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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 HONESDALE NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE HONESDALE NATIONAL BANK |
| Address | 38 NORTH FRANKLIN STREET
WILKES BARRE, PA 18701 |
| 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 | 788 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $77,220,000 |
| Average Mortgage Loan Amount Applied For | $109,473 |
| Highest Mortgage Loan Amount Applied For | $860,000 |
| Average Applicant Income | $79,578 |
| Highest Applicant Income | $1,127,000 |
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| Home Improvement |
121 | $4,632,000 |
$38,000 | $175,000 |
$61,000 | $202,000 |
| Home Purchase |
478 | $54,217,000 |
$113,000 | $765,000 |
$62,000 | $1,127,000 |
| Refinancing |
189 | $18,371,000 |
$97,000 | $860,000 |
$58,000 | $434,000 |
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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 |
3 | $166,000 |
$55,000 | $72,000 |
$38,000 | $61,000 |
| Hispanic |
15 | $1,228,000 |
$81,000 | $217,000 |
$48,000 | $124,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $207,000 |
$207,000 | $207,000 |
$55,000 | $55,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $55,000 |
$55,000 | $55,000 |
$167,000 | $167,000 |
| White |
768 | $75,564,000 |
$98,000 | $860,000 |
$61,000 | $1,127,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
782 | $76,595,000 |
$97,000 | $860,000 |
$61,000 | $1,127,000 |
| FHA-insured (Federal Housing Administration) |
6 | $625,000 |
$104,000 | $180,000 |
$55,000 | $76,000 |
| 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 |
8 | $703,000 |
$87,000 | $185,000 |
$42,000 | $86,000 |
| Application Denied By Financial Institution |
84 | $8,921,000 |
$106,000 | $860,000 |
$47,000 | $217,000 |
| Application Withdrawn By Applicant |
44 | $4,924,000 |
$111,000 | $298,000 |
$75,000 | $1,127,000 |
| File Closed For Incompleteness |
1 | $71,000 |
$71,000 | $71,000 |
$36,000 | $36,000 |
| Loan Originated |
651 | $62,601,000 |
$96,000 | $765,000 |
$62,000 | $1,102,000 |
| 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 |
11 | $1,150,000 |
$104,000 | $220,000 |
$44,000 | $86,000 |
| Credit Application Incomplete |
1 | $200,000 |
$200,000 | $200,000 |
$67,000 | $67,000 |
| Credit History |
37 | $3,582,000 |
$96,000 | $860,000 |
$51,000 | $217,000 |
| Debt-To-Income Ratio |
26 | $3,116,000 |
$119,000 | $300,000 |
$37,000 | $104,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $189,000 |
$94,000 | $149,000 |
$59,000 | $63,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $600,000 |
$100,000 | $194,000 |
$73,000 | $147,000 |
| Unverifiable Information |
1 | $84,000 |
$84,000 | $84,000 |
$35,000 | $35,000 |
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Mortgage Loan App Totals for THE HONESDALE NATIONAL BANK by:
Metropolitan Area And
County
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