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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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MADISON COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
MADISON COMMUNITY BANK |
| Address | 33 W 10TH ST
ANDERSON, IN 46016 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 727 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $87,571,000 |
| Average Mortgage Loan Amount Applied For | $327,212 |
| Highest Mortgage Loan Amount Applied For | $4,168,000 |
| Average Applicant Income | $154,393 |
| Highest Applicant Income | $880,000 |
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| Home Improvement (one-to-four family) |
15 | $449,000 |
$29,000 | $104,000 |
$24,000 | $96,000 |
| Home Purchase (one-to-four family) |
150 | $14,505,000 |
$202,800 | $600,000 |
$101,800 | $709,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
4 | $4,799,000 |
$1,199,000 | $4,168,000 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
558 | $67,818,000 |
$275,750 | $800,000 |
$217,000 | $880,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian or Pacific Islander |
2 | $532,000 |
$266,000 | $500,000 |
$123,000 | $125,000 |
| Black |
10 | $1,094,000 |
$109,000 | $440,000 |
$84,000 | $345,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Information not provided by applicant in mail or telephone application |
4 | $401,000 |
$100,000 | $171,000 |
$90,000 | $110,000 |
| Not applicable |
26 | $6,333,000 |
$155,000 | $4,168,000 |
$0 | $0 |
| Other |
2 | $224,000 |
$112,000 | $188,000 |
$218,000 | $357,000 |
| White |
683 | $78,987,000 |
$260,428 | $800,000 |
$160,714 | $880,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
726 | $87,470,000 |
$259,571 | $4,168,000 |
$156,142 | $880,000 |
| 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 | $101,000 |
$101,000 | $101,000 |
$59,000 | $59,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
26 | $1,946,000 |
$74,000 | $538,000 |
$37,000 | $124,000 |
| Application Withdrawn By Applicant |
46 | $4,522,000 |
$98,000 | $303,000 |
$77,000 | $179,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
655 | $81,103,000 |
$260,000 | $4,168,000 |
$158,000 | $880,000 |
| Loan Purchased By The 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 |
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 MADISON COMMUNITY BANK by:
Metropolitan Area And
County
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