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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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DAMASCUS COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
DAMASCUS COMMUNITY BANK |
| Address | 26500 RIDGE ROAD
DAMASCUS, MD 20872 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 35 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,647,000 |
| Average Mortgage Loan Amount Applied For | $141,571 |
| Highest Mortgage Loan Amount Applied For | $358,000 |
| Average Applicant Income | $112,428 |
| Highest Applicant Income | $226,000 |
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| Home Improvement |
22 | $388,000 |
$17,000 | $110,000 |
$70,000 | $168,000 |
| Home Purchase |
8 | $1,645,000 |
$205,000 | $358,000 |
$124,000 | $226,000 |
| Refinancing |
5 | $614,000 |
$122,000 | $250,000 |
$36,000 | $70,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
4 | $38,000 |
$9,000 | $18,000 |
$60,000 | $74,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
31 | $2,609,000 |
$84,000 | $358,000 |
$80,000 | $226,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
35 | $2,647,000 |
$75,000 | $358,000 |
$78,000 | $226,000 |
| 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 |
3 | $719,000 |
$239,000 | $358,000 |
$164,000 | $226,000 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
2 | $290,000 |
$145,000 | $170,000 |
$22,000 | $45,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
30 | $1,638,000 |
$54,000 | $300,000 |
$73,000 | $168,000 |
| 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 DAMASCUS COMMUNITY BANK by:
Metropolitan Area And
County
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