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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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WOODFOREST NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
WOODFOREST NATIONAL BANK |
| Address | 1330 LAKE ROBINS DRIVE
THE WOODLANDS, TX 77380 |
| 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 | 815 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $72,113,000 |
| Average Mortgage Loan Amount Applied For | $118,479 |
| Highest Mortgage Loan Amount Applied For | $4,000,000 |
| Average Applicant Income | $197,437 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
510 | $14,684,000 |
$28,000 | $898,000 |
$75,000 | $1,867,000 |
| Home Purchase |
159 | $43,614,000 |
$274,000 | $4,000,000 |
$245,000 | $9,999,000 |
| Refinancing |
147 | $13,843,000 |
$94,000 | $1,453,000 |
$71,000 | $751,000 |
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| American Indian or Alaskan Native |
4 | $210,000 |
$52,000 | $125,000 |
$41,000 | $61,000 |
| Asian |
11 | $1,915,000 |
$174,000 | $1,480,000 |
$106,000 | $418,000 |
| Black or African American |
65 | $1,058,000 |
$16,000 | $68,000 |
$43,000 | $157,000 |
| Hispanic |
97 | $2,812,000 |
$28,000 | $181,000 |
$62,000 | $910,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $10,000 |
$10,000 | $10,000 |
$35,000 | $35,000 |
| Not applicable |
38 | $4,929,000 |
$129,000 | $700,000 |
$0 | $0 |
| Not Provided |
7 | $1,248,000 |
$178,000 | $584,000 |
$108,000 | $207,000 |
| White |
593 | $59,959,000 |
$101,000 | $4,000,000 |
$129,000 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
816 | $72,141,000 |
$88,000 | $4,000,000 |
$107,000 | $9,999,000 |
| 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 |
20 | $1,547,000 |
$77,000 | $900,000 |
$103,000 | $658,000 |
| Application Denied By Financial Institution |
359 | $10,723,000 |
$29,000 | $800,000 |
$55,000 | $541,000 |
| Application Withdrawn By Applicant |
3 | $857,000 |
$285,000 | $495,000 |
$284,000 | $500,000 |
| File Closed For Incompleteness |
2 | $202,000 |
$101,000 | $170,000 |
$198,000 | $332,000 |
| Loan Originated |
419 | $57,350,000 |
$136,000 | $4,000,000 |
$152,000 | $9,999,000 |
| Loan Purchased By The Institution |
13 | $1,462,000 |
$112,000 | $220,000 |
$56,000 | $162,000 |
| 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 |
43 | $1,798,000 |
$41,000 | $166,000 |
$92,000 | $373,000 |
| Credit Application Incomplete |
7 | $459,000 |
$65,000 | $304,000 |
$136,000 | $365,000 |
| Credit History |
261 | $6,338,000 |
$24,000 | $800,000 |
$49,000 | $541,000 |
| Debt-To-Income Ratio |
45 | $2,082,000 |
$46,000 | $284,000 |
$41,000 | $120,000 |
| 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 |
1 | $8,000 |
$8,000 | $8,000 |
$48,000 | $48,000 |
| Unverifiable Information |
2 | $38,000 |
$19,000 | $30,000 |
$95,000 | $138,000 |
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Mortgage Loan App Totals for WOODFOREST NATIONAL BANK by:
Metropolitan Area And
County
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