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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 NAT. BANK OF CENTRAL AL.
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST NAT. BANK OF CENTRAL AL. |
| Address | 2323 PAUL W. BRYANT DR.
TUSCALOOSA, AL 35401 |
| 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 | 170 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $9,432,000 |
| Average Mortgage Loan Amount Applied For | $90,250 |
| Highest Mortgage Loan Amount Applied For | $640,000 |
| Average Applicant Income | $90,333 |
| Highest Applicant Income | $525,000 |
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| Home Improvement |
32 | $605,000 |
$18,000 | $90,000 |
$38,000 | $154,000 |
| Home Purchase |
45 | $3,724,000 |
$82,000 | $640,000 |
$97,000 | $525,000 |
| Refinancing |
93 | $5,103,000 |
$54,000 | $309,000 |
$76,000 | $525,000 |
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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 |
29 | $644,000 |
$22,000 | $68,000 |
$47,000 | $204,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
10 | $1,718,000 |
$171,000 | $320,000 |
$26,000 | $266,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
131 | $7,070,000 |
$53,000 | $640,000 |
$84,000 | $525,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
170 | $9,432,000 |
$55,000 | $640,000 |
$74,000 | $525,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
12 | $393,000 |
$32,000 | $85,000 |
$40,000 | $84,000 |
| Application Withdrawn By Applicant |
3 | $135,000 |
$45,000 | $65,000 |
$59,000 | $69,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
155 | $8,904,000 |
$57,000 | $640,000 |
$77,000 | $525,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
8 | $263,000 |
$32,000 | $85,000 |
$48,000 | $84,000 |
| Debt-To-Income Ratio |
2 | $75,000 |
$37,000 | $40,000 |
$13,000 | $24,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $50,000 |
$50,000 | $50,000 |
$54,000 | $54,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $5,000 |
$5,000 | $5,000 |
$16,000 | $16,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST NAT. BANK OF CENTRAL AL. by:
Metropolitan Area And
County
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