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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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VALLEY NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
VALLEY NATIONAL BANK |
| Address | 4812 EAST 81ST STREET
TULSA, OK 74137 |
| 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 | 148 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $22,557,000 |
| Average Mortgage Loan Amount Applied For | $136,142 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $124,571 |
| Highest Applicant Income | $1,600,000 |
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| Home Improvement |
8 | $462,000 |
$57,000 | $135,000 |
$49,000 | $143,000 |
| Home Purchase |
118 | $15,416,000 |
$130,000 | $920,000 |
$133,000 | $1,600,000 |
| Refinancing |
32 | $7,644,000 |
$238,000 | $1,000,000 |
$113,000 | $280,000 |
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| American Indian or Alaskan Native |
5 | $420,000 |
$84,000 | $185,000 |
$64,000 | $119,000 |
| Asian |
10 | $1,347,000 |
$134,000 | $360,000 |
$182,000 | $350,000 |
| Black or African American |
2 | $280,000 |
$140,000 | $180,000 |
$32,000 | $41,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $443,000 |
$73,000 | $135,000 |
$0 | $0 |
| Not Provided |
2 | $146,000 |
$73,000 | $96,000 |
$71,000 | $143,000 |
| White |
133 | $20,886,000 |
$157,000 | $1,000,000 |
$130,000 | $1,600,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
158 | $23,522,000 |
$148,000 | $1,000,000 |
$124,000 | $1,600,000 |
| 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 |
3 | $266,000 |
$88,000 | $170,000 |
$79,000 | $108,000 |
| Application Withdrawn By Applicant |
18 | $2,940,000 |
$163,000 | $650,000 |
$72,000 | $251,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
137 | $20,316,000 |
$148,000 | $1,000,000 |
$132,000 | $1,600,000 |
| 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 |
1 | $6,000 |
$6,000 | $6,000 |
$99,000 | $99,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $90,000 |
$90,000 | $90,000 |
$31,000 | $31,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
1 | $170,000 |
$170,000 | $170,000 |
$108,000 | $108,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for VALLEY NATIONAL BANK by:
Metropolitan Area And
County
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