AllMortgageDetail - Mortgage Application Details

Pnc Bank N.A.
Mortgage Loan Application
Totals and Details
for 2014

Download the entire list of lenders located in Pennsylvania to a Spreadsheet or Other File Type
Mortgage Company & Address Pnc Bank N.A.
249 Fifth Ave. Ms P1-Popp-22-2
Pittsburgh, PA 15222
Federal Regulator Consumer Financial Protection Bureau (CFPB)
Years 2014  2013  2012  2011  
Total Number of Mortgage Applications 124,048
Total Mortgage Loan Application Amount $22,592,468,000
Average Mortgage Loan Application Amount $158,779
Highest Mortgage Loan Application Amount $99,999,000
Average Applicant Income $87,013
Highest Applicant Income $9,999,000

Mortgage Loan Application Detail Totals for Pnc Bank N.A. in 2014

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 68,862 $12,459,458,000 $180,000 $99,999,000 $99,000 $8,287,000
Home Purchase 34,902 $8,571,392,000 $245,000 $87,468,000 $99,000 $8,240,000
Home Improvement 24,087 $2,294,400,000 $95,000 $99,161,000 $80,000 $9,999,000

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 83,323 $11,805,822,000 $141,000 $10,840,000 $96,000 $9,999,000
Not Provided 21,067 $4,012,802,000 $190,000 $3,638,000 $116,000 $8,240,000
Black or African American 10,240 $1,085,247,000 $105,000 $2,365,000 $67,000 $3,094,000
Hispanic 7,585 $988,001,000 $130,000 $2,000,000 $70,000 $3,100,000
Asian 4,364 $1,087,894,000 $249,000 $1,900,000 $122,000 $6,000,000
Not applicable 681 $4,263,509,000 $6,260,000 $99,999,000 $0 $0
American Indian or Alaskan Native 385 $46,067,000 $119,000 $676,000 $78,000 $1,040,000
Native Hawaiin or Other Pacific Islander 206 $35,908,000 $174,000 $2,195,000 $93,000 $538,000

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) 108,471 $20,212,639,000 $186,000 $99,999,000 $102,000 $9,999,000
FHA-insured (Federal Housing Administration) 13,205 $2,037,360,000 $154,000 $42,500,000 $60,000 $8,000,000
VA-guaranteed (Veterans Administration) 5,012 $924,715,000 $184,000 $1,241,000 $72,000 $1,714,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1,163 $150,536,000 $129,000 $370,000 $47,000 $150,000

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 71,540 $15,042,892,000 $210,000 $99,999,000 $103,000 $8,287,000
Application Denied By Financial Institution 38,822 $5,279,842,000 $136,000 $32,000,000 $83,000 $9,999,000
File Closed For Incompleteness 6,101 $684,159,000 $112,000 $4,475,000 $108,000 $2,983,000
Application Withdrawn By Applicant 5,043 $1,176,326,000 $233,000 $67,200,000 $104,000 $3,000,000
Preapproval Denied by Financial Institution 3,789 $731,036,000 $192,000 $3,750,000 $69,000 $1,493,000
Application Approved But Not Accepted 2,427 $312,634,000 $128,000 $2,848,000 $92,000 $3,091,000
Loan Purchased By The Institution 129 $98,361,000 $762,000 $1,994,000 $0 $0
Preapproval Approved but not Accepted 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 12,400 $905,636,000 $73,000 $2,600,000 $67,000 $3,380,000
Credit Application Incomplete 11,435 $2,208,389,000 $193,000 $4,620,000 $101,000 $9,999,000
Debt-To-Income Ratio 7,726 $1,045,721,000 $135,000 $32,000,000 $53,000 $2,759,000
Insufficient Cash (Downpayment, Closing Cost) 3,458 $441,212,000 $127,000 $3,000,000 $92,000 $2,034,000
Collateral 3,313 $656,647,000 $198,000 $2,783,000 $114,000 $3,597,000
Other 3,065 $555,666,000 $181,000 $10,840,000 $96,000 $2,539,000
Unverifiable Information 789 $128,244,000 $162,000 $1,425,000 $77,000 $875,000
Employment History 422 $68,910,000 $163,000 $1,720,000 $55,000 $406,000
Mortgage Insurance Denied 3 $453,000 $151,000 $262,000 $56,000 $111,000