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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 SECURITY NATIONAL BANK OF
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE SECURITY NATIONAL BANK OF |
| Address | 601 PIERCE STREET
SIOUX CITY, IA 51101 |
| 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 | 350 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $23,387,000 |
| Average Mortgage Loan Amount Applied For | $147,000 |
| Highest Mortgage Loan Amount Applied For | $520,000 |
| Average Applicant Income | $68,882 |
| Highest Applicant Income | $600,000 |
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| Home Improvement |
102 | $1,499,000 |
$14,000 | $70,000 |
$62,000 | $297,000 |
| Home Purchase |
135 | $14,284,000 |
$105,000 | $405,000 |
$78,000 | $600,000 |
| Refinancing |
113 | $7,604,000 |
$67,000 | $520,000 |
$61,000 | $440,000 |
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| American Indian or Alaskan Native |
1 | $75,000 |
$75,000 | $75,000 |
$33,000 | $33,000 |
| Asian |
6 | $126,000 |
$21,000 | $41,000 |
$27,000 | $53,000 |
| Black or African American |
4 | $212,000 |
$53,000 | $75,000 |
$150,000 | $275,000 |
| Hispanic |
36 | $2,156,000 |
$59,000 | $320,000 |
$50,000 | $265,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $572,000 |
$95,000 | $368,000 |
$50,000 | $302,000 |
| Not Provided |
2 | $41,000 |
$20,000 | $36,000 |
$31,000 | $47,000 |
| White |
295 | $20,205,000 |
$68,000 | $520,000 |
$70,000 | $600,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
345 | $22,985,000 |
$66,000 | $520,000 |
$68,000 | $600,000 |
| FHA-insured (Federal Housing Administration) |
5 | $402,000 |
$80,000 | $166,000 |
$39,000 | $73,000 |
| 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 |
1 | $94,000 |
$94,000 | $94,000 |
$28,000 | $28,000 |
| Application Denied By Financial Institution |
65 | $2,836,000 |
$43,000 | $175,000 |
$46,000 | $160,000 |
| Application Withdrawn By Applicant |
75 | $6,227,000 |
$83,000 | $368,000 |
$59,000 | $600,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
209 | $14,230,000 |
$68,000 | $520,000 |
$78,000 | $440,000 |
| 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 |
10 | $371,000 |
$37,000 | $69,000 |
$41,000 | $76,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
33 | $1,298,000 |
$39,000 | $103,000 |
$40,000 | $160,000 |
| Debt-To-Income Ratio |
16 | $982,000 |
$61,000 | $175,000 |
$52,000 | $125,000 |
| Employment History |
3 | $101,000 |
$33,000 | $45,000 |
$75,000 | $93,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $10,000 |
$10,000 | $10,000 |
$56,000 | $56,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $74,000 |
$37,000 | $38,000 |
$61,000 | $75,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE SECURITY NATIONAL BANK OF by:
Metropolitan Area And
County
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