PNC Multifamily Finance, Inc Mortgage Lending & HMDA Data, 2006

In 2006, PNC Multifamily Finance, Inc of Pittsburgh, PA reported 67 mortgage applications totaling $330.0 million, up 24% from 2005. The average application was for $4,925,686, and applicants reported an average income of $0. 99% of its applications resulted in an originated loan and 0% were denied. Its largest markets were McAllen-Edinburg-Mission, TX (6), Los Angeles-Long Beach-Glendale, CA (5) and Las Vegas-Paradise, NV (3) (applications in parentheses).

Mortgage Company & Address PNC Multifamily Finance, Inc
2730 Liberty Ave. Mailstop P5-Pclc-01-U
Pittsburgh, PA 15222
Federal Regulator * available with data download
Years 2006  2005  2004  2003  
Total Number of Mortgage Applications 67
Total Mortgage Loan Application Amount $330,021,000
Average Mortgage Loan Application Amount $4,925,686
Highest Mortgage Loan Application Amount $20,200,000
Average Applicant Income $0
Highest Applicant Income $0

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records PNC Multifamily Finance, Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Download the Pennsylvania Lender List

Mortgage Loan Application Detail Totals for PNC Multifamily Finance, Inc in 2006

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 41 $262,372,000 $6,399,000 $20,200,000 $0 $0
Home Purchase 25 $65,066,000 $2,602,000 $5,165,000 $0 $0
Home Improvement 1 $2,583,000 $2,583,000 $2,583,000 $0 $0

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
Not applicable 67 $330,021,000 $4,925,000 $20,200,000 $0 $0
Not Provided 0 $0 $0 $0 $0 $0
White 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 0 $0 $0 $0 $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
FHA-insured (Federal Housing Administration) 35 $232,052,000 $6,630,000 $20,200,000 $0 $0
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 32 $97,969,000 $3,061,000 $9,500,000 $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 66 $327,438,000 $4,961,000 $20,200,000 $0 $0
Application Withdrawn By Applicant 1 $2,583,000 $2,583,000 $2,583,000 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
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 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
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 PNC Multifamily Finance, Inc's 2006 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 PNC Multifamily Finance, Inc'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