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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 OF MIDLAND
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST NATIONAL BANK OF MIDLAND |
| Address | 123 N COLORADO, PO BOX 11307
MIDLAND, TX 79701 |
| 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 | 523 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $64,709,000 |
| Average Mortgage Loan Amount Applied For | $141,151 |
| Highest Mortgage Loan Amount Applied For | $2,500,000 |
| Average Applicant Income | $107,636 |
| Highest Applicant Income | $793,000 |
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| Home Improvement |
10 | $556,000 |
$55,000 | $215,000 |
$138,000 | $345,000 |
| Home Purchase |
471 | $58,006,000 |
$123,000 | $2,500,000 |
$90,000 | $793,000 |
| Refinancing |
42 | $6,147,000 |
$146,000 | $417,000 |
$103,000 | $396,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
7 | $694,000 |
$99,000 | $207,000 |
$63,000 | $114,000 |
| Black or African American |
1 | $144,000 |
$144,000 | $144,000 |
$98,000 | $98,000 |
| Hispanic |
67 | $5,945,000 |
$88,000 | $235,000 |
$67,000 | $631,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
43 | $5,649,000 |
$131,000 | $2,500,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
405 | $52,277,000 |
$129,000 | $1,000,000 |
$107,000 | $793,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
494 | $61,873,000 |
$125,000 | $2,500,000 |
$95,000 | $793,000 |
| FHA-insured (Federal Housing Administration) |
18 | $1,597,000 |
$88,000 | $170,000 |
$58,000 | $230,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $84,000 |
$84,000 | $84,000 |
$25,000 | $25,000 |
| VA-guaranteed (Veterans Administration) |
10 | $1,155,000 |
$115,000 | $381,000 |
$41,000 | $97,000 |
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| Application Approved But Not Accepted |
2 | $871,000 |
$435,000 | $800,000 |
$102,000 | $113,000 |
| Application Denied By Financial Institution |
10 | $3,019,000 |
$301,000 | $2,500,000 |
$49,000 | $98,000 |
| Application Withdrawn By Applicant |
2 | $1,050,000 |
$525,000 | $1,000,000 |
$477,000 | $664,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
509 | $59,769,000 |
$117,000 | $650,000 |
$92,000 | $793,000 |
| 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 |
4 | $2,598,000 |
$649,000 | $2,500,000 |
$30,000 | $54,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $156,000 |
$52,000 | $75,000 |
$68,000 | $98,000 |
| Debt-To-Income Ratio |
2 | $185,000 |
$92,000 | $154,000 |
$72,000 | $83,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $80,000 |
$80,000 | $80,000 |
$23,000 | $23,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST NATIONAL BANK OF MIDLAND by:
Metropolitan Area And
County
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