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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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MT. RAINIER NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
MT. RAINIER NATIONAL BANK |
| Address | 501 ROOSEVELT AVENUE
ENUMCLAW, WA 98022 |
| 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 | 136 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $28,422,000 |
| Average Mortgage Loan Amount Applied For | $149,000 |
| Highest Mortgage Loan Amount Applied For | $1,365,000 |
| Average Applicant Income | $116,285 |
| Highest Applicant Income | $420,000 |
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| Home Improvement |
28 | $1,779,000 |
$63,000 | $606,000 |
$77,000 | $147,000 |
| Home Purchase |
49 | $14,244,000 |
$290,000 | $1,365,000 |
$103,000 | $420,000 |
| Refinancing |
70 | $14,751,000 |
$210,000 | $988,000 |
$79,000 | $342,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $132,000 |
$132,000 | $132,000 |
$75,000 | $75,000 |
| Black or African American |
1 | $336,000 |
$336,000 | $336,000 |
$104,000 | $104,000 |
| Hispanic |
1 | $63,000 |
$63,000 | $63,000 |
$36,000 | $36,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
7 | $4,405,000 |
$629,000 | $1,365,000 |
$0 | $0 |
| Not Provided |
22 | $5,524,000 |
$251,000 | $1,100,000 |
$80,000 | $258,000 |
| White |
115 | $20,314,000 |
$176,000 | $988,000 |
$94,000 | $420,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
143 | $30,192,000 |
$211,000 | $1,365,000 |
$88,000 | $420,000 |
| FHA-insured (Federal Housing Administration) |
3 | $532,000 |
$177,000 | $202,000 |
$49,000 | $52,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $50,000 |
$50,000 | $50,000 |
$18,000 | $18,000 |
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| Application Approved But Not Accepted |
36 | $9,565,000 |
$265,000 | $810,000 |
$117,000 | $420,000 |
| Application Denied By Financial Institution |
27 | $4,893,000 |
$181,000 | $1,365,000 |
$57,000 | $189,000 |
| Application Withdrawn By Applicant |
11 | $3,152,000 |
$286,000 | $600,000 |
$110,000 | $313,000 |
| File Closed For Incompleteness |
5 | $2,065,000 |
$413,000 | $800,000 |
$108,000 | $180,000 |
| Loan Originated |
62 | $9,319,000 |
$150,000 | $1,050,000 |
$79,000 | $273,000 |
| 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 |
6 | $1,780,000 |
$296,000 | $1,100,000 |
$55,000 | $132,000 |
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| Collateral |
5 | $1,263,000 |
$252,000 | $610,000 |
$104,000 | $189,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
13 | $2,060,000 |
$158,000 | $1,100,000 |
$52,000 | $132,000 |
| Debt-To-Income Ratio |
10 | $1,735,000 |
$173,000 | $605,000 |
$55,000 | $140,000 |
| Employment History |
1 | $115,000 |
$115,000 | $115,000 |
$37,000 | $37,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $1,450,000 |
$483,000 | $1,365,000 |
$33,000 | $51,000 |
| Unverifiable Information |
1 | $50,000 |
$50,000 | $50,000 |
$0 | $0 |
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Mortgage Loan App Totals for MT. RAINIER NATIONAL BANK by:
Metropolitan Area And
County
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