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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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CITIZENS & FARMERS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CITIZENS & FARMERS BANK |
| Address | PO BOX 391
WEST POINT, VA 23181 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 390 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $50,678,000 |
| Average Mortgage Loan Amount Applied For | $159,280 |
| Highest Mortgage Loan Amount Applied For | $625,000 |
| Average Applicant Income | $121,540 |
| Highest Applicant Income | $836,000 |
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| Home Improvement |
118 | $4,227,000 |
$35,000 | $250,000 |
$59,000 | $328,000 |
| Home Purchase |
142 | $31,001,000 |
$218,000 | $625,000 |
$118,000 | $525,000 |
| Refinancing |
130 | $15,450,000 |
$118,000 | $540,000 |
$88,000 | $836,000 |
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| American Indian or Alaskan Native |
5 | $426,000 |
$85,000 | $176,000 |
$56,000 | $77,000 |
| Asian |
4 | $836,000 |
$209,000 | $326,000 |
$52,000 | $115,000 |
| Black or African American |
52 | $3,329,000 |
$64,000 | $363,000 |
$59,000 | $836,000 |
| Hispanic |
8 | $1,281,000 |
$160,000 | $465,000 |
$133,000 | $216,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $511,000 |
$511,000 | $511,000 |
$168,000 | $168,000 |
| Not applicable |
3 | $524,000 |
$174,000 | $195,000 |
$0 | $0 |
| Not Provided |
2 | $69,000 |
$34,000 | $66,000 |
$106,000 | $180,000 |
| White |
315 | $43,702,000 |
$138,000 | $625,000 |
$95,000 | $525,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
390 | $50,678,000 |
$129,000 | $625,000 |
$90,000 | $836,000 |
| 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 |
14 | $2,004,000 |
$143,000 | $300,000 |
$138,000 | $480,000 |
| Application Denied By Financial Institution |
34 | $2,697,000 |
$79,000 | $470,000 |
$59,000 | $328,000 |
| Application Withdrawn By Applicant |
9 | $739,000 |
$82,000 | $230,000 |
$52,000 | $91,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
333 | $45,238,000 |
$135,000 | $625,000 |
$92,000 | $836,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 CITIZENS & FARMERS BANK by:
Metropolitan Area And
County
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