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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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WAYNE COUNTY NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
WAYNE COUNTY NATIONAL BANK |
| Address | 1900 E 9TH STREET LOCATOR 01-3013
CLEVELAND, OH 44114 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2004 |
| Data Years (click a year for detail) | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 413 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $41,023,000 |
| Average Mortgage Loan Amount Applied For | $115,153 |
| Highest Mortgage Loan Amount Applied For | $1,553,000 |
| Average Applicant Income | $31,461 |
| Highest Applicant Income | $462,000 |
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| Home Improvement |
45 | $632,000 |
$14,000 | $70,000 |
$39,000 | $320,000 |
| Home Purchase |
128 | $13,727,000 |
$118,500 | $480,000 |
$42,000 | $265,000 |
| Refinancing |
241 | $26,794,000 |
$80,666 | $1,553,000 |
$14,666 | $462,000 |
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| American Indian or Alaskan Native |
1 | $58,000 |
$58,000 | $58,000 |
$82,000 | $82,000 |
| Asian |
2 | $139,000 |
$69,000 | $79,000 |
$93,000 | $148,000 |
| Black or African American |
3 | $138,000 |
$46,000 | $90,000 |
$30,000 | $63,000 |
| Hispanic |
2 | $538,000 |
$269,000 | $480,000 |
$47,000 | $67,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
17 | $2,125,000 |
$125,000 | $325,000 |
$19,000 | $462,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
389 | $38,155,000 |
$89,750 | $1,553,000 |
$21,750 | $320,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
414 | $41,153,000 |
$90,000 | $1,553,000 |
$21,000 | $462,000 |
| 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 |
19 | $1,702,000 |
$89,000 | $306,000 |
$45,000 | $103,000 |
| Application Withdrawn By Applicant |
6 | $618,000 |
$103,000 | $246,000 |
$55,000 | $138,000 |
| File Closed For Incompleteness |
1 | $46,000 |
$46,000 | $46,000 |
$27,000 | $27,000 |
| Loan Originated |
387 | $38,657,000 |
$77,000 | $1,553,000 |
$13,666 | $462,000 |
| 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 |
1 | $130,000 |
$130,000 | $130,000 |
$42,000 | $42,000 |
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| Collateral |
2 | $150,000 |
$75,000 | $90,000 |
$40,000 | $44,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $2,000 |
$2,000 | $2,000 |
$14,000 | $14,000 |
| Debt-To-Income Ratio |
13 | $1,153,000 |
$107,500 | $195,000 |
$41,500 | $84,000 |
| Employment History |
1 | $306,000 |
$306,000 | $306,000 |
$103,000 | $103,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $221,000 |
$73,000 | $98,000 |
$48,000 | $78,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for WAYNE COUNTY NATIONAL BANK by:
Metropolitan Area And
County
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