Beneficial Financial I, Inc.
Mortgage Loan Application
Totals and Details
for 2007

Mortgage Company & Address Beneficial Financial I, Inc.
26525 North Riverwoods Blvd.
Mettawa, IL 60045
Tel #: available with data download
Federal Regulator * available with data download
Years 2009  2008  2007  2006  
Total Number of Mortgage Applications 31,714
Total Mortgage Loan Application Amount $5,833,988,000
Average Mortgage Loan Application Amount $158,774
Highest Mortgage Loan Application Amount $4,300,000
Average Applicant Income $62,833
Highest Applicant Income $1,862,000
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Mortgage Loan Application Detail Totals for Beneficial Financial I, Inc. in 2007

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 31,687 $5,829,661,000 $183,000 $4,300,000 $68,000 $1,862,000
Home Purchase 27 $4,327,000 $160,000 $428,000 $79,000 $180,000
Home Improvement 0 $0 $0 $0 $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
White 20,206 $3,660,162,000 $181,000 $4,300,000 $70,000 $1,862,000
Black or African American 5,827 $956,803,000 $164,000 $1,129,000 $61,000 $1,101,000
Hispanic 2,869 $611,869,000 $213,000 $1,500,000 $65,000 $1,200,000
Not Provided 2,068 $428,743,000 $207,000 $1,520,000 $68,000 $1,007,000
Asian 426 $105,970,000 $248,000 $1,200,000 $83,000 $780,000
American Indian or Alaskan Native 184 $33,534,000 $182,000 $715,000 $66,000 $346,000
Native Hawaiin or Other Pacific Islander 134 $36,907,000 $275,000 $714,000 $83,000 $720,000
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) 31,714 $5,833,988,000 $183,000 $4,300,000 $68,000 $1,862,000
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
Application Denied By Financial Institution 19,631 $3,767,451,000 $191,000 $4,300,000 $67,000 $1,613,000
Application Withdrawn By Applicant 9,205 $1,624,254,000 $176,000 $1,600,000 $71,000 $1,862,000
Loan Originated 2,261 $347,459,000 $153,000 $700,000 $63,000 $323,000
Application Approved But Not Accepted 617 $94,824,000 $153,000 $1,125,000 $68,000 $720,000
File Closed For Incompleteness 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
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