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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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NORTHERN TRUST, NA
Mortgage Loans and Application Details
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| Mortgage Company Name |
NORTHERN TRUST, NA |
| Address | 700 BRICKELL AVE
MIAMI, FL 33131 |
| 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 | 1,435 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $917,619,000 |
| Average Mortgage Loan Amount Applied For | $625,685 |
| Highest Mortgage Loan Amount Applied For | $9,999,000 |
| Average Applicant Income | $567,080 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
71 | $51,882,000 |
$730,000 | $6,500,000 |
$714,000 | $9,999,000 |
| Home Purchase |
1,037 | $699,628,000 |
$674,000 | $9,999,000 |
$534,000 | $9,999,000 |
| Refinancing |
327 | $166,109,000 |
$507,000 | $8,000,000 |
$379,000 | $9,999,000 |
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| American Indian or Alaskan Native |
5 | $3,595,000 |
$719,000 | $1,890,000 |
$454,000 | $1,051,000 |
| Asian |
10 | $5,944,000 |
$594,000 | $1,360,000 |
$295,000 | $843,000 |
| Black or African American |
102 | $15,132,000 |
$148,000 | $1,575,000 |
$100,000 | $1,962,000 |
| Hispanic |
159 | $32,982,000 |
$207,000 | $3,000,000 |
$230,000 | $5,474,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
186 | $117,307,000 |
$630,000 | $9,400,000 |
$316,000 | $9,999,000 |
| Not Provided |
65 | $62,190,000 |
$956,000 | $9,999,000 |
$762,000 | $9,999,000 |
| White |
908 | $680,469,000 |
$749,000 | $9,999,000 |
$626,000 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,435 | $917,619,000 |
$639,000 | $9,999,000 |
$508,000 | $9,999,000 |
| 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 |
49 | $25,841,000 |
$527,000 | $2,188,000 |
$534,000 | $9,999,000 |
| Application Denied By Financial Institution |
26 | $10,544,000 |
$405,000 | $6,000,000 |
$198,000 | $3,622,000 |
| Application Withdrawn By Applicant |
51 | $37,015,000 |
$725,000 | $3,600,000 |
$388,000 | $2,375,000 |
| File Closed For Incompleteness |
5 | $10,170,000 |
$2,034,000 | $6,000,000 |
$1,724,000 | $4,272,000 |
| Loan Originated |
1,126 | $813,370,000 |
$722,000 | $9,999,000 |
$587,000 | $9,999,000 |
| Loan Purchased By The Institution |
178 | $20,679,000 |
$116,000 | $1,354,000 |
$44,000 | $1,280,000 |
| 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 |
9 | $7,270,000 |
$807,000 | $6,000,000 |
$448,000 | $3,622,000 |
| Debt-To-Income Ratio |
13 | $2,899,000 |
$223,000 | $880,000 |
$77,000 | $266,000 |
| Employment History |
1 | $113,000 |
$113,000 | $113,000 |
$26,000 | $26,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $89,000 |
$89,000 | $89,000 |
$32,000 | $32,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $127,000 |
$127,000 | $127,000 |
$35,000 | $35,000 |
| Unverifiable Information |
1 | $46,000 |
$46,000 | $46,000 |
$25,000 | $25,000 |
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Mortgage Loan App Totals for NORTHERN TRUST, NA by:
Metropolitan Area And
County
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