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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 CITY MORTGAGE CORPORA
Mortgage Loans and Application Details
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| Mortgage Company Name |
NATIONAL CITY MORTGAGE CORPORA |
| Address | 1900 E9th Street Locator 01-3013
Cleveland, OH 44114 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 691,562 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $119,709,094,000 |
| Average Mortgage Loan Amount Applied For | $118,418 |
| Highest Mortgage Loan Amount Applied For | $5,000,000 |
| Average Applicant Income | $51,629 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement (one-to-four family) |
944 | $140,844,000 |
$178,407 | $1,000,000 |
$82,703 | $702,000 |
| Home Purchase (one-to-four family) |
201,765 | $33,140,647,000 |
$150,725 | $2,555,000 |
$60,686 | $9,999,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
488,856 | $86,427,848,000 |
$156,333 | $5,000,000 |
$54,294 | $9,999,000 |
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| American Indian or Alaskan Native |
1,699 | $278,301,000 |
$136,571 | $1,500,000 |
$61,244 | $1,642,000 |
| Asian or Pacific Islander |
28,472 | $7,054,539,000 |
$178,040 | $2,000,000 |
$71,775 | $7,589,000 |
| Black |
38,606 | $5,478,961,000 |
$137,020 | $1,589,000 |
$51,265 | $6,188,000 |
| Hispanic |
51,946 | $8,131,546,000 |
$132,460 | $1,520,000 |
$46,180 | $9,501,000 |
| Information not provided by applicant in mail or telephone application |
83,740 | $15,771,680,000 |
$158,000 | $2,555,000 |
$68,588 | $7,545,000 |
| Not applicable |
71,620 | $12,211,772,000 |
$171,000 | $1,840,000 |
$0 | $38,000 |
| Other |
5,876 | $1,178,258,000 |
$164,333 | $1,608,000 |
$65,479 | $884,000 |
| White |
409,606 | $69,604,282,000 |
$157,078 | $5,000,000 |
$65,588 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
539,663 | $100,043,006,000 |
$161,843 | $5,000,000 |
$70,215 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
122,876 | $15,602,190,000 |
$121,196 | $1,589,000 |
$29,176 | $6,052,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
880 | $90,984,000 |
$105,625 | $276,000 |
$42,900 | $3,137,000 |
| VA-guaranteed (Veterans Administration) |
28,146 | $3,973,159,000 |
$136,653 | $997,000 |
$27,836 | $883,000 |
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| Application Approved But Not Accepted |
63,334 | $11,578,341,000 |
$151,470 | $5,000,000 |
$58,784 | $9,999,000 |
| Application Denied By Financial Institution |
25,520 | $4,255,795,000 |
$146,529 | $3,800,000 |
$58,921 | $6,231,000 |
| Application Withdrawn By Applicant |
15,348 | $2,679,672,000 |
$158,372 | $2,000,000 |
$66,784 | $6,000,000 |
| File Closed For Incompleteness |
9,552 | $1,709,602,000 |
$155,039 | $3,000,000 |
$68,294 | $6,052,000 |
| Loan Originated |
506,183 | $87,272,130,000 |
$154,372 | $4,800,000 |
$64,333 | $9,999,000 |
| Loan Purchased By The Institution |
71,628 | $12,213,799,000 |
$171,019 | $1,840,000 |
$0 | $71,000 |
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| Collateral |
1,967 | $308,083,000 |
$144,062 | $2,100,000 |
$70,500 | $6,231,000 |
| Credit Application Incomplete |
169 | $25,398,000 |
$153,156 | $800,000 |
$55,187 | $546,000 |
| Credit History |
9,472 | $1,502,234,000 |
$138,900 | $3,800,000 |
$52,120 | $3,137,000 |
| Debt-To-Income Ratio |
6,514 | $1,120,728,000 |
$152,431 | $2,500,000 |
$51,901 | $6,195,000 |
| Employment History |
682 | $112,846,000 |
$151,341 | $893,000 |
$57,243 | $999,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
323 | $62,940,000 |
$166,729 | $1,161,000 |
$68,378 | $470,000 |
| Mortgage Insurance Denied |
112 | $14,451,000 |
$133,500 | $603,000 |
$46,142 | $286,000 |
| Other |
5,862 | $1,038,816,000 |
$155,780 | $2,000,000 |
$70,980 | $1,682,000 |
| Unverifiable Information |
419 | $70,299,000 |
$156,378 | $995,000 |
$68,432 | $606,000 |
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Mortgage Loan App Totals for NATIONAL CITY MORTGAGE CORPORA by:
Metropolitan Area And
County
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