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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 THE RRV
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNITY BANK OF THE RRV |
| Address | 1616 S. WASHINGTON ST.
GRAND FORKS, ND 58201 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 305 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $22,263,000 |
| Average Mortgage Loan Amount Applied For | $89,192 |
| Highest Mortgage Loan Amount Applied For | $590,000 |
| Average Applicant Income | $69,923 |
| Highest Applicant Income | $197,000 |
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| Home Improvement |
61 | $1,617,000 |
$26,000 | $236,000 |
$57,000 | $183,000 |
| Home Purchase |
132 | $12,529,000 |
$94,000 | $384,000 |
$57,000 | $158,000 |
| Refinancing |
112 | $8,117,000 |
$72,000 | $590,000 |
$59,000 | $197,000 |
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| American Indian or Alaskan Native |
2 | $127,000 |
$63,000 | $103,000 |
$51,000 | $65,000 |
| Asian |
1 | $13,000 |
$13,000 | $13,000 |
$36,000 | $36,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
14 | $219,000 |
$15,000 | $43,000 |
$32,000 | $60,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $100,000 |
$100,000 | $100,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
287 | $21,804,000 |
$75,000 | $590,000 |
$59,000 | $197,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
305 | $22,263,000 |
$72,000 | $590,000 |
$58,000 | $197,000 |
| 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 |
11 | $664,000 |
$60,000 | $113,000 |
$60,000 | $138,000 |
| Application Denied By Financial Institution |
29 | $2,476,000 |
$85,000 | $590,000 |
$43,000 | $157,000 |
| Application Withdrawn By Applicant |
4 | $337,000 |
$84,000 | $135,000 |
$31,000 | $36,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
261 | $18,786,000 |
$71,000 | $384,000 |
$60,000 | $197,000 |
| 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 | $605,000 |
$302,000 | $590,000 |
$94,000 | $157,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
10 | $528,000 |
$52,000 | $169,000 |
$40,000 | $92,000 |
| Debt-To-Income Ratio |
12 | $964,000 |
$80,000 | $214,000 |
$36,000 | $88,000 |
| 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 |
3 | $209,000 |
$69,000 | $129,000 |
$54,000 | $138,000 |
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Mortgage Loan App Totals for COMMUNITY BANK OF THE RRV by:
Metropolitan Area And
County
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