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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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NORCROWN BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
NORCROWN BANK |
| Address | 1455 VALLEY ROAD WAYNE, NJ 07470 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2005 |
| All Data Years | 2005 |
| Total Number of Mortgage Loan Applications Processed | 7 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,811,000 |
| Average Mortgage Loan Amount Applied For | $971,250 |
| Highest Mortgage Loan Amount Applied For | $1,960,000 |
| Average Applicant Income | $24,500 |
| Highest Applicant Income | $93,000 |
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| Home Improvement |
2 | $90,000 |
$45,000 | $75,000 |
$70,000 | $93,000 |
| Home Purchase |
3 | $4,213,000 |
$1,404,000 | $1,960,000 |
$0 | $0 |
| Refinancing |
2 | $1,508,000 |
$754,000 | $1,500,000 |
$28,000 | $56,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
4 | $5,713,000 |
$1,428,000 | $1,960,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
3 | $98,000 |
$32,000 | $75,000 |
$63,000 | $93,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
7 | $5,811,000 |
$830,000 | $1,960,000 |
$25,000 | $93,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
1 | $8,000 |
$8,000 | $8,000 |
$56,000 | $56,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
6 | $5,803,000 |
$967,000 | $1,960,000 |
$17,000 | $93,000 |
| 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 |
1 | $8,000 |
$8,000 | $8,000 |
$56,000 | $56,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
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Mortgage Loan App Totals for NORCROWN BANK by:
Metropolitan Area And
County
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