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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 COMMUNITY BANK,NA
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST COMMUNITY BANK,NA |
| Address | P.O. BOX 989
BLUEFIELD, VA 24605 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,632 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $190,136,000 |
| Average Mortgage Loan Amount Applied For | $157,046 |
| Highest Mortgage Loan Amount Applied For | $3,400,000 |
| Average Applicant Income | $84,844 |
| Highest Applicant Income | $1,147,000 |
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| Home Improvement |
586 | $10,980,000 |
$18,000 | $650,000 |
$48,000 | $528,000 |
| Home Purchase |
1,092 | $102,144,000 |
$93,000 | $3,400,000 |
$70,000 | $966,000 |
| Refinancing |
954 | $77,012,000 |
$80,000 | $777,000 |
$64,000 | $1,147,000 |
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| American Indian or Alaskan Native |
1 | $43,000 |
$43,000 | $43,000 |
$72,000 | $72,000 |
| Asian |
9 | $1,067,000 |
$118,000 | $283,000 |
$108,000 | $278,000 |
| Black or African American |
76 | $4,805,000 |
$63,000 | $456,000 |
$57,000 | $290,000 |
| Hispanic |
31 | $1,986,000 |
$64,000 | $380,000 |
$47,000 | $147,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $49,000 |
$49,000 | $49,000 |
$166,000 | $166,000 |
| Not applicable |
82 | $17,493,000 |
$213,000 | $3,400,000 |
$8,000 | $250,000 |
| Not Provided |
2 | $276,000 |
$138,000 | $204,000 |
$109,000 | $176,000 |
| White |
2,430 | $164,417,000 |
$67,000 | $1,600,000 |
$65,000 | $1,147,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,631 | $190,012,000 |
$72,000 | $3,400,000 |
$63,000 | $1,147,000 |
| 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) |
1 | $124,000 |
$124,000 | $124,000 |
$37,000 | $37,000 |
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| Application Approved But Not Accepted |
84 | $11,452,000 |
$136,000 | $417,000 |
$78,000 | $587,000 |
| Application Denied By Financial Institution |
343 | $19,498,000 |
$56,000 | $1,600,000 |
$41,000 | $737,000 |
| Application Withdrawn By Applicant |
55 | $2,520,000 |
$45,000 | $250,000 |
$45,000 | $190,000 |
| File Closed For Incompleteness |
3 | $313,000 |
$104,000 | $200,000 |
$62,000 | $89,000 |
| Loan Originated |
2,147 | $156,353,000 |
$72,000 | $3,400,000 |
$66,000 | $1,147,000 |
| 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 |
26 | $3,386,000 |
$130,000 | $622,000 |
$76,000 | $498,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
223 | $11,003,000 |
$49,000 | $1,600,000 |
$39,000 | $737,000 |
| Debt-To-Income Ratio |
78 | $3,778,000 |
$48,000 | $225,000 |
$35,000 | $120,000 |
| Employment History |
4 | $238,000 |
$59,000 | $128,000 |
$31,000 | $55,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $32,000 |
$32,000 | $32,000 |
$10,000 | $10,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $633,000 |
$79,000 | $259,000 |
$36,000 | $79,000 |
| Unverifiable Information |
3 | $428,000 |
$142,000 | $198,000 |
$65,000 | $84,000 |
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Mortgage Loan App Totals for FIRST COMMUNITY BANK,NA by:
Metropolitan Area And
County
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