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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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COMMUNITY FIRST NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNITY FIRST NATIONAL BANK |
| Address | 520 Main Avenue
Fargo, ND 58124 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 1,263 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $78,324,000 |
| Average Mortgage Loan Amount Applied For | $95,333 |
| Highest Mortgage Loan Amount Applied For | $4,950,000 |
| Average Applicant Income | $77,616 |
| Highest Applicant Income | $3,570,000 |
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| Home Improvement (one-to-four family) |
274 | $5,884,000 |
$21,750 | $200,000 |
$51,500 | $442,000 |
| Home Purchase (one-to-four family) |
462 | $27,444,000 |
$67,666 | $4,950,000 |
$75,200 | $2,292,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
26 | $18,678,000 |
$602,777 | $4,500,000 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
501 | $26,318,000 |
$44,230 | $407,000 |
$79,153 | $3,570,000 |
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| American Indian or Alaskan Native |
22 | $526,000 |
$26,900 | $92,000 |
$388,900 | $3,570,000 |
| Asian or Pacific Islander |
7 | $293,000 |
$37,000 | $87,000 |
$67,666 | $84,000 |
| Black |
2 | $67,000 |
$33,500 | $57,000 |
$31,500 | $34,000 |
| Hispanic |
80 | $2,287,000 |
$28,333 | $230,000 |
$32,333 | $103,000 |
| Information not provided by applicant in mail or telephone application |
49 | $1,711,000 |
$43,100 | $199,000 |
$138,700 | $795,000 |
| Not applicable |
36 | $17,516,000 |
$586,142 | $4,500,000 |
$33,142 | $1,285,000 |
| Other |
6 | $353,000 |
$67,000 | $155,000 |
$56,800 | $100,000 |
| White |
1,061 | $55,571,000 |
$45,687 | $4,950,000 |
$67,687 | $2,292,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,263 | $78,324,000 |
$115,625 | $4,950,000 |
$65,187 | $3,570,000 |
| 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 |
15 | $1,027,000 |
$61,333 | $220,000 |
$64,666 | $300,000 |
| Application Denied By Financial Institution |
279 | $8,252,000 |
$29,833 | $200,000 |
$36,250 | $150,000 |
| Application Withdrawn By Applicant |
93 | $3,846,000 |
$38,692 | $240,000 |
$76,923 | $795,000 |
| File Closed For Incompleteness |
3 | $114,000 |
$35,000 | $60,000 |
$38,500 | $53,000 |
| Loan Originated |
873 | $65,085,000 |
$144,785 | $4,950,000 |
$70,071 | $3,570,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
10 | $455,000 |
$34,000 | $200,000 |
$39,200 | $106,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
172 | $4,750,000 |
$27,545 | $129,000 |
$38,727 | $150,000 |
| Debt-To-Income Ratio |
58 | $2,112,000 |
$37,625 | $165,000 |
$26,000 | $108,000 |
| Employment History |
33 | $756,000 |
$30,571 | $70,000 |
$37,571 | $105,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $101,000 |
$21,500 | $52,000 |
$44,000 | $60,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $78,000 |
$39,000 | $58,000 |
$35,000 | $43,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for COMMUNITY FIRST NATIONAL BANK by:
Metropolitan Area And
County
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