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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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GREAT NORTHERN BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
GREAT NORTHERN BANK |
| Address | 12725 43RD STREET NE
ST MICHAEL, MN 55376 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 139 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $21,386,000 |
| Average Mortgage Loan Amount Applied For | $178,866 |
| Highest Mortgage Loan Amount Applied For | $1,424,000 |
| Average Applicant Income | $93,933 |
| Highest Applicant Income | $437,000 |
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| Home Improvement |
13 | $960,000 |
$73,000 | $315,000 |
$86,000 | $240,000 |
| Home Purchase |
50 | $6,768,000 |
$135,000 | $520,000 |
$78,000 | $206,000 |
| Refinancing |
79 | $14,156,000 |
$179,000 | $1,424,000 |
$85,000 | $437,000 |
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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 |
3 | $371,000 |
$123,000 | $233,000 |
$41,000 | $44,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
3 | $544,000 |
$181,000 | $272,000 |
$0 | $0 |
| Not Provided |
8 | $3,288,000 |
$411,000 | $1,424,000 |
$0 | $0 |
| White |
128 | $17,681,000 |
$138,000 | $520,000 |
$91,000 | $437,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
142 | $21,884,000 |
$154,000 | $1,424,000 |
$83,000 | $437,000 |
| 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 |
1 | $45,000 |
$45,000 | $45,000 |
$0 | $0 |
| Application Withdrawn By Applicant |
16 | $3,427,000 |
$214,000 | $335,000 |
$65,000 | $132,000 |
| File Closed For Incompleteness |
2 | $320,000 |
$160,000 | $160,000 |
$35,000 | $36,000 |
| Loan Originated |
123 | $18,092,000 |
$147,000 | $1,424,000 |
$86,000 | $437,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $45,000 |
$45,000 | $45,000 |
$0 | $0 |
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Mortgage Loan App Totals for GREAT NORTHERN BANK by:
Metropolitan Area And
County
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