|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
NATIONAL BANK OF COMMERCE
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
NATIONAL BANK OF COMMERCE |
| Address | ONE COMMERCE SQUARE, 4TH FLOOR
MEMPHIS, TN 38150 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 27,208 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,046,983,000 |
| Average Mortgage Loan Amount Applied For | $183,422 |
| Highest Mortgage Loan Amount Applied For | $6,100,000 |
| Average Applicant Income | $90,039 |
| Highest Applicant Income | $6,760,000 |
|
|
|
| Home Improvement |
2,034 | $59,285,000 |
$38,833 | $2,700,000 |
$64,333 | $2,162,000 |
| Home Purchase |
14,264 | $2,446,575,000 |
$296,000 | $4,160,000 |
$133,526 | $6,760,000 |
| Refinancing |
10,910 | $1,541,123,000 |
$263,805 | $6,100,000 |
$96,111 | $4,116,000 |
|
|
| American Indian or Alaskan Native |
108 | $16,363,000 |
$155,000 | $567,000 |
$59,333 | $581,000 |
| Asian |
571 | $95,004,000 |
$215,714 | $1,500,000 |
$111,095 | $1,196,000 |
| Black or African American |
3,119 | $389,295,000 |
$149,521 | $3,500,000 |
$87,608 | $1,628,000 |
| Hispanic |
871 | $113,674,000 |
$141,818 | $1,100,000 |
$68,181 | $619,000 |
| Native Hawaiin or Other Pacific Islander |
81 | $12,559,000 |
$161,285 | $1,120,000 |
$74,857 | $943,000 |
| Not applicable |
555 | $109,846,000 |
$190,307 | $4,200,000 |
$28,538 | $1,500,000 |
| Not Provided |
2,007 | $175,959,000 |
$177,625 | $2,000,000 |
$91,458 | $1,920,000 |
| White |
19,896 | $3,134,283,000 |
$316,225 | $6,100,000 |
$136,250 | $6,760,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
25,426 | $3,829,147,000 |
$278,595 | $6,100,000 |
$121,023 | $6,760,000 |
| FHA-insured (Federal Housing Administration) |
1,554 | $186,979,000 |
$110,333 | $231,000 |
$43,333 | $456,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
26 | $2,418,000 |
$107,250 | $166,000 |
$26,750 | $51,000 |
| VA-guaranteed (Veterans Administration) |
202 | $28,439,000 |
$136,428 | $251,000 |
$50,142 | $129,000 |
|
|
| Application Approved But Not Accepted |
1,360 | $153,197,000 |
$125,956 | $1,234,000 |
$66,608 | $6,760,000 |
| Application Denied By Financial Institution |
4,031 | $364,048,000 |
$175,962 | $1,500,000 |
$65,777 | $1,500,000 |
| Application Withdrawn By Applicant |
2,737 | $437,259,000 |
$265,789 | $3,500,000 |
$87,315 | $4,116,000 |
| File Closed For Incompleteness |
16 | $2,908,000 |
$172,666 | $549,000 |
$87,500 | $304,000 |
| Loan Originated |
18,918 | $3,055,353,000 |
$336,026 | $6,100,000 |
$151,710 | $2,496,000 |
| Loan Purchased By The Institution |
146 | $34,218,000 |
$205,450 | $1,500,000 |
$72,800 | $480,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
316 | $36,855,000 |
$145,833 | $1,500,000 |
$71,416 | $1,140,000 |
| Credit Application Incomplete |
36 | $5,753,000 |
$160,285 | $665,000 |
$52,857 | $300,000 |
| Credit History |
1,844 | $127,157,000 |
$122,857 | $830,000 |
$51,714 | $1,500,000 |
| Debt-To-Income Ratio |
906 | $77,326,000 |
$149,357 | $715,000 |
$44,357 | $354,000 |
| Employment History |
57 | $8,382,000 |
$198,142 | $671,000 |
$65,428 | $300,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
23 | $3,311,000 |
$108,200 | $1,000,000 |
$53,000 | $416,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
721 | $80,548,000 |
$128,850 | $1,000,000 |
$58,700 | $895,000 |
| Unverifiable Information |
128 | $24,716,000 |
$228,100 | $1,500,000 |
$91,000 | $588,000 |
|
Mortgage Loan App Totals for NATIONAL BANK OF COMMERCE by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
