|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
GLENS FALLS NATIONAL BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
GLENS FALLS NATIONAL BANK |
| Address | 250 GLEN STREET
GLENS FALLS, NY 12801 |
| 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 | 823 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $71,406,000 |
| Average Mortgage Loan Amount Applied For | $76,363 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $95,818 |
| Highest Applicant Income | $1,000,000 |
|
|
|
| Home Improvement |
420 | $16,279,000 |
$38,000 | $1,000,000 |
$68,000 | $1,000,000 |
| Home Purchase |
348 | $51,998,000 |
$149,000 | $2,000,000 |
$94,000 | $652,000 |
| Refinancing |
147 | $13,839,000 |
$94,000 | $488,000 |
$73,000 | $440,000 |
|
|
| American Indian or Alaskan Native |
3 | $88,000 |
$29,000 | $50,000 |
$52,000 | $72,000 |
| Asian |
4 | $865,000 |
$216,000 | $417,000 |
$206,000 | $300,000 |
| Black or African American |
4 | $62,000 |
$15,000 | $53,000 |
$60,000 | $141,000 |
| Hispanic |
2 | $151,000 |
$75,000 | $100,000 |
$49,000 | $73,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $817,000 |
$163,000 | $275,000 |
$106,000 | $489,000 |
| Not Provided |
20 | $2,204,000 |
$110,000 | $400,000 |
$122,000 | $377,000 |
| White |
877 | $77,929,000 |
$88,000 | $2,000,000 |
$77,000 | $1,000,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
908 | $81,934,000 |
$90,000 | $2,000,000 |
$79,000 | $1,000,000 |
| FHA-insured (Federal Housing Administration) |
6 | $90,000 |
$15,000 | $24,000 |
$46,000 | $72,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $92,000 |
$92,000 | $92,000 |
$45,000 | $45,000 |
|
|
| Application Approved But Not Accepted |
40 | $6,194,000 |
$154,000 | $1,000,000 |
$136,000 | $1,000,000 |
| Application Denied By Financial Institution |
159 | $9,907,000 |
$62,000 | $400,000 |
$50,000 | $255,000 |
| Application Withdrawn By Applicant |
55 | $5,141,000 |
$93,000 | $500,000 |
$88,000 | $500,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
570 | $50,174,000 |
$88,000 | $2,000,000 |
$85,000 | $681,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
42 | $5,765,000 |
$137,000 | $300,000 |
$75,000 | $300,000 |
| Preapproval Denied by Financial Institution |
49 | $4,935,000 |
$100,000 | $350,000 |
$42,000 | $119,000 |
|
|
| Collateral |
10 | $399,000 |
$39,000 | $70,000 |
$54,000 | $120,000 |
| Credit Application Incomplete |
22 | $2,092,000 |
$95,000 | $300,000 |
$58,000 | $119,000 |
| Credit History |
91 | $5,096,000 |
$56,000 | $199,000 |
$47,000 | $169,000 |
| Debt-To-Income Ratio |
77 | $6,378,000 |
$82,000 | $350,000 |
$45,000 | $255,000 |
| Employment History |
6 | $407,000 |
$67,000 | $90,000 |
$50,000 | $80,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $70,000 |
$70,000 | $70,000 |
$92,000 | $92,000 |
| Unverifiable Information |
1 | $400,000 |
$400,000 | $400,000 |
$73,000 | $73,000 |
|
Mortgage Loan App Totals for GLENS FALLS NATIONAL BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
