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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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AMES COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMES COMMUNITY BANK |
| Address | 104 CHESTNUT STREET
AMES, IA 50010 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 93 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $9,181,000 |
| Average Mortgage Loan Amount Applied For | $91,000 |
| Highest Mortgage Loan Amount Applied For | $2,125,000 |
| Average Applicant Income | $47,083 |
| Highest Applicant Income | $703,000 |
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| Home Improvement |
14 | $497,000 |
$35,000 | $150,000 |
$44,000 | $93,000 |
| Home Purchase |
40 | $2,772,000 |
$69,000 | $405,000 |
$35,000 | $128,000 |
| Refinancing |
39 | $5,912,000 |
$151,000 | $2,125,000 |
$67,000 | $703,000 |
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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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
29 | $5,970,000 |
$205,000 | $2,125,000 |
$0 | $0 |
| Not Provided |
1 | $26,000 |
$26,000 | $26,000 |
$42,000 | $42,000 |
| White |
63 | $3,185,000 |
$50,000 | $202,000 |
$73,000 | $703,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
93 | $9,181,000 |
$98,000 | $2,125,000 |
$50,000 | $703,000 |
| 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 |
7 | $486,000 |
$69,000 | $141,000 |
$50,000 | $128,000 |
| Application Withdrawn By Applicant |
4 | $1,040,000 |
$260,000 | $405,000 |
$25,000 | $102,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
82 | $7,655,000 |
$93,000 | $2,125,000 |
$51,000 | $703,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $20,000 |
$20,000 | $20,000 |
$46,000 | $46,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMES COMMUNITY BANK by:
Metropolitan Area And
County
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