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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, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNITY BANK MORTGAGE, INC. |
| Address | 4000 ALLEN RD
ALLEN PARK, MI 48101 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 185 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $35,277,000 |
| Average Mortgage Loan Amount Applied For | $242,296 |
| Highest Mortgage Loan Amount Applied For | $1,060,000 |
| Average Applicant Income | $139,518 |
| Highest Applicant Income | $698,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
84 | $14,471,000 |
$172,000 | $1,060,000 |
$101,000 | $698,000 |
| Refinancing |
101 | $20,806,000 |
$206,000 | $1,000,000 |
$91,000 | $608,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $145,000 |
$145,000 | $145,000 |
$46,000 | $46,000 |
| Black or African American |
5 | $337,000 |
$67,000 | $101,000 |
$70,000 | $107,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $128,000 |
$128,000 | $128,000 |
$60,000 | $60,000 |
| White |
178 | $34,667,000 |
$194,000 | $1,060,000 |
$97,000 | $698,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
184 | $35,183,000 |
$191,000 | $1,060,000 |
$96,000 | $698,000 |
| FHA-insured (Federal Housing Administration) |
1 | $94,000 |
$94,000 | $94,000 |
$41,000 | $41,000 |
| 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 |
2 | $338,000 |
$169,000 | $200,000 |
$49,000 | $58,000 |
| Application Denied By Financial Institution |
12 | $2,257,000 |
$188,000 | $649,000 |
$68,000 | $305,000 |
| Application Withdrawn By Applicant |
27 | $4,728,000 |
$175,000 | $715,000 |
$90,000 | $608,000 |
| File Closed For Incompleteness |
1 | $160,000 |
$160,000 | $160,000 |
$80,000 | $80,000 |
| Loan Originated |
143 | $27,794,000 |
$194,000 | $1,060,000 |
$100,000 | $698,000 |
| 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 | $649,000 |
$649,000 | $649,000 |
$163,000 | $163,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $599,000 |
$99,000 | $160,000 |
$25,000 | $54,000 |
| Debt-To-Income Ratio |
2 | $340,000 |
$170,000 | $280,000 |
$19,000 | $27,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $589,000 |
$294,000 | $371,000 |
$160,000 | $305,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $80,000 |
$80,000 | $80,000 |
$148,000 | $148,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for COMMUNITY BANK MORTGAGE, INC. by:
Metropolitan Area And
County
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