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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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FRANKLIN COMMUNITY BANK, N.A.
Mortgage Loans and Application Details
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| Mortgage Company Name |
FRANKLIN COMMUNITY BANK, N.A. |
| Address | 400 OLD FRANKLIN TPKE., SUITE 100
ROCKY MOUNT, VA 24151 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 64 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,343,000 |
| Average Mortgage Loan Amount Applied For | $50,400 |
| Highest Mortgage Loan Amount Applied For | $720,000 |
| Average Applicant Income | $89,800 |
| Highest Applicant Income | $347,000 |
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| Home Improvement |
9 | $285,000 |
$31,000 | $98,000 |
$52,000 | $89,000 |
| Home Purchase |
51 | $4,293,000 |
$84,000 | $385,000 |
$80,000 | $347,000 |
| Refinancing |
20 | $2,168,000 |
$108,000 | $720,000 |
$55,000 | $145,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $85,000 |
$42,000 | $48,000 |
$240,000 | $240,000 |
| Black or African American |
2 | $154,000 |
$77,000 | $90,000 |
$62,000 | $98,000 |
| Hispanic |
1 | $25,000 |
$25,000 | $25,000 |
$50,000 | $50,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
8 | $858,000 |
$107,000 | $310,000 |
$0 | $0 |
| Not Provided |
1 | $20,000 |
$20,000 | $20,000 |
$11,000 | $11,000 |
| White |
66 | $5,604,000 |
$84,000 | $720,000 |
$75,000 | $347,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
80 | $6,746,000 |
$84,000 | $720,000 |
$70,000 | $347,000 |
| 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 | $256,000 |
$64,000 | $128,000 |
$33,000 | $59,000 |
| Application Withdrawn By Applicant |
4 | $335,000 |
$83,000 | $98,000 |
$63,000 | $145,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
72 | $6,155,000 |
$85,000 | $720,000 |
$73,000 | $347,000 |
| 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 |
1 | $128,000 |
$128,000 | $128,000 |
$59,000 | $59,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $128,000 |
$42,000 | $98,000 |
$24,000 | $52,000 |
| 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 FRANKLIN COMMUNITY BANK, N.A. by:
Metropolitan Area And
County
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