|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
METROPOLITAN NATIONAL BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
METROPOLITAN NATIONAL BANK |
| Address | 600 SOUTH GLENSTONE
SPRINGFIELD, MO 65802 |
| 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 | 1,099 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $121,985,000 |
| Average Mortgage Loan Amount Applied For | $142,088 |
| Highest Mortgage Loan Amount Applied For | $1,250,000 |
| Average Applicant Income | $228,264 |
| Highest Applicant Income | $7,322,000 |
|
|
|
| Home Improvement |
26 | $1,101,000 |
$42,000 | $129,000 |
$61,000 | $179,000 |
| Home Purchase |
616 | $66,326,000 |
$107,000 | $960,000 |
$103,000 | $7,322,000 |
| Refinancing |
457 | $54,558,000 |
$119,000 | $1,250,000 |
$87,000 | $1,700,000 |
|
|
| American Indian or Alaskan Native |
4 | $399,000 |
$99,000 | $174,000 |
$56,000 | $133,000 |
| Asian |
6 | $592,000 |
$98,000 | $192,000 |
$72,000 | $209,000 |
| Black or African American |
4 | $388,000 |
$97,000 | $127,000 |
$63,000 | $77,000 |
| Hispanic |
11 | $1,188,000 |
$108,000 | $251,000 |
$89,000 | $200,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
51 | $9,058,000 |
$177,000 | $965,000 |
$462,000 | $7,322,000 |
| Not Provided |
11 | $1,343,000 |
$122,000 | $338,000 |
$76,000 | $150,000 |
| White |
1,012 | $109,017,000 |
$107,000 | $1,250,000 |
$78,000 | $1,270,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,088 | $120,641,000 |
$110,000 | $1,250,000 |
$96,000 | $7,322,000 |
| FHA-insured (Federal Housing Administration) |
7 | $650,000 |
$92,000 | $119,000 |
$32,000 | $53,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $694,000 |
$173,000 | $310,000 |
$47,000 | $80,000 |
|
|
| Application Approved But Not Accepted |
17 | $2,028,000 |
$119,000 | $293,000 |
$51,000 | $96,000 |
| Application Denied By Financial Institution |
80 | $6,912,000 |
$86,000 | $424,000 |
$46,000 | $300,000 |
| Application Withdrawn By Applicant |
31 | $3,336,000 |
$107,000 | $389,000 |
$62,000 | $227,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
971 | $109,709,000 |
$112,000 | $1,250,000 |
$101,000 | $7,322,000 |
| 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 |
|
|
| Collateral |
9 | $692,000 |
$76,000 | $230,000 |
$31,000 | $49,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
45 | $3,038,000 |
$67,000 | $230,000 |
$45,000 | $250,000 |
| Debt-To-Income Ratio |
16 | $1,939,000 |
$121,000 | $260,000 |
$45,000 | $173,000 |
| Employment History |
1 | $65,000 |
$65,000 | $65,000 |
$20,000 | $20,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $289,000 |
$96,000 | $110,000 |
$40,000 | $51,000 |
| Mortgage Insurance Denied |
1 | $88,000 |
$88,000 | $88,000 |
$51,000 | $51,000 |
| Other |
2 | $167,000 |
$83,000 | $162,000 |
$45,000 | $52,000 |
| Unverifiable Information |
3 | $634,000 |
$211,000 | $424,000 |
$129,000 | $300,000 |
|
Mortgage Loan App Totals for METROPOLITAN NATIONAL BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
