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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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VARTAN NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
VARTAN NATIONAL BANK |
| Address | 3601 VARTAN WAY
HARRISBURG, PA 17110 |
| 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 | 41 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,221,000 |
| Average Mortgage Loan Amount Applied For | $194,083 |
| Highest Mortgage Loan Amount Applied For | $550,000 |
| Average Applicant Income | $70,583 |
| Highest Applicant Income | $329,000 |
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| Home Improvement |
8 | $613,000 |
$76,000 | $250,000 |
$32,000 | $101,000 |
| Home Purchase |
13 | $1,710,000 |
$131,000 | $275,000 |
$83,000 | $329,000 |
| Refinancing |
20 | $2,898,000 |
$144,000 | $550,000 |
$58,000 | $231,000 |
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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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
2 | $185,000 |
$92,000 | $102,000 |
$20,000 | $41,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $1,410,000 |
$235,000 | $550,000 |
$0 | $0 |
| Not Provided |
4 | $346,000 |
$86,000 | $175,000 |
$80,000 | $115,000 |
| White |
29 | $3,280,000 |
$113,000 | $475,000 |
$74,000 | $329,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
41 | $5,221,000 |
$127,000 | $550,000 |
$61,000 | $329,000 |
| 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 |
1 | $142,000 |
$142,000 | $142,000 |
$0 | $0 |
| Application Denied By Financial Institution |
17 | $2,025,000 |
$119,000 | $550,000 |
$45,000 | $115,000 |
| Application Withdrawn By Applicant |
4 | $716,000 |
$179,000 | $320,000 |
$64,000 | $121,000 |
| File Closed For Incompleteness |
1 | $50,000 |
$50,000 | $50,000 |
$76,000 | $76,000 |
| Loan Originated |
18 | $2,288,000 |
$127,000 | $275,000 |
$78,000 | $329,000 |
| 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 |
3 | $598,000 |
$199,000 | $550,000 |
$44,000 | $101,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $250,000 |
$35,000 | $64,000 |
$38,000 | $69,000 |
| Debt-To-Income Ratio |
4 | $874,000 |
$218,000 | $475,000 |
$39,000 | $66,000 |
| 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 |
3 | $303,000 |
$101,000 | $175,000 |
$70,000 | $115,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for VARTAN NATIONAL BANK by:
Metropolitan Area And
County
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