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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 CITIZENS NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE CITIZENS NATIONAL BANK |
| Address | 182 MAIN STREET
PUTNAM, CT 06260 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 180 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,840,000 |
| Average Mortgage Loan Amount Applied For | $118,000 |
| Highest Mortgage Loan Amount Applied For | $650,000 |
| Average Applicant Income | $123,333 |
| Highest Applicant Income | $260,000 |
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| Home Improvement |
93 | $2,682,000 |
$18,500 | $278,000 |
$62,500 | $237,000 |
| Home Purchase |
40 | $8,128,000 |
$236,666 | $650,000 |
$123,666 | $252,000 |
| Refinancing |
47 | $6,030,000 |
$119,000 | $480,000 |
$143,500 | $260,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
8 | $1,347,000 |
$168,000 | $638,000 |
$0 | $0 |
| Not Provided |
8 | $353,000 |
$44,000 | $145,000 |
$58,000 | $87,000 |
| White |
164 | $15,140,000 |
$122,250 | $650,000 |
$119,750 | $260,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
179 | $16,810,000 |
$122,750 | $650,000 |
$116,000 | $260,000 |
| 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) |
1 | $30,000 |
$30,000 | $30,000 |
$40,000 | $40,000 |
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| Application Approved But Not Accepted |
2 | $175,000 |
$87,000 | $166,000 |
$51,000 | $70,000 |
| Application Denied By Financial Institution |
16 | $976,000 |
$36,000 | $245,000 |
$55,500 | $144,000 |
| Application Withdrawn By Applicant |
2 | $308,000 |
$154,000 | $278,000 |
$158,000 | $237,000 |
| File Closed For Incompleteness |
2 | $140,000 |
$70,000 | $110,000 |
$101,000 | $116,000 |
| Loan Originated |
158 | $15,241,000 |
$178,500 | $650,000 |
$141,250 | $260,000 |
| 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 |
1 | $25,000 |
$25,000 | $25,000 |
$24,000 | $24,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $254,000 |
$50,000 | $145,000 |
$47,000 | $76,000 |
| Debt-To-Income Ratio |
10 | $697,000 |
$42,000 | $245,000 |
$65,000 | $144,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE CITIZENS NATIONAL BANK by:
Metropolitan Area And
County
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