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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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BAY NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
BAY NATIONAL BANK |
| Address | 2328 WEST JOPPA ROAD, SUITE 325
LUTHERVILLE, MD 21093 |
| 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 | 217 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $57,801,000 |
| Average Mortgage Loan Amount Applied For | $364,720 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $161,000 |
| Highest Applicant Income | $3,403,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
93 | $24,596,000 |
$264,000 | $2,000,000 |
$174,000 | $1,068,000 |
| Refinancing |
125 | $33,280,000 |
$266,000 | $1,300,000 |
$156,000 | $3,403,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
4 | $1,561,000 |
$390,000 | $1,263,000 |
$30,000 | $120,000 |
| Black or African American |
19 | $4,797,000 |
$252,000 | $1,500,000 |
$161,000 | $350,000 |
| Hispanic |
2 | $309,000 |
$154,000 | $209,000 |
$327,000 | $444,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
4 | $2,215,000 |
$553,000 | $2,000,000 |
$289,000 | $1,068,000 |
| Not Provided |
7 | $2,020,000 |
$288,000 | $400,000 |
$109,000 | $361,000 |
| White |
182 | $46,974,000 |
$258,000 | $1,300,000 |
$165,000 | $3,403,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
218 | $57,876,000 |
$265,000 | $2,000,000 |
$164,000 | $3,403,000 |
| 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 | $895,000 |
$447,000 | $600,000 |
$0 | $0 |
| Application Denied By Financial Institution |
6 | $2,333,000 |
$388,000 | $1,500,000 |
$139,000 | $350,000 |
| Application Withdrawn By Applicant |
18 | $3,791,000 |
$210,000 | $400,000 |
$111,000 | $361,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
191 | $50,782,000 |
$265,000 | $2,000,000 |
$172,000 | $3,403,000 |
| 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 |
1 | $75,000 |
$75,000 | $75,000 |
$52,000 | $52,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $75,000 |
$75,000 | $75,000 |
$52,000 | $52,000 |
| 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 |
6 | $2,333,000 |
$388,000 | $1,500,000 |
$139,000 | $350,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for BAY NATIONAL BANK by:
Metropolitan Area And
County
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