 $ 34,000
Indymac Bank, F.S.B.
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 28,740,902,000 1 $ 88,000
Cnb Bank
1 S SECOND STREET
CLEARFIELD, PA 16830
* $ 767,293,000 1 $ 52,000
E*Trade Bank
671 NORTH GLEBE RD, 12TH FLOOR
ARLINGTON, VA 22203
* $ 41,551,082,000 1 $ 47,000
Flagstar Bank
5151 CORPORATE DR
TROY, MI 48098
* $ 15,464,820,000 1 $ 55,000
Home Loan Investment Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 254,471,000 1 $ 34,000
State Farm Bank
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 13,489,917,000 1 $ 30,000
First Franklin Financial Corp
2150 NORTH FIRST STREET
SAN JOSE, CA 95131
* $ 14,004,000 1 $ 65,000
Pittsburgh Firefighters' Federal Credit Union
500 S. MAIN STREET
PITTSBURGH, PA 15220
* $ 60,240,000 1 $ 27,000
A K Valley Federal Credit Unio
3271 LEECHBURG ROAD
LOWER BURRELL, PA 15068
* $ 49,416,000 1 $ 10,000
Equity One
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 21,874,000,000 1 $ 125,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 1 $ 147,000
M&T Bank
1 M&T PLAZA -15TH FLOOR
BUFFALO, NY 14203
* $ 56,382,388,000 1 $ 23,000
Citibank, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 1 $ 45,000
Mars National Bank
P O BOX 927
MARS, PA 16046
* $ 274,407,000 1 $ 72,000
The Huntington National Bank
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 34,914,009,000 1 $ 125,000
Nextier Bank, NA
245 PITTSBURGH ROAD
BUTLER, PA 16001
* $ 476,878,000 1 $ 98,000
Resmae Mortgage Corporation
6 POINTE DRIVE
BREA, CA 92821
* $ 10,000,000 1 $ 225,000
First Tennessee Bank NA
165 MADISON 5TH FLOOR
MEMPHIS, TN 38103
* $ 37,608,492,000 1 $ 92,000
Chase Manhattan Bank USA, NA
200 WHITE CLAY CENTER DR
NEWARK, DE 19711
* $ 83,973,505,000 1 $ 72,000
Metlife Bank, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 7,246,804,000 1 $ 46,000
South Central Bank, National Association
525 W ROOSEVELT RD
CHICAGO, IL 60607
* $ 201,377,000 1 $ 8,000
Rbs Citizens, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 17,125,177,000 1 $ 110,000
Citimortgage, Inc
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 1 $ 72,000
HSBC Mortgage Corp
2929 WALDEN AVE
DEPEW, NY 14043
* $ 92,958,000 1 $ 40,000
Capital One Home Loans, LLC
12800 FOSTER STREET
OVERLAND PARK, KS 66213
* $ 88,701,411,000 1 $ 44,000

The tables below break down 2007 mortgage applications in Forest County, PA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Forest County, PA in 2007

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 151 $11,009,000 $72,000 $225,000 $45,000 $155,000
Home Purchase 67 $3,897,000 $58,000 $214,000 $65,000 $270,000
Home Improvement 48 $1,966,000 $40,000 $150,000 $53,000 $245,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 207 $13,372,000 $64,000 $225,000 $51,000 $270,000
Not Provided 54 $3,303,000 $61,000 $225,000 $56,000 $150,000
Not applicable 2 $63,000 $31,000 $32,000 $0 $0
Hispanic 2 $59,000 $29,000 $32,000 $40,000 $55,000
Black or African American 1 $75,000 $75,000 $75,000 $16,000 $16,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 264 $16,785,000 $63,000 $225,000 $52,000 $270,000
FHA-insured (Federal Housing Administration) 2 $87,000 $43,000 $79,000 $49,000 $64,000
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

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Application Denied By Financial Institution 113 $7,445,000 $65,000 $214,000 $46,000 $245,000
Loan Originated 106 $5,790,000 $54,000 $214,000 $58,000 $270,000
Application Withdrawn By Applicant 18 $1,476,000 $82,000 $225,000 $60,000 $155,000
Application Approved But Not Accepted 13 $980,000 $75,000 $225,000 $42,000 $97,000
File Closed For Incompleteness 8 $609,000 $76,000 $222,000 $33,000 $60,000
Loan Purchased By The Institution 8 $572,000 $71,000 $147,000 $56,000 $186,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 17 $910,000 $53,000 $180,000 $42,000 $87,000
Collateral 13 $916,000 $70,000 $127,000 $47,000 $165,000
Debt-To-Income Ratio 4 $400,000 $100,000 $214,000 $33,000 $84,000
Other 4 $186,000 $46,000 $77,000 $34,000 $57,000
Insufficient Cash (Downpayment, Closing Cost) 1 $120,000 $120,000 $120,000 $44,000 $44,000
Credit Application Incomplete 1 $36,000 $36,000 $36,000 $245,000 $245,000
Employment History 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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