|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
NEWFIELD NATIONAL BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
NEWFIELD NATIONAL BANK |
| Address | 18 WEST BLVD
NEWFIELD, NJ 08344 |
| 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 | 455 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $42,935,000 |
| Average Mortgage Loan Amount Applied For | $224,800 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $163,000 |
| Highest Applicant Income | $1,000,000 |
|
|
|
| Home Improvement |
183 | $8,131,000 |
$44,000 | $470,000 |
$76,000 | $504,000 |
| Home Purchase |
65 | $15,054,000 |
$231,000 | $1,000,000 |
$173,000 | $1,000,000 |
| Refinancing |
207 | $19,750,000 |
$95,000 | $650,000 |
$70,000 | $572,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
6 | $320,000 |
$53,000 | $120,000 |
$131,000 | $504,000 |
| Black or African American |
12 | $558,000 |
$46,000 | $125,000 |
$48,000 | $118,000 |
| Hispanic |
10 | $673,000 |
$67,000 | $140,000 |
$52,000 | $161,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
9 | $2,454,000 |
$272,000 | $797,000 |
$161,000 | $572,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
418 | $38,930,000 |
$93,000 | $1,000,000 |
$86,000 | $1,000,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
455 | $42,935,000 |
$94,000 | $1,000,000 |
$87,000 | $1,000,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
51 | $3,589,000 |
$70,000 | $300,000 |
$47,000 | $167,000 |
| Application Withdrawn By Applicant |
45 | $6,465,000 |
$143,000 | $650,000 |
$83,000 | $572,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
359 | $32,881,000 |
$91,000 | $1,000,000 |
$93,000 | $1,000,000 |
| 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 |
|
|
| Collateral |
4 | $182,000 |
$45,000 | $58,000 |
$57,000 | $99,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
26 | $1,817,000 |
$69,000 | $200,000 |
$43,000 | $167,000 |
| Debt-To-Income Ratio |
21 | $1,590,000 |
$75,000 | $300,000 |
$49,000 | $147,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for NEWFIELD NATIONAL BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
