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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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HORIZON BANKS, N.A.
Mortgage Loans and Application Details
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| Mortgage Company Name |
HORIZON BANKS, N.A. |
| Address | 1700 KYLIE DR., SUITE #200
LONGMONT, CO 80501 |
| 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 | 74 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $47,744,000 |
| Average Mortgage Loan Amount Applied For | $722,562 |
| Highest Mortgage Loan Amount Applied For | $5,000,000 |
| Average Applicant Income | $291,250 |
| Highest Applicant Income | $3,000,000 |
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| Home Improvement |
9 | $2,580,000 |
$286,000 | $1,300,000 |
$56,000 | $130,000 |
| Home Purchase |
48 | $35,025,000 |
$729,000 | $5,000,000 |
$76,000 | $1,129,000 |
| Refinancing |
17 | $10,139,000 |
$596,000 | $3,800,000 |
$229,000 | $3,000,000 |
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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 | $2,160,000 |
$1,080,000 | $2,000,000 |
$683,000 | $1,129,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
42 | $35,838,000 |
$853,000 | $5,000,000 |
$0 | $0 |
| Not Provided |
2 | $500,000 |
$250,000 | $380,000 |
$65,000 | $130,000 |
| White |
28 | $9,246,000 |
$330,000 | $1,275,000 |
$234,000 | $3,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
74 | $47,744,000 |
$645,000 | $5,000,000 |
$109,000 | $3,000,000 |
| 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 |
2 | $609,000 |
$304,000 | $309,000 |
$0 | $0 |
| Application Denied By Financial Institution |
12 | $6,577,000 |
$548,000 | $2,100,000 |
$420,000 | $3,000,000 |
| Application Withdrawn By Applicant |
11 | $10,765,000 |
$978,000 | $3,800,000 |
$9,000 | $107,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
49 | $29,793,000 |
$608,000 | $5,000,000 |
$59,000 | $499,000 |
| 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 |
2 | $898,000 |
$449,000 | $728,000 |
$1,500,000 | $3,000,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $351,000 |
$117,000 | $325,000 |
$50,000 | $76,000 |
| Debt-To-Income Ratio |
4 | $2,878,000 |
$719,000 | $2,100,000 |
$141,000 | $330,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $120,000 |
$120,000 | $120,000 |
$130,000 | $130,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $2,330,000 |
$1,165,000 | $2,000,000 |
$600,000 | $1,129,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for HORIZON BANKS, N.A. by:
Metropolitan Area And
County
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