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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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SEAWAY NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
SEAWAY NATIONAL BANK |
| Address | 645 EAST 87TH STREET
CHICAGO, IL 60619 |
| 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 | 171 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $19,547,000 |
| Average Mortgage Loan Amount Applied For | $97,142 |
| Highest Mortgage Loan Amount Applied For | $678,000 |
| Average Applicant Income | $63,142 |
| Highest Applicant Income | $360,000 |
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| Home Improvement |
52 | $1,863,000 |
$35,000 | $295,000 |
$38,000 | $188,000 |
| Home Purchase |
98 | $12,932,000 |
$131,000 | $678,000 |
$55,000 | $360,000 |
| Refinancing |
60 | $9,557,000 |
$159,000 | $657,000 |
$63,000 | $335,000 |
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| American Indian or Alaskan Native |
1 | $140,000 |
$140,000 | $140,000 |
$0 | $0 |
| Asian |
3 | $484,000 |
$161,000 | $304,000 |
$77,000 | $113,000 |
| Black or African American |
197 | $21,817,000 |
$110,000 | $678,000 |
$51,000 | $360,000 |
| Hispanic |
4 | $805,000 |
$201,000 | $240,000 |
$65,000 | $81,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $156,000 |
$156,000 | $156,000 |
$40,000 | $40,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
4 | $950,000 |
$237,000 | $657,000 |
$140,000 | $335,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
210 | $24,352,000 |
$115,000 | $678,000 |
$53,000 | $360,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
15 | $2,808,000 |
$187,000 | $678,000 |
$89,000 | $360,000 |
| Application Denied By Financial Institution |
66 | $6,792,000 |
$102,000 | $492,000 |
$44,000 | $123,000 |
| Application Withdrawn By Applicant |
9 | $489,000 |
$54,000 | $200,000 |
$39,000 | $131,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
86 | $10,301,000 |
$119,000 | $657,000 |
$59,000 | $335,000 |
| 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 |
34 | $3,962,000 |
$116,000 | $350,000 |
$43,000 | $99,000 |
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| Collateral |
3 | $452,000 |
$150,000 | $193,000 |
$64,000 | $85,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
63 | $5,730,000 |
$90,000 | $350,000 |
$39,000 | $110,000 |
| Debt-To-Income Ratio |
33 | $4,275,000 |
$129,000 | $492,000 |
$51,000 | $123,000 |
| 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 |
1 | $297,000 |
$297,000 | $297,000 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SEAWAY NATIONAL BANK by:
Metropolitan Area And
County
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