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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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FIRST DAKOTA NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST DAKOTA NATIONAL BANK |
| Address | 225 CEDAR ST
YANKTON, SD 57078 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 914 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $114,464,000 |
| Average Mortgage Loan Amount Applied For | $280,178 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $171,013 |
| Highest Applicant Income | $5,000,000 |
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| Home Improvement |
93 | $4,812,000 |
$51,000 | $370,000 |
$62,000 | $464,000 |
| Home Purchase |
649 | $69,212,000 |
$106,000 | $1,545,000 |
$59,000 | $472,000 |
| Refinancing |
258 | $42,844,000 |
$166,000 | $3,000,000 |
$101,000 | $5,000,000 |
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| American Indian or Alaskan Native |
7 | $511,000 |
$73,000 | $149,000 |
$34,000 | $49,000 |
| Asian |
5 | $622,000 |
$124,000 | $231,000 |
$56,000 | $84,000 |
| Black or African American |
10 | $848,000 |
$84,000 | $137,000 |
$45,000 | $65,000 |
| Hispanic |
7 | $510,000 |
$72,000 | $126,000 |
$63,000 | $100,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $650,000 |
$162,000 | $250,000 |
$78,000 | $96,000 |
| Not applicable |
17 | $4,583,000 |
$269,000 | $1,545,000 |
$0 | $0 |
| Not Provided |
19 | $4,146,000 |
$218,000 | $1,261,000 |
$60,000 | $346,000 |
| White |
931 | $104,998,000 |
$112,000 | $3,000,000 |
$73,000 | $5,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
806 | $94,240,000 |
$116,000 | $3,000,000 |
$76,000 | $5,000,000 |
| FHA-insured (Federal Housing Administration) |
87 | $9,384,000 |
$107,000 | $203,000 |
$44,000 | $95,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
89 | $10,933,000 |
$122,000 | $680,000 |
$51,000 | $143,000 |
| VA-guaranteed (Veterans Administration) |
18 | $2,311,000 |
$128,000 | $222,000 |
$52,000 | $106,000 |
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| Application Approved But Not Accepted |
48 | $10,078,000 |
$209,000 | $3,000,000 |
$191,000 | $5,000,000 |
| Application Denied By Financial Institution |
53 | $9,723,000 |
$183,000 | $1,261,000 |
$77,000 | $464,000 |
| Application Withdrawn By Applicant |
8 | $1,873,000 |
$234,000 | $750,000 |
$77,000 | $183,000 |
| File Closed For Incompleteness |
1 | $450,000 |
$450,000 | $450,000 |
$88,000 | $88,000 |
| Loan Originated |
804 | $92,340,000 |
$114,000 | $1,545,000 |
$67,000 | $472,000 |
| 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 |
86 | $2,404,000 |
$27,000 | $210,000 |
$34,000 | $104,000 |
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| Collateral |
1 | $3,000 |
$3,000 | $3,000 |
$15,000 | $15,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
86 | $3,363,000 |
$39,000 | $910,000 |
$42,000 | $363,000 |
| Debt-To-Income Ratio |
45 | $6,658,000 |
$147,000 | $1,100,000 |
$61,000 | $464,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $1,261,000 |
$1,261,000 | $1,261,000 |
$346,000 | $346,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $743,000 |
$148,000 | $315,000 |
$52,000 | $87,000 |
| Unverifiable Information |
1 | $99,000 |
$99,000 | $99,000 |
$52,000 | $52,000 |
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Mortgage Loan App Totals for FIRST DAKOTA NATIONAL BANK by:
Metropolitan Area And
County
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