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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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THUMB NATIONAL BANK & TRUST CO
Mortgage Loans and Application Details
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| Mortgage Company Name |
THUMB NATIONAL BANK & TRUST CO |
| Address | 7254 MICHIGAN AVENUE
PIGEON, MI 48755 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 56 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,701,000 |
| Average Mortgage Loan Amount Applied For | $42,500 |
| Highest Mortgage Loan Amount Applied For | $545,000 |
| Average Applicant Income | $56,333 |
| Highest Applicant Income | $178,000 |
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| Home Improvement |
17 | $554,000 |
$32,000 | $200,000 |
$53,000 | $137,000 |
| Home Purchase |
19 | $566,000 |
$29,000 | $80,000 |
$38,000 | $98,000 |
| Refinancing |
21 | $1,621,000 |
$77,000 | $545,000 |
$42,000 | $178,000 |
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| American Indian or Alaskan Native |
1 | $1,000 |
$1,000 | $1,000 |
$19,000 | $19,000 |
| 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 |
2 | $250,000 |
$125,000 | $150,000 |
$0 | $0 |
| Not Provided |
2 | $81,000 |
$40,000 | $70,000 |
$43,000 | $55,000 |
| White |
52 | $2,409,000 |
$46,000 | $545,000 |
$46,000 | $178,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
57 | $2,741,000 |
$48,000 | $545,000 |
$44,000 | $178,000 |
| 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 |
4 | $129,000 |
$32,000 | $70,000 |
$57,000 | $105,000 |
| Application Denied By Financial Institution |
16 | $645,000 |
$40,000 | $300,000 |
$24,000 | $44,000 |
| Application Withdrawn By Applicant |
1 | $5,000 |
$5,000 | $5,000 |
$52,000 | $52,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
36 | $1,962,000 |
$54,000 | $545,000 |
$51,000 | $178,000 |
| 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 |
10 | $242,000 |
$24,000 | $68,000 |
$28,000 | $44,000 |
| Debt-To-Income Ratio |
6 | $403,000 |
$67,000 | $300,000 |
$16,000 | $33,000 |
| 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 THUMB NATIONAL BANK & TRUST CO by:
Metropolitan Area And
County
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