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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 | P O BOX 600
CHRISTIANSBURG, VA 24068 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,381 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $328,146,000 |
| Average Mortgage Loan Amount Applied For | $163,633 |
| Highest Mortgage Loan Amount Applied For | $1,800,000 |
| Average Applicant Income | $90,894 |
| Highest Applicant Income | $3,005,000 |
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| Home Improvement |
206 | $7,527,000 |
$36,000 | $505,000 |
$50,000 | $283,000 |
| Home Purchase |
1,165 | $167,438,000 |
$143,000 | $1,800,000 |
$78,000 | $1,746,000 |
| Refinancing |
1,010 | $153,181,000 |
$151,000 | $795,000 |
$100,000 | $3,005,000 |
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| American Indian or Alaskan Native |
4 | $141,000 |
$35,000 | $67,000 |
$48,000 | $87,000 |
| Asian |
16 | $3,154,000 |
$197,000 | $350,000 |
$105,000 | $444,000 |
| Black or African American |
79 | $8,521,000 |
$107,000 | $569,000 |
$57,000 | $180,000 |
| Hispanic |
22 | $2,462,000 |
$111,000 | $301,000 |
$52,000 | $123,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $132,000 |
$132,000 | $132,000 |
$46,000 | $46,000 |
| Not applicable |
79 | $9,058,000 |
$114,000 | $849,000 |
$0 | $0 |
| Not Provided |
34 | $4,774,000 |
$140,000 | $415,000 |
$73,000 | $232,000 |
| White |
2,146 | $299,904,000 |
$139,000 | $1,800,000 |
$90,000 | $3,005,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,230 | $312,424,000 |
$140,000 | $1,800,000 |
$88,000 | $3,005,000 |
| FHA-insured (Federal Housing Administration) |
20 | $2,320,000 |
$116,000 | $254,000 |
$49,000 | $97,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
124 | $12,171,000 |
$98,000 | $179,000 |
$39,000 | $69,000 |
| VA-guaranteed (Veterans Administration) |
7 | $1,231,000 |
$175,000 | $222,000 |
$68,000 | $88,000 |
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| Application Approved But Not Accepted |
4 | $487,000 |
$121,000 | $168,000 |
$60,000 | $80,000 |
| Application Denied By Financial Institution |
121 | $9,994,000 |
$82,000 | $650,000 |
$45,000 | $336,000 |
| Application Withdrawn By Applicant |
111 | $17,258,000 |
$155,000 | $1,800,000 |
$98,000 | $3,005,000 |
| File Closed For Incompleteness |
12 | $2,034,000 |
$169,000 | $419,000 |
$53,000 | $129,000 |
| Loan Originated |
2,133 | $298,373,000 |
$139,000 | $849,000 |
$87,000 | $2,000,000 |
| 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 |
2 | $50,000 |
$25,000 | $35,000 |
$44,000 | $44,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
75 | $5,679,000 |
$75,000 | $392,000 |
$42,000 | $160,000 |
| Debt-To-Income Ratio |
26 | $1,565,000 |
$60,000 | $378,000 |
$42,000 | $280,000 |
| Employment History |
3 | $83,000 |
$27,000 | $70,000 |
$27,000 | $35,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $333,000 |
$111,000 | $183,000 |
$51,000 | $81,000 |
| Mortgage Insurance Denied |
1 | $160,000 |
$160,000 | $160,000 |
$85,000 | $85,000 |
| Other |
11 | $2,124,000 |
$193,000 | $650,000 |
$78,000 | $336,000 |
| 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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