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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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INDIAN RIVER NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
INDIAN RIVER NATIONAL BANK |
| Address | 958 20TH PLACE
VERO BEACH, FL 32960 |
| 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 | 449 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $77,932,000 |
| Average Mortgage Loan Amount Applied For | $186,666 |
| Highest Mortgage Loan Amount Applied For | $1,500,000 |
| Average Applicant Income | $98,444 |
| Highest Applicant Income | $1,456,000 |
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| Home Improvement |
43 | $2,987,000 |
$69,000 | $1,200,000 |
$78,000 | $578,000 |
| Home Purchase |
148 | $34,651,000 |
$234,000 | $1,100,000 |
$112,000 | $1,456,000 |
| Refinancing |
258 | $40,294,000 |
$156,000 | $1,500,000 |
$65,000 | $328,000 |
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| American Indian or Alaskan Native |
1 | $306,000 |
$306,000 | $306,000 |
$93,000 | $93,000 |
| Asian |
2 | $577,000 |
$288,000 | $410,000 |
$130,000 | $192,000 |
| Black or African American |
23 | $2,832,000 |
$123,000 | $406,000 |
$42,000 | $146,000 |
| Hispanic |
27 | $5,140,000 |
$190,000 | $1,000,000 |
$91,000 | $821,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $521,000 |
$260,000 | $351,000 |
$114,000 | $136,000 |
| Not applicable |
1 | $1,100,000 |
$1,100,000 | $1,100,000 |
$0 | $0 |
| Not Provided |
19 | $3,594,000 |
$189,000 | $900,000 |
$87,000 | $173,000 |
| White |
374 | $63,862,000 |
$170,000 | $1,500,000 |
$83,000 | $1,456,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
449 | $77,932,000 |
$173,000 | $1,500,000 |
$82,000 | $1,456,000 |
| 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 |
3 | $476,000 |
$158,000 | $275,000 |
$83,000 | $139,000 |
| Application Denied By Financial Institution |
33 | $3,983,000 |
$120,000 | $900,000 |
$56,000 | $226,000 |
| Application Withdrawn By Applicant |
57 | $11,013,000 |
$193,000 | $1,000,000 |
$84,000 | $821,000 |
| File Closed For Incompleteness |
3 | $1,196,000 |
$398,000 | $750,000 |
$49,000 | $90,000 |
| Loan Originated |
353 | $61,264,000 |
$173,000 | $1,500,000 |
$84,000 | $1,456,000 |
| 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 | $5,000 |
$5,000 | $5,000 |
$45,000 | $45,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
16 | $1,255,000 |
$78,000 | $220,000 |
$55,000 | $115,000 |
| Debt-To-Income Ratio |
13 | $2,444,000 |
$188,000 | $900,000 |
$50,000 | $159,000 |
| Employment History |
2 | $96,000 |
$48,000 | $75,000 |
$18,000 | $37,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $183,000 |
$183,000 | $183,000 |
$226,000 | $226,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for INDIAN RIVER NATIONAL BANK by:
Metropolitan Area And
County
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