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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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PARAGON NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
PARAGON NATIONAL BANK |
| Address | 5400 POPLAR AVE STE 220
MEMPHIS, TN 38119 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 233 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $32,782,000 |
| Average Mortgage Loan Amount Applied For | $233,076 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $133,000 |
| Highest Applicant Income | $917,000 |
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| Home Improvement |
3 | $47,000 |
$15,000 | $38,000 |
$54,000 | $75,000 |
| Home Purchase |
189 | $26,755,000 |
$141,000 | $1,000,000 |
$131,000 | $917,000 |
| Refinancing |
43 | $6,212,000 |
$144,000 | $455,000 |
$116,000 | $665,000 |
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| American Indian or Alaskan Native |
2 | $725,000 |
$362,000 | $660,000 |
$560,000 | $590,000 |
| Asian |
2 | $500,000 |
$250,000 | $343,000 |
$143,000 | $250,000 |
| Black or African American |
23 | $2,471,000 |
$107,000 | $288,000 |
$89,000 | $360,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
38 | $4,080,000 |
$107,000 | $496,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
170 | $25,238,000 |
$148,000 | $1,000,000 |
$156,000 | $917,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
232 | $32,606,000 |
$140,000 | $1,000,000 |
$128,000 | $917,000 |
| FHA-insured (Federal Housing Administration) |
3 | $408,000 |
$136,000 | $170,000 |
$54,000 | $66,000 |
| 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 |
11 | $1,229,000 |
$111,000 | $260,000 |
$78,000 | $186,000 |
| Application Denied By Financial Institution |
1 | $92,000 |
$92,000 | $92,000 |
$41,000 | $41,000 |
| Application Withdrawn By Applicant |
4 | $625,000 |
$156,000 | $350,000 |
$70,000 | $148,000 |
| File Closed For Incompleteness |
6 | $853,000 |
$142,000 | $332,000 |
$94,000 | $146,000 |
| Loan Originated |
213 | $30,215,000 |
$141,000 | $1,000,000 |
$132,000 | $917,000 |
| 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 |
1 | $92,000 |
$92,000 | $92,000 |
$41,000 | $41,000 |
| 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 PARAGON NATIONAL BANK by:
Metropolitan Area And
County
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