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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 NATIONAL BANK OF MN
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN NATIONAL BANK OF MN |
| Address | 1920 S 6TH ST
BRAINERD, MN 56401 |
| 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 | 118 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $9,152,000 |
| Average Mortgage Loan Amount Applied For | $80,047 |
| Highest Mortgage Loan Amount Applied For | $413,000 |
| Average Applicant Income | $76,142 |
| Highest Applicant Income | $640,000 |
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| Home Improvement |
34 | $650,000 |
$19,000 | $200,000 |
$96,000 | $577,000 |
| Home Purchase |
35 | $4,715,000 |
$134,000 | $400,000 |
$84,000 | $498,000 |
| Refinancing |
53 | $4,518,000 |
$85,000 | $413,000 |
$73,000 | $640,000 |
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| American Indian or Alaskan Native |
1 | $43,000 |
$43,000 | $43,000 |
$81,000 | $81,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
2 | $87,000 |
$43,000 | $70,000 |
$72,000 | $84,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
4 | $586,000 |
$146,000 | $240,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
115 | $9,167,000 |
$79,000 | $413,000 |
$86,000 | $640,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
122 | $9,883,000 |
$81,000 | $413,000 |
$83,000 | $640,000 |
| 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 |
1 | $200,000 |
$200,000 | $200,000 |
$90,000 | $90,000 |
| Application Denied By Financial Institution |
15 | $855,000 |
$57,000 | $413,000 |
$49,000 | $98,000 |
| Application Withdrawn By Applicant |
2 | $184,000 |
$92,000 | $119,000 |
$65,000 | $102,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
104 | $8,644,000 |
$83,000 | $400,000 |
$88,000 | $640,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
8 | $734,000 |
$91,000 | $413,000 |
$50,000 | $93,000 |
| Debt-To-Income Ratio |
5 | $105,000 |
$21,000 | $50,000 |
$29,000 | $63,000 |
| 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 |
2 | $16,000 |
$8,000 | $10,000 |
$95,000 | $98,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMERICAN NATIONAL BANK OF MN by:
Metropolitan Area And
County
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