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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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CUMBERLAND BANK NORTH
Mortgage Loans and Application Details
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| Mortgage Company Name |
CUMBERLAND BANK NORTH |
| Address | 231 SOUTH ROYAL OAKS BOULEVARD
FRANKLIN, TN 37064 |
| Agency | Federal Reserve System (FRS) |
| Year | 2004 |
| Data Years (click a year for detail) | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 536 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $53,290,000 |
| Average Mortgage Loan Amount Applied For | $133,868 |
| Highest Mortgage Loan Amount Applied For | $675,000 |
| Average Applicant Income | $132,000 |
| Highest Applicant Income | $2,420,000 |
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| Home Improvement |
56 | $282,000 |
$6,333 | $40,000 |
$26,666 | $80,000 |
| Home Purchase |
216 | $23,182,000 |
$122,500 | $675,000 |
$82,500 | $782,000 |
| Refinancing |
264 | $29,826,000 |
$210,200 | $622,000 |
$537,000 | $2,420,000 |
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| American Indian or Alaskan Native |
1 | $57,000 |
$57,000 | $57,000 |
$78,000 | $78,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
9 | $714,000 |
$58,333 | $165,000 |
$44,000 | $130,000 |
| Hispanic |
10 | $862,000 |
$110,000 | $149,000 |
$107,000 | $166,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $137,000 |
$137,000 | $137,000 |
$0 | $0 |
| Not Provided |
13 | $1,459,000 |
$127,000 | $240,000 |
$59,500 | $121,000 |
| White |
502 | $50,061,000 |
$155,800 | $675,000 |
$306,800 | $2,420,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
478 | $47,957,000 |
$155,400 | $675,000 |
$308,200 | $2,420,000 |
| FHA-insured (Federal Housing Administration) |
36 | $3,326,000 |
$100,500 | $179,000 |
$47,500 | $147,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
19 | $1,616,000 |
$85,000 | $130,000 |
$36,000 | $50,000 |
| VA-guaranteed (Veterans Administration) |
3 | $391,000 |
$130,000 | $208,000 |
$47,000 | $64,000 |
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| Application Approved But Not Accepted |
39 | $3,906,000 |
$91,250 | $290,000 |
$45,250 | $220,000 |
| Application Denied By Financial Institution |
37 | $2,911,000 |
$71,750 | $675,000 |
$66,500 | $407,000 |
| Application Withdrawn By Applicant |
18 | $1,787,000 |
$142,000 | $214,000 |
$79,500 | $400,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
442 | $44,686,000 |
$219,000 | $622,000 |
$550,400 | $2,420,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CUMBERLAND BANK NORTH by:
Metropolitan Area And
County
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