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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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QUEENSBOROUGH NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
QUEENSBOROUGH NATIONAL BANK |
| Address | 113 EAST BROAD STREET
LOUISVILLE, GA 30434 |
| 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 | 1,304 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $133,000,000 |
| Average Mortgage Loan Amount Applied For | $128,571 |
| Highest Mortgage Loan Amount Applied For | $1,689,000 |
| Average Applicant Income | $79,031 |
| Highest Applicant Income | $1,515,000 |
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| Home Improvement |
151 | $3,339,000 |
$22,000 | $215,000 |
$53,000 | $457,000 |
| Home Purchase |
598 | $71,802,000 |
$120,000 | $900,000 |
$71,000 | $1,515,000 |
| Refinancing |
561 | $58,795,000 |
$104,000 | $1,689,000 |
$67,000 | $924,000 |
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| American Indian or Alaskan Native |
2 | $475,000 |
$237,000 | $252,000 |
$143,000 | $244,000 |
| Asian |
11 | $2,068,000 |
$188,000 | $383,000 |
$107,000 | $206,000 |
| Black or African American |
252 | $19,019,000 |
$75,000 | $388,000 |
$50,000 | $439,000 |
| Hispanic |
33 | $3,379,000 |
$102,000 | $213,000 |
$48,000 | $136,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $466,000 |
$155,000 | $200,000 |
$33,000 | $58,000 |
| Not applicable |
16 | $3,584,000 |
$224,000 | $1,689,000 |
$0 | $0 |
| Not Provided |
11 | $1,926,000 |
$175,000 | $900,000 |
$73,000 | $381,000 |
| White |
982 | $103,019,000 |
$104,000 | $1,087,000 |
$73,000 | $1,515,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,176 | $113,216,000 |
$96,000 | $1,689,000 |
$69,000 | $1,515,000 |
| FHA-insured (Federal Housing Administration) |
37 | $4,242,000 |
$114,000 | $203,000 |
$47,000 | $112,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
4 | $371,000 |
$92,000 | $173,000 |
$45,000 | $71,000 |
| VA-guaranteed (Veterans Administration) |
93 | $16,107,000 |
$173,000 | $328,000 |
$61,000 | $145,000 |
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| Application Approved But Not Accepted |
20 | $2,820,000 |
$141,000 | $500,000 |
$70,000 | $165,000 |
| Application Denied By Financial Institution |
49 | $4,032,000 |
$82,000 | $568,000 |
$66,000 | $300,000 |
| Application Withdrawn By Applicant |
3 | $462,000 |
$154,000 | $422,000 |
$73,000 | $192,000 |
| File Closed For Incompleteness |
7 | $807,000 |
$115,000 | $245,000 |
$41,000 | $78,000 |
| Loan Originated |
1,231 | $125,815,000 |
$102,000 | $1,689,000 |
$67,000 | $1,515,000 |
| 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 |
7 | $983,000 |
$140,000 | $568,000 |
$67,000 | $300,000 |
| Credit Application Incomplete |
1 | $186,000 |
$186,000 | $186,000 |
$39,000 | $39,000 |
| Credit History |
32 | $2,201,000 |
$68,000 | $215,000 |
$75,000 | $300,000 |
| Debt-To-Income Ratio |
4 | $253,000 |
$63,000 | $173,000 |
$38,000 | $61,000 |
| Employment History |
2 | $194,000 |
$97,000 | $134,000 |
$36,000 | $73,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $181,000 |
$90,000 | $137,000 |
$39,000 | $57,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $34,000 |
$34,000 | $34,000 |
$37,000 | $37,000 |
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Mortgage Loan App Totals for QUEENSBOROUGH NATIONAL BANK by:
Metropolitan Area And
County
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