|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
NBANK, N.A.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
NBANK, N.A. |
| Address | 1731 NORTH ELM STREET
COMMERCE, GA 30529 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 4,105 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $765,188,000 |
| Average Mortgage Loan Amount Applied For | $163,825 |
| Highest Mortgage Loan Amount Applied For | $1,360,000 |
| Average Applicant Income | $75,221 |
| Highest Applicant Income | $965,000 |
|
|
|
| Home Improvement |
11 | $528,000 |
$48,000 | $350,000 |
$50,000 | $120,000 |
| Home Purchase |
1,886 | $304,034,000 |
$161,000 | $1,360,000 |
$75,000 | $881,000 |
| Refinancing |
2,208 | $460,626,000 |
$208,000 | $1,120,000 |
$85,000 | $965,000 |
|
|
| American Indian or Alaskan Native |
11 | $2,116,000 |
$192,000 | $480,000 |
$73,000 | $238,000 |
| Asian |
173 | $47,333,000 |
$273,000 | $1,000,000 |
$103,000 | $588,000 |
| Black or African American |
514 | $76,519,000 |
$148,000 | $1,000,000 |
$61,000 | $280,000 |
| Hispanic |
297 | $68,907,000 |
$232,000 | $760,000 |
$84,000 | $585,000 |
| Native Hawaiin or Other Pacific Islander |
25 | $7,277,000 |
$291,000 | $1,003,000 |
$109,000 | $549,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
268 | $63,238,000 |
$235,000 | $960,000 |
$88,000 | $319,000 |
| White |
2,817 | $499,798,000 |
$177,000 | $1,360,000 |
$81,000 | $965,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,127 | $640,777,000 |
$204,000 | $1,360,000 |
$90,000 | $965,000 |
| FHA-insured (Federal Housing Administration) |
816 | $99,153,000 |
$121,000 | $337,000 |
$49,000 | $409,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
162 | $25,258,000 |
$155,000 | $415,000 |
$53,000 | $157,000 |
|
|
| Application Approved But Not Accepted |
854 | $186,244,000 |
$218,000 | $1,360,000 |
$90,000 | $706,000 |
| Application Denied By Financial Institution |
632 | $133,726,000 |
$211,000 | $1,120,000 |
$88,000 | $743,000 |
| Application Withdrawn By Applicant |
92 | $14,075,000 |
$152,000 | $561,000 |
$71,000 | $881,000 |
| File Closed For Incompleteness |
40 | $7,620,000 |
$190,000 | $933,000 |
$96,000 | $757,000 |
| Loan Originated |
2,136 | $373,122,000 |
$174,000 | $975,000 |
$76,000 | $965,000 |
| Loan Purchased By The Institution |
351 | $50,401,000 |
$143,000 | $584,000 |
$65,000 | $463,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
83 | $18,014,000 |
$217,000 | $1,120,000 |
$112,000 | $743,000 |
| Credit Application Incomplete |
31 | $9,668,000 |
$311,000 | $1,000,000 |
$108,000 | $396,000 |
| Credit History |
193 | $34,935,000 |
$181,000 | $1,000,000 |
$74,000 | $372,000 |
| Debt-To-Income Ratio |
107 | $20,793,000 |
$194,000 | $665,000 |
$70,000 | $240,000 |
| Employment History |
30 | $6,500,000 |
$216,000 | $944,000 |
$96,000 | $468,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
10 | $3,262,000 |
$326,000 | $1,000,000 |
$124,000 | $588,000 |
| Mortgage Insurance Denied |
1 | $90,000 |
$90,000 | $90,000 |
$23,000 | $23,000 |
| Other |
147 | $33,126,000 |
$225,000 | $1,050,000 |
$94,000 | $585,000 |
| Unverifiable Information |
30 | $7,338,000 |
$244,000 | $860,000 |
$103,000 | $402,000 |
|
Mortgage Loan App Totals for NBANK, N.A. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
