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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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FIRST COMMERCIAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST COMMERCIAL BANK |
| Address | 1300 MEADOWBROOK RD SUITE 100
JACKSON, MS 39211 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 100 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $12,884,000 |
| Average Mortgage Loan Amount Applied For | $192,125 |
| Highest Mortgage Loan Amount Applied For | $680,000 |
| Average Applicant Income | $166,625 |
| Highest Applicant Income | $964,000 |
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| Home Improvement |
12 | $1,296,000 |
$108,000 | $680,000 |
$256,000 | $964,000 |
| Home Purchase |
32 | $4,277,000 |
$133,000 | $570,000 |
$142,000 | $791,000 |
| Refinancing |
56 | $7,311,000 |
$130,000 | $579,000 |
$156,000 | $956,000 |
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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 |
8 | $239,000 |
$29,000 | $54,000 |
$90,000 | $157,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
38 | $4,684,000 |
$123,000 | $579,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
54 | $7,961,000 |
$147,000 | $680,000 |
$290,000 | $964,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
100 | $12,884,000 |
$128,000 | $680,000 |
$164,000 | $964,000 |
| 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 |
4 | $136,000 |
$34,000 | $50,000 |
$52,000 | $93,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
96 | $12,748,000 |
$132,000 | $680,000 |
$168,000 | $964,000 |
| 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 |
2 | $70,000 |
$35,000 | $50,000 |
$61,000 | $93,000 |
| Debt-To-Income Ratio |
1 | $46,000 |
$46,000 | $46,000 |
$58,000 | $58,000 |
| 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 |
1 | $20,000 |
$20,000 | $20,000 |
$30,000 | $30,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST COMMERCIAL BANK by:
Metropolitan Area And
County
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