Dollar Bank, FSB Mortgage Lending & HMDA Data, 2013

In 2013, Dollar Bank, FSB of Pittsburgh, PA reported 12,018 mortgage applications totaling $1.6 billion, down 9% from 2012. The average application was for $132,164, and applicants reported an average income of $97,860. 56% of its applications resulted in an originated loan and 17% were denied. Its largest markets were Pittsburgh, PA (6,834), Cleveland-Elyria-Mentor, OH (2,363) and Akron, OH (216) (applications in parentheses).

Mortgage Company & Address Dollar Bank, FSB
#3 Gateway Center, Seven West
Pittsburgh, PA 15222
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 12,018
Total Mortgage Loan Application Amount $1,588,358,000
Average Mortgage Loan Application Amount $132,164
Highest Mortgage Loan Application Amount $27,375,000
Average Applicant Income $97,860
Highest Applicant Income $6,579,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Dollar Bank, FSB filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for Dollar Bank, FSB in 2013

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 5,437 $825,435,000 $151,000 $16,000,000 $107,000 $4,052,000
Home Purchase 3,829 $594,757,000 $155,000 $1,725,000 $97,000 $6,579,000
Home Improvement 2,752 $168,166,000 $61,000 $27,375,000 $81,000 $1,279,000

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 9,026 $1,157,397,000 $128,000 $1,725,000 $102,000 $5,984,000
Not Provided 1,572 $216,666,000 $137,000 $1,680,000 $98,000 $1,586,000
Black or African American 830 $56,660,000 $68,000 $604,000 $52,000 $473,000
Asian 223 $43,793,000 $196,000 $891,000 $158,000 $6,579,000
Hispanic 165 $15,596,000 $94,000 $715,000 $73,000 $544,000
Not applicable 140 $92,091,000 $657,000 $27,375,000 $2,000 $320,000
American Indian or Alaskan Native 49 $4,300,000 $87,000 $417,000 $91,000 $660,000
Native Hawaiian or Other Pacific Islander 13 $1,855,000 $142,000 $308,000 $83,000 $219,000

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) 10,579 $1,438,497,000 $135,000 $27,375,000 $104,000 $6,579,000
FHA-insured (Federal Housing Administration) 1,366 $138,935,000 $101,000 $333,000 $50,000 $320,000
VA-guaranteed (Veterans Administration) 73 $10,926,000 $149,000 $409,000 $56,000 $200,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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
Loan Originated 6,780 $1,012,221,000 $149,000 $27,375,000 $118,000 $6,579,000
Application Denied By Financial Institution 2,002 $149,753,000 $74,000 $910,000 $64,000 $550,000
Preapproval Approved but not Accepted 1,389 $197,772,000 $142,000 $675,000 $71,000 $450,000
Application Withdrawn By Applicant 759 $109,846,000 $144,000 $700,000 $96,000 $1,430,000
Preapproval Denied by Financial Institution 536 $52,436,000 $97,000 $680,000 $49,000 $350,000
Application Approved But Not Accepted 346 $36,654,000 $105,000 $1,680,000 $89,000 $750,000
File Closed For Incompleteness 206 $29,676,000 $144,000 $550,000 $96,000 $798,000
Loan Purchased By The 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 1,265 $79,434,000 $62,000 $825,000 $57,000 $435,000
Debt-To-Income Ratio 677 $60,478,000 $89,000 $663,000 $45,000 $207,000
Collateral 300 $34,156,000 $113,000 $660,000 $89,000 $550,000
Other 189 $17,402,000 $92,000 $910,000 $89,000 $400,000
Unverifiable Information 29 $2,852,000 $98,000 $270,000 $96,000 $248,000
Credit Application Incomplete 28 $2,918,000 $104,000 $446,000 $99,000 $250,000
Insufficient Cash (Downpayment, Closing Cost) 26 $2,865,000 $110,000 $261,000 $49,000 $114,000
Employment History 22 $1,851,000 $84,000 $295,000 $42,000 $208,000
Mortgage Insurance Denied 2 $233,000 $116,000 $143,000 $51,000 $54,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Dollar Bank, FSB's 2013 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 Dollar Bank, FSB'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.
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