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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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COMMERCE NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMERCE NATIONAL BANK |
| Address | 3650 OLENTANGY RIVER ROAD #100
COLUMBUS, OH 43214 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 62 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $21,602,000 |
| Average Mortgage Loan Amount Applied For | $382,470 |
| Highest Mortgage Loan Amount Applied For | $2,797,000 |
| Average Applicant Income | $205,705 |
| Highest Applicant Income | $2,670,000 |
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| Home Improvement |
3 | $508,000 |
$169,000 | $353,000 |
$8,000 | $24,000 |
| Home Purchase |
36 | $12,003,000 |
$333,000 | $1,800,000 |
$150,000 | $1,379,000 |
| Refinancing |
23 | $9,091,000 |
$395,000 | $2,797,000 |
$214,000 | $2,670,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
38 | $15,193,000 |
$399,000 | $2,797,000 |
$1,000 | $59,000 |
| Not Provided |
3 | $654,000 |
$218,000 | $300,000 |
$124,000 | $241,000 |
| White |
21 | $5,755,000 |
$274,000 | $675,000 |
$473,000 | $2,670,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
62 | $21,602,000 |
$348,000 | $2,797,000 |
$167,000 | $2,670,000 |
| 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 |
2 | $2,057,000 |
$1,028,000 | $1,800,000 |
$68,000 | $136,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
60 | $19,545,000 |
$325,000 | $2,797,000 |
$170,000 | $2,670,000 |
| 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 | $257,000 |
$257,000 | $257,000 |
$136,000 | $136,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $1,800,000 |
$1,800,000 | $1,800,000 |
$0 | $0 |
| 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 COMMERCE NATIONAL BANK by:
Metropolitan Area And
County
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