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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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FIRST-KNOX NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST-KNOX NATIONAL BANK |
| Address | 1 SOUTH MAIN STREET
MOUNT VERNON, OH 43050 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 827 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $66,498,000 |
| Average Mortgage Loan Amount Applied For | $82,645 |
| Highest Mortgage Loan Amount Applied For | $1,286,000 |
| Average Applicant Income | $75,967 |
| Highest Applicant Income | $2,592,000 |
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| Home Improvement |
212 | $3,221,000 |
$15,000 | $160,000 |
$53,000 | $500,000 |
| Home Purchase |
256 | $22,085,000 |
$86,000 | $880,000 |
$88,000 | $1,545,000 |
| Refinancing |
359 | $41,192,000 |
$114,000 | $1,286,000 |
$78,000 | $2,592,000 |
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| American Indian or Alaskan Native |
2 | $113,000 |
$56,000 | $63,000 |
$52,000 | $72,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
8 | $91,000 |
$11,000 | $25,000 |
$40,000 | $90,000 |
| Hispanic |
4 | $315,000 |
$78,000 | $228,000 |
$74,000 | $134,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
3 | $153,000 |
$51,000 | $74,000 |
$0 | $0 |
| Not Provided |
6 | $590,000 |
$98,000 | $140,000 |
$99,000 | $360,000 |
| White |
804 | $65,236,000 |
$81,000 | $1,286,000 |
$75,000 | $2,592,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
827 | $66,498,000 |
$80,000 | $1,286,000 |
$75,000 | $2,592,000 |
| 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 | $65,000 |
$65,000 | $65,000 |
$99,000 | $99,000 |
| Application Denied By Financial Institution |
122 | $7,468,000 |
$61,000 | $280,000 |
$41,000 | $120,000 |
| Application Withdrawn By Applicant |
44 | $5,122,000 |
$116,000 | $365,000 |
$69,000 | $283,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
660 | $53,843,000 |
$81,000 | $1,286,000 |
$81,000 | $2,592,000 |
| 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 |
8 | $503,000 |
$62,000 | $110,000 |
$42,000 | $74,000 |
| Credit Application Incomplete |
1 | $55,000 |
$55,000 | $55,000 |
$26,000 | $26,000 |
| Credit History |
60 | $2,985,000 |
$49,000 | $175,000 |
$46,000 | $120,000 |
| Debt-To-Income Ratio |
45 | $3,263,000 |
$72,000 | $280,000 |
$34,000 | $67,000 |
| Employment History |
4 | $155,000 |
$38,000 | $58,000 |
$26,000 | $29,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $135,000 |
$135,000 | $135,000 |
$40,000 | $40,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $1,000 |
$1,000 | $1,000 |
$14,000 | $14,000 |
| Unverifiable Information |
2 | $371,000 |
$185,000 | $225,000 |
$65,000 | $90,000 |
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Mortgage Loan App Totals for FIRST-KNOX NATIONAL BANK by:
Metropolitan Area And
County
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