|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
COMMUNITY FIRST BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
COMMUNITY FIRST BANK |
| Address | 200 EAST RIDGE
HARRISON, AR 72601 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 953 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $93,583,000 |
| Average Mortgage Loan Amount Applied For | $111,391 |
| Highest Mortgage Loan Amount Applied For | $1,823,000 |
| Average Applicant Income | $74,869 |
| Highest Applicant Income | $1,097,000 |
|
|
|
| Home Improvement |
159 | $3,210,000 |
$20,000 | $130,000 |
$46,000 | $263,000 |
| Home Purchase |
467 | $55,084,000 |
$117,000 | $1,823,000 |
$59,000 | $1,097,000 |
| Refinancing |
327 | $35,289,000 |
$107,000 | $629,000 |
$56,000 | $894,000 |
|
|
| American Indian or Alaskan Native |
2 | $63,000 |
$31,000 | $50,000 |
$37,000 | $55,000 |
| Asian |
5 | $869,000 |
$173,000 | $300,000 |
$72,000 | $104,000 |
| Black or African American |
1 | $125,000 |
$125,000 | $125,000 |
$51,000 | $51,000 |
| Hispanic |
25 | $2,532,000 |
$101,000 | $629,000 |
$68,000 | $430,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $390,000 |
$195,000 | $307,000 |
$61,000 | $100,000 |
| Not applicable |
43 | $8,549,000 |
$198,000 | $1,823,000 |
$11,000 | $164,000 |
| Not Provided |
4 | $564,000 |
$141,000 | $251,000 |
$25,000 | $56,000 |
| White |
871 | $80,491,000 |
$92,000 | $629,000 |
$58,000 | $1,097,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
895 | $88,386,000 |
$98,000 | $1,823,000 |
$58,000 | $1,097,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
56 | $5,026,000 |
$89,000 | $166,000 |
$32,000 | $54,000 |
| VA-guaranteed (Veterans Administration) |
2 | $171,000 |
$85,000 | $111,000 |
$26,000 | $35,000 |
|
|
| Application Approved But Not Accepted |
25 | $2,901,000 |
$116,000 | $285,000 |
$55,000 | $171,000 |
| Application Denied By Financial Institution |
62 | $6,251,000 |
$100,000 | $300,000 |
$40,000 | $114,000 |
| Application Withdrawn By Applicant |
69 | $7,704,000 |
$111,000 | $279,000 |
$66,000 | $894,000 |
| File Closed For Incompleteness |
1 | $165,000 |
$165,000 | $165,000 |
$79,000 | $79,000 |
| Loan Originated |
796 | $76,562,000 |
$96,000 | $1,823,000 |
$56,000 | $1,097,000 |
| 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 |
|
|
| Collateral |
2 | $179,000 |
$89,000 | $100,000 |
$38,000 | $76,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
45 | $4,443,000 |
$98,000 | $223,000 |
$42,000 | $114,000 |
| Debt-To-Income Ratio |
6 | $797,000 |
$132,000 | $220,000 |
$29,000 | $52,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $159,000 |
$79,000 | $100,000 |
$42,000 | $66,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
7 | $673,000 |
$96,000 | $300,000 |
$42,000 | $82,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for COMMUNITY FIRST BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
