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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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MAINSTREET COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
MAINSTREET COMMUNITY BANK |
| Address | 204 S. WOODLAND BLVD.
DELAND, FL 32720 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 86 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $12,030,000 |
| Average Mortgage Loan Amount Applied For | $200,000 |
| Highest Mortgage Loan Amount Applied For | $1,465,000 |
| Average Applicant Income | $55,500 |
| Highest Applicant Income | $324,000 |
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| Home Improvement |
15 | $639,000 |
$42,000 | $150,000 |
$45,000 | $84,000 |
| Home Purchase |
45 | $7,672,000 |
$170,000 | $1,465,000 |
$66,000 | $324,000 |
| Refinancing |
26 | $3,719,000 |
$143,000 | $394,000 |
$64,000 | $295,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
2 | $273,000 |
$136,000 | $138,000 |
$28,000 | $33,000 |
| Hispanic |
7 | $1,025,000 |
$146,000 | $192,000 |
$124,000 | $324,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
10 | $4,331,000 |
$433,000 | $1,465,000 |
$0 | $0 |
| Not Provided |
1 | $85,000 |
$85,000 | $85,000 |
$66,000 | $66,000 |
| White |
66 | $6,316,000 |
$95,000 | $350,000 |
$66,000 | $323,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
86 | $12,030,000 |
$139,000 | $1,465,000 |
$62,000 | $324,000 |
| 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 |
6 | $973,000 |
$162,000 | $225,000 |
$108,000 | $324,000 |
| Application Denied By Financial Institution |
12 | $1,302,000 |
$108,000 | $230,000 |
$46,000 | $74,000 |
| Application Withdrawn By Applicant |
13 | $2,315,000 |
$178,000 | $350,000 |
$68,000 | $295,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
54 | $5,975,000 |
$110,000 | $469,000 |
$60,000 | $324,000 |
| Loan Purchased By The Institution |
1 | $1,465,000 |
$1,465,000 | $1,465,000 |
$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 | $108,000 |
$108,000 | $108,000 |
$48,000 | $48,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $551,000 |
$78,000 | $138,000 |
$42,000 | $74,000 |
| Debt-To-Income Ratio |
3 | $413,000 |
$137,000 | $185,000 |
$57,000 | $66,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $230,000 |
$230,000 | $230,000 |
$48,000 | $48,000 |
| 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 MAINSTREET COMMUNITY BANK by:
Metropolitan Area And
County
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