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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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EXECUTIVE NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
EXECUTIVE NATIONAL BANK |
| Address | 2600 DOUGLAS RD SUITE 1105
CORAL GABLES, FL 33134 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 82 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $50,926,000 |
| Average Mortgage Loan Amount Applied For | $660,333 |
| Highest Mortgage Loan Amount Applied For | $3,485,000 |
| Average Applicant Income | $32,000 |
| Highest Applicant Income | $1,208,000 |
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| Home Improvement |
53 | $26,731,000 |
$504,000 | $3,485,000 |
$26,000 | $630,000 |
| Home Purchase |
22 | $18,552,000 |
$843,000 | $3,138,000 |
$56,000 | $456,000 |
| Refinancing |
7 | $5,643,000 |
$806,000 | $2,000,000 |
$304,000 | $1,208,000 |
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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 |
17 | $8,461,000 |
$497,000 | $2,000,000 |
$251,000 | $1,208,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
57 | $37,007,000 |
$649,000 | $3,485,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
8 | $5,458,000 |
$682,000 | $2,500,000 |
$61,000 | $213,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
82 | $50,926,000 |
$621,000 | $3,485,000 |
$58,000 | $1,208,000 |
| 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 |
14 | $8,173,000 |
$583,000 | $2,000,000 |
$0 | $0 |
| Application Denied By Financial Institution |
22 | $20,367,000 |
$925,000 | $3,000,000 |
$89,000 | $770,000 |
| Application Withdrawn By Applicant |
8 | $9,471,000 |
$1,183,000 | $3,485,000 |
$14,000 | $72,000 |
| File Closed For Incompleteness |
1 | $60,000 |
$60,000 | $60,000 |
$0 | $0 |
| Loan Originated |
37 | $12,855,000 |
$347,000 | $1,335,000 |
$72,000 | $1,208,000 |
| 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 |
3 | $4,405,000 |
$1,468,000 | $2,500,000 |
$0 | $0 |
| Credit Application Incomplete |
1 | $250,000 |
$250,000 | $250,000 |
$0 | $0 |
| Credit History |
9 | $6,710,000 |
$745,000 | $2,300,000 |
$24,000 | $91,000 |
| Debt-To-Income Ratio |
4 | $767,000 |
$191,000 | $550,000 |
$48,000 | $97,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $540,000 |
$540,000 | $540,000 |
$144,000 | $144,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $7,695,000 |
$1,923,000 | $3,000,000 |
$350,000 | $770,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for EXECUTIVE NATIONAL BANK by:
Metropolitan Area And
County
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