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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 PLUS SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNITY PLUS SAVINGS BANK |
| Address | 310 W. TIENKEN RD
ROCHESTER HILLS, MI 48306 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2004 |
| All Data Years | 2004 |
| Total Number of Mortgage Loan Applications Processed | 82 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,209,000 |
| Average Mortgage Loan Amount Applied For | $157,125 |
| Highest Mortgage Loan Amount Applied For | $428,000 |
| Average Applicant Income | $74,000 |
| Highest Applicant Income | $627,000 |
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| Home Improvement |
12 | $250,000 |
$20,000 | $58,000 |
$58,000 | $156,000 |
| Home Purchase |
7 | $1,194,000 |
$170,000 | $318,000 |
$73,000 | $178,000 |
| Refinancing |
64 | $5,780,000 |
$53,000 | $428,000 |
$61,500 | $627,000 |
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| American Indian or Alaskan Native |
1 | $100,000 |
$100,000 | $100,000 |
$118,000 | $118,000 |
| Asian |
2 | $39,000 |
$19,000 | $29,000 |
$79,000 | $100,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
3 | $227,000 |
$75,000 | $115,000 |
$73,000 | $84,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
77 | $6,858,000 |
$52,500 | $428,000 |
$56,500 | $627,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
83 | $7,224,000 |
$51,000 | $428,000 |
$56,000 | $627,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
6 | $330,000 |
$39,000 | $153,000 |
$42,500 | $142,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
68 | $4,197,000 |
$61,000 | $255,000 |
$83,000 | $215,000 |
| Loan Purchased By The Institution |
9 | $2,697,000 |
$299,000 | $428,000 |
$136,000 | $627,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $127,000 |
$35,500 | $100,000 |
$58,500 | $142,000 |
| Debt-To-Income Ratio |
2 | $50,000 |
$25,000 | $30,000 |
$51,000 | $80,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $153,000 |
$153,000 | $153,000 |
$32,000 | $32,000 |
| 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 PLUS SAVINGS BANK by:
Metropolitan Area And
County
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