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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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VECTRA BANK COLORADO, NA
Mortgage Loans and Application Details
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| Mortgage Company Name |
VECTRA BANK COLORADO, NA |
| Address | 639 EAST 18TH AVENUE
DENVER, CO 80203 |
| 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 | 1,499 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $304,694,000 |
| Average Mortgage Loan Amount Applied For | $268,727 |
| Highest Mortgage Loan Amount Applied For | $6,325,000 |
| Average Applicant Income | $140,890 |
| Highest Applicant Income | $2,100,000 |
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| Home Improvement |
152 | $10,650,000 |
$70,000 | $5,000,000 |
$81,000 | $1,676,000 |
| Home Purchase |
804 | $174,943,000 |
$217,000 | $4,000,000 |
$109,000 | $2,100,000 |
| Refinancing |
543 | $119,101,000 |
$219,000 | $6,325,000 |
$110,000 | $1,566,000 |
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| American Indian or Alaskan Native |
11 | $1,104,000 |
$100,000 | $280,000 |
$52,000 | $138,000 |
| Asian |
17 | $2,604,000 |
$153,000 | $352,000 |
$105,000 | $236,000 |
| Black or African American |
10 | $1,411,000 |
$141,000 | $406,000 |
$62,000 | $122,000 |
| Hispanic |
203 | $18,446,000 |
$90,000 | $740,000 |
$66,000 | $1,319,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $123,000 |
$61,000 | $122,000 |
$44,000 | $79,000 |
| Not applicable |
10 | $14,430,000 |
$1,443,000 | $6,325,000 |
$167,000 | $1,676,000 |
| Not Provided |
43 | $6,359,000 |
$147,000 | $1,200,000 |
$137,000 | $1,410,000 |
| White |
1,203 | $260,217,000 |
$216,000 | $4,140,000 |
$113,000 | $2,100,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,281 | $276,481,000 |
$215,000 | $6,325,000 |
$118,000 | $2,100,000 |
| FHA-insured (Federal Housing Administration) |
192 | $23,805,000 |
$123,000 | $310,000 |
$40,000 | $149,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $249,000 |
$124,000 | $125,000 |
$40,000 | $50,000 |
| VA-guaranteed (Veterans Administration) |
24 | $4,159,000 |
$173,000 | $332,000 |
$63,000 | $121,000 |
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| Application Approved But Not Accepted |
127 | $25,959,000 |
$204,000 | $1,835,000 |
$100,000 | $720,000 |
| Application Denied By Financial Institution |
150 | $9,756,000 |
$65,000 | $500,000 |
$65,000 | $368,000 |
| Application Withdrawn By Applicant |
23 | $15,839,000 |
$688,000 | $3,200,000 |
$294,000 | $1,527,000 |
| File Closed For Incompleteness |
3 | $174,000 |
$58,000 | $140,000 |
$67,000 | $144,000 |
| Loan Originated |
1,196 | $252,966,000 |
$211,000 | $6,325,000 |
$109,000 | $2,100,000 |
| 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 |
37 | $2,782,000 |
$75,000 | $450,000 |
$71,000 | $184,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
86 | $3,961,000 |
$46,000 | $392,000 |
$59,000 | $368,000 |
| Debt-To-Income Ratio |
16 | $1,958,000 |
$122,000 | $500,000 |
$65,000 | $150,000 |
| Employment History |
1 | $60,000 |
$60,000 | $60,000 |
$32,000 | $32,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
5 | $703,000 |
$140,000 | $372,000 |
$119,000 | $246,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $198,000 |
$66,000 | $124,000 |
$122,000 | $158,000 |
| Unverifiable Information |
2 | $94,000 |
$47,000 | $87,000 |
$12,000 | $24,000 |
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Mortgage Loan App Totals for VECTRA BANK COLORADO, NA by:
Metropolitan Area And
County
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