|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
PARK NATIONAL BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
PARK NATIONAL BANK |
| Address | 50 N THIRD STREET
NEWARK, OH 43055 |
| 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 | 1,917 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $213,549,000 |
| Average Mortgage Loan Amount Applied For | $159,133 |
| Highest Mortgage Loan Amount Applied For | $3,500,000 |
| Average Applicant Income | $101,150 |
| Highest Applicant Income | $1,393,000 |
|
|
|
| Home Improvement |
193 | $7,327,000 |
$37,000 | $818,000 |
$63,000 | $588,000 |
| Home Purchase |
1,046 | $126,587,000 |
$121,000 | $3,500,000 |
$65,000 | $1,393,000 |
| Refinancing |
757 | $88,253,000 |
$116,000 | $1,129,000 |
$72,000 | $927,000 |
|
|
| American Indian or Alaskan Native |
4 | $445,000 |
$111,000 | $139,000 |
$69,000 | $86,000 |
| Asian |
6 | $834,000 |
$139,000 | $286,000 |
$100,000 | $245,000 |
| Black or African American |
24 | $3,168,000 |
$132,000 | $417,000 |
$85,000 | $948,000 |
| Hispanic |
15 | $1,361,000 |
$90,000 | $229,000 |
$60,000 | $138,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $247,000 |
$61,000 | $74,000 |
$27,000 | $54,000 |
| Not applicable |
49 | $16,513,000 |
$337,000 | $3,500,000 |
$0 | $0 |
| Not Provided |
79 | $5,442,000 |
$68,000 | $489,000 |
$59,000 | $460,000 |
| White |
1,815 | $194,157,000 |
$106,000 | $940,000 |
$70,000 | $1,393,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,827 | $203,744,000 |
$111,000 | $3,500,000 |
$69,000 | $1,393,000 |
| FHA-insured (Federal Housing Administration) |
122 | $12,893,000 |
$105,000 | $190,000 |
$47,000 | $93,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
9 | $1,011,000 |
$112,000 | $136,000 |
$41,000 | $57,000 |
| VA-guaranteed (Veterans Administration) |
38 | $4,519,000 |
$118,000 | $333,000 |
$50,000 | $121,000 |
|
|
| Application Approved But Not Accepted |
7 | $633,000 |
$90,000 | $188,000 |
$135,000 | $273,000 |
| Application Denied By Financial Institution |
290 | $25,622,000 |
$88,000 | $400,000 |
$45,000 | $315,000 |
| Application Withdrawn By Applicant |
220 | $27,758,000 |
$126,000 | $3,500,000 |
$61,000 | $275,000 |
| File Closed For Incompleteness |
21 | $2,084,000 |
$99,000 | $197,000 |
$57,000 | $119,000 |
| Loan Originated |
1,422 | $161,859,000 |
$113,000 | $1,129,000 |
$74,000 | $1,393,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
2 | $251,000 |
$125,000 | $172,000 |
$12,000 | $24,000 |
| Preapproval Denied by Financial Institution |
34 | $3,960,000 |
$116,000 | $245,000 |
$36,000 | $94,000 |
|
|
| Collateral |
34 | $3,308,000 |
$97,000 | $311,000 |
$52,000 | $100,000 |
| Credit Application Incomplete |
28 | $3,237,000 |
$115,000 | $400,000 |
$50,000 | $200,000 |
| Credit History |
177 | $15,025,000 |
$84,000 | $400,000 |
$41,000 | $160,000 |
| Debt-To-Income Ratio |
66 | $6,342,000 |
$96,000 | $333,000 |
$44,000 | $315,000 |
| Employment History |
9 | $830,000 |
$92,000 | $127,000 |
$39,000 | $80,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
9 | $685,000 |
$76,000 | $135,000 |
$59,000 | $116,000 |
| Unverifiable Information |
1 | $155,000 |
$155,000 | $155,000 |
$35,000 | $35,000 |
|
Mortgage Loan App Totals for PARK NATIONAL BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
