|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRST NATIONAL BANK IN HOWELL
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRST NATIONAL BANK IN HOWELL |
| Address | 101 E GRAND RIVER
HOWELL, MI 48855 |
| 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 | 178 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $19,540,000 |
| Average Mortgage Loan Amount Applied For | $77,333 |
| Highest Mortgage Loan Amount Applied For | $1,280,000 |
| Average Applicant Income | $32,000 |
| Highest Applicant Income | $300,000 |
|
|
|
| Home Improvement |
60 | $937,000 |
$15,000 | $175,000 |
$58,000 | $300,000 |
| Home Purchase |
45 | $6,076,000 |
$135,000 | $1,280,000 |
$29,000 | $183,000 |
| Refinancing |
77 | $12,970,000 |
$168,000 | $693,000 |
$47,000 | $200,000 |
|
|
| American Indian or Alaskan Native |
3 | $191,000 |
$63,000 | $122,000 |
$33,000 | $45,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
2 | $304,000 |
$152,000 | $280,000 |
$101,000 | $146,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
17 | $5,132,000 |
$301,000 | $1,280,000 |
$0 | $0 |
| Not Provided |
9 | $1,060,000 |
$117,000 | $628,000 |
$20,000 | $60,000 |
| White |
151 | $13,296,000 |
$88,000 | $581,000 |
$52,000 | $300,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
182 | $19,983,000 |
$109,000 | $1,280,000 |
$46,000 | $300,000 |
| 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 |
3 | $838,000 |
$279,000 | $382,000 |
$94,000 | $117,000 |
| Application Denied By Financial Institution |
52 | $4,247,000 |
$81,000 | $581,000 |
$49,000 | $200,000 |
| Application Withdrawn By Applicant |
11 | $1,669,000 |
$151,000 | $580,000 |
$82,000 | $183,000 |
| File Closed For Incompleteness |
2 | $310,000 |
$155,000 | $200,000 |
$91,000 | $104,000 |
| Loan Originated |
114 | $12,919,000 |
$113,000 | $1,280,000 |
$39,000 | $300,000 |
| 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 |
|
|
| Collateral |
2 | $294,000 |
$147,000 | $281,000 |
$50,000 | $53,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
32 | $1,293,000 |
$40,000 | $325,000 |
$51,000 | $200,000 |
| Debt-To-Income Ratio |
11 | $1,501,000 |
$136,000 | $581,000 |
$46,000 | $110,000 |
| Employment History |
1 | $3,000 |
$3,000 | $3,000 |
$40,000 | $40,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $432,000 |
$432,000 | $432,000 |
$168,000 | $168,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $299,000 |
$99,000 | $139,000 |
$26,000 | $42,000 |
| Unverifiable Information |
2 | $425,000 |
$212,000 | $225,000 |
$0 | $0 |
|
Mortgage Loan App Totals for FIRST NATIONAL BANK IN HOWELL by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
