|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
PINNACLE NATIONAL BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
PINNACLE NATIONAL BANK |
| Address | 211 COMMERCE STREET SUITE 300
NASHVILLE, TN 37201 |
| 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 | 681 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $104,971,000 |
| Average Mortgage Loan Amount Applied For | $224,135 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $202,675 |
| Highest Applicant Income | $1,500,000 |
|
|
|
| Home Improvement |
112 | $2,185,000 |
$19,000 | $150,000 |
$70,000 | $450,000 |
| Home Purchase |
387 | $73,249,000 |
$189,000 | $1,365,000 |
$123,000 | $1,500,000 |
| Refinancing |
182 | $29,537,000 |
$162,000 | $2,000,000 |
$126,000 | $1,029,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
13 | $1,384,000 |
$106,000 | $314,000 |
$73,000 | $200,000 |
| Black or African American |
32 | $2,648,000 |
$82,000 | $300,000 |
$96,000 | $1,230,000 |
| Hispanic |
13 | $1,184,000 |
$91,000 | $224,000 |
$58,000 | $145,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $10,000 |
$10,000 | $10,000 |
$18,000 | $18,000 |
| Not applicable |
45 | $9,950,000 |
$221,000 | $1,300,000 |
$17,000 | $768,000 |
| Not Provided |
2 | $58,000 |
$29,000 | $55,000 |
$68,000 | $85,000 |
| White |
575 | $89,737,000 |
$156,000 | $2,000,000 |
$126,000 | $1,500,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
642 | $99,916,000 |
$155,000 | $2,000,000 |
$119,000 | $1,500,000 |
| FHA-insured (Federal Housing Administration) |
35 | $4,517,000 |
$129,000 | $216,000 |
$49,000 | $89,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $538,000 |
$134,000 | $202,000 |
$41,000 | $56,000 |
|
|
| Application Approved But Not Accepted |
17 | $2,811,000 |
$165,000 | $525,000 |
$141,000 | $419,000 |
| Application Denied By Financial Institution |
35 | $2,487,000 |
$71,000 | $760,000 |
$68,000 | $500,000 |
| Application Withdrawn By Applicant |
154 | $30,443,000 |
$197,000 | $648,000 |
$85,000 | $628,000 |
| File Closed For Incompleteness |
42 | $9,157,000 |
$218,000 | $2,000,000 |
$93,000 | $450,000 |
| Loan Originated |
433 | $60,073,000 |
$138,000 | $2,000,000 |
$131,000 | $1,500,000 |
| 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 |
|
|
| Collateral |
2 | $766,000 |
$383,000 | $760,000 |
$305,000 | $500,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
24 | $757,000 |
$31,000 | $136,000 |
$55,000 | $200,000 |
| Debt-To-Income Ratio |
7 | $960,000 |
$137,000 | $285,000 |
$44,000 | $76,000 |
| Employment History |
1 | $2,000 |
$2,000 | $2,000 |
$21,000 | $21,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $2,000 |
$2,000 | $2,000 |
$119,000 | $119,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for PINNACLE NATIONAL BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
