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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, COAST
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNITY BANK, COAST |
| Address | 677 DR MARTIN LUTHER KING JR BLVD
BILOXI, MS 39530 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 526 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $81,668,000 |
| Average Mortgage Loan Amount Applied For | $206,000 |
| Highest Mortgage Loan Amount Applied For | $5,000,000 |
| Average Applicant Income | $69,250 |
| Highest Applicant Income | $450,000 |
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| Home Improvement |
81 | $7,134,000 |
$88,000 | $1,399,000 |
$96,000 | $418,000 |
| Home Purchase |
351 | $65,680,000 |
$187,000 | $5,000,000 |
$87,000 | $786,000 |
| Refinancing |
118 | $15,001,000 |
$127,000 | $481,000 |
$86,000 | $418,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
17 | $2,872,000 |
$168,000 | $540,000 |
$80,000 | $240,000 |
| Black or African American |
45 | $4,157,000 |
$92,000 | $499,000 |
$63,000 | $157,000 |
| Hispanic |
11 | $1,731,000 |
$157,000 | $412,000 |
$55,000 | $204,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $75,000 |
$75,000 | $75,000 |
$42,000 | $42,000 |
| Not applicable |
51 | $24,787,000 |
$486,000 | $5,000,000 |
$0 | $0 |
| Not Provided |
2 | $235,000 |
$117,000 | $155,000 |
$44,000 | $53,000 |
| White |
423 | $53,958,000 |
$127,000 | $800,000 |
$103,000 | $786,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
547 | $87,407,000 |
$159,000 | $5,000,000 |
$88,000 | $786,000 |
| FHA-insured (Federal Housing Administration) |
3 | $408,000 |
$136,000 | $161,000 |
$66,000 | $80,000 |
| 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 |
6 | $982,000 |
$163,000 | $540,000 |
$66,000 | $115,000 |
| Application Denied By Financial Institution |
26 | $2,112,000 |
$81,000 | $157,000 |
$46,000 | $97,000 |
| Application Withdrawn By Applicant |
44 | $6,790,000 |
$154,000 | $470,000 |
$70,000 | $450,000 |
| File Closed For Incompleteness |
1 | $33,000 |
$33,000 | $33,000 |
$15,000 | $15,000 |
| Loan Originated |
473 | $77,898,000 |
$164,000 | $5,000,000 |
$92,000 | $786,000 |
| 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 |
1 | $27,000 |
$27,000 | $27,000 |
$70,000 | $70,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
16 | $1,142,000 |
$71,000 | $157,000 |
$42,000 | $75,000 |
| Debt-To-Income Ratio |
5 | $544,000 |
$108,000 | $153,000 |
$58,000 | $97,000 |
| Employment History |
2 | $225,000 |
$112,000 | $125,000 |
$34,000 | $47,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $92,000 |
$92,000 | $92,000 |
$47,000 | $47,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $82,000 |
$82,000 | $82,000 |
$66,000 | $66,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for COMMUNITY BANK, COAST by:
Metropolitan Area And
County
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