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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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ACCESS NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
ACCESS NATIONAL BANK |
| Address | 1800 ROBERT FULTON DRIVE, SUITE 310
RESTON, VA 20191 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 70 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $28,379,000 |
| Average Mortgage Loan Amount Applied For | $337,166 |
| Highest Mortgage Loan Amount Applied For | $3,090,000 |
| Average Applicant Income | $253,125 |
| Highest Applicant Income | $2,135,000 |
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| Home Improvement |
1 | $170,000 |
$170,000 | $170,000 |
$336,000 | $336,000 |
| Home Purchase |
31 | $14,549,000 |
$469,000 | $1,530,000 |
$413,000 | $1,623,000 |
| Refinancing |
39 | $14,160,000 |
$363,000 | $3,090,000 |
$188,000 | $2,135,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $940,000 |
$470,000 | $680,000 |
$118,000 | $192,000 |
| Black or African American |
3 | $1,000,000 |
$333,000 | $400,000 |
$304,000 | $362,000 |
| Hispanic |
5 | $1,367,000 |
$273,000 | $525,000 |
$136,000 | $300,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
9 | $4,012,000 |
$445,000 | $2,000,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
52 | $21,560,000 |
$414,000 | $3,090,000 |
$358,000 | $2,135,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
71 | $28,879,000 |
$406,000 | $3,090,000 |
$288,000 | $2,135,000 |
| 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 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
1 | $500,000 |
$500,000 | $500,000 |
$300,000 | $300,000 |
| Application Withdrawn By Applicant |
21 | $10,877,000 |
$517,000 | $2,000,000 |
$157,000 | $636,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
39 | $13,168,000 |
$337,000 | $3,090,000 |
$235,000 | $2,135,000 |
| Loan Purchased By The Institution |
10 | $4,334,000 |
$433,000 | $1,000,000 |
$768,000 | $1,623,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| 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 |
1 | $500,000 |
$500,000 | $500,000 |
$300,000 | $300,000 |
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Mortgage Loan App Totals for ACCESS NATIONAL BANK by:
Metropolitan Area And
County
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