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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 NAT'L BANK OF ELMER
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE FIRST NAT'L BANK OF ELMER |
| Address | 10 MAIN STREET P O BOX 980
ELMER, NJ 08318 |
| 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 | 169 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $17,603,000 |
| Average Mortgage Loan Amount Applied For | $220,875 |
| Highest Mortgage Loan Amount Applied For | $772,000 |
| Average Applicant Income | $181,125 |
| Highest Applicant Income | $862,000 |
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| Home Improvement |
61 | $3,506,000 |
$57,000 | $405,000 |
$88,000 | $525,000 |
| Home Purchase |
56 | $7,331,000 |
$130,000 | $772,000 |
$113,000 | $862,000 |
| Refinancing |
54 | $6,826,000 |
$126,000 | $700,000 |
$99,000 | $525,000 |
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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 |
2 | $40,000 |
$20,000 | $30,000 |
$40,000 | $59,000 |
| Hispanic |
2 | $90,000 |
$45,000 | $72,000 |
$63,000 | $65,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
9 | $2,600,000 |
$288,000 | $560,000 |
$73,000 | $323,000 |
| Not Provided |
1 | $40,000 |
$40,000 | $40,000 |
$49,000 | $49,000 |
| White |
157 | $14,893,000 |
$94,000 | $772,000 |
$102,000 | $862,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
171 | $17,663,000 |
$103,000 | $772,000 |
$99,000 | $862,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
11 | $437,000 |
$39,000 | $125,000 |
$45,000 | $79,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
160 | $17,226,000 |
$107,000 | $772,000 |
$103,000 | $862,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
9 | $301,000 |
$33,000 | $125,000 |
$40,000 | $54,000 |
| Debt-To-Income Ratio |
2 | $136,000 |
$68,000 | $72,000 |
$70,000 | $79,000 |
| 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 FIRST NAT'L BANK OF ELMER by:
Metropolitan Area And
County
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