|
|
| $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 | 200 S MAIN
LAMAR, CO 81052 |
| 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 | 200 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $15,537,000 |
| Average Mortgage Loan Amount Applied For | $116,588 |
| Highest Mortgage Loan Amount Applied For | $357,000 |
| Average Applicant Income | $81,352 |
| Highest Applicant Income | $1,861,000 |
|
|
|
| Home Improvement |
25 | $595,000 |
$23,000 | $181,000 |
$40,000 | $141,000 |
| Home Purchase |
87 | $6,494,000 |
$74,000 | $320,000 |
$77,000 | $1,861,000 |
| Refinancing |
91 | $8,705,000 |
$95,000 | $357,000 |
$72,000 | $1,656,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
31 | $1,388,000 |
$44,000 | $133,000 |
$32,000 | $81,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
12 | $1,323,000 |
$110,000 | $320,000 |
$244,000 | $1,861,000 |
| Not Provided |
3 | $100,000 |
$33,000 | $53,000 |
$31,000 | $42,000 |
| White |
157 | $12,983,000 |
$82,000 | $357,000 |
$65,000 | $1,656,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
198 | $15,470,000 |
$78,000 | $357,000 |
$71,000 | $1,861,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
5 | $324,000 |
$64,000 | $94,000 |
$38,000 | $45,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Application Approved But Not Accepted |
6 | $709,000 |
$118,000 | $217,000 |
$68,000 | $123,000 |
| Application Denied By Financial Institution |
40 | $2,651,000 |
$66,000 | $340,000 |
$44,000 | $149,000 |
| Application Withdrawn By Applicant |
3 | $342,000 |
$114,000 | $155,000 |
$39,000 | $47,000 |
| File Closed For Incompleteness |
1 | $15,000 |
$15,000 | $15,000 |
$30,000 | $30,000 |
| Loan Originated |
153 | $12,077,000 |
$78,000 | $357,000 |
$78,000 | $1,861,000 |
| 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 |
6 | $219,000 |
$36,000 | $85,000 |
$47,000 | $132,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
18 | $1,239,000 |
$68,000 | $340,000 |
$46,000 | $149,000 |
| Debt-To-Income Ratio |
11 | $907,000 |
$82,000 | $233,000 |
$33,000 | $77,000 |
| Employment History |
1 | $2,000 |
$2,000 | $2,000 |
$62,000 | $62,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $231,000 |
$77,000 | $94,000 |
$53,000 | $92,000 |
| Unverifiable Information |
1 | $53,000 |
$53,000 | $53,000 |
$42,000 | $42,000 |
|
Mortgage Loan App Totals for FIRST NATIONAL BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
