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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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NORTH AMERICAN BANKING COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
NORTH AMERICAN BANKING COMPANY |
| Address | 2230 ALBERT STREET
ROSEVILLE, MN 55113 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 33 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,613,000 |
| Average Mortgage Loan Amount Applied For | $480,571 |
| Highest Mortgage Loan Amount Applied For | $2,030,000 |
| Average Applicant Income | $144,357 |
| Highest Applicant Income | $1,200,000 |
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| Home Improvement |
2 | $130,000 |
$65,000 | $100,000 |
$165,000 | $203,000 |
| Home Purchase |
17 | $6,874,000 |
$404,000 | $2,030,000 |
$186,000 | $1,200,000 |
| Refinancing |
14 | $4,609,000 |
$329,000 | $1,500,000 |
$174,000 | $1,200,000 |
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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 |
1 | $69,000 |
$69,000 | $69,000 |
$216,000 | $216,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
8 | $3,948,000 |
$493,000 | $2,030,000 |
$0 | $0 |
| Not Provided |
7 | $1,557,000 |
$222,000 | $468,000 |
$192,000 | $684,000 |
| White |
17 | $6,039,000 |
$355,000 | $1,500,000 |
$258,000 | $1,200,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
33 | $11,613,000 |
$351,000 | $2,030,000 |
$180,000 | $1,200,000 |
| 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 | $185,000 |
$185,000 | $185,000 |
$240,000 | $240,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
32 | $11,428,000 |
$357,000 | $2,030,000 |
$178,000 | $1,200,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 NORTH AMERICAN BANKING COMPANY by:
Metropolitan Area And
County
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