Penn 1st Financial Mortgage Lending & HMDA Data, 2005
In 2005, Penn 1st Financial of Exton, PA reported 2,053 mortgage applications totaling $376.4 million, up 20% from 2004. The average application was for $183,353, and applicants reported an average income of $93,114. 79% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Philadelphia, PA (775), Reading, PA (390) and Allentown-Bethlehem-Easton, PA-NJ (223) (applications in parentheses).
| Mortgage Company & Address | Penn 1st Financial 690 Stockton Drive Exton, PA 19341 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,053 |
| Total Mortgage Loan Application Amount | $376,425,000 |
| Average Mortgage Loan Application Amount | $183,353 |
| Highest Mortgage Loan Application Amount | $2,800,000 |
| Average Applicant Income | $93,114 |
| Highest Applicant Income | $6,362,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Penn 1st Financial filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Berks, Pennsylvania | 390 | $ 46,996,000 | $ 120,502 | $ 51,000 |
| Chester, Pennsylvania | 250 | $ 51,133,000 | $ 204,532 | $ 88,000 |
| Montgomery, Pennsylvania | 191 | $ 34,942,000 | $ 182,942 | $ 116,000 |
| Lehigh, Pennsylvania | 159 | $ 22,442,000 | $ 141,144 | $ 82,000 |
| Philadelphia, Pennsylvania | 140 | $ 21,724,000 | $ 155,171 | $ 79,000 |
| Bucks, Pennsylvania | 113 | $ 28,008,000 | $ 247,858 | $ 114,000 |
| Lancaster, Pennsylvania | 89 | $ 13,181,000 | $ 148,101 | $ 61,000 |
| Delaware, Pennsylvania | 81 | $ 12,662,000 | $ 156,320 | $ 83,000 |
| Northampton, Pennsylvania | 53 | $ 10,068,000 | $ 189,962 | $ 87,000 |
| Prince William, Virginia | 53 | $ 14,103,000 | $ 266,094 | $ 94,000 |
| Cape May, New Jersey | 30 | $ 11,281,000 | $ 376,033 | $ 189,000 |
| New Castle, Delaware | 29 | $ 4,933,000 | $ 170,103 | $ 81,000 |
| Baltimore, Maryland | 28 | $ 7,437,000 | $ 265,607 | $ 186,000 |
| Fairfax, Virginia | 27 | $ 8,919,000 | $ 330,333 | $ 127,000 |
| Loudoun, Virginia | 26 | $ 6,513,000 | $ 250,500 | $ 126,000 |
| Camden, New Jersey | 23 | $ 5,062,000 | $ 220,086 | $ 125,000 |
| Baltimore City, Maryland | 20 | $ 4,939,000 | $ 246,950 | $ 231,000 |
| Atlantic, New Jersey | 16 | $ 4,260,000 | $ 266,250 | $ 249,000 |
| Montgomery, Maryland | 13 | $ 4,958,000 | $ 381,384 | $ 154,000 |
| Gloucester, New Jersey | 13 | $ 2,271,000 | $ 174,692 | $ 72,000 |
| Centre, Pennsylvania | 13 | $ 1,914,000 | $ 147,230 | $ 106,000 |
| Cecil, Maryland | 12 | $ 2,831,000 | $ 235,916 | $ 150,000 |
| Prince George's, Maryland | 11 | $ 2,224,000 | $ 202,181 | $ 121,000 |
| Carbon, Pennsylvania | 11 | $ 947,000 | $ 86,090 | $ 41,000 |
| Burlington, New Jersey | 10 | $ 1,926,000 | $ 192,600 | $ 74,000 |
| Anne Arundel, Maryland | 9 | $ 1,799,000 | $ 199,888 | $ 118,000 |
| Mercer, New Jersey | 9 | $ 1,976,000 | $ 219,555 | $ 92,000 |
| Dauphin, Pennsylvania | 8 | $ 1,148,000 | $ 143,500 | $ 107,000 |
| Lebanon, Pennsylvania | 8 | $ 1,130,000 | $ 141,250 | $ 61,000 |
| Monroe, Pennsylvania | 8 | $ 1,143,000 | $ 142,875 | $ 66,000 |
| Schuylkill, Pennsylvania | 8 | $ 1,077,000 | $ 134,625 | $ 101,000 |
| District of Columbia, District Of Columbia | 7 | $ 3,288,000 | $ 469,714 | $ 159,000 |
| York, Pennsylvania | 7 | $ 853,000 | $ 121,857 | $ 55,000 |
| Calvert, Maryland | 6 | $ 950,000 | $ 158,333 | $ 88,000 |
| Frederick, Maryland | 6 | $ 1,930,000 | $ 321,666 | $ 103,000 |
| Monmouth, New Jersey | 6 | $ 2,901,000 | $ 483,500 | $ 228,000 |
| Cumberland, Pennsylvania | 6 | $ 778,000 | $ 129,666 | $ 94,000 |
| Culpeper, Virginia | 6 | $ 1,415,000 | $ 235,833 | $ 160,000 |
| Sussex, Delaware | 5 | $ 1,020,000 | $ 204,000 | $ 101,000 |
| Forsyth, North Carolina | 5 | $ 557,000 | $ 111,400 | $ 55,000 |
| Luzerne, Pennsylvania | 5 | $ 528,000 | $ 105,600 | $ 53,000 |
| Alexandria, Virginia | 5 | $ 1,218,000 | $ 243,600 | $ 54,000 |
| Broward, Florida | 4 | $ 781,000 | $ 195,250 | $ 85,000 |
| Carroll, Maryland | 4 | $ 607,000 | $ 151,750 | $ 60,000 |
| Harford, Maryland | 4 | $ 584,000 | $ 146,000 | $ 55,000 |
| Wake, North Carolina | 4 | $ 645,000 | $ 161,250 | $ 82,000 |
| Arlington, Virginia | 4 | $ 924,000 | $ 231,000 | $ 174,000 |
| Norfolk, Virginia | 4 | $ 314,000 | $ 78,500 | $ 169,000 |
| Seminole, Florida | 3 | $ 304,000 | $ 101,333 | $ 133,000 |
| Howard, Maryland | 3 | $ 682,000 | $ 227,333 | $ 95,000 |
| Hunterdon, New Jersey | 3 | $ 814,000 | $ 271,333 | $ 114,000 |
| Middlesex, New Jersey | 3 | $ 707,000 | $ 235,666 | $ 91,000 |
| Guilford, North Carolina | 3 | $ 598,000 | $ 199,333 | $ 103,000 |
| Lackawanna, Pennsylvania | 3 | $ 418,000 | $ 139,333 | $ 118,000 |
| Lycoming, Pennsylvania | 3 | $ 123,000 | $ 41,000 | $ 130,000 |
| Horry, South Carolina | 3 | $ 390,000 | $ 130,000 | $ 10,000 |
| Fauquier, Virginia | 3 | $ 613,000 | $ 204,333 | $ 113,000 |
| Manassas, Virginia | 3 | $ 700,000 | $ 233,333 | $ 116,000 |
| Stafford, Virginia | 3 | $ 806,000 | $ 268,666 | $ 93,000 |
| Manatee, Florida | 2 | $ 392,000 | $ 196,000 | $ 398,000 |
| Osceola, Florida | 2 | $ 488,000 | $ 244,000 | $ 57,000 |
| Palm Beach, Florida | 2 | $ 745,000 | $ 372,500 | $ 171,000 |
| Cook, Illinois | 2 | $ 529,000 | $ 264,500 | $ 150,000 |
| Allegany, Maryland | 2 | $ 200,000 | $ 100,000 | $ 91,000 |
| Charles, Maryland | 2 | $ 450,000 | $ 225,000 | $ 80,000 |
| Washington, Maryland | 2 | $ 282,000 | $ 141,000 | $ 42,000 |
| Bergen, New Jersey | 2 | $ 1,623,000 | $ 811,500 | $ 346,000 |
| Ocean, New Jersey | 2 | $ 369,000 | $ 184,500 | $ 57,000 |
| Salem, New Jersey | 2 | $ 252,000 | $ 126,000 | $ 65,000 |
| Somerset, New Jersey | 2 | $ 464,000 | $ 232,000 | $ 131,000 |
| Union, New Jersey | 2 | $ 384,000 | $ 192,000 | $ 91,000 |
| Madison, New York | 2 | $ 392,000 | $ 196,000 | $ 114,000 |
| Allegheny, Pennsylvania | 2 | $ 127,000 | $ 63,500 | $ 46,000 |
| Perry, Pennsylvania | 2 | $ 271,000 | $ 135,500 | $ 68,000 |
| Chesapeake, Virginia | 2 | $ 337,000 | $ 168,500 | $ 34,000 |
| Clarke, Virginia | 2 | $ 623,000 | $ 311,500 | $ 83,000 |
| Frederick, Virginia | 2 | $ 213,000 | $ 106,500 | $ 53,000 |
| Spotsylvania, Virginia | 2 | $ 411,000 | $ 205,500 | $ 82,000 |
| Berkeley, West Virginia | 2 | $ 368,000 | $ 184,000 | $ 74,000 |
| Yavapai, Arizona | 1 | $ 194,000 | $ 194,000 | $ 76,000 |
| San Diego, California | 1 | $ 700,000 | $ 700,000 | $ 6,362,000 |
| Fairfield, Connecticut | 1 | $ 260,000 | $ 260,000 | $ 0 |
| Kent, Delaware | 1 | $ 160,000 | $ 160,000 | $ 45,000 |
| Brevard, Florida | 1 | $ 90,000 | $ 90,000 | $ 0 |
| Collier, Florida | 1 | $ 389,000 | $ 389,000 | $ 108,000 |
| Duval, Florida | 1 | $ 149,000 | $ 149,000 | $ 39,000 |
| Hernando, Florida | 1 | $ 75,000 | $ 75,000 | $ 15,000 |
| Pinellas, Florida | 1 | $ 82,000 | $ 82,000 | $ 55,000 |
| Polk, Florida | 1 | $ 90,000 | $ 90,000 | $ 68,000 |
| Volusia, Florida | 1 | $ 134,000 | $ 134,000 | $ 60,000 |
| Dorchester, Maryland | 1 | $ 108,000 | $ 108,000 | $ 24,000 |
| Queen Anne's, Maryland | 1 | $ 262,000 | $ 262,000 | $ 116,000 |
| St. Mary's, Maryland | 1 | $ 146,000 | $ 146,000 | $ 100,000 |
| Worcester, Maryland | 1 | $ 279,000 | $ 279,000 | $ 63,000 |
| Essex, New Jersey | 1 | $ 430,000 | $ 430,000 | $ 90,000 |
| Passaic, New Jersey | 1 | $ 280,000 | $ 280,000 | $ 282,000 |
| Sussex, New Jersey | 1 | $ 289,000 | $ 289,000 | $ 90,000 |
| New York, New York | 1 | $ 224,000 | $ 224,000 | $ 312,000 |
| Oswego, New York | 1 | $ 110,000 | $ 110,000 | $ 0 |
| Buncombe, North Carolina | 1 | $ 97,000 | $ 97,000 | $ 174,000 |
| Mecklenburg, North Carolina | 1 | $ 238,000 | $ 238,000 | $ 0 |
| Randolph, North Carolina | 1 | $ 176,000 | $ 176,000 | $ 0 |
| Bradford, Pennsylvania | 1 | $ 110,000 | $ 110,000 | $ 35,000 |
| Franklin, Pennsylvania | 1 | $ 110,000 | $ 110,000 | $ 48,000 |
| Fulton, Pennsylvania | 1 | $ 122,000 | $ 122,000 | $ 67,000 |
| Huntingdon, Pennsylvania | 1 | $ 174,000 | $ 174,000 | $ 39,000 |
| Northumberland, Pennsylvania | 1 | $ 167,000 | $ 167,000 | $ 77,000 |
| Warren, Pennsylvania | 1 | $ 115,000 | $ 115,000 | $ 53,000 |
| Wayne, Pennsylvania | 1 | $ 670,000 | $ 670,000 | $ 264,000 |
| Westmoreland, Pennsylvania | 1 | $ 137,000 | $ 137,000 | $ 57,000 |
| Beaufort, South Carolina | 1 | $ 400,000 | $ 400,000 | $ 0 |
| Accomack, Virginia | 1 | $ 500,000 | $ 500,000 | $ 227,000 |
| Portsmouth, Virginia | 1 | $ 153,000 | $ 153,000 | $ 60,000 |
Mortgage Loan Application Detail Totals for Penn 1st Financial in 2005
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 | 1,073 | $184,185,000 | $218,714 | $2,450,000 | $119,214 | $1,842,000 |
| Refinancing | 915 | $178,437,000 | $279,900 | $2,800,000 | $705,800 | $6,362,000 |
| Home Improvement | 65 | $13,803,000 | $311,000 | $780,000 | $112,285 | $324,000 |
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 | 1,661 | $312,216,000 | $256,133 | $2,800,000 | $515,000 | $6,362,000 |
| Black or African American | 111 | $18,705,000 | $251,333 | $1,000,000 | $91,444 | $245,000 |
| Not Provided | 110 | $16,649,000 | $169,500 | $499,000 | $54,750 | $773,000 |
| Hispanic | 106 | $15,057,000 | $175,000 | $620,000 | $65,833 | $198,000 |
| Asian | 61 | $12,962,000 | $215,142 | $721,000 | $146,714 | $410,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $696,000 | $251,500 | $310,000 | $76,500 | $107,000 |
| American Indian or Alaskan Native | 1 | $140,000 | $140,000 | $140,000 | $35,000 | $35,000 |
| Not applicable | 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) | 2,045 | $375,686,000 | $248,687 | $2,800,000 | $483,125 | $6,362,000 |
| FHA-insured (Federal Housing Administration) | 8 | $739,000 | $92,000 | $196,000 | $32,000 | $71,000 |
| 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 |
|---|---|---|---|---|---|---|
| Loan Originated | 1,632 | $298,092,000 | $269,928 | $1,671,000 | $543,928 | $6,362,000 |
| Application Approved But Not Accepted | 162 | $30,623,000 | $168,222 | $2,800,000 | $81,444 | $1,677,000 |
| Application Withdrawn By Applicant | 157 | $31,933,000 | $329,166 | $2,450,000 | $193,500 | $1,842,000 |
| Application Denied By Financial Institution | 95 | $15,287,000 | $209,750 | $1,510,000 | $86,500 | $461,000 |
| Preapproval Denied by Financial Institution | 7 | $490,000 | $70,000 | $131,000 | $36,000 | $91,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 | 40 | $5,308,000 | $124,500 | $575,000 | $47,666 | $192,000 |
| Collateral | 35 | $5,043,000 | $205,166 | $552,000 | $207,500 | $461,000 |
| Debt-To-Income Ratio | 15 | $2,422,000 | $173,500 | $342,000 | $56,666 | $102,000 |
| Employment History | 6 | $777,000 | $167,000 | $360,000 | $77,000 | $132,000 |
| Mortgage Insurance Denied | 3 | $1,852,000 | $617,333 | $1,510,000 | $178,000 | $432,000 |
| Unverifiable Information | 3 | $375,000 | $163,000 | $278,000 | $72,000 | $74,000 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Penn 1st Financial's 2005 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 Penn 1st Financial'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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About