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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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CORNERSTONE COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CORNERSTONE COMMUNITY BANK |
| Address | 6300 4TH STREET NORTH
ST PETERSBURG, FL 33702 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 59 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $21,261,000 |
| Average Mortgage Loan Amount Applied For | $497,200 |
| Highest Mortgage Loan Amount Applied For | $4,200,000 |
| Average Applicant Income | $281,200 |
| Highest Applicant Income | $975,000 |
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| Home Improvement |
3 | $650,000 |
$216,000 | $550,000 |
$123,000 | $272,000 |
| Home Purchase |
28 | $7,620,000 |
$272,000 | $1,275,000 |
$120,000 | $975,000 |
| Refinancing |
28 | $12,991,000 |
$463,000 | $4,200,000 |
$114,000 | $853,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $35,000 |
$35,000 | $35,000 |
$45,000 | $45,000 |
| Black or African American |
1 | $564,000 |
$564,000 | $564,000 |
$0 | $0 |
| Hispanic |
1 | $198,000 |
$198,000 | $198,000 |
$72,000 | $72,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
13 | $3,362,000 |
$258,000 | $1,300,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
43 | $17,102,000 |
$397,000 | $4,200,000 |
$159,000 | $975,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
59 | $21,261,000 |
$360,000 | $4,200,000 |
$117,000 | $975,000 |
| 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 |
1 | $231,000 |
$231,000 | $231,000 |
$62,000 | $62,000 |
| Application Withdrawn By Applicant |
3 | $346,000 |
$115,000 | $188,000 |
$38,000 | $56,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
55 | $20,684,000 |
$376,000 | $4,200,000 |
$123,000 | $975,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
1 | $231,000 |
$231,000 | $231,000 |
$62,000 | $62,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CORNERSTONE COMMUNITY BANK by:
Metropolitan Area And
County
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