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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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COMMERCE BANK, N.A.
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMERCE BANK, N.A. |
| Address | 922 WALNUT, TB 12-1
KANSAS CITY, MO 64106 |
| 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 | 7,130 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $609,949,000 |
| Average Mortgage Loan Amount Applied For | $158,781 |
| Highest Mortgage Loan Amount Applied For | $4,575,000 |
| Average Applicant Income | $135,540 |
| Highest Applicant Income | $2,022,000 |
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| Home Improvement |
2,112 | $43,690,000 |
$20,000 | $650,000 |
$66,000 | $1,200,000 |
| Home Purchase |
2,201 | $294,149,000 |
$133,000 | $2,280,000 |
$84,000 | $2,022,000 |
| Refinancing |
3,189 | $310,630,000 |
$97,000 | $4,575,000 |
$82,000 | $1,962,000 |
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| American Indian or Alaskan Native |
45 | $2,155,000 |
$47,000 | $220,000 |
$50,000 | $164,000 |
| Asian |
90 | $10,357,000 |
$115,000 | $600,000 |
$80,000 | $400,000 |
| Black or African American |
383 | $19,456,000 |
$50,000 | $340,000 |
$48,000 | $667,000 |
| Hispanic |
185 | $10,367,000 |
$56,000 | $457,000 |
$60,000 | $579,000 |
| Native Hawaiin or Other Pacific Islander |
8 | $1,040,000 |
$130,000 | $417,000 |
$112,000 | $304,000 |
| Not applicable |
67 | $13,191,000 |
$196,000 | $1,828,000 |
$0 | $0 |
| Not Provided |
702 | $78,979,000 |
$112,000 | $2,100,000 |
$106,000 | $2,022,000 |
| White |
6,022 | $512,924,000 |
$85,000 | $4,575,000 |
$78,000 | $1,977,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
7,395 | $636,292,000 |
$86,000 | $4,575,000 |
$78,000 | $2,022,000 |
| FHA-insured (Federal Housing Administration) |
72 | $7,279,000 |
$101,000 | $203,000 |
$43,000 | $109,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
35 | $4,898,000 |
$139,000 | $358,000 |
$51,000 | $115,000 |
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| Application Approved But Not Accepted |
537 | $47,406,000 |
$88,000 | $808,000 |
$79,000 | $900,000 |
| Application Denied By Financial Institution |
1,609 | $67,501,000 |
$41,000 | $2,280,000 |
$59,000 | $1,425,000 |
| Application Withdrawn By Applicant |
313 | $46,295,000 |
$147,000 | $1,360,000 |
$101,000 | $1,977,000 |
| File Closed For Incompleteness |
54 | $6,227,000 |
$115,000 | $312,000 |
$55,000 | $159,000 |
| Loan Originated |
4,617 | $442,520,000 |
$95,000 | $4,575,000 |
$86,000 | $2,022,000 |
| 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 |
372 | $38,520,000 |
$103,000 | $365,000 |
$43,000 | $204,000 |
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| Collateral |
158 | $7,024,000 |
$44,000 | $350,000 |
$71,000 | $579,000 |
| Credit Application Incomplete |
157 | $5,470,000 |
$34,000 | $250,000 |
$82,000 | $667,000 |
| Credit History |
1,013 | $40,113,000 |
$39,000 | $359,000 |
$51,000 | $560,000 |
| Debt-To-Income Ratio |
507 | $45,336,000 |
$89,000 | $2,280,000 |
$46,000 | $1,425,000 |
| Employment History |
23 | $1,820,000 |
$79,000 | $340,000 |
$50,000 | $100,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
17 | $1,725,000 |
$101,000 | $152,000 |
$43,000 | $67,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
97 | $4,096,000 |
$42,000 | $245,000 |
$91,000 | $722,000 |
| Unverifiable Information |
9 | $437,000 |
$48,000 | $148,000 |
$95,000 | $300,000 |
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Mortgage Loan App Totals for COMMERCE BANK, N.A. by:
Metropolitan Area And
County
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