|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRST NATIONAL BANK OF ARIZONA
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRST NATIONAL BANK OF ARIZONA |
| Address | 17600 NORTH PERIMETER DRIVE
SCOTTSDALE, AZ 85255 |
| 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 | 60,666 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $13,607,357,000 |
| Average Mortgage Loan Amount Applied For | $167,254 |
| Highest Mortgage Loan Amount Applied For | $10,000,000 |
| Average Applicant Income | $87,205 |
| Highest Applicant Income | $7,365,000 |
|
|
|
| Home Improvement |
501 | $17,273,000 |
$34,000 | $500,000 |
$95,000 | $1,531,000 |
| Home Purchase |
33,217 | $6,603,197,000 |
$198,000 | $10,000,000 |
$99,000 | $7,365,000 |
| Refinancing |
26,948 | $6,986,887,000 |
$259,000 | $6,000,000 |
$108,000 | $3,780,000 |
|
|
| American Indian or Alaskan Native |
186 | $45,337,000 |
$243,000 | $4,000,000 |
$145,000 | $1,934,000 |
| Asian |
3,155 | $866,384,000 |
$274,000 | $3,240,000 |
$122,000 | $1,680,000 |
| Black or African American |
7,104 | $1,409,706,000 |
$198,000 | $4,000,000 |
$96,000 | $3,100,000 |
| Hispanic |
15,217 | $3,327,889,000 |
$218,000 | $4,000,000 |
$98,000 | $2,242,000 |
| Native Hawaiin or Other Pacific Islander |
391 | $111,872,000 |
$286,000 | $1,000,000 |
$124,000 | $632,000 |
| Not applicable |
4,435 | $1,043,711,000 |
$235,000 | $10,000,000 |
$11,000 | $578,000 |
| Not Provided |
5,002 | $1,246,227,000 |
$249,000 | $4,200,000 |
$111,000 | $3,000,000 |
| White |
25,176 | $5,556,231,000 |
$220,000 | $5,460,000 |
$119,000 | $7,365,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
60,624 | $13,600,170,000 |
$224,000 | $10,000,000 |
$103,000 | $7,365,000 |
| FHA-insured (Federal Housing Administration) |
26 | $4,320,000 |
$166,000 | $249,000 |
$63,000 | $288,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
16 | $2,867,000 |
$179,000 | $330,000 |
$70,000 | $150,000 |
|
|
| Application Approved But Not Accepted |
1,748 | $361,823,000 |
$206,000 | $3,595,000 |
$100,000 | $2,520,000 |
| Application Denied By Financial Institution |
7,432 | $1,826,850,000 |
$245,000 | $5,460,000 |
$135,000 | $3,048,000 |
| Application Withdrawn By Applicant |
15,228 | $3,670,966,000 |
$241,000 | $4,800,000 |
$111,000 | $7,365,000 |
| File Closed For Incompleteness |
83 | $23,603,000 |
$284,000 | $4,000,000 |
$144,000 | $1,140,000 |
| Loan Originated |
31,740 | $6,680,404,000 |
$210,000 | $4,500,000 |
$104,000 | $3,100,000 |
| Loan Purchased By The Institution |
4,435 | $1,043,711,000 |
$235,000 | $10,000,000 |
$11,000 | $578,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
1,469 | $364,227,000 |
$247,000 | $3,640,000 |
$149,000 | $2,400,000 |
| Credit Application Incomplete |
670 | $148,827,000 |
$222,000 | $2,040,000 |
$139,000 | $1,680,000 |
| Credit History |
1,315 | $288,411,000 |
$219,000 | $4,620,000 |
$110,000 | $1,740,000 |
| Debt-To-Income Ratio |
769 | $180,087,000 |
$234,000 | $4,960,000 |
$109,000 | $1,193,000 |
| Employment History |
300 | $66,275,000 |
$220,000 | $1,500,000 |
$104,000 | $600,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
62 | $14,945,000 |
$241,000 | $980,000 |
$139,000 | $600,000 |
| Mortgage Insurance Denied |
3 | $490,000 |
$163,000 | $234,000 |
$79,000 | $132,000 |
| Other |
2,518 | $679,250,000 |
$269,000 | $5,460,000 |
$151,000 | $3,048,000 |
| Unverifiable Information |
326 | $84,338,000 |
$258,000 | $4,000,000 |
$130,000 | $1,356,000 |
|
Mortgage Loan App Totals for FIRST NATIONAL BANK OF ARIZONA by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
