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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 SERVICE
Mortgage Loans and Application Details
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| Mortgage Company Name |
NATIONAL CITY MORTGAGE SERVICE |
| Address | 1900 E 9TH STREET LOCATOR 01-3013
CLEVELAND, OH 44114 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 6,490 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,071,572,000 |
| Average Mortgage Loan Amount Applied For | $150,709 |
| Highest Mortgage Loan Amount Applied For | $2,155,000 |
| Average Applicant Income | $82,209 |
| Highest Applicant Income | $2,323,000 |
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| Home Improvement |
140 | $29,331,000 |
$209,000 | $1,000,000 |
$90,000 | $589,000 |
| Home Purchase |
2,978 | $470,198,000 |
$185,333 | $1,780,000 |
$69,000 | $1,964,000 |
| Refinancing |
3,382 | $573,746,000 |
$371,200 | $2,155,000 |
$170,000 | $2,323,000 |
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| American Indian or Alaskan Native |
105 | $14,029,000 |
$133,000 | $392,000 |
$91,000 | $350,000 |
| Asian |
126 | $24,409,000 |
$186,500 | $803,000 |
$80,500 | $525,000 |
| Black or African American |
350 | $51,659,000 |
$173,000 | $852,000 |
$98,333 | $444,000 |
| Hispanic |
145 | $19,863,000 |
$97,500 | $650,000 |
$29,500 | $308,000 |
| Native Hawaiin or Other Pacific Islander |
10 | $3,236,000 |
$323,000 | $1,250,000 |
$105,000 | $220,000 |
| Not applicable |
12 | $2,428,000 |
$202,000 | $1,000,000 |
$83,000 | $456,000 |
| Not Provided |
224 | $39,568,000 |
$137,000 | $2,155,000 |
$78,500 | $1,207,000 |
| White |
5,528 | $918,083,000 |
$392,600 | $1,980,000 |
$157,000 | $2,323,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,946 | $1,010,128,000 |
$396,800 | $2,155,000 |
$173,200 | $2,323,000 |
| FHA-insured (Federal Housing Administration) |
481 | $53,942,000 |
$97,333 | $221,000 |
$23,666 | $160,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
15 | $1,570,000 |
$101,000 | $160,000 |
$54,000 | $67,000 |
| VA-guaranteed (Veterans Administration) |
58 | $7,635,000 |
$131,000 | $252,000 |
$42,000 | $118,000 |
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| Application Approved But Not Accepted |
563 | $87,937,000 |
$124,666 | $1,800,000 |
$44,666 | $559,000 |
| Application Denied By Financial Institution |
188 | $28,669,000 |
$443,750 | $1,390,000 |
$208,750 | $512,000 |
| Application Withdrawn By Applicant |
46 | $9,376,000 |
$203,000 | $1,800,000 |
$73,000 | $694,000 |
| File Closed For Incompleteness |
17 | $3,178,000 |
$186,000 | $563,000 |
$82,000 | $270,000 |
| Loan Originated |
5,677 | $942,572,000 |
$197,500 | $2,155,000 |
$80,000 | $2,323,000 |
| 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 |
9 | $1,543,000 |
$171,000 | $563,000 |
$59,000 | $312,000 |
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| Collateral |
21 | $2,532,000 |
$120,000 | $340,000 |
$62,000 | $171,000 |
| Credit Application Incomplete |
64 | $9,891,000 |
$198,750 | $780,000 |
$98,000 | $364,000 |
| Credit History |
72 | $11,077,000 |
$472,333 | $1,390,000 |
$209,666 | $512,000 |
| Debt-To-Income Ratio |
29 | $4,680,000 |
$216,500 | $828,000 |
$49,000 | $127,000 |
| Employment History |
1 | $86,000 |
$86,000 | $86,000 |
$55,000 | $55,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $200,000 |
$100,000 | $109,000 |
$36,000 | $47,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $675,000 |
$112,000 | $173,000 |
$85,000 | $113,000 |
| Unverifiable Information |
2 | $1,071,000 |
$535,000 | $991,000 |
$230,000 | $434,000 |
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Mortgage Loan App Totals for NATIONAL CITY MORTGAGE SERVICE by:
Metropolitan Area And
County
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