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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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CADENCE BANK, N.A.
Mortgage Loans and Application Details
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| Mortgage Company Name |
CADENCE BANK, N.A. |
| Address | P. O. BOX 1187
STARKVILLE, MS 39760-1187 |
| 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 | 1,047 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $108,440,000 |
| Average Mortgage Loan Amount Applied For | $150,392 |
| Highest Mortgage Loan Amount Applied For | $4,611,000 |
| Average Applicant Income | $118,160 |
| Highest Applicant Income | $4,475,000 |
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| Home Improvement |
220 | $6,003,000 |
$27,000 | $320,000 |
$65,000 | $909,000 |
| Home Purchase |
553 | $67,614,000 |
$122,000 | $4,611,000 |
$79,000 | $4,475,000 |
| Refinancing |
274 | $34,823,000 |
$127,000 | $1,000,000 |
$76,000 | $1,200,000 |
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| American Indian or Alaskan Native |
4 | $354,000 |
$88,000 | $146,000 |
$119,000 | $350,000 |
| Asian |
5 | $848,000 |
$169,000 | $417,000 |
$118,000 | $299,000 |
| Black or African American |
148 | $7,084,000 |
$47,000 | $234,000 |
$44,000 | $400,000 |
| Hispanic |
11 | $1,240,000 |
$112,000 | $250,000 |
$58,000 | $165,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
83 | $19,688,000 |
$237,000 | $4,611,000 |
$0 | $15,000 |
| Not Provided |
8 | $664,000 |
$83,000 | $292,000 |
$37,000 | $123,000 |
| White |
788 | $78,562,000 |
$99,000 | $1,254,000 |
$89,000 | $4,475,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
953 | $100,412,000 |
$105,000 | $4,611,000 |
$79,000 | $4,475,000 |
| FHA-insured (Federal Housing Administration) |
36 | $3,315,000 |
$92,000 | $162,000 |
$46,000 | $84,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
41 | $2,765,000 |
$67,000 | $149,000 |
$30,000 | $66,000 |
| VA-guaranteed (Veterans Administration) |
17 | $1,948,000 |
$114,000 | $299,000 |
$49,000 | $128,000 |
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| Application Approved But Not Accepted |
2 | $263,000 |
$131,000 | $200,000 |
$61,000 | $96,000 |
| Application Denied By Financial Institution |
187 | $6,955,000 |
$37,000 | $225,000 |
$38,000 | $334,000 |
| Application Withdrawn By Applicant |
74 | $8,680,000 |
$117,000 | $550,000 |
$60,000 | $208,000 |
| File Closed For Incompleteness |
6 | $846,000 |
$141,000 | $350,000 |
$87,000 | $185,000 |
| Loan Originated |
778 | $91,696,000 |
$117,000 | $4,611,000 |
$86,000 | $4,475,000 |
| 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 |
7 | $266,000 |
$38,000 | $65,000 |
$26,000 | $42,000 |
| Credit Application Incomplete |
3 | $300,000 |
$100,000 | $121,000 |
$94,000 | $193,000 |
| Credit History |
115 | $3,980,000 |
$34,000 | $225,000 |
$40,000 | $334,000 |
| Debt-To-Income Ratio |
46 | $1,882,000 |
$40,000 | $175,000 |
$29,000 | $132,000 |
| Employment History |
12 | $307,000 |
$25,000 | $52,000 |
$39,000 | $58,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $152,000 |
$50,000 | $83,000 |
$74,000 | $129,000 |
| Unverifiable Information |
1 | $68,000 |
$68,000 | $68,000 |
$115,000 | $115,000 |
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Mortgage Loan App Totals for CADENCE BANK, N.A. by:
Metropolitan Area And
County
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