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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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THE BANK OF FAYETTEVILLE, N.A.
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE BANK OF FAYETTEVILLE, N.A. |
| Address | P.O. BOX 1728
FAYETTEVILLE, AR 72701 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 489 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $53,609,000 |
| Average Mortgage Loan Amount Applied For | $75,444 |
| Highest Mortgage Loan Amount Applied For | $2,400,000 |
| Average Applicant Income | $92,777 |
| Highest Applicant Income | $4,539,000 |
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| Home Improvement |
86 | $2,253,000 |
$15,500 | $250,000 |
$49,500 | $274,000 |
| Home Purchase |
152 | $21,505,000 |
$108,250 | $1,450,000 |
$117,000 | $4,539,000 |
| Refinancing |
257 | $30,196,000 |
$58,750 | $2,400,000 |
$75,000 | $1,681,000 |
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| American Indian or Alaskan Native |
3 | $102,000 |
$34,000 | $70,000 |
$32,000 | $64,000 |
| Asian |
2 | $194,000 |
$97,000 | $100,000 |
$60,000 | $90,000 |
| Black or African American |
2 | $12,000 |
$6,000 | $11,000 |
$64,000 | $103,000 |
| Hispanic |
4 | $309,000 |
$77,000 | $144,000 |
$44,000 | $62,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
29 | $4,452,000 |
$153,000 | $1,053,000 |
$178,000 | $1,681,000 |
| Not Provided |
2 | $111,000 |
$55,000 | $65,000 |
$46,000 | $78,000 |
| White |
453 | $48,774,000 |
$80,800 | $2,400,000 |
$110,200 | $4,539,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
479 | $52,354,000 |
$81,200 | $2,400,000 |
$110,800 | $4,539,000 |
| FHA-insured (Federal Housing Administration) |
14 | $1,357,000 |
$96,000 | $137,000 |
$60,000 | $254,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $243,000 |
$121,000 | $133,000 |
$59,000 | $75,000 |
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| Application Approved But Not Accepted |
8 | $2,860,000 |
$357,000 | $2,400,000 |
$57,000 | $117,000 |
| Application Denied By Financial Institution |
38 | $2,937,000 |
$77,000 | $250,000 |
$37,000 | $91,000 |
| Application Withdrawn By Applicant |
26 | $3,120,000 |
$71,000 | $550,000 |
$74,000 | $778,000 |
| File Closed For Incompleteness |
3 | $331,000 |
$110,000 | $158,000 |
$48,000 | $63,000 |
| Loan Originated |
420 | $44,706,000 |
$82,200 | $1,722,000 |
$114,400 | $4,539,000 |
| 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 | $581,000 |
$116,000 | $220,000 |
$42,000 | $91,000 |
| Credit Application Incomplete |
2 | $422,000 |
$211,000 | $211,000 |
$56,000 | $56,000 |
| Credit History |
17 | $676,000 |
$39,000 | $120,000 |
$35,000 | $67,000 |
| Debt-To-Income Ratio |
8 | $855,000 |
$106,000 | $250,000 |
$35,000 | $87,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
1 | $44,000 |
$44,000 | $44,000 |
$31,000 | $31,000 |
| Other |
3 | $185,000 |
$61,000 | $87,000 |
$33,000 | $48,000 |
| Unverifiable Information |
2 | $174,000 |
$87,000 | $109,000 |
$35,000 | $50,000 |
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Mortgage Loan App Totals for THE BANK OF FAYETTEVILLE, N.A. by:
Metropolitan Area And
County
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