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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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CITIZENS NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CITIZENS NATIONAL BANK |
| Address | 101 S. WASHINGTON STREET
BERKELEY SPRINGS, WV 25411 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 670 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $62,373,000 |
| Average Mortgage Loan Amount Applied For | $95,750 |
| Highest Mortgage Loan Amount Applied For | $485,000 |
| Average Applicant Income | $53,312 |
| Highest Applicant Income | $280,000 |
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| Home Improvement |
175 | $7,875,000 |
$27,400 | $400,000 |
$43,200 | $243,000 |
| Home Purchase |
239 | $25,553,000 |
$106,200 | $450,000 |
$55,600 | $280,000 |
| Refinancing |
256 | $28,945,000 |
$125,750 | $485,000 |
$62,250 | $279,000 |
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| American Indian or Alaskan Native |
1 | $13,000 |
$13,000 | $13,000 |
$69,000 | $69,000 |
| Asian |
2 | $155,000 |
$77,000 | $89,000 |
$42,000 | $46,000 |
| Black or African American |
7 | $513,000 |
$63,666 | $196,000 |
$46,666 | $68,000 |
| Hispanic |
3 | $717,000 |
$227,000 | $325,000 |
$91,000 | $138,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
20 | $2,515,000 |
$112,500 | $426,000 |
$78,000 | $258,000 |
| White |
637 | $58,460,000 |
$92,666 | $485,000 |
$52,833 | $280,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
670 | $62,373,000 |
$85,333 | $485,000 |
$54,666 | $280,000 |
| 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 |
23 | $2,344,000 |
$78,666 | $260,000 |
$70,666 | $279,000 |
| Application Denied By Financial Institution |
80 | $6,360,000 |
$65,000 | $426,000 |
$46,200 | $258,000 |
| Application Withdrawn By Applicant |
15 | $1,486,000 |
$110,500 | $170,000 |
$52,500 | $134,000 |
| File Closed For Incompleteness |
1 | $70,000 |
$70,000 | $70,000 |
$60,000 | $60,000 |
| Loan Originated |
551 | $52,113,000 |
$100,166 | $485,000 |
$57,500 | $280,000 |
| 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 |
2 | $263,000 |
$131,000 | $258,000 |
$66,000 | $120,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
32 | $1,721,000 |
$38,333 | $225,000 |
$42,666 | $183,000 |
| Debt-To-Income Ratio |
35 | $3,376,000 |
$78,000 | $426,000 |
$49,000 | $258,000 |
| Employment History |
3 | $268,000 |
$89,000 | $179,000 |
$43,000 | $52,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
1 | $175,000 |
$175,000 | $175,000 |
$99,000 | $99,000 |
| Other |
6 | $303,000 |
$52,666 | $96,000 |
$39,666 | $69,000 |
| Unverifiable Information |
1 | $254,000 |
$254,000 | $254,000 |
$0 | $0 |
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Mortgage Loan App Totals for CITIZENS NATIONAL BANK by:
Metropolitan Area And
County
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