Univest National Bank & Trust Mortgage Lending & HMDA Data, 2003
In 2003, Univest National Bank & Trust of Souderton,, PA reported 1,433 mortgage applications totaling $139.0 million. The average application was for $96,976, and applicants reported an average income of $69,184. 86% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Philadelphia, PA-NJ (1,380), Allentown-Bethlehem-Easton, PA (18) and Reading, PA (15) (applications in parentheses).
| Mortgage Company & Address | Univest National Bank & Trust 10 W. Broad St, Po Box 64197 Souderton,, PA 18964 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,433 |
| Total Mortgage Loan Application Amount | $138,968,000 |
| Average Mortgage Loan Application Amount | $96,976 |
| Highest Mortgage Loan Application Amount | $1,050,000 |
| Average Applicant Income | $69,184 |
| Highest Applicant Income | $1,212,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Univest National Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Philadelphia, PA-NJ | 1,380 | $ 129,399,000 | $ 93,767 | $ 67,000 |
| Allentown-Bethlehem-Easton, PA | 18 | $ 1,332,000 | $ 74,000 | $ 74,000 |
| Reading, PA | 15 | $ 1,312,000 | $ 87,466 | $ 78,000 |
| Atlantic-Cape May, NJ | 6 | $ 2,976,000 | $ 496,000 | $ 351,000 |
| Middlesex-Somerset-Hunterdon, NJ | 4 | $ 1,035,000 | $ 258,750 | $ 126,000 |
| Monmouth-Ocean, NJ | 2 | $ 1,688,000 | $ 844,000 | $ 226,000 |
| Naples, FL | 1 | $ 320,000 | $ 320,000 | $ 540,000 |
Mortgage Loan Application Detail Totals for Univest National Bank & Trust in 2003
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 (home purchase or home improvement, one-to-four family) | 713 | $95,392,000 | $217,333 | $994,000 | $127,333 | $1,212,000 |
| Home Improvement (one-to-four family) | 625 | $24,812,000 | $56,000 | $640,000 | $47,500 | $617,000 |
| Home Purchase (one-to-four family) | 95 | $18,764,000 | $360,500 | $1,050,000 | $324,750 | $853,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 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 | 1,358 | $133,833,000 | $277,000 | $1,050,000 | $269,800 | $1,212,000 |
| Asian or Pacific Islander | 31 | $2,493,000 | $80,000 | $258,000 | $59,000 | $156,000 |
| Hispanic | 13 | $926,000 | $71,000 | $197,000 | $63,000 | $98,000 |
| Black | 11 | $741,000 | $67,000 | $200,000 | $68,000 | $156,000 |
| Information not provided by applicant in mail or telephone application | 8 | $504,000 | $63,000 | $192,000 | $63,000 | $97,000 |
| American Indian or Alaskan Native | 6 | $220,000 | $34,000 | $95,000 | $27,500 | $105,000 |
| Other | 6 | $251,000 | $41,000 | $125,000 | $59,000 | $109,000 |
| 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) | 1,432 | $138,950,000 | $270,800 | $1,050,000 | $265,400 | $1,212,000 |
| VA-guaranteed (Veterans Administration) | 1 | $18,000 | $18,000 | $18,000 | $47,000 | $47,000 |
| 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 |
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 | 1,238 | $126,760,000 | $262,200 | $994,000 | $267,600 | $1,212,000 |
| Application Denied By Financial Institution | 114 | $5,256,000 | $46,000 | $350,000 | $48,000 | $100,000 |
| Application Withdrawn By Applicant | 52 | $5,393,000 | $567,500 | $1,050,000 | $141,000 | $272,000 |
| Application Approved But Not Accepted | 26 | $1,424,000 | $54,000 | $200,000 | $86,000 | $245,000 |
| File Closed For Incompleteness | 3 | $135,000 | $45,000 | $100,000 | $45,000 | $58,000 |
| Loan Purchased By The 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 |
|---|---|---|---|---|---|---|
| Credit History | 56 | $2,380,000 | $42,000 | $350,000 | $46,000 | $100,000 |
| Debt-To-Income Ratio | 45 | $2,326,000 | $51,000 | $340,000 | $43,000 | $92,000 |
| Collateral | 8 | $350,000 | $43,000 | $100,000 | $62,000 | $86,000 |
| Other | 5 | $200,000 | $40,000 | $118,000 | $56,000 | $75,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Univest National Bank & Trust's 2003 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 Univest National Bank & Trust'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