|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
CALIFORNIA NATIONAL BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
CALIFORNIA NATIONAL BANK |
| Address | 221 SOUTH FIGUEROA STREET
LOS ANGELES, CA 90012-2552 |
| 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 | 290 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $151,641,000 |
| Average Mortgage Loan Amount Applied For | $764,800 |
| Highest Mortgage Loan Amount Applied For | $5,511,000 |
| Average Applicant Income | $42,440 |
| Highest Applicant Income | $2,400,000 |
|
|
|
| Home Improvement |
25 | $8,867,000 |
$354,000 | $930,000 |
$44,000 | $297,000 |
| Home Purchase |
97 | $66,004,000 |
$680,000 | $5,511,000 |
$47,000 | $884,000 |
| Refinancing |
199 | $88,649,000 |
$445,000 | $2,600,000 |
$90,000 | $2,400,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
34 | $20,183,000 |
$593,000 | $3,000,000 |
$111,000 | $884,000 |
| Black or African American |
24 | $8,590,000 |
$357,000 | $700,000 |
$21,000 | $81,000 |
| Hispanic |
68 | $27,020,000 |
$397,000 | $1,880,000 |
$35,000 | $230,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $585,000 |
$292,000 | $325,000 |
$23,000 | $46,000 |
| Not applicable |
55 | $46,913,000 |
$852,000 | $5,511,000 |
$0 | $0 |
| Not Provided |
16 | $8,211,000 |
$513,000 | $1,140,000 |
$182,000 | $2,400,000 |
| White |
122 | $52,018,000 |
$426,000 | $3,025,000 |
$114,000 | $1,344,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
321 | $163,520,000 |
$509,000 | $5,511,000 |
$73,000 | $2,400,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
22 | $11,070,000 |
$503,000 | $1,978,000 |
$79,000 | $369,000 |
| Application Denied By Financial Institution |
53 | $23,848,000 |
$449,000 | $3,000,000 |
$87,000 | $884,000 |
| Application Withdrawn By Applicant |
35 | $18,792,000 |
$536,000 | $1,290,000 |
$154,000 | $2,400,000 |
| File Closed For Incompleteness |
7 | $4,068,000 |
$581,000 | $1,150,000 |
$24,000 | $121,000 |
| Loan Originated |
173 | $93,863,000 |
$542,000 | $5,511,000 |
$57,000 | $1,080,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
19 | $8,632,000 |
$454,000 | $1,450,000 |
$59,000 | $346,000 |
| Preapproval Denied by Financial Institution |
12 | $3,247,000 |
$270,000 | $440,000 |
$47,000 | $100,000 |
|
|
| Collateral |
5 | $1,712,000 |
$342,000 | $600,000 |
$188,000 | $344,000 |
| Credit Application Incomplete |
1 | $388,000 |
$388,000 | $388,000 |
$264,000 | $264,000 |
| Credit History |
8 | $2,655,000 |
$331,000 | $680,000 |
$43,000 | $219,000 |
| Debt-To-Income Ratio |
36 | $14,088,000 |
$391,000 | $3,000,000 |
$84,000 | $884,000 |
| 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 |
14 | $7,627,000 |
$544,000 | $1,260,000 |
$42,000 | $349,000 |
| Unverifiable Information |
1 | $625,000 |
$625,000 | $625,000 |
$0 | $0 |
|
Mortgage Loan App Totals for CALIFORNIA NATIONAL BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
