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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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AMERICAN HERITAGE NATL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN HERITAGE NATL BANK |
| Address | 24 2ND ST S, PO BOX 509
LONG PRAIRIE, MN 56347 |
| 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 | 88 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,615,000 |
| Average Mortgage Loan Amount Applied For | $104,400 |
| Highest Mortgage Loan Amount Applied For | $525,000 |
| Average Applicant Income | $45,700 |
| Highest Applicant Income | $158,000 |
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| Home Improvement |
39 | $993,000 |
$25,000 | $132,000 |
$45,000 | $119,000 |
| Home Purchase |
54 | $5,774,000 |
$106,000 | $260,000 |
$39,000 | $158,000 |
| Refinancing |
29 | $4,328,000 |
$149,000 | $525,000 |
$51,000 | $139,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $150,000 |
$150,000 | $150,000 |
$35,000 | $35,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
6 | $501,000 |
$83,000 | $185,000 |
$19,000 | $48,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $90,000 |
$90,000 | $90,000 |
$30,000 | $30,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $130,000 |
$130,000 | $130,000 |
$60,000 | $60,000 |
| White |
113 | $10,224,000 |
$90,000 | $525,000 |
$45,000 | $158,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
122 | $11,095,000 |
$90,000 | $525,000 |
$44,000 | $158,000 |
| 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 |
2 | $182,000 |
$91,000 | $97,000 |
$94,000 | $139,000 |
| Application Denied By Financial Institution |
25 | $2,161,000 |
$86,000 | $225,000 |
$34,000 | $65,000 |
| Application Withdrawn By Applicant |
36 | $4,753,000 |
$132,000 | $525,000 |
$40,000 | $86,000 |
| File Closed For Incompleteness |
2 | $594,000 |
$297,000 | $349,000 |
$51,000 | $72,000 |
| Loan Originated |
57 | $3,405,000 |
$59,000 | $296,000 |
$48,000 | $158,000 |
| 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 |
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| Collateral |
2 | $349,000 |
$174,000 | $225,000 |
$53,000 | $65,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
20 | $1,662,000 |
$83,000 | $180,000 |
$32,000 | $54,000 |
| Debt-To-Income Ratio |
3 | $150,000 |
$50,000 | $120,000 |
$32,000 | $37,000 |
| 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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Mortgage Loan App Totals for AMERICAN HERITAGE NATL BANK by:
Metropolitan Area And
County
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