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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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FREDERICK COUNTY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FREDERICK COUNTY BANK |
| Address | 7 N. MARKET STREET
FREDERICK, MD 21701 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 52 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,822,000 |
| Average Mortgage Loan Amount Applied For | $183,500 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $117,750 |
| Highest Applicant Income | $291,000 |
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| Home Improvement |
9 | $891,000 |
$99,000 | $250,000 |
$46,000 | $113,000 |
| Home Purchase |
33 | $8,523,000 |
$258,000 | $1,000,000 |
$68,000 | $291,000 |
| Refinancing |
11 | $1,450,000 |
$131,000 | $485,000 |
$64,000 | $113,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $909,000 |
$454,000 | $538,000 |
$38,000 | $76,000 |
| Black or African American |
1 | $41,000 |
$41,000 | $41,000 |
$16,000 | $16,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
15 | $3,274,000 |
$218,000 | $656,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
35 | $6,640,000 |
$189,000 | $1,000,000 |
$93,000 | $291,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
53 | $10,864,000 |
$204,000 | $1,000,000 |
$63,000 | $291,000 |
| 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 |
2 | $1,022,000 |
$511,000 | $1,000,000 |
$174,000 | $224,000 |
| Application Denied By Financial Institution |
6 | $1,600,000 |
$266,000 | $538,000 |
$55,000 | $113,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
45 | $8,242,000 |
$183,000 | $656,000 |
$59,000 | $291,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
6 | $1,600,000 |
$266,000 | $538,000 |
$55,000 | $113,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FREDERICK COUNTY BANK by:
Metropolitan Area And
County
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