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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 NAT'L BANK OF COLD SPRIN
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST NAT'L BANK OF COLD SPRIN |
| Address | 301 MAIN STREET, P.O. BOX 416
COLD SPRING, MN 56320 |
| 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 | 65 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $9,948,000 |
| Average Mortgage Loan Amount Applied For | $136,833 |
| Highest Mortgage Loan Amount Applied For | $477,000 |
| Average Applicant Income | $75,500 |
| Highest Applicant Income | $554,000 |
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| Home Improvement |
2 | $23,000 |
$11,000 | $15,000 |
$69,000 | $88,000 |
| Home Purchase |
33 | $5,741,000 |
$173,000 | $477,000 |
$66,000 | $200,000 |
| Refinancing |
30 | $4,184,000 |
$139,000 | $417,000 |
$78,000 | $554,000 |
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| 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 |
2 | $332,000 |
$166,000 | $189,000 |
$69,000 | $94,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $290,000 |
$145,000 | $155,000 |
$94,000 | $156,000 |
| White |
61 | $9,326,000 |
$152,000 | $477,000 |
$71,000 | $554,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
65 | $9,948,000 |
$153,000 | $477,000 |
$72,000 | $554,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
11 | $1,645,000 |
$149,000 | $250,000 |
$47,000 | $94,000 |
| Application Withdrawn By Applicant |
8 | $1,293,000 |
$161,000 | $261,000 |
$57,000 | $103,000 |
| File Closed For Incompleteness |
3 | $357,000 |
$119,000 | $182,000 |
$45,000 | $89,000 |
| Loan Originated |
43 | $6,653,000 |
$154,000 | $477,000 |
$83,000 | $554,000 |
| 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 |
1 | $202,000 |
$202,000 | $202,000 |
$41,000 | $41,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $253,000 |
$126,000 | $137,000 |
$58,000 | $64,000 |
| Debt-To-Income Ratio |
6 | $877,000 |
$146,000 | $250,000 |
$37,000 | $80,000 |
| Employment History |
1 | $189,000 |
$189,000 | $189,000 |
$94,000 | $94,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $124,000 |
$124,000 | $124,000 |
$49,000 | $49,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST NAT'L BANK OF COLD SPRIN by:
Metropolitan Area And
County
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