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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 FIRST NATIONAL BANK IN SIO
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE FIRST NATIONAL BANK IN SIO |
| Address | 100 S PHILLIPS AVE
SIOUX FALLS, SD 57104 |
| 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 | 347 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $46,225,000 |
| Average Mortgage Loan Amount Applied For | $201,600 |
| Highest Mortgage Loan Amount Applied For | $1,120,000 |
| Average Applicant Income | $267,350 |
| Highest Applicant Income | $2,319,000 |
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| Home Improvement |
46 | $3,203,000 |
$69,000 | $343,000 |
$107,000 | $574,000 |
| Home Purchase |
236 | $34,485,000 |
$146,000 | $1,120,000 |
$88,000 | $1,622,000 |
| Refinancing |
120 | $14,843,000 |
$123,000 | $920,000 |
$263,000 | $2,319,000 |
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| American Indian or Alaskan Native |
1 | $9,000 |
$9,000 | $9,000 |
$27,000 | $27,000 |
| Asian |
4 | $391,000 |
$97,000 | $129,000 |
$52,000 | $86,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
4 | $303,000 |
$75,000 | $101,000 |
$53,000 | $117,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
12 | $2,769,000 |
$230,000 | $783,000 |
$0 | $0 |
| Not Provided |
9 | $1,442,000 |
$160,000 | $256,000 |
$57,000 | $149,000 |
| White |
372 | $47,617,000 |
$128,000 | $1,120,000 |
$151,000 | $2,319,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
379 | $49,943,000 |
$131,000 | $1,120,000 |
$149,000 | $2,319,000 |
| FHA-insured (Federal Housing Administration) |
12 | $1,264,000 |
$105,000 | $164,000 |
$47,000 | $75,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
8 | $915,000 |
$114,000 | $153,000 |
$36,000 | $54,000 |
| VA-guaranteed (Veterans Administration) |
3 | $409,000 |
$136,000 | $171,000 |
$46,000 | $50,000 |
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| Application Approved But Not Accepted |
14 | $2,309,000 |
$164,000 | $417,000 |
$89,000 | $304,000 |
| Application Denied By Financial Institution |
16 | $1,711,000 |
$106,000 | $230,000 |
$49,000 | $113,000 |
| Application Withdrawn By Applicant |
6 | $983,000 |
$163,000 | $260,000 |
$77,000 | $201,000 |
| File Closed For Incompleteness |
1 | $43,000 |
$43,000 | $43,000 |
$20,000 | $20,000 |
| Loan Originated |
312 | $41,383,000 |
$132,000 | $1,120,000 |
$167,000 | $2,319,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
32 | $4,097,000 |
$128,000 | $284,000 |
$66,000 | $602,000 |
| Preapproval Denied by Financial Institution |
21 | $2,005,000 |
$95,000 | $165,000 |
$31,000 | $61,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
19 | $1,755,000 |
$92,000 | $155,000 |
$46,000 | $113,000 |
| Debt-To-Income Ratio |
16 | $1,648,000 |
$103,000 | $171,000 |
$30,000 | $61,000 |
| Employment History |
1 | $83,000 |
$83,000 | $83,000 |
$23,000 | $23,000 |
| 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 |
1 | $230,000 |
$230,000 | $230,000 |
$66,000 | $66,000 |
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Mortgage Loan App Totals for THE FIRST NATIONAL BANK IN SIO by:
Metropolitan Area And
County
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