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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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NATIONAL BANK OF ARIZONA
Mortgage Loans and Application Details
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| Mortgage Company Name |
NATIONAL BANK OF ARIZONA |
| Address | 6001 NORTH 24TH STREET, BUILDING B
PHOENIX, AZ 85016 |
| 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 | 1,719 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $577,998,000 |
| Average Mortgage Loan Amount Applied For | $730,920 |
| Highest Mortgage Loan Amount Applied For | $4,900,000 |
| Average Applicant Income | $275,880 |
| Highest Applicant Income | $2,359,000 |
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| Home Improvement |
225 | $11,206,000 |
$49,000 | $740,000 |
$60,000 | $547,000 |
| Home Purchase |
1,043 | $468,845,000 |
$449,000 | $4,900,000 |
$173,000 | $2,359,000 |
| Refinancing |
451 | $97,947,000 |
$217,000 | $3,060,000 |
$117,000 | $2,000,000 |
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| American Indian or Alaskan Native |
22 | $2,270,000 |
$103,000 | $665,000 |
$66,000 | $240,000 |
| Asian |
19 | $6,005,000 |
$316,000 | $1,286,000 |
$127,000 | $434,000 |
| Black or African American |
25 | $6,080,000 |
$243,000 | $950,000 |
$97,000 | $552,000 |
| Hispanic |
348 | $48,296,000 |
$138,000 | $1,796,000 |
$58,000 | $507,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $249,000 |
$83,000 | $185,000 |
$62,000 | $142,000 |
| Not applicable |
12 | $8,999,000 |
$749,000 | $2,375,000 |
$0 | $0 |
| Not Provided |
167 | $108,410,000 |
$649,000 | $4,000,000 |
$256,000 | $1,680,000 |
| White |
1,123 | $397,689,000 |
$354,000 | $4,900,000 |
$158,000 | $2,359,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,627 | $564,353,000 |
$346,000 | $4,900,000 |
$149,000 | $2,359,000 |
| FHA-insured (Federal Housing Administration) |
78 | $10,796,000 |
$138,000 | $255,000 |
$40,000 | $73,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
14 | $2,849,000 |
$203,000 | $334,000 |
$57,000 | $86,000 |
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| Application Approved But Not Accepted |
272 | $107,590,000 |
$395,000 | $4,000,000 |
$176,000 | $2,041,000 |
| Application Denied By Financial Institution |
297 | $65,832,000 |
$221,000 | $4,000,000 |
$85,000 | $1,200,000 |
| Application Withdrawn By Applicant |
57 | $24,961,000 |
$437,000 | $2,698,000 |
$194,000 | $1,648,000 |
| File Closed For Incompleteness |
45 | $25,120,000 |
$558,000 | $3,000,000 |
$169,000 | $900,000 |
| Loan Originated |
1,048 | $354,495,000 |
$338,000 | $4,900,000 |
$148,000 | $2,359,000 |
| 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 |
46 | $9,984,000 |
$217,000 | $1,800,000 |
$140,000 | $832,000 |
| Credit Application Incomplete |
9 | $2,197,000 |
$244,000 | $650,000 |
$118,000 | $380,000 |
| Credit History |
151 | $20,252,000 |
$134,000 | $4,000,000 |
$61,000 | $1,200,000 |
| Debt-To-Income Ratio |
69 | $23,885,000 |
$346,000 | $2,200,000 |
$70,000 | $336,000 |
| Employment History |
2 | $456,000 |
$228,000 | $230,000 |
$57,000 | $60,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
11 | $4,054,000 |
$368,000 | $1,121,000 |
$177,000 | $720,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $4,124,000 |
$515,000 | $1,690,000 |
$160,000 | $405,000 |
| Unverifiable Information |
1 | $880,000 |
$880,000 | $880,000 |
$192,000 | $192,000 |
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Mortgage Loan App Totals for NATIONAL BANK OF ARIZONA by:
Metropolitan Area And
County
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