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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 FIRST BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNITY FIRST BANK |
| Address | 821 SW 6TH ST
REDMOND, OR 97756 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 117 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $23,156,000 |
| Average Mortgage Loan Amount Applied For | $242,444 |
| Highest Mortgage Loan Amount Applied For | $2,681,000 |
| Average Applicant Income | $366,777 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
11 | $613,000 |
$55,000 | $350,000 |
$985,000 | $9,999,000 |
| Home Purchase |
81 | $17,296,000 |
$213,000 | $2,681,000 |
$364,000 | $9,999,000 |
| Refinancing |
25 | $5,247,000 |
$209,000 | $712,000 |
$88,000 | $428,000 |
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| American Indian or Alaskan Native |
1 | $60,000 |
$60,000 | $60,000 |
$275,000 | $275,000 |
| Asian |
2 | $312,000 |
$156,000 | $184,000 |
$102,000 | $102,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
9 | $1,156,000 |
$128,000 | $372,000 |
$48,000 | $85,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $1,232,000 |
$616,000 | $672,000 |
$0 | $0 |
| Not Provided |
16 | $2,646,000 |
$165,000 | $631,000 |
$665,000 | $9,999,000 |
| White |
87 | $17,750,000 |
$204,000 | $2,681,000 |
$356,000 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
112 | $22,494,000 |
$200,000 | $2,681,000 |
$378,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
1 | $154,000 |
$154,000 | $154,000 |
$35,000 | $35,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3 | $400,000 |
$133,000 | $150,000 |
$38,000 | $47,000 |
| VA-guaranteed (Veterans Administration) |
1 | $108,000 |
$108,000 | $108,000 |
$33,000 | $33,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
25 | $3,689,000 |
$147,000 | $440,000 |
$37,000 | $103,000 |
| Application Withdrawn By Applicant |
38 | $5,456,000 |
$143,000 | $500,000 |
$48,000 | $134,000 |
| File Closed For Incompleteness |
11 | $1,857,000 |
$168,000 | $712,000 |
$83,000 | $360,000 |
| Loan Originated |
43 | $12,154,000 |
$282,000 | $2,681,000 |
$904,000 | $9,999,000 |
| 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 | $407,000 |
$203,000 | $204,000 |
$59,000 | $68,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
14 | $1,626,000 |
$116,000 | $200,000 |
$38,000 | $103,000 |
| Debt-To-Income Ratio |
5 | $1,255,000 |
$251,000 | $440,000 |
$40,000 | $56,000 |
| 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 |
4 | $401,000 |
$100,000 | $161,000 |
$23,000 | $34,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for COMMUNITY FIRST BANK by:
Metropolitan Area And
County
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