Phoenixville Federal Bank & Tr Mortgage Lending & HMDA Data, 2011
In 2011, Phoenixville Federal Bank & Tr of Phoenixville, PA reported 282 mortgage applications totaling $46.2 million. The average application was for $163,943, and applicants reported an average income of $122,276. 95% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Philadelphia, PA (265), Reading, PA (9) and Wilmington, DE-MD-NJ (2) (applications in parentheses).
| Mortgage Company & Address | Phoenixville Federal Bank & Tr 564 Nutt Road (Rt. 23), P.O. Box 629 Phoenixville, PA 19460 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 282 |
| Total Mortgage Loan Application Amount | $46,232,000 |
| Average Mortgage Loan Application Amount | $163,943 |
| Highest Mortgage Loan Application Amount | $417,000 |
| Average Applicant Income | $122,276 |
| Highest Applicant Income | $735,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Phoenixville Federal Bank & Tr filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for Phoenixville Federal Bank & Tr 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 |
|---|---|---|---|---|---|---|
| Refinancing | 187 | $32,382,000 | $173,000 | $417,000 | $122,000 | $735,000 |
| Home Purchase | 61 | $9,739,000 | $159,000 | $380,000 | $140,000 | $392,000 |
| Home Improvement | 34 | $4,111,000 | $120,000 | $282,000 | $92,000 | $317,000 |
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 | 250 | $41,143,000 | $164,000 | $417,000 | $119,000 | $735,000 |
| Asian | 25 | $4,119,000 | $164,000 | $400,000 | $154,000 | $202,000 |
| Not applicable | 3 | $347,000 | $115,000 | $150,000 | $130,000 | $392,000 |
| Not Provided | 2 | $317,000 | $158,000 | $197,000 | $101,000 | $164,000 |
| Black or African American | 1 | $38,000 | $38,000 | $38,000 | $189,000 | $189,000 |
| Hispanic | 1 | $268,000 | $268,000 | $268,000 | $190,000 | $190,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 282 | $46,232,000 | $163,000 | $417,000 | $122,000 | $735,000 |
| 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 |
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 | 269 | $44,045,000 | $163,000 | $417,000 | $121,000 | $735,000 |
| Application Denied By Financial Institution | 4 | $614,000 | $153,000 | $272,000 | $116,000 | $158,000 |
| Application Withdrawn By Applicant | 4 | $566,000 | $141,000 | $175,000 | $114,000 | $297,000 |
| Application Approved But Not Accepted | 3 | $639,000 | $213,000 | $260,000 | $201,000 | $422,000 |
| File Closed For Incompleteness | 2 | $368,000 | $184,000 | $343,000 | $146,000 | $170,000 |
| 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 | 2 | $442,000 | $221,000 | $272,000 | $97,000 | $145,000 |
| Credit Application Incomplete | 2 | $172,000 | $86,000 | $112,000 | $135,000 | $158,000 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Phoenixville Federal Bank & Tr'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 Phoenixville Federal Bank & Tr'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