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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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MILLENNIUM BANK, N.A.
Mortgage Loans and Application Details
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| Mortgage Company Name |
MILLENNIUM BANK, N.A. |
| Address | 1601 WASHINGTON PLAZA
RESTON, VA 20190 |
| 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 | 70 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $18,277,000 |
| Average Mortgage Loan Amount Applied For | $361,880 |
| Highest Mortgage Loan Amount Applied For | $6,170,000 |
| Average Applicant Income | $84,760 |
| Highest Applicant Income | $712,000 |
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| Home Improvement |
3 | $141,000 |
$47,000 | $60,000 |
$89,000 | $121,000 |
| Home Purchase |
32 | $7,075,000 |
$221,000 | $900,000 |
$92,000 | $712,000 |
| Refinancing |
35 | $11,061,000 |
$316,000 | $6,170,000 |
$30,000 | $166,000 |
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| American Indian or Alaskan Native |
1 | $599,000 |
$599,000 | $599,000 |
$158,000 | $158,000 |
| Asian |
1 | $900,000 |
$900,000 | $900,000 |
$309,000 | $309,000 |
| Black or African American |
1 | $30,000 |
$30,000 | $30,000 |
$149,000 | $149,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
41 | $12,574,000 |
$306,000 | $6,170,000 |
$0 | $0 |
| Not Provided |
1 | $90,000 |
$90,000 | $90,000 |
$13,000 | $13,000 |
| White |
25 | $4,084,000 |
$163,000 | $795,000 |
$147,000 | $712,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
70 | $18,277,000 |
$261,000 | $6,170,000 |
$61,000 | $712,000 |
| 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 |
11 | $1,075,000 |
$97,000 | $152,000 |
$0 | $0 |
| Application Denied By Financial Institution |
3 | $306,000 |
$102,000 | $120,000 |
$53,000 | $100,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
56 | $16,896,000 |
$301,000 | $6,170,000 |
$74,000 | $712,000 |
| 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 |
1 | $90,000 |
$90,000 | $90,000 |
$13,000 | $13,000 |
| Debt-To-Income Ratio |
2 | $216,000 |
$108,000 | $120,000 |
$73,000 | $100,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MILLENNIUM BANK, N.A. by:
Metropolitan Area And
County
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