|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRST COMMUNITY MORTGAGE, INC.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRST COMMUNITY MORTGAGE, INC. |
| Address | 1610 S. CHURCH ST. - STE. A
MURFREESBORO, TN 37130 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 691 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $94,382,000 |
| Average Mortgage Loan Amount Applied For | $154,265 |
| Highest Mortgage Loan Amount Applied For | $796,000 |
| Average Applicant Income | $78,836 |
| Highest Applicant Income | $1,102,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
469 | $62,584,000 |
$133,000 | $796,000 |
$69,000 | $1,102,000 |
| Refinancing |
222 | $31,798,000 |
$143,000 | $417,000 |
$72,000 | $593,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
7 | $1,022,000 |
$146,000 | $272,000 |
$72,000 | $144,000 |
| Black or African American |
53 | $6,399,000 |
$120,000 | $465,000 |
$63,000 | $132,000 |
| Hispanic |
20 | $1,983,000 |
$99,000 | $230,000 |
$46,000 | $158,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
22 | $2,648,000 |
$120,000 | $322,000 |
$68,000 | $432,000 |
| White |
589 | $82,330,000 |
$139,000 | $796,000 |
$72,000 | $1,102,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
556 | $76,709,000 |
$137,000 | $796,000 |
$74,000 | $1,102,000 |
| FHA-insured (Federal Housing Administration) |
112 | $14,187,000 |
$126,000 | $224,000 |
$55,000 | $151,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
23 | $3,486,000 |
$151,000 | $250,000 |
$56,000 | $110,000 |
|
|
| Application Approved But Not Accepted |
6 | $661,000 |
$110,000 | $139,000 |
$50,000 | $74,000 |
| Application Denied By Financial Institution |
24 | $3,463,000 |
$144,000 | $465,000 |
$53,000 | $132,000 |
| Application Withdrawn By Applicant |
35 | $4,871,000 |
$139,000 | $296,000 |
$83,000 | $384,000 |
| File Closed For Incompleteness |
1 | $123,000 |
$123,000 | $123,000 |
$144,000 | $144,000 |
| Loan Originated |
625 | $85,264,000 |
$136,000 | $796,000 |
$70,000 | $1,102,000 |
| 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 |
5 | $650,000 |
$130,000 | $250,000 |
$58,000 | $83,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $616,000 |
$123,000 | $205,000 |
$48,000 | $84,000 |
| Debt-To-Income Ratio |
5 | $577,000 |
$115,000 | $325,000 |
$46,000 | $105,000 |
| Employment History |
2 | $222,000 |
$111,000 | $143,000 |
$54,000 | $66,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $248,000 |
$248,000 | $248,000 |
$95,000 | $95,000 |
| Unverifiable Information |
1 | $77,000 |
$77,000 | $77,000 |
$30,000 | $30,000 |
|
Mortgage Loan App Totals for FIRST COMMUNITY MORTGAGE, INC. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
