|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRST NATIONAL BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRST NATIONAL BANK |
| Address | 101 DIXIE HIGHWAY
CHICAGO HEIGHTS, IL 60411 |
| 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 | 1,072 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $39,057,000 |
| Average Mortgage Loan Amount Applied For | $43,798 |
| Highest Mortgage Loan Amount Applied For | $474,000 |
| Average Applicant Income | $40,583 |
| Highest Applicant Income | $258,000 |
|
|
|
| Home Improvement |
32 | $533,000 |
$16,000 | $52,000 |
$46,000 | $118,000 |
| Home Purchase |
825 | $31,890,000 |
$38,000 | $474,000 |
$34,000 | $190,000 |
| Refinancing |
217 | $6,864,000 |
$31,000 | $290,000 |
$25,000 | $258,000 |
|
|
| American Indian or Alaskan Native |
12 | $383,000 |
$31,000 | $81,000 |
$39,000 | $80,000 |
| Asian |
3 | $108,000 |
$36,000 | $53,000 |
$43,000 | $55,000 |
| Black or African American |
28 | $1,540,000 |
$55,000 | $474,000 |
$45,000 | $190,000 |
| Hispanic |
47 | $1,297,000 |
$27,000 | $152,000 |
$28,000 | $75,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
37 | $764,000 |
$20,000 | $57,000 |
$0 | $0 |
| Not Provided |
3 | $639,000 |
$213,000 | $290,000 |
$60,000 | $97,000 |
| White |
944 | $34,556,000 |
$36,000 | $300,000 |
$33,000 | $258,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,074 | $39,287,000 |
$36,000 | $474,000 |
$32,000 | $258,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
137 | $5,814,000 |
$42,000 | $114,000 |
$43,000 | $114,000 |
| Application Denied By Financial Institution |
321 | $14,157,000 |
$44,000 | $474,000 |
$43,000 | $190,000 |
| Application Withdrawn By Applicant |
1 | $152,000 |
$152,000 | $152,000 |
$32,000 | $32,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
329 | $13,615,000 |
$41,000 | $300,000 |
$45,000 | $258,000 |
| Loan Purchased By The Institution |
285 | $5,471,000 |
$19,000 | $60,000 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
1 | $78,000 |
$78,000 | $78,000 |
$8,000 | $8,000 |
|
|
| Collateral |
11 | $541,000 |
$49,000 | $154,000 |
$46,000 | $67,000 |
| Credit Application Incomplete |
146 | $6,750,000 |
$46,000 | $110,000 |
$45,000 | $145,000 |
| Credit History |
57 | $1,757,000 |
$30,000 | $104,000 |
$45,000 | $160,000 |
| Debt-To-Income Ratio |
74 | $3,305,000 |
$44,000 | $139,000 |
$37,000 | $91,000 |
| Employment History |
21 | $858,000 |
$40,000 | $79,000 |
$43,000 | $82,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $540,000 |
$270,000 | $474,000 |
$106,000 | $190,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $246,000 |
$61,000 | $146,000 |
$40,000 | $62,000 |
| Unverifiable Information |
7 | $238,000 |
$34,000 | $66,000 |
$32,000 | $51,000 |
|
Mortgage Loan App Totals for FIRST NATIONAL BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
