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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
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST NATIONAL BANK |
| Address | P O BOX 700
PARAGOULD, AR 72451 |
| 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 | 190 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,477,000 |
| Average Mortgage Loan Amount Applied For | $99,500 |
| Highest Mortgage Loan Amount Applied For | $750,000 |
| Average Applicant Income | $60,500 |
| Highest Applicant Income | $1,000,000 |
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| Home Improvement |
191 | $4,337,000 |
$22,000 | $220,000 |
$48,000 | $499,000 |
| Home Purchase |
333 | $26,903,000 |
$80,000 | $750,000 |
$74,000 | $1,000,000 |
| Refinancing |
159 | $12,227,000 |
$76,000 | $750,000 |
$56,000 | $275,000 |
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| American Indian or Alaskan Native |
1 | $325,000 |
$325,000 | $325,000 |
$107,000 | $107,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $60,000 |
$60,000 | $60,000 |
$51,000 | $51,000 |
| Hispanic |
4 | $408,000 |
$102,000 | $171,000 |
$47,000 | $98,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
32 | $2,606,000 |
$81,000 | $325,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
645 | $40,068,000 |
$62,000 | $750,000 |
$66,000 | $1,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
683 | $43,467,000 |
$63,000 | $750,000 |
$63,000 | $1,000,000 |
| 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 |
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| Application Approved But Not Accepted |
10 | $735,000 |
$73,000 | $125,000 |
$62,000 | $111,000 |
| Application Denied By Financial Institution |
71 | $2,989,000 |
$42,000 | $260,000 |
$36,000 | $416,000 |
| Application Withdrawn By Applicant |
34 | $3,739,000 |
$109,000 | $750,000 |
$62,000 | $165,000 |
| File Closed For Incompleteness |
1 | $50,000 |
$50,000 | $50,000 |
$40,000 | $40,000 |
| Loan Originated |
567 | $35,954,000 |
$63,000 | $750,000 |
$66,000 | $1,000,000 |
| 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 |
3 | $101,000 |
$33,000 | $65,000 |
$50,000 | $56,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
46 | $1,535,000 |
$33,000 | $150,000 |
$33,000 | $78,000 |
| Debt-To-Income Ratio |
12 | $888,000 |
$74,000 | $260,000 |
$18,000 | $111,000 |
| Employment History |
4 | $109,000 |
$27,000 | $50,000 |
$27,000 | $33,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $163,000 |
$54,000 | $90,000 |
$29,000 | $45,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $103,000 |
$51,000 | $58,000 |
$33,000 | $40,000 |
| Unverifiable Information |
1 | $90,000 |
$90,000 | $90,000 |
$416,000 | $416,000 |
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Mortgage Loan App Totals for FIRST NATIONAL BANK by:
Metropolitan Area And
County
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