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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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OCALA NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
OCALA NATIONAL BANK |
| Address | 112 N MAGNOLIA AVE
OCALA, FL 34475 |
| 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 | 162 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $29,539,000 |
| Average Mortgage Loan Amount Applied For | $253,437 |
| Highest Mortgage Loan Amount Applied For | $750,000 |
| Average Applicant Income | $92,937 |
| Highest Applicant Income | $2,540,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
102 | $19,001,000 |
$186,000 | $513,000 |
$112,000 | $2,540,000 |
| Refinancing |
60 | $10,538,000 |
$175,000 | $750,000 |
$64,000 | $298,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
4 | $372,000 |
$93,000 | $128,000 |
$83,000 | $170,000 |
| Black or African American |
17 | $3,520,000 |
$207,000 | $450,000 |
$80,000 | $420,000 |
| Hispanic |
10 | $1,947,000 |
$194,000 | $360,000 |
$46,000 | $150,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
4 | $796,000 |
$199,000 | $370,000 |
$86,000 | $132,000 |
| White |
127 | $22,904,000 |
$180,000 | $750,000 |
$101,000 | $2,540,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
162 | $29,539,000 |
$182,000 | $750,000 |
$94,000 | $2,540,000 |
| 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 |
23 | $4,117,000 |
$179,000 | $450,000 |
$54,000 | $201,000 |
| Application Withdrawn By Applicant |
52 | $8,641,000 |
$166,000 | $475,000 |
$81,000 | $420,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
87 | $16,781,000 |
$192,000 | $750,000 |
$112,000 | $2,540,000 |
| 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 |
2 | $188,000 |
$94,000 | $120,000 |
$185,000 | $201,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
17 | $3,348,000 |
$196,000 | $450,000 |
$36,000 | $89,000 |
| Debt-To-Income Ratio |
1 | $189,000 |
$189,000 | $189,000 |
$41,000 | $41,000 |
| Employment History |
1 | $190,000 |
$190,000 | $190,000 |
$55,000 | $55,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $89,000 |
$89,000 | $89,000 |
$96,000 | $96,000 |
| Unverifiable Information |
1 | $113,000 |
$113,000 | $113,000 |
$75,000 | $75,000 |
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Mortgage Loan App Totals for OCALA NATIONAL BANK by:
Metropolitan Area And
County
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