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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 COMMERCE
Mortgage Loans and Application Details
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| Mortgage Company Name |
NATIONAL BANK OF COMMERCE |
| Address | 1927 1ST AVENUE NORTH
BIRMINGHAM, AL 35203 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 1,536 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $262,067,000 |
| Average Mortgage Loan Amount Applied For | $221,341 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $122,024 |
| Highest Applicant Income | $3,833,000 |
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| Home Improvement |
24 | $370,000 |
$15,000 | $75,000 |
$46,000 | $206,000 |
| Home Purchase |
935 | $162,909,000 |
$257,454 | $1,950,000 |
$183,181 | $2,083,000 |
| Refinancing |
577 | $98,788,000 |
$613,142 | $3,000,000 |
$144,714 | $3,833,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
15 | $1,748,000 |
$112,666 | $224,000 |
$84,666 | $231,000 |
| Black or African American |
66 | $6,941,000 |
$108,333 | $356,000 |
$48,666 | $180,000 |
| Hispanic |
37 | $5,309,000 |
$152,000 | $334,000 |
$89,500 | $216,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
57 | $14,857,000 |
$290,500 | $1,950,000 |
$11,000 | $92,000 |
| Not Provided |
48 | $7,756,000 |
$152,000 | $825,000 |
$83,333 | $390,000 |
| White |
1,313 | $225,456,000 |
$463,461 | $3,000,000 |
$189,076 | $3,833,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,443 | $251,160,000 |
$463,692 | $3,000,000 |
$190,076 | $3,833,000 |
| FHA-insured (Federal Housing Administration) |
66 | $7,051,000 |
$107,666 | $197,000 |
$44,333 | $195,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3 | $318,000 |
$106,000 | $110,000 |
$28,000 | $33,000 |
| VA-guaranteed (Veterans Administration) |
24 | $3,538,000 |
$159,666 | $271,000 |
$55,000 | $132,000 |
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| Application Approved But Not Accepted |
79 | $12,046,000 |
$147,666 | $650,000 |
$63,333 | $274,000 |
| Application Denied By Financial Institution |
34 | $4,211,000 |
$99,666 | $500,000 |
$63,000 | $258,000 |
| Application Withdrawn By Applicant |
72 | $13,706,000 |
$168,666 | $793,000 |
$105,333 | $477,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,351 | $232,104,000 |
$470,923 | $3,000,000 |
$188,615 | $3,833,000 |
| 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 |
5 | $678,000 |
$132,000 | $181,000 |
$67,000 | $109,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
18 | $1,843,000 |
$111,500 | $248,000 |
$43,500 | $104,000 |
| Debt-To-Income Ratio |
8 | $812,000 |
$91,333 | $236,000 |
$48,333 | $93,000 |
| 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 |
3 | $878,000 |
$344,500 | $500,000 |
$185,500 | $258,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for NATIONAL BANK OF COMMERCE by:
Metropolitan Area And
County
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