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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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BC NATIONAL BANKS
Mortgage Loans and Application Details
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| Mortgage Company Name |
BC NATIONAL BANKS |
| Address | PO BOX 227
BUTLER, MO 64730 |
| 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 | 57 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,823,000 |
| Average Mortgage Loan Amount Applied For | $201,904 |
| Highest Mortgage Loan Amount Applied For | $925,000 |
| Average Applicant Income | $86,000 |
| Highest Applicant Income | $500,000 |
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| Home Improvement |
1 | $27,000 |
$27,000 | $27,000 |
$20,000 | $20,000 |
| Home Purchase |
29 | $4,256,000 |
$146,000 | $925,000 |
$94,000 | $500,000 |
| Refinancing |
27 | $3,540,000 |
$131,000 | $604,000 |
$81,000 | $298,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $71,000 |
$71,000 | $71,000 |
$55,000 | $55,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $925,000 |
$925,000 | $925,000 |
$0 | $0 |
| Not Provided |
5 | $796,000 |
$159,000 | $399,000 |
$74,000 | $208,000 |
| White |
50 | $6,031,000 |
$120,000 | $701,000 |
$90,000 | $500,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
57 | $7,823,000 |
$137,000 | $925,000 |
$87,000 | $500,000 |
| 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 |
5 | $518,000 |
$103,000 | $173,000 |
$38,000 | $73,000 |
| Application Denied By Financial Institution |
7 | $449,000 |
$64,000 | $139,000 |
$40,000 | $78,000 |
| Application Withdrawn By Applicant |
9 | $1,050,000 |
$116,000 | $275,000 |
$66,000 | $143,000 |
| File Closed For Incompleteness |
5 | $888,000 |
$177,000 | $399,000 |
$78,000 | $208,000 |
| Loan Originated |
28 | $4,224,000 |
$150,000 | $925,000 |
$115,000 | $500,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
2 | $573,000 |
$286,000 | $465,000 |
$118,000 | $168,000 |
| Preapproval Denied by Financial Institution |
1 | $121,000 |
$121,000 | $121,000 |
$44,000 | $44,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $244,000 |
$61,000 | $121,000 |
$41,000 | $60,000 |
| Debt-To-Income Ratio |
3 | $191,000 |
$63,000 | $139,000 |
$29,000 | $45,000 |
| 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 |
1 | $135,000 |
$135,000 | $135,000 |
$78,000 | $78,000 |
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Mortgage Loan App Totals for BC NATIONAL BANKS by:
Metropolitan Area And
County
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