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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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COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNITY BANK |
| Address | 6TH FLOOR 17 NORTH 20TH ST
BIRMINGHAM, AL 35203 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 600 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $64,375,000 |
| Average Mortgage Loan Amount Applied For | $89,425 |
| Highest Mortgage Loan Amount Applied For | $9,263,000 |
| Average Applicant Income | $61,125 |
| Highest Applicant Income | $2,075,000 |
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| Home Improvement |
89 | $1,664,000 |
$18,000 | $224,000 |
$42,000 | $141,000 |
| Home Purchase |
255 | $35,455,000 |
$139,000 | $9,263,000 |
$79,000 | $2,075,000 |
| Refinancing |
256 | $27,256,000 |
$106,000 | $537,000 |
$61,000 | $313,000 |
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| American Indian or Alaskan Native |
3 | $139,000 |
$46,000 | $85,000 |
$37,000 | $50,000 |
| Asian |
5 | $451,000 |
$90,000 | $111,000 |
$120,000 | $120,000 |
| Black or African American |
40 | $2,804,000 |
$70,000 | $336,000 |
$39,000 | $115,000 |
| Hispanic |
13 | $766,000 |
$58,000 | $146,000 |
$46,000 | $102,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $57,000 |
$57,000 | $57,000 |
$28,000 | $28,000 |
| Not applicable |
9 | $1,285,000 |
$142,000 | $308,000 |
$0 | $0 |
| Not Provided |
1 | $8,000 |
$8,000 | $8,000 |
$10,000 | $10,000 |
| White |
528 | $58,865,000 |
$111,000 | $9,263,000 |
$69,000 | $2,075,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
600 | $64,375,000 |
$107,000 | $9,263,000 |
$66,000 | $2,075,000 |
| 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 |
107 | $11,434,000 |
$106,000 | $450,000 |
$52,000 | $202,000 |
| Application Denied By Financial Institution |
67 | $5,200,000 |
$77,000 | $275,000 |
$38,000 | $122,000 |
| Application Withdrawn By Applicant |
6 | $658,000 |
$109,000 | $185,000 |
$55,000 | $89,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
420 | $47,083,000 |
$112,000 | $9,263,000 |
$74,000 | $2,075,000 |
| 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 |
9 | $863,000 |
$95,000 | $266,000 |
$40,000 | $71,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
50 | $3,503,000 |
$70,000 | $275,000 |
$37,000 | $122,000 |
| Debt-To-Income Ratio |
5 | $556,000 |
$111,000 | $256,000 |
$31,000 | $49,000 |
| Employment History |
3 | $278,000 |
$92,000 | $150,000 |
$42,000 | $63,000 |
| 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 COMMUNITY BANK by:
Metropolitan Area And
County
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