|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRST COMMUNITY BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRST COMMUNITY BANK |
| Address | 205 BLOCK ST
MARION, AR 72364 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 124 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,263,000 |
| Average Mortgage Loan Amount Applied For | $78,750 |
| Highest Mortgage Loan Amount Applied For | $1,183,000 |
| Average Applicant Income | $46,750 |
| Highest Applicant Income | $4,684,000 |
|
|
|
| Home Improvement |
14 | $472,000 |
$33,000 | $100,000 |
$107,000 | $507,000 |
| Home Purchase |
142 | $15,561,000 |
$109,000 | $1,183,000 |
$66,000 | $1,690,000 |
| Refinancing |
39 | $3,446,000 |
$88,000 | $212,000 |
$212,000 | $4,684,000 |
|
|
| American Indian or Alaskan Native |
1 | $54,000 |
$54,000 | $54,000 |
$35,000 | $35,000 |
| Asian |
3 | $330,000 |
$110,000 | $168,000 |
$24,000 | $72,000 |
| Black or African American |
19 | $2,195,000 |
$115,000 | $240,000 |
$8,000 | $69,000 |
| Hispanic |
4 | $229,000 |
$57,000 | $79,000 |
$42,000 | $120,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
7 | $401,000 |
$57,000 | $142,000 |
$408,000 | $1,690,000 |
| Not Provided |
2 | $192,000 |
$96,000 | $120,000 |
$18,000 | $19,000 |
| White |
159 | $16,078,000 |
$101,000 | $1,183,000 |
$99,000 | $4,684,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
159 | $15,834,000 |
$99,000 | $1,183,000 |
$118,000 | $4,684,000 |
| FHA-insured (Federal Housing Administration) |
19 | $1,944,000 |
$102,000 | $168,000 |
$11,000 | $85,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
13 | $1,195,000 |
$91,000 | $143,000 |
$11,000 | $68,000 |
| VA-guaranteed (Veterans Administration) |
4 | $506,000 |
$126,000 | $240,000 |
$6,000 | $25,000 |
|
|
| Application Approved But Not Accepted |
2 | $170,000 |
$85,000 | $150,000 |
$30,000 | $61,000 |
| Application Denied By Financial Institution |
82 | $10,144,000 |
$123,000 | $1,183,000 |
$13,000 | $135,000 |
| Application Withdrawn By Applicant |
6 | $785,000 |
$130,000 | $220,000 |
$18,000 | $60,000 |
| File Closed For Incompleteness |
4 | $697,000 |
$174,000 | $217,000 |
$27,000 | $62,000 |
| Loan Originated |
101 | $7,683,000 |
$76,000 | $245,000 |
$176,000 | $4,684,000 |
| 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 |
|
|
| 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 |
|
Mortgage Loan App Totals for FIRST COMMUNITY BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
