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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 TENNESSEE BANK NA
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST TENNESSEE BANK NA |
| Address | 165 MADISON
MEMPHIS, TN 38103 |
| 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 | 35,961 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,358,442,000 |
| Average Mortgage Loan Amount Applied For | $57,199 |
| Highest Mortgage Loan Amount Applied For | $4,200,000 |
| Average Applicant Income | $24,348 |
| Highest Applicant Income | $5,000,000 |
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| Home Improvement |
3,595 | $196,572,000 |
$54,000 | $1,300,000 |
$62,000 | $3,127,000 |
| Home Purchase |
15,002 | $809,249,000 |
$53,000 | $4,200,000 |
$13,000 | $2,000,000 |
| Refinancing |
17,364 | $1,352,621,000 |
$77,000 | $4,000,000 |
$23,000 | $5,000,000 |
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| American Indian or Alaskan Native |
45 | $3,278,000 |
$72,000 | $298,000 |
$94,000 | $619,000 |
| Asian |
136 | $9,160,000 |
$67,000 | $321,000 |
$90,000 | $490,000 |
| Black or African American |
861 | $48,943,000 |
$56,000 | $697,000 |
$67,000 | $3,127,000 |
| Hispanic |
236 | $15,114,000 |
$64,000 | $464,000 |
$75,000 | $629,000 |
| Native Hawaiin or Other Pacific Islander |
14 | $1,447,000 |
$103,000 | $300,000 |
$133,000 | $770,000 |
| Not applicable |
26,656 | $1,721,134,000 |
$64,000 | $4,200,000 |
$0 | $301,000 |
| Not Provided |
2,805 | $191,342,000 |
$68,000 | $2,000,000 |
$97,000 | $2,000,000 |
| White |
5,208 | $368,024,000 |
$70,000 | $4,000,000 |
$90,000 | $5,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
35,961 | $2,358,442,000 |
$65,000 | $4,200,000 |
$23,000 | $5,000,000 |
| 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 |
1,180 | $81,843,000 |
$69,000 | $4,000,000 |
$90,000 | $845,000 |
| Application Denied By Financial Institution |
2,822 | $173,733,000 |
$61,000 | $1,400,000 |
$71,000 | $3,127,000 |
| Application Withdrawn By Applicant |
818 | $58,722,000 |
$71,000 | $888,000 |
$93,000 | $1,020,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
4,544 | $344,670,000 |
$75,000 | $4,200,000 |
$100,000 | $5,000,000 |
| Loan Purchased By The Institution |
26,597 | $1,699,474,000 |
$63,000 | $1,300,000 |
$0 | $301,000 |
| 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 |
240 | $16,193,000 |
$67,000 | $750,000 |
$91,000 | $400,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1,572 | $90,525,000 |
$57,000 | $1,400,000 |
$71,000 | $3,127,000 |
| Debt-To-Income Ratio |
695 | $46,886,000 |
$67,000 | $800,000 |
$54,000 | $398,000 |
| Employment History |
4 | $244,000 |
$61,000 | $125,000 |
$105,000 | $144,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
173 | $10,998,000 |
$63,000 | $446,000 |
$100,000 | $550,000 |
| Unverifiable Information |
138 | $8,887,000 |
$64,000 | $250,000 |
$85,000 | $269,000 |
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Mortgage Loan App Totals for FIRST TENNESSEE BANK NA by:
Metropolitan Area And
County
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