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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 NEVADA
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST NATIONAL BANK OF NEVADA |
| 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 | 2,602 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $509,611,000 |
| Average Mortgage Loan Amount Applied For | $234,170 |
| Highest Mortgage Loan Amount Applied For | $4,000,000 |
| Average Applicant Income | $115,545 |
| Highest Applicant Income | $2,400,000 |
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| Home Improvement |
4 | $540,000 |
$135,000 | $320,000 |
$141,000 | $318,000 |
| Home Purchase |
1,246 | $247,561,000 |
$198,000 | $1,000,000 |
$98,000 | $1,194,000 |
| Refinancing |
1,352 | $261,510,000 |
$193,000 | $4,000,000 |
$68,000 | $2,400,000 |
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| American Indian or Alaskan Native |
11 | $1,427,000 |
$129,000 | $264,000 |
$79,000 | $152,000 |
| Asian |
65 | $18,915,000 |
$291,000 | $4,000,000 |
$99,000 | $314,000 |
| Black or African American |
17 | $3,561,000 |
$209,000 | $408,000 |
$79,000 | $370,000 |
| Hispanic |
339 | $60,080,000 |
$177,000 | $1,500,000 |
$70,000 | $1,049,000 |
| Native Hawaiin or Other Pacific Islander |
12 | $2,388,000 |
$199,000 | $417,000 |
$138,000 | $336,000 |
| Not applicable |
995 | $147,595,000 |
$148,000 | $417,000 |
$47,000 | $490,000 |
| Not Provided |
64 | $17,517,000 |
$273,000 | $2,000,000 |
$146,000 | $2,069,000 |
| White |
1,099 | $258,128,000 |
$234,000 | $2,417,000 |
$113,000 | $2,400,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,319 | $461,398,000 |
$198,000 | $4,000,000 |
$86,000 | $2,400,000 |
| FHA-insured (Federal Housing Administration) |
169 | $28,741,000 |
$170,000 | $337,000 |
$54,000 | $186,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
114 | $19,472,000 |
$170,000 | $411,000 |
$48,000 | $240,000 |
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| Application Approved But Not Accepted |
8 | $1,833,000 |
$229,000 | $417,000 |
$92,000 | $189,000 |
| Application Denied By Financial Institution |
52 | $11,175,000 |
$214,000 | $2,000,000 |
$63,000 | $186,000 |
| Application Withdrawn By Applicant |
356 | $93,960,000 |
$263,000 | $2,417,000 |
$132,000 | $2,400,000 |
| File Closed For Incompleteness |
21 | $7,151,000 |
$340,000 | $1,330,000 |
$102,000 | $439,000 |
| Loan Originated |
1,170 | $247,897,000 |
$211,000 | $4,000,000 |
$98,000 | $1,194,000 |
| Loan Purchased By The Institution |
995 | $147,595,000 |
$148,000 | $417,000 |
$47,000 | $490,000 |
| 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 |
6 | $1,030,000 |
$171,000 | $300,000 |
$78,000 | $126,000 |
| Credit Application Incomplete |
5 | $1,061,000 |
$212,000 | $400,000 |
$81,000 | $112,000 |
| Credit History |
10 | $1,767,000 |
$176,000 | $364,000 |
$47,000 | $70,000 |
| Debt-To-Income Ratio |
10 | $1,435,000 |
$143,000 | $296,000 |
$47,000 | $106,000 |
| Employment History |
5 | $726,000 |
$145,000 | $440,000 |
$110,000 | $186,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $339,000 |
$169,000 | $314,000 |
$12,000 | $25,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
14 | $4,817,000 |
$344,000 | $2,000,000 |
$64,000 | $147,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST NATIONAL BANK OF NEVADA by:
Metropolitan Area And
County
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