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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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SUFFOLK COUNTY NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
SUFFOLK COUNTY NATIONAL BANK |
| Address | P.O. BOX 9000
RIVERHEAD, NY 11901 |
| 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 | 540 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $75,373,000 |
| Average Mortgage Loan Amount Applied For | $606,200 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $368,400 |
| Highest Applicant Income | $905,000 |
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| Home Improvement |
208 | $14,169,000 |
$68,000 | $650,000 |
$103,000 | $850,000 |
| Home Purchase |
156 | $32,779,000 |
$210,000 | $2,000,000 |
$98,000 | $905,000 |
| Refinancing |
176 | $28,425,000 |
$161,000 | $1,600,000 |
$76,000 | $520,000 |
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| American Indian or Alaskan Native |
2 | $50,000 |
$25,000 | $35,000 |
$29,000 | $35,000 |
| Asian |
2 | $142,000 |
$71,000 | $110,000 |
$98,000 | $131,000 |
| Black or African American |
11 | $1,249,000 |
$113,000 | $266,000 |
$87,000 | $325,000 |
| Hispanic |
26 | $2,001,000 |
$76,000 | $472,000 |
$68,000 | $240,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $90,000 |
$90,000 | $90,000 |
$135,000 | $135,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
498 | $71,841,000 |
$144,000 | $2,000,000 |
$94,000 | $905,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
540 | $75,373,000 |
$139,000 | $2,000,000 |
$93,000 | $905,000 |
| 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 |
11 | $1,842,000 |
$167,000 | $309,000 |
$67,000 | $335,000 |
| Application Denied By Financial Institution |
88 | $5,453,000 |
$61,000 | $547,000 |
$61,000 | $403,000 |
| Application Withdrawn By Applicant |
41 | $8,186,000 |
$199,000 | $1,600,000 |
$91,000 | $381,000 |
| File Closed For Incompleteness |
1 | $175,000 |
$175,000 | $175,000 |
$70,000 | $70,000 |
| Loan Originated |
399 | $59,717,000 |
$149,000 | $2,000,000 |
$101,000 | $905,000 |
| 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 |
5 | $892,000 |
$178,000 | $547,000 |
$174,000 | $403,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
31 | $1,648,000 |
$53,000 | $200,000 |
$70,000 | $216,000 |
| Debt-To-Income Ratio |
46 | $2,230,000 |
$48,000 | $125,000 |
$45,000 | $176,000 |
| Employment History |
3 | $192,000 |
$64,000 | $79,000 |
$31,000 | $36,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $94,000 |
$94,000 | $94,000 |
$72,000 | $72,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $397,000 |
$198,000 | $266,000 |
$39,000 | $78,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SUFFOLK COUNTY NATIONAL BANK by:
Metropolitan Area And
County
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