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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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CLASSIC BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CLASSIC BANK |
| Address | C/O CITY NATIONAL BANK P O BOX 7899
CROSS LANES, WV 25356 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2005 |
| All Data Years | 2005 |
| Total Number of Mortgage Loan Applications Processed | 172 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $13,454,000 |
| Average Mortgage Loan Amount Applied For | $69,142 |
| Highest Mortgage Loan Amount Applied For | $1,208,000 |
| Average Applicant Income | $71,357 |
| Highest Applicant Income | $379,000 |
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| Home Improvement |
33 | $1,321,000 |
$37,000 | $211,000 |
$47,000 | $185,000 |
| Home Purchase |
74 | $6,082,000 |
$81,666 | $754,000 |
$145,000 | $379,000 |
| Refinancing |
65 | $6,051,000 |
$99,666 | $1,208,000 |
$49,666 | $355,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $87,000 |
$87,000 | $87,000 |
$360,000 | $360,000 |
| Black or African American |
1 | $98,000 |
$98,000 | $98,000 |
$60,000 | $60,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $1,072,000 |
$245,500 | $754,000 |
$0 | $0 |
| Not Provided |
5 | $180,000 |
$36,000 | $94,000 |
$83,000 | $185,000 |
| White |
160 | $12,017,000 |
$91,000 | $1,208,000 |
$48,666 | $379,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
172 | $13,454,000 |
$91,750 | $1,208,000 |
$126,500 | $379,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
18 | $670,000 |
$67,000 | $140,000 |
$40,333 | $66,000 |
| Application Withdrawn By Applicant |
4 | $246,000 |
$46,500 | $102,000 |
$32,000 | $65,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
150 | $12,538,000 |
$78,333 | $1,208,000 |
$151,000 | $379,000 |
| 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 | $60,000 |
$60,000 | $60,000 |
$35,000 | $35,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
11 | $299,000 |
$27,000 | $60,000 |
$31,500 | $66,000 |
| Debt-To-Income Ratio |
6 | $311,000 |
$64,000 | $140,000 |
$34,333 | $62,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CLASSIC BANK by:
Metropolitan Area And
County
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