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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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NORTHWESTERN BANK NA
Mortgage Loans and Application Details
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| Mortgage Company Name |
NORTHWESTERN BANK NA |
| Address | PO BOX 10
DILWORTH, MN 56529 |
| 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 | 132 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,170,000 |
| Average Mortgage Loan Amount Applied For | $104,750 |
| Highest Mortgage Loan Amount Applied For | $318,000 |
| Average Applicant Income | $58,916 |
| Highest Applicant Income | $173,000 |
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| Home Improvement |
17 | $621,000 |
$36,000 | $153,000 |
$66,000 | $138,000 |
| Home Purchase |
63 | $5,120,000 |
$81,000 | $298,000 |
$53,000 | $163,000 |
| Refinancing |
52 | $4,429,000 |
$85,000 | $318,000 |
$61,000 | $173,000 |
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| American Indian or Alaskan Native |
1 | $25,000 |
$25,000 | $25,000 |
$48,000 | $48,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $60,000 |
$60,000 | $60,000 |
$66,000 | $66,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
10 | $721,000 |
$72,000 | $298,000 |
$67,000 | $163,000 |
| White |
120 | $9,364,000 |
$78,000 | $318,000 |
$57,000 | $173,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
128 | $9,767,000 |
$76,000 | $318,000 |
$58,000 | $173,000 |
| FHA-insured (Federal Housing Administration) |
1 | $123,000 |
$123,000 | $123,000 |
$66,000 | $66,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3 | $280,000 |
$93,000 | $110,000 |
$34,000 | $42,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
5 | $604,000 |
$120,000 | $298,000 |
$63,000 | $163,000 |
| Application Denied By Financial Institution |
12 | $768,000 |
$64,000 | $140,000 |
$35,000 | $60,000 |
| Application Withdrawn By Applicant |
1 | $77,000 |
$77,000 | $77,000 |
$42,000 | $42,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
114 | $8,721,000 |
$76,000 | $318,000 |
$60,000 | $173,000 |
| 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 | $140,000 |
$140,000 | $140,000 |
$51,000 | $51,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $342,000 |
$68,000 | $130,000 |
$25,000 | $49,000 |
| Debt-To-Income Ratio |
5 | $171,000 |
$34,000 | $96,000 |
$38,000 | $47,000 |
| Employment History |
1 | $115,000 |
$115,000 | $115,000 |
$60,000 | $60,000 |
| 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 NORTHWESTERN BANK NA by:
Metropolitan Area And
County
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