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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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CNB LENDING SERVICES, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
CNB LENDING SERVICES, LLC |
| Address | ONE SOUTH HOWELL ST
HILLSDALE, MI 49242 |
| 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 | 465 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $51,129,000 |
| Average Mortgage Loan Amount Applied For | $197,833 |
| Highest Mortgage Loan Amount Applied For | $500,000 |
| Average Applicant Income | $135,944 |
| Highest Applicant Income | $655,000 |
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| Home Improvement |
52 | $4,687,000 |
$90,000 | $284,000 |
$51,000 | $117,000 |
| Home Purchase |
245 | $29,482,000 |
$120,000 | $500,000 |
$66,000 | $655,000 |
| Refinancing |
185 | $18,510,000 |
$100,000 | $327,000 |
$59,000 | $534,000 |
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| American Indian or Alaskan Native |
1 | $120,000 |
$120,000 | $120,000 |
$19,000 | $19,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
5 | $737,000 |
$147,000 | $280,000 |
$156,000 | $442,000 |
| Hispanic |
3 | $204,000 |
$68,000 | $75,000 |
$37,000 | $50,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3 | $338,000 |
$112,000 | $146,000 |
$77,000 | $84,000 |
| White |
470 | $51,280,000 |
$109,000 | $500,000 |
$61,000 | $655,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
481 | $52,619,000 |
$109,000 | $500,000 |
$62,000 | $655,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $60,000 |
$60,000 | $60,000 |
$37,000 | $37,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
34 | $3,549,000 |
$104,000 | $500,000 |
$58,000 | $376,000 |
| Application Denied By Financial Institution |
83 | $8,440,000 |
$101,000 | $327,000 |
$45,000 | $113,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
2 | $61,000 |
$30,000 | $60,000 |
$17,000 | $35,000 |
| Loan Originated |
346 | $39,079,000 |
$112,000 | $468,000 |
$68,000 | $655,000 |
| 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 |
17 | $1,550,000 |
$91,000 | $230,000 |
$37,000 | $60,000 |
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| Collateral |
11 | $1,532,000 |
$139,000 | $290,000 |
$74,000 | $113,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
60 | $5,248,000 |
$87,000 | $327,000 |
$42,000 | $106,000 |
| Debt-To-Income Ratio |
26 | $2,799,000 |
$107,000 | $315,000 |
$35,000 | $82,000 |
| Employment History |
2 | $285,000 |
$142,000 | $230,000 |
$32,000 | $36,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $126,000 |
$126,000 | $126,000 |
$92,000 | $92,000 |
| 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 CNB LENDING SERVICES, LLC by:
Metropolitan Area And
County
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