|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
RIVERSIDE NATIONAL BANK OF FL
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
RIVERSIDE NATIONAL BANK OF FL |
| Address | 2810 SOUTH FEDERAL HIGHWAY
FORT PIERCE, FL 34982 |
| 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 | 3,360 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $380,483,000 |
| Average Mortgage Loan Amount Applied For | $95,131 |
| Highest Mortgage Loan Amount Applied For | $1,950,000 |
| Average Applicant Income | $61,315 |
| Highest Applicant Income | $3,960,000 |
|
|
|
| Home Improvement |
751 | $29,204,000 |
$38,000 | $459,000 |
$55,000 | $552,000 |
| Home Purchase |
1,617 | $211,387,000 |
$130,000 | $1,800,000 |
$74,000 | $3,960,000 |
| Refinancing |
1,182 | $158,501,000 |
$134,000 | $1,950,000 |
$68,000 | $672,000 |
|
|
| American Indian or Alaskan Native |
10 | $1,137,000 |
$113,000 | $280,000 |
$55,000 | $115,000 |
| Asian |
31 | $5,375,000 |
$173,000 | $860,000 |
$98,000 | $472,000 |
| Black or African American |
151 | $14,960,000 |
$99,000 | $540,000 |
$64,000 | $420,000 |
| Hispanic |
273 | $28,636,000 |
$104,000 | $765,000 |
$64,000 | $600,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $889,000 |
$148,000 | $238,000 |
$80,000 | $120,000 |
| Not applicable |
81 | $20,463,000 |
$252,000 | $1,950,000 |
$0 | $0 |
| Not Provided |
715 | $56,052,000 |
$78,000 | $744,000 |
$59,000 | $1,900,000 |
| White |
2,283 | $271,580,000 |
$118,000 | $1,500,000 |
$74,000 | $3,960,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,547 | $398,988,000 |
$112,000 | $1,950,000 |
$68,000 | $3,960,000 |
| FHA-insured (Federal Housing Administration) |
2 | $68,000 |
$34,000 | $52,000 |
$42,000 | $60,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $36,000 |
$36,000 | $36,000 |
$28,000 | $28,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Application Approved But Not Accepted |
523 | $40,569,000 |
$77,000 | $1,950,000 |
$60,000 | $432,000 |
| Application Denied By Financial Institution |
677 | $51,304,000 |
$75,000 | $975,000 |
$54,000 | $672,000 |
| Application Withdrawn By Applicant |
206 | $37,781,000 |
$183,000 | $744,000 |
$78,000 | $1,240,000 |
| File Closed For Incompleteness |
69 | $14,136,000 |
$204,000 | $1,500,000 |
$95,000 | $1,900,000 |
| Loan Originated |
2,074 | $255,096,000 |
$122,000 | $1,800,000 |
$73,000 | $3,960,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $206,000 |
$206,000 | $206,000 |
$50,000 | $50,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
34 | $5,112,000 |
$150,000 | $975,000 |
$79,000 | $347,000 |
| Credit Application Incomplete |
9 | $1,039,000 |
$115,000 | $272,000 |
$97,000 | $320,000 |
| Credit History |
454 | $21,124,000 |
$46,000 | $480,000 |
$46,000 | $672,000 |
| Debt-To-Income Ratio |
114 | $13,553,000 |
$118,000 | $915,000 |
$55,000 | $228,000 |
| Employment History |
12 | $1,363,000 |
$113,000 | $272,000 |
$52,000 | $167,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
11 | $717,000 |
$65,000 | $150,000 |
$62,000 | $156,000 |
| Mortgage Insurance Denied |
2 | $461,000 |
$230,000 | $275,000 |
$115,000 | $116,000 |
| Other |
35 | $6,776,000 |
$193,000 | $600,000 |
$98,000 | $285,000 |
| Unverifiable Information |
6 | $1,159,000 |
$193,000 | $460,000 |
$94,000 | $150,000 |
|
Mortgage Loan App Totals for RIVERSIDE NATIONAL BANK OF FL by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
