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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 OF MERI
Mortgage Loans and Application Details
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| Mortgage Company Name |
CITIZENS NATIONAL BANK OF MERI |
| Address | 512 22ND AVENUE
MERIDIAN, MS 39301 |
| 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 | 483 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $45,953,000 |
| Average Mortgage Loan Amount Applied For | $115,046 |
| Highest Mortgage Loan Amount Applied For | $806,000 |
| Average Applicant Income | $81,813 |
| Highest Applicant Income | $850,000 |
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| Home Improvement |
37 | $1,821,000 |
$49,000 | $474,000 |
$76,000 | $743,000 |
| Home Purchase |
254 | $27,158,000 |
$106,000 | $806,000 |
$75,000 | $850,000 |
| Refinancing |
193 | $16,988,000 |
$88,000 | $551,000 |
$85,000 | $634,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
4 | $475,000 |
$118,000 | $184,000 |
$64,000 | $116,000 |
| Black or African American |
61 | $4,052,000 |
$66,000 | $326,000 |
$59,000 | $850,000 |
| Hispanic |
2 | $161,000 |
$80,000 | $113,000 |
$58,000 | $73,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
30 | $4,567,000 |
$152,000 | $806,000 |
$2,000 | $70,000 |
| Not Provided |
1 | $87,000 |
$87,000 | $87,000 |
$112,000 | $112,000 |
| White |
386 | $36,625,000 |
$94,000 | $655,000 |
$89,000 | $743,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
408 | $36,899,000 |
$90,000 | $806,000 |
$83,000 | $850,000 |
| FHA-insured (Federal Housing Administration) |
51 | $5,566,000 |
$109,000 | $191,000 |
$58,000 | $283,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
25 | $3,502,000 |
$140,000 | $284,000 |
$61,000 | $144,000 |
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| Application Approved But Not Accepted |
2 | $59,000 |
$29,000 | $54,000 |
$36,000 | $47,000 |
| Application Denied By Financial Institution |
36 | $1,688,000 |
$46,000 | $326,000 |
$47,000 | $201,000 |
| Application Withdrawn By Applicant |
8 | $912,000 |
$114,000 | $321,000 |
$40,000 | $84,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
438 | $43,308,000 |
$98,000 | $806,000 |
$83,000 | $850,000 |
| 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 |
1 | $4,000 |
$4,000 | $4,000 |
$201,000 | $201,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
23 | $1,017,000 |
$44,000 | $250,000 |
$48,000 | $169,000 |
| Debt-To-Income Ratio |
10 | $636,000 |
$63,000 | $326,000 |
$33,000 | $112,000 |
| Employment History |
2 | $31,000 |
$15,000 | $27,000 |
$30,000 | $40,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CITIZENS NATIONAL BANK OF MERI by:
Metropolitan Area And
County
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