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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 MORTGAGE LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
THUMB NATIONAL MORTGAGE LLC |
| Address | 7254 MICHIGAN AVENUE
PIGEON, MI 48755 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 188 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $18,458,000 |
| Average Mortgage Loan Amount Applied For | $107,800 |
| Highest Mortgage Loan Amount Applied For | $380,000 |
| Average Applicant Income | $60,850 |
| Highest Applicant Income | $379,000 |
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| Home Improvement |
20 | $1,540,000 |
$77,000 | $130,000 |
$51,000 | $203,000 |
| Home Purchase |
110 | $10,905,000 |
$99,000 | $334,000 |
$56,000 | $197,000 |
| Refinancing |
64 | $6,587,000 |
$102,000 | $380,000 |
$54,000 | $379,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $165,000 |
$165,000 | $165,000 |
$120,000 | $120,000 |
| Black or African American |
1 | $150,000 |
$150,000 | $150,000 |
$54,000 | $54,000 |
| Hispanic |
3 | $125,000 |
$41,000 | $75,000 |
$25,000 | $39,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
7 | $839,000 |
$119,000 | $380,000 |
$93,000 | $197,000 |
| White |
182 | $17,753,000 |
$97,000 | $334,000 |
$54,000 | $379,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
181 | $18,173,000 |
$100,000 | $380,000 |
$56,000 | $379,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
13 | $859,000 |
$66,000 | $112,000 |
$34,000 | $61,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
26 | $2,633,000 |
$101,000 | $380,000 |
$60,000 | $379,000 |
| Application Denied By Financial Institution |
36 | $3,295,000 |
$91,000 | $300,000 |
$40,000 | $144,000 |
| Application Withdrawn By Applicant |
3 | $288,000 |
$96,000 | $121,000 |
$53,000 | $87,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
123 | $12,242,000 |
$99,000 | $334,000 |
$59,000 | $316,000 |
| 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 |
6 | $574,000 |
$95,000 | $160,000 |
$35,000 | $43,000 |
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| Collateral |
3 | $151,000 |
$50,000 | $72,000 |
$28,000 | $53,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
21 | $1,542,000 |
$73,000 | $149,000 |
$39,000 | $127,000 |
| Debt-To-Income Ratio |
16 | $1,836,000 |
$114,000 | $180,000 |
$41,000 | $144,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $40,000 |
$40,000 | $40,000 |
$42,000 | $42,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $300,000 |
$300,000 | $300,000 |
$50,000 | $50,000 |
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Mortgage Loan App Totals for THUMB NATIONAL MORTGAGE LLC by:
Metropolitan Area And
County
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