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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 | PO BOX 99
HAMILTON, AL 35570 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 290 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,334,000 |
| Average Mortgage Loan Amount Applied For | $48,083 |
| Highest Mortgage Loan Amount Applied For | $400,000 |
| Average Applicant Income | $39,333 |
| Highest Applicant Income | $334,000 |
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| Home Improvement |
47 | $1,232,000 |
$26,000 | $152,000 |
$41,000 | $106,000 |
| Home Purchase |
165 | $10,738,000 |
$65,000 | $400,000 |
$46,000 | $334,000 |
| Refinancing |
78 | $4,364,000 |
$55,000 | $239,000 |
$46,000 | $216,000 |
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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 |
7 | $301,000 |
$43,000 | $94,000 |
$22,000 | $26,000 |
| Hispanic |
6 | $140,000 |
$23,000 | $36,000 |
$46,000 | $90,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $32,000 |
$32,000 | $32,000 |
$19,000 | $19,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $76,000 |
$38,000 | $54,000 |
$33,000 | $51,000 |
| White |
274 | $15,785,000 |
$57,000 | $400,000 |
$46,000 | $334,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
287 | $16,288,000 |
$56,000 | $400,000 |
$45,000 | $334,000 |
| FHA-insured (Federal Housing Administration) |
3 | $46,000 |
$15,000 | $17,000 |
$44,000 | $92,000 |
| 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 |
16 | $1,542,000 |
$96,000 | $187,000 |
$52,000 | $212,000 |
| Application Denied By Financial Institution |
76 | $3,511,000 |
$46,000 | $162,000 |
$34,000 | $216,000 |
| Application Withdrawn By Applicant |
17 | $1,240,000 |
$72,000 | $200,000 |
$42,000 | $90,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
181 | $10,041,000 |
$55,000 | $400,000 |
$49,000 | $334,000 |
| 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 |
53 | $2,103,000 |
$39,000 | $161,000 |
$31,000 | $142,000 |
| Debt-To-Income Ratio |
16 | $842,000 |
$52,000 | $162,000 |
$30,000 | $111,000 |
| Employment History |
2 | $120,000 |
$60,000 | $60,000 |
$31,000 | $42,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $218,000 |
$72,000 | $105,000 |
$95,000 | $216,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $228,000 |
$114,000 | $157,000 |
$72,000 | $120,000 |
| 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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