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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 NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNITY NATIONAL BANK |
| Address | 1605 HERITAGE DRIVE PO BOX 280
NORTHFIELD, MN 55057 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 153 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $20,642,000 |
| Average Mortgage Loan Amount Applied For | $153,846 |
| Highest Mortgage Loan Amount Applied For | $562,000 |
| Average Applicant Income | $82,923 |
| Highest Applicant Income | $1,386,000 |
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| Home Improvement |
33 | $939,000 |
$28,000 | $130,000 |
$72,000 | $314,000 |
| Home Purchase |
68 | $12,207,000 |
$179,000 | $562,000 |
$75,000 | $1,386,000 |
| Refinancing |
58 | $9,196,000 |
$186,500 | $360,000 |
$120,000 | $352,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $90,000 |
$45,000 | $80,000 |
$95,000 | $104,000 |
| Black or African American |
3 | $512,000 |
$170,000 | $350,000 |
$70,000 | $94,000 |
| Hispanic |
3 | $186,000 |
$62,000 | $150,000 |
$31,000 | $42,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $25,000 |
$25,000 | $25,000 |
$55,000 | $55,000 |
| White |
150 | $21,529,000 |
$179,500 | $562,000 |
$116,000 | $1,386,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
159 | $22,342,000 |
$178,000 | $562,000 |
$114,500 | $1,386,000 |
| 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 |
19 | $2,660,000 |
$140,000 | $350,000 |
$53,000 | $94,000 |
| Application Withdrawn By Applicant |
32 | $5,726,000 |
$178,000 | $500,000 |
$56,000 | $140,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
108 | $13,956,000 |
$172,000 | $562,000 |
$122,500 | $1,386,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
1 | $237,000 |
$237,000 | $237,000 |
$69,000 | $69,000 |
| Credit History |
7 | $856,000 |
$122,000 | $250,000 |
$46,000 | $70,000 |
| Debt-To-Income Ratio |
6 | $488,000 |
$81,000 | $250,000 |
$62,000 | $87,000 |
| Employment History |
1 | $256,000 |
$256,000 | $256,000 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $823,000 |
$205,000 | $350,000 |
$55,000 | $94,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for COMMUNITY NATIONAL BANK by:
Metropolitan Area And
County
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