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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 | 1127 TOWER AVENUE
SUPERIOR, WI 54880 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 270 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $32,716,000 |
| Average Mortgage Loan Amount Applied For | $137,333 |
| Highest Mortgage Loan Amount Applied For | $4,006,000 |
| Average Applicant Income | $63,666 |
| Highest Applicant Income | $522,000 |
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| Home Improvement |
36 | $1,986,000 |
$55,000 | $300,000 |
$52,000 | $111,000 |
| Home Purchase |
121 | $15,197,000 |
$125,000 | $650,000 |
$79,000 | $700,000 |
| Refinancing |
155 | $20,020,000 |
$129,000 | $4,006,000 |
$64,000 | $1,118,000 |
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| American Indian or Alaskan Native |
6 | $329,000 |
$54,000 | $109,000 |
$35,000 | $58,000 |
| Asian |
3 | $325,000 |
$108,000 | $137,000 |
$25,000 | $34,000 |
| Black or African American |
1 | $59,000 |
$59,000 | $59,000 |
$25,000 | $25,000 |
| Hispanic |
3 | $188,000 |
$62,000 | $77,000 |
$28,000 | $49,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
7 | $5,822,000 |
$831,000 | $4,006,000 |
$21,000 | $129,000 |
| Not Provided |
35 | $3,208,000 |
$91,000 | $244,000 |
$67,000 | $279,000 |
| White |
257 | $27,272,000 |
$106,000 | $600,000 |
$72,000 | $1,118,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
312 | $37,203,000 |
$119,000 | $4,006,000 |
$68,000 | $1,118,000 |
| 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 |
14 | $1,762,000 |
$125,000 | $650,000 |
$81,000 | $522,000 |
| Application Denied By Financial Institution |
59 | $5,789,000 |
$98,000 | $445,000 |
$47,000 | $250,000 |
| Application Withdrawn By Applicant |
6 | $715,000 |
$119,000 | $181,000 |
$229,000 | $1,118,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
233 | $28,937,000 |
$124,000 | $4,006,000 |
$69,000 | $700,000 |
| 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 |
3 | $594,000 |
$198,000 | $384,000 |
$124,000 | $250,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
28 | $2,611,000 |
$93,000 | $238,000 |
$43,000 | $114,000 |
| Debt-To-Income Ratio |
22 | $2,025,000 |
$92,000 | $445,000 |
$42,000 | $160,000 |
| Employment History |
3 | $230,000 |
$76,000 | $146,000 |
$44,000 | $62,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $201,000 |
$100,000 | $148,000 |
$54,000 | $69,000 |
| Unverifiable Information |
1 | $128,000 |
$128,000 | $128,000 |
$18,000 | $18,000 |
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Mortgage Loan App Totals for NATIONAL BANK OF COMMERCE by:
Metropolitan Area And
County
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