|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
ERWIN NATIONAL BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
ERWIN NATIONAL BANK |
| Address | 201 SOUTH MAIN AVENUE, PO BOX 1128
ERWIN, TN 37650 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 279 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,599,000 |
| Average Mortgage Loan Amount Applied For | $22,500 |
| Highest Mortgage Loan Amount Applied For | $211,000 |
| Average Applicant Income | $36,500 |
| Highest Applicant Income | $132,000 |
|
|
|
| Home Improvement |
59 | $897,000 |
$9,000 | $97,000 |
$23,000 | $132,000 |
| Home Purchase |
48 | $2,206,000 |
$45,000 | $170,000 |
$29,000 | $102,000 |
| Refinancing |
172 | $7,496,000 |
$26,500 | $211,000 |
$52,000 | $120,000 |
|
|
| 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 |
6 | $116,000 |
$19,000 | $48,000 |
$46,000 | $70,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $115,000 |
$115,000 | $115,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
272 | $10,368,000 |
$17,000 | $211,000 |
$38,666 | $132,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
279 | $10,599,000 |
$17,000 | $211,000 |
$39,000 | $132,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
12 | $109,000 |
$6,000 | $30,000 |
$23,000 | $50,000 |
| Application Withdrawn By Applicant |
5 | $300,000 |
$60,000 | $122,000 |
$30,000 | $44,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
262 | $10,190,000 |
$24,500 | $211,000 |
$50,500 | $132,000 |
| 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 |
|
|
| Collateral |
1 | $30,000 |
$30,000 | $30,000 |
$11,000 | $11,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
8 | $55,000 |
$5,000 | $15,000 |
$23,500 | $47,000 |
| Debt-To-Income Ratio |
2 | $16,000 |
$8,000 | $15,000 |
$33,000 | $50,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $8,000 |
$8,000 | $8,000 |
$17,000 | $17,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for ERWIN NATIONAL BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
