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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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CANYON NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CANYON NATIONAL BANK |
| Address | P.O. BOX 9000
PALM DESERT, CA 92255 |
| 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 | 72 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $23,487,000 |
| Average Mortgage Loan Amount Applied For | $275,588 |
| Highest Mortgage Loan Amount Applied For | $1,900,000 |
| Average Applicant Income | $129,882 |
| Highest Applicant Income | $790,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
32 | $12,993,000 |
$406,000 | $1,900,000 |
$193,000 | $790,000 |
| Refinancing |
45 | $12,400,000 |
$275,000 | $998,000 |
$96,000 | $492,000 |
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| American Indian or Alaskan Native |
16 | $4,955,000 |
$309,000 | $1,079,000 |
$141,000 | $554,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $183,000 |
$183,000 | $183,000 |
$6,000 | $6,000 |
| Hispanic |
11 | $3,230,000 |
$293,000 | $550,000 |
$87,000 | $264,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $400,000 |
$200,000 | $225,000 |
$71,000 | $78,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $393,000 |
$196,000 | $225,000 |
$121,000 | $198,000 |
| White |
45 | $16,232,000 |
$360,000 | $1,900,000 |
$153,000 | $790,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
77 | $25,393,000 |
$329,000 | $1,900,000 |
$136,000 | $790,000 |
| 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 |
4 | $1,648,000 |
$412,000 | $1,079,000 |
$190,000 | $554,000 |
| Application Denied By Financial Institution |
8 | $2,078,000 |
$259,000 | $484,000 |
$95,000 | $204,000 |
| Application Withdrawn By Applicant |
16 | $5,965,000 |
$372,000 | $1,900,000 |
$150,000 | $780,000 |
| File Closed For Incompleteness |
7 | $1,778,000 |
$254,000 | $484,000 |
$119,000 | $223,000 |
| Loan Originated |
41 | $13,524,000 |
$329,000 | $998,000 |
$138,000 | $790,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $400,000 |
$400,000 | $400,000 |
$93,000 | $93,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
2 | $723,000 |
$361,000 | $484,000 |
$89,000 | $114,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $259,000 |
$129,000 | $168,000 |
$59,000 | $73,000 |
| Debt-To-Income Ratio |
1 | $221,000 |
$221,000 | $221,000 |
$63,000 | $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 |
3 | $875,000 |
$291,000 | $458,000 |
$135,000 | $204,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CANYON NATIONAL BANK by:
Metropolitan Area And
County
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