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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 | P O BOX 1028
CABOT, AR 72023 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 240 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $26,351,000 |
| Average Mortgage Loan Amount Applied For | $94,153 |
| Highest Mortgage Loan Amount Applied For | $2,184,000 |
| Average Applicant Income | $58,769 |
| Highest Applicant Income | $996,000 |
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| Home Improvement |
51 | $1,715,000 |
$33,000 | $120,000 |
$42,000 | $204,000 |
| Home Purchase |
133 | $16,576,000 |
$124,000 | $1,171,000 |
$70,000 | $996,000 |
| Refinancing |
56 | $8,060,000 |
$143,000 | $2,184,000 |
$53,000 | $210,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $275,000 |
$137,000 | $227,000 |
$60,000 | $88,000 |
| Black or African American |
3 | $91,000 |
$30,000 | $70,000 |
$30,000 | $35,000 |
| Hispanic |
1 | $115,000 |
$115,000 | $115,000 |
$44,000 | $44,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
50 | $9,880,000 |
$197,000 | $2,184,000 |
$2,000 | $74,000 |
| Not Provided |
6 | $497,000 |
$82,000 | $110,000 |
$57,000 | $89,000 |
| White |
178 | $15,493,000 |
$87,000 | $480,000 |
$77,000 | $996,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
240 | $26,351,000 |
$109,000 | $2,184,000 |
$60,000 | $996,000 |
| 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 |
1 | $116,000 |
$116,000 | $116,000 |
$62,000 | $62,000 |
| Application Denied By Financial Institution |
30 | $1,673,000 |
$55,000 | $175,000 |
$34,000 | $92,000 |
| Application Withdrawn By Applicant |
18 | $950,000 |
$52,000 | $172,000 |
$48,000 | $112,000 |
| File Closed For Incompleteness |
2 | $200,000 |
$100,000 | $115,000 |
$87,000 | $130,000 |
| Loan Originated |
189 | $23,412,000 |
$123,000 | $2,184,000 |
$65,000 | $996,000 |
| 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 |
2 | $118,000 |
$59,000 | $102,000 |
$27,000 | $42,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
20 | $853,000 |
$42,000 | $122,000 |
$34,000 | $92,000 |
| Debt-To-Income Ratio |
7 | $632,000 |
$90,000 | $175,000 |
$37,000 | $63,000 |
| 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 | $70,000 |
$70,000 | $70,000 |
$35,000 | $35,000 |
| 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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