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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 TRI-COUNTY
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNITY BANK OF TRI-COUNTY |
| Address | 3035 LEONARDTOWN RD
WALDORF, MD 20601 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 164 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $33,508,000 |
| Average Mortgage Loan Amount Applied For | $270,600 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $233,900 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
49 | $2,824,000 |
$57,000 | $300,000 |
$84,000 | $335,000 |
| Home Purchase |
54 | $18,393,000 |
$340,000 | $3,000,000 |
$144,000 | $961,000 |
| Refinancing |
61 | $12,291,000 |
$201,000 | $650,000 |
$255,000 | $9,999,000 |
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| American Indian or Alaskan Native |
1 | $90,000 |
$90,000 | $90,000 |
$81,000 | $81,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
6 | $623,000 |
$103,000 | $225,000 |
$124,000 | $219,000 |
| Hispanic |
2 | $220,000 |
$110,000 | $143,000 |
$80,000 | $112,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
13 | $5,665,000 |
$435,000 | $3,000,000 |
$861,000 | $9,999,000 |
| Not Provided |
11 | $1,281,000 |
$116,000 | $500,000 |
$170,000 | $961,000 |
| White |
131 | $25,629,000 |
$195,000 | $994,000 |
$102,000 | $455,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
164 | $33,508,000 |
$204,000 | $3,000,000 |
$167,000 | $9,999,000 |
| 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 |
2 | $555,000 |
$277,000 | $320,000 |
$123,000 | $187,000 |
| Application Denied By Financial Institution |
13 | $1,485,000 |
$114,000 | $305,000 |
$65,000 | $130,000 |
| Application Withdrawn By Applicant |
14 | $3,139,000 |
$224,000 | $500,000 |
$823,000 | $9,999,000 |
| File Closed For Incompleteness |
1 | $285,000 |
$285,000 | $285,000 |
$78,000 | $78,000 |
| Loan Originated |
134 | $28,044,000 |
$209,000 | $3,000,000 |
$110,000 | $961,000 |
| 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 | $318,000 |
$159,000 | $225,000 |
$127,000 | $130,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $125,000 |
$41,000 | $80,000 |
$48,000 | $83,000 |
| Debt-To-Income Ratio |
7 | $1,022,000 |
$146,000 | $305,000 |
$46,000 | $76,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $20,000 |
$20,000 | $20,000 |
$124,000 | $124,000 |
| 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 OF TRI-COUNTY by:
Metropolitan Area And
County
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