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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 OF MISSISSIPPI
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNITY BANK OF MISSISSIPPI |
| Address | 323 EAST THIRD STREET
FOREST, MS 39074 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 976 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $111,614,000 |
| Average Mortgage Loan Amount Applied For | $137,413 |
| Highest Mortgage Loan Amount Applied For | $1,389,000 |
| Average Applicant Income | $130,500 |
| Highest Applicant Income | $5,515,000 |
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| Home Improvement |
100 | $3,198,000 |
$31,000 | $325,000 |
$52,000 | $259,000 |
| Home Purchase |
593 | $79,983,000 |
$134,000 | $1,389,000 |
$79,000 | $5,515,000 |
| Refinancing |
283 | $28,433,000 |
$100,000 | $825,000 |
$69,000 | $729,000 |
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| American Indian or Alaskan Native |
3 | $141,000 |
$47,000 | $80,000 |
$50,000 | $68,000 |
| Asian |
1 | $132,000 |
$132,000 | $132,000 |
$33,000 | $33,000 |
| Black or African American |
111 | $8,381,000 |
$75,000 | $368,000 |
$60,000 | $364,000 |
| Hispanic |
10 | $757,000 |
$75,000 | $180,000 |
$56,000 | $120,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $28,000 |
$28,000 | $28,000 |
$34,000 | $34,000 |
| Not applicable |
133 | $16,232,000 |
$122,000 | $1,389,000 |
$11,000 | $700,000 |
| Not Provided |
3 | $509,000 |
$169,000 | $238,000 |
$102,000 | $150,000 |
| White |
714 | $85,434,000 |
$119,000 | $860,000 |
$88,000 | $5,515,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
900 | $102,277,000 |
$113,000 | $1,389,000 |
$75,000 | $5,515,000 |
| FHA-insured (Federal Housing Administration) |
67 | $8,029,000 |
$119,000 | $246,000 |
$49,000 | $364,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
9 | $1,308,000 |
$145,000 | $243,000 |
$66,000 | $123,000 |
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| Application Approved But Not Accepted |
10 | $724,000 |
$72,000 | $128,000 |
$47,000 | $120,000 |
| Application Denied By Financial Institution |
44 | $3,232,000 |
$73,000 | $285,000 |
$66,000 | $729,000 |
| Application Withdrawn By Applicant |
62 | $9,476,000 |
$152,000 | $417,000 |
$67,000 | $307,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
820 | $92,194,000 |
$112,000 | $1,389,000 |
$78,000 | $5,515,000 |
| Loan Purchased By The Institution |
40 | $5,988,000 |
$149,000 | $547,000 |
$19,000 | $144,000 |
| 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 |
5 | $289,000 |
$57,000 | $102,000 |
$105,000 | $364,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
24 | $1,614,000 |
$67,000 | $220,000 |
$37,000 | $107,000 |
| Debt-To-Income Ratio |
9 | $715,000 |
$79,000 | $156,000 |
$42,000 | $142,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $80,000 |
$80,000 | $80,000 |
$729,000 | $729,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $534,000 |
$106,000 | $285,000 |
$78,000 | $240,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for COMMUNITY BANK OF MISSISSIPPI by:
Metropolitan Area And
County
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