|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
COMMERCE NATIONAL BANK & TRUST
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
COMMERCE NATIONAL BANK & TRUST |
| Address | 1201 S. ORLANDO AVENUE
WINTER PARK, FL 32789 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 10 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,384,000 |
| Average Mortgage Loan Amount Applied For | $248,800 |
| Highest Mortgage Loan Amount Applied For | $1,900,000 |
| Average Applicant Income | $60,200 |
| Highest Applicant Income | $436,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
8 | $1,336,000 |
$167,000 | $250,000 |
$40,000 | $91,000 |
| Refinancing |
5 | $2,498,000 |
$499,000 | $1,900,000 |
$138,000 | $436,000 |
|
|
| American Indian or Alaskan Native |
1 | $106,000 |
$106,000 | $106,000 |
$14,000 | $14,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $1,900,000 |
$1,900,000 | $1,900,000 |
$436,000 | $436,000 |
| Hispanic |
1 | $100,000 |
$100,000 | $100,000 |
$25,000 | $25,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3 | $526,000 |
$175,000 | $250,000 |
$7,000 | $21,000 |
| White |
7 | $1,202,000 |
$171,000 | $260,000 |
$74,000 | $114,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
13 | $3,834,000 |
$294,000 | $1,900,000 |
$78,000 | $436,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
2 | $2,115,000 |
$1,057,000 | $1,900,000 |
$263,000 | $436,000 |
| Application Denied By Financial Institution |
5 | $892,000 |
$178,000 | $260,000 |
$22,000 | $70,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
3 | $377,000 |
$125,000 | $165,000 |
$76,000 | $114,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
2 | $210,000 |
$105,000 | $110,000 |
$29,000 | $38,000 |
| Preapproval Denied by Financial Institution |
1 | $240,000 |
$240,000 | $240,000 |
$90,000 | $90,000 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $350,000 |
$175,000 | $250,000 |
$12,000 | $25,000 |
| Debt-To-Income Ratio |
1 | $106,000 |
$106,000 | $106,000 |
$14,000 | $14,000 |
| Employment History |
1 | $176,000 |
$176,000 | $176,000 |
$1,000 | $1,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $260,000 |
$260,000 | $260,000 |
$70,000 | $70,000 |
| Unverifiable Information |
1 | $240,000 |
$240,000 | $240,000 |
$90,000 | $90,000 |
|
Mortgage Loan App Totals for COMMERCE NATIONAL BANK & TRUST by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
