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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 CENTRAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNITY CENTRAL BANK |
| Address | 120 NORTH MAIN STREET
MT. CLEMENS, MI 48043 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 603 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $82,546,000 |
| Average Mortgage Loan Amount Applied For | $157,916 |
| Highest Mortgage Loan Amount Applied For | $1,600,000 |
| Average Applicant Income | $77,541 |
| Highest Applicant Income | $1,295,000 |
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| Home Improvement |
11 | $593,000 |
$53,000 | $160,000 |
$73,000 | $389,000 |
| Home Purchase |
458 | $57,187,000 |
$124,000 | $780,000 |
$61,000 | $384,000 |
| Refinancing |
178 | $28,735,000 |
$161,000 | $1,600,000 |
$83,000 | $1,295,000 |
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| American Indian or Alaskan Native |
1 | $297,000 |
$297,000 | $297,000 |
$80,000 | $80,000 |
| Asian |
2 | $417,000 |
$208,000 | $249,000 |
$115,000 | $116,000 |
| Black or African American |
66 | $6,950,000 |
$105,000 | $216,000 |
$60,000 | $172,000 |
| Hispanic |
58 | $6,715,000 |
$115,000 | $495,000 |
$52,000 | $203,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $232,000 |
$232,000 | $232,000 |
$53,000 | $53,000 |
| Not applicable |
7 | $2,006,000 |
$286,000 | $791,000 |
$0 | $0 |
| Not Provided |
2 | $172,000 |
$86,000 | $96,000 |
$38,000 | $47,000 |
| White |
510 | $69,726,000 |
$136,000 | $1,600,000 |
$71,000 | $1,295,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
366 | $52,651,000 |
$143,000 | $1,600,000 |
$77,000 | $1,295,000 |
| FHA-insured (Federal Housing Administration) |
250 | $29,859,000 |
$119,000 | $279,000 |
$55,000 | $219,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
31 | $4,005,000 |
$129,000 | $220,000 |
$58,000 | $184,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
25 | $3,203,000 |
$128,000 | $732,000 |
$64,000 | $224,000 |
| Application Withdrawn By Applicant |
48 | $6,341,000 |
$132,000 | $780,000 |
$85,000 | $384,000 |
| File Closed For Incompleteness |
1 | $84,000 |
$84,000 | $84,000 |
$80,000 | $80,000 |
| Loan Originated |
571 | $76,683,000 |
$134,000 | $1,600,000 |
$66,000 | $1,295,000 |
| Loan Purchased By The Institution |
2 | $204,000 |
$102,000 | $137,000 |
$35,000 | $44,000 |
| 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 |
4 | $576,000 |
$144,000 | $248,000 |
$65,000 | $95,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $421,000 |
$84,000 | $108,000 |
$41,000 | $49,000 |
| Debt-To-Income Ratio |
7 | $644,000 |
$92,000 | $204,000 |
$60,000 | $133,000 |
| Employment History |
4 | $446,000 |
$111,000 | $157,000 |
$33,000 | $39,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $201,000 |
$67,000 | $117,000 |
$47,000 | $55,000 |
| Unverifiable Information |
2 | $915,000 |
$457,000 | $732,000 |
$224,000 | $224,000 |
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Mortgage Loan App Totals for COMMUNITY CENTRAL BANK by:
Metropolitan Area And
County
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