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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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FCN BANK NATIONAL ASSOCIATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
FCN BANK NATIONAL ASSOCIATION |
| Address | 501 MAIN STREET/ P.O. BOX 37
BROOKVILLE, IN 47012 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 314 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $25,206,000 |
| Average Mortgage Loan Amount Applied For | $133,666 |
| Highest Mortgage Loan Amount Applied For | $500,000 |
| Average Applicant Income | $58,888 |
| Highest Applicant Income | $375,000 |
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| Home Improvement |
70 | $2,133,000 |
$30,000 | $349,000 |
$47,000 | $225,000 |
| Home Purchase |
126 | $11,624,000 |
$92,000 | $374,000 |
$55,000 | $375,000 |
| Refinancing |
118 | $11,449,000 |
$97,000 | $500,000 |
$64,000 | $170,000 |
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| American Indian or Alaskan Native |
1 | $75,000 |
$75,000 | $75,000 |
$25,000 | $25,000 |
| Asian |
1 | $1,000 |
$1,000 | $1,000 |
$16,000 | $16,000 |
| Black or African American |
1 | $349,000 |
$349,000 | $349,000 |
$203,000 | $203,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
3 | $792,000 |
$264,000 | $500,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
308 | $23,989,000 |
$77,000 | $374,000 |
$57,000 | $375,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
314 | $25,206,000 |
$80,000 | $500,000 |
$57,000 | $375,000 |
| 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 |
1 | $35,000 |
$35,000 | $35,000 |
$21,000 | $21,000 |
| Application Denied By Financial Institution |
47 | $2,979,000 |
$63,000 | $210,000 |
$39,000 | $124,000 |
| Application Withdrawn By Applicant |
38 | $3,624,000 |
$95,000 | $280,000 |
$56,000 | $127,000 |
| File Closed For Incompleteness |
2 | $248,000 |
$124,000 | $148,000 |
$47,000 | $69,000 |
| Loan Originated |
226 | $18,320,000 |
$81,000 | $500,000 |
$61,000 | $375,000 |
| 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 |
1 | $66,000 |
$66,000 | $66,000 |
$35,000 | $35,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
28 | $1,349,000 |
$48,000 | $145,000 |
$35,000 | $124,000 |
| Debt-To-Income Ratio |
17 | $1,509,000 |
$88,000 | $210,000 |
$47,000 | $113,000 |
| Employment History |
1 | $55,000 |
$55,000 | $55,000 |
$45,000 | $45,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FCN BANK NATIONAL ASSOCIATION by:
Metropolitan Area And
County
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