|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
SOMERVILLE NATIONAL BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
SOMERVILLE NATIONAL BANK |
| Address | 197 SOUTH MAIN STREET
SOMERVILLE, OH 45064 |
| 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 | 338 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $32,041,000 |
| Average Mortgage Loan Amount Applied For | $100,500 |
| Highest Mortgage Loan Amount Applied For | $466,000 |
| Average Applicant Income | $63,375 |
| Highest Applicant Income | $358,000 |
|
|
|
| Home Improvement |
1 | $40,000 |
$40,000 | $40,000 |
$40,000 | $40,000 |
| Home Purchase |
173 | $17,129,000 |
$99,000 | $324,000 |
$55,000 | $244,000 |
| Refinancing |
164 | $14,872,000 |
$90,000 | $466,000 |
$64,000 | $358,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $220,000 |
$220,000 | $220,000 |
$52,000 | $52,000 |
| Black or African American |
1 | $112,000 |
$112,000 | $112,000 |
$30,000 | $30,000 |
| Hispanic |
4 | $288,000 |
$72,000 | $145,000 |
$45,000 | $70,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
28 | $2,041,000 |
$72,000 | $324,000 |
$37,000 | $86,000 |
| White |
304 | $29,380,000 |
$96,000 | $466,000 |
$62,000 | $358,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
293 | $27,973,000 |
$95,000 | $466,000 |
$62,000 | $358,000 |
| FHA-insured (Federal Housing Administration) |
41 | $3,656,000 |
$89,000 | $181,000 |
$45,000 | $96,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $412,000 |
$103,000 | $138,000 |
$41,000 | $60,000 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
41 | $3,030,000 |
$73,000 | $159,000 |
$34,000 | $68,000 |
| Application Withdrawn By Applicant |
37 | $3,985,000 |
$107,000 | $324,000 |
$50,000 | $214,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
260 | $25,026,000 |
$96,000 | $466,000 |
$65,000 | $358,000 |
| 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 |
3 | $321,000 |
$107,000 | $138,000 |
$45,000 | $60,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
29 | $2,129,000 |
$73,000 | $138,000 |
$30,000 | $66,000 |
| Debt-To-Income Ratio |
7 | $435,000 |
$62,000 | $159,000 |
$48,000 | $68,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $73,000 |
$73,000 | $73,000 |
$24,000 | $24,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $72,000 |
$72,000 | $72,000 |
$26,000 | $26,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for SOMERVILLE NATIONAL BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
