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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 CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNITY BANK CORPORATION |
| Address | 706 WALNUT STREET
CHASKA, MN 55318 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 10 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $842,000 |
| Average Mortgage Loan Amount Applied For | $120,250 |
| Highest Mortgage Loan Amount Applied For | $283,000 |
| Average Applicant Income | $66,000 |
| Highest Applicant Income | $267,000 |
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| Home Improvement |
5 | $208,000 |
$41,000 | $75,000 |
$117,000 | $267,000 |
| Home Purchase |
4 | $628,000 |
$157,000 | $283,000 |
$27,000 | $68,000 |
| Refinancing |
1 | $6,000 |
$6,000 | $6,000 |
$182,000 | $182,000 |
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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 |
3 | $526,000 |
$175,000 | $283,000 |
$0 | $0 |
| Not Provided |
1 | $40,000 |
$40,000 | $40,000 |
$77,000 | $77,000 |
| White |
6 | $276,000 |
$46,000 | $135,000 |
$133,000 | $267,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
10 | $842,000 |
$84,000 | $283,000 |
$88,000 | $267,000 |
| 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 |
1 | $27,000 |
$27,000 | $27,000 |
$43,000 | $43,000 |
| Application Withdrawn By Applicant |
2 | $175,000 |
$87,000 | $135,000 |
$72,000 | $77,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
7 | $640,000 |
$91,000 | $283,000 |
$98,000 | $267,000 |
| 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 | $27,000 |
$27,000 | $27,000 |
$43,000 | $43,000 |
| 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 COMMUNITY BANK CORPORATION by:
Metropolitan Area And
County
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