Continental Bank Mortgage Lending & HMDA Data, 2011

In 2011, Continental Bank of Plymouth Meeting, PA reported 1,201 mortgage applications totaling $262.7 million. The average application was for $218,756, and applicants reported an average income of $101,160. 73% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Philadelphia, PA (671), State College, PA (100) and Harrisburg-Carlisle, PA (93) (applications in parentheses).

Mortgage Company & Address Continental Bank
620 W. Germantown Pike Suite 350
Plymouth Meeting, PA 19462
Tel #: available with data download
Federal Regulator * available with data download
Years 2014  2013  2012  2011  
Total Number of Mortgage Applications 1,201
Total Mortgage Loan Application Amount $262,726,000
Average Mortgage Loan Application Amount $218,756
Highest Mortgage Loan Application Amount $2,000,000
Average Applicant Income $101,160
Highest Applicant Income $2,753,000

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Act (HMDA) records Continental Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Continental Bank by County in 2011

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Montgomery, Pennsylvania 303 $ 68,583,000 $ 226,346 $ 106,000
Philadelphia, Pennsylvania 155 $ 24,717,000 $ 159,464 $ 67,000
Centre, Pennsylvania 100 $ 17,441,000 $ 174,410 $ 72,000
Bucks, Pennsylvania 92 $ 27,370,000 $ 297,500 $ 124,000
Delaware, Pennsylvania 72 $ 15,325,000 $ 212,847 $ 90,000
Adams, Pennsylvania 69 $ 11,165,000 $ 161,811 $ 68,000
Chester, Pennsylvania 49 $ 17,592,000 $ 359,020 $ 197,000
Dauphin, Pennsylvania 49 $ 5,669,000 $ 115,693 $ 48,000
Cumberland, Pennsylvania 42 $ 6,594,000 $ 157,000 $ 63,000
Atlantic, New Jersey 34 $ 7,464,000 $ 219,529 $ 110,000
Cape May, New Jersey 27 $ 11,469,000 $ 424,777 $ 288,000
Northumberland, Pennsylvania 18 $ 2,008,000 $ 111,555 $ 54,000
York, Pennsylvania 18 $ 2,501,000 $ 138,944 $ 55,000
Franklin, Pennsylvania 15 $ 2,108,000 $ 140,533 $ 57,000
Juniata, Pennsylvania 15 $ 1,888,000 $ 125,866 $ 53,000
Berks, Pennsylvania 10 $ 1,750,000 $ 175,000 $ 59,000
Northampton, Pennsylvania 9 $ 1,932,000 $ 214,666 $ 103,000
Burlington, New Jersey 8 $ 1,763,000 $ 220,375 $ 86,000
Mifflin, Pennsylvania 8 $ 729,000 $ 91,125 $ 42,000
Mercer, New Jersey 7 $ 6,055,000 $ 865,000 $ 371,000
Monmouth, New Jersey 7 $ 2,362,000 $ 337,428 $ 148,000
Camden, New Jersey 6 $ 1,696,000 $ 282,666 $ 153,000
Morris, New Jersey 6 $ 2,039,000 $ 339,833 $ 270,000
Essex, New Jersey 5 $ 2,201,000 $ 440,200 $ 297,000
Passaic, New Jersey 5 $ 1,806,000 $ 361,200 $ 200,000
Columbia, Pennsylvania 5 $ 565,000 $ 113,000 $ 53,000
Snyder, Pennsylvania 5 $ 728,000 $ 145,600 $ 56,000
Clearfield, Pennsylvania 4 $ 284,000 $ 71,000 $ 32,000
New Castle, Delaware 3 $ 729,000 $ 243,000 $ 83,000
Carroll, Maryland 3 $ 651,000 $ 217,000 $ 78,000
Bergen, New Jersey 3 $ 993,000 $ 331,000 $ 110,000
Gloucester, New Jersey 3 $ 444,000 $ 148,000 $ 65,000
Middlesex, New Jersey 3 $ 1,078,000 $ 359,333 $ 135,000
Allegheny, Pennsylvania 3 $ 423,000 $ 141,000 $ 77,000
Lehigh, Pennsylvania 3 $ 582,000 $ 194,000 $ 53,000
Schuylkill, Pennsylvania 3 $ 166,000 $ 55,333 $ 30,000
Sussex, Delaware 2 $ 564,000 $ 282,000 $ 182,000
Frederick, Maryland 2 $ 511,000 $ 255,500 $ 91,000
Howard, Maryland 2 $ 434,000 $ 217,000 $ 182,000
Hudson, New Jersey 2 $ 1,350,000 $ 675,000 $ 454,000
Ocean, New Jersey 2 $ 2,175,000 $ 1,087,500 $ 430,000
Lancaster, Pennsylvania 2 $ 376,000 $ 188,000 $ 69,000
Perry, Pennsylvania 2 $ 220,000 $ 110,000 $ 35,000
Collier, Florida 1 $ 280,000 $ 280,000 $ 235,000
Wicomico, Maryland 1 $ 104,000 $ 104,000 $ 50,000
Cumberland, New Jersey 1 $ 283,000 $ 283,000 $ 208,000
Hunterdon, New Jersey 1 $ 378,000 $ 378,000 $ 242,000
Somerset, New Jersey 1 $ 1,340,000 $ 1,340,000 $ 390,000
Union, New Jersey 1 $ 580,000 $ 580,000 $ 506,000
Warren, New Jersey 1 $ 257,000 $ 257,000 $ 104,000
Blair, Pennsylvania 1 $ 133,000 $ 133,000 $ 50,000
Butler, Pennsylvania 1 $ 640,000 $ 640,000 $ 0
Carbon, Pennsylvania 1 $ 128,000 $ 128,000 $ 19,000
Fulton, Pennsylvania 1 $ 181,000 $ 181,000 $ 103,000
Huntingdon, Pennsylvania 1 $ 48,000 $ 48,000 $ 65,000
Luzerne, Pennsylvania 1 $ 117,000 $ 117,000 $ 61,000
Potter, Pennsylvania 1 $ 143,000 $ 143,000 $ 59,000
Union, Pennsylvania 1 $ 100,000 $ 100,000 $ 57,000
Wayne, Pennsylvania 1 $ 158,000 $ 158,000 $ 65,000
Westmoreland, Pennsylvania 1 $ 100,000 $ 100,000 $ 52,000
Arlington, Virginia 1 $ 500,000 $ 500,000 $ 240,000
Fairfax City, Virginia 1 $ 460,000 $ 460,000 $ 188,000
Loudoun, Virginia 1 $ 296,000 $ 296,000 $ 75,000

Mortgage Loan Application Detail Totals for Continental Bank in 2011

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
Home Purchase 678 $129,054,000 $190,000 $1,500,000 $80,000 $903,000
Refinancing 507 $133,303,000 $262,000 $2,000,000 $130,000 $2,753,000
Home Improvement 16 $369,000 $23,000 $100,000 $84,000 $193,000

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 983 $221,759,000 $225,000 $2,000,000 $105,000 $2,753,000
Black or African American 102 $17,444,000 $171,000 $2,000,000 $65,000 $902,000
Hispanic 48 $7,421,000 $154,000 $418,000 $63,000 $199,000
Not Provided 35 $8,890,000 $254,000 $1,450,000 $129,000 $1,530,000
Asian 31 $7,019,000 $226,000 $983,000 $114,000 $362,000
American Indian or Alaskan Native 1 $3,000 $3,000 $3,000 $37,000 $37,000
Not applicable 1 $190,000 $190,000 $190,000 $0 $0
Native Hawaiian or Other Pacific Islander 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) 639 $165,728,000 $259,000 $2,000,000 $135,000 $2,753,000
FHA-insured (Federal Housing Administration) 403 $70,023,000 $173,000 $654,000 $65,000 $385,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 101 $15,401,000 $152,000 $294,000 $50,000 $87,000
VA-guaranteed (Veterans Administration) 58 $11,574,000 $199,000 $436,000 $65,000 $193,000

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
Loan Originated 878 $188,263,000 $214,000 $2,000,000 $101,000 $2,753,000
Application Denied By Financial Institution 119 $25,156,000 $211,000 $1,340,000 $88,000 $390,000
Application Withdrawn By Applicant 110 $26,043,000 $236,000 $2,000,000 $101,000 $650,000
File Closed For Incompleteness 51 $14,342,000 $281,000 $1,450,000 $147,000 $1,530,000
Application Approved But Not Accepted 43 $8,922,000 $207,000 $1,070,000 $89,000 $633,000
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

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
Collateral 40 $10,923,000 $273,000 $1,340,000 $115,000 $390,000
Debt-To-Income Ratio 35 $7,522,000 $214,000 $815,000 $76,000 $273,000
Credit History 21 $2,453,000 $116,000 $360,000 $67,000 $193,000
Other 9 $1,580,000 $175,000 $417,000 $72,000 $119,000
Employment History 7 $1,085,000 $155,000 $416,000 $51,000 $116,000
Insufficient Cash (Downpayment, Closing Cost) 4 $809,000 $202,000 $417,000 $80,000 $122,000
Unverifiable Information 3 $784,000 $261,000 $407,000 $148,000 $275,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Continental Bank's 2011 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Continental Bank's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Pennsylvania, download the full spreadsheet with aggregated HMDA statistics today.

Download the Pennsylvania Lender List