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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 NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST NATIONAL BANK |
| Address | 405 5TH STREET
AMES, IA 50010 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 216 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $21,407,000 |
| Average Mortgage Loan Amount Applied For | $74,400 |
| Highest Mortgage Loan Amount Applied For | $740,000 |
| Average Applicant Income | $96,133 |
| Highest Applicant Income | $504,000 |
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| Home Improvement |
48 | $1,382,000 |
$28,000 | $150,000 |
$65,000 | $185,000 |
| Home Purchase |
149 | $19,356,000 |
$129,000 | $740,000 |
$73,000 | $492,000 |
| Refinancing |
68 | $7,095,000 |
$104,000 | $720,000 |
$89,000 | $504,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
14 | $1,571,000 |
$112,000 | $239,000 |
$86,000 | $289,000 |
| Black or African American |
7 | $657,000 |
$93,000 | $219,000 |
$75,000 | $129,000 |
| Hispanic |
2 | $103,000 |
$51,000 | $90,000 |
$11,000 | $22,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
15 | $3,689,000 |
$245,000 | $740,000 |
$0 | $0 |
| Not Provided |
5 | $377,000 |
$75,000 | $120,000 |
$113,000 | $228,000 |
| White |
222 | $21,436,000 |
$96,000 | $680,000 |
$80,000 | $504,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
265 | $27,833,000 |
$105,000 | $740,000 |
$76,000 | $504,000 |
| 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 |
11 | $1,720,000 |
$156,000 | $400,000 |
$133,000 | $504,000 |
| Application Denied By Financial Institution |
11 | $775,000 |
$70,000 | $136,000 |
$59,000 | $228,000 |
| Application Withdrawn By Applicant |
1 | $20,000 |
$20,000 | $20,000 |
$42,000 | $42,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
188 | $18,515,000 |
$98,000 | $740,000 |
$81,000 | $492,000 |
| Loan Purchased By The Institution |
4 | $291,000 |
$72,000 | $84,000 |
$0 | $0 |
| Preapproval Approved but not Accepted |
32 | $4,490,000 |
$140,000 | $550,000 |
$60,000 | $324,000 |
| Preapproval Denied by Financial Institution |
18 | $2,022,000 |
$112,000 | $180,000 |
$44,000 | $89,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
16 | $1,567,000 |
$97,000 | $180,000 |
$45,000 | $94,000 |
| Debt-To-Income Ratio |
11 | $945,000 |
$85,000 | $180,000 |
$53,000 | $228,000 |
| Employment History |
1 | $160,000 |
$160,000 | $160,000 |
$82,000 | $82,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $125,000 |
$125,000 | $125,000 |
$62,000 | $62,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST NATIONAL BANK by:
Metropolitan Area And
County
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