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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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PROVIDENT COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
PROVIDENT COMMUNITY BANK |
| Address | WEST MAIN STREET
UNION, SC 29379 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 286 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $27,650,000 |
| Average Mortgage Loan Amount Applied For | $161,333 |
| Highest Mortgage Loan Amount Applied For | $800,000 |
| Average Applicant Income | $72,925 |
| Highest Applicant Income | $464,000 |
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| Home Improvement |
11 | $1,030,000 |
$93,000 | $800,000 |
$43,000 | $115,000 |
| Home Purchase |
112 | $11,217,000 |
$100,000 | $564,000 |
$74,000 | $407,000 |
| Refinancing |
163 | $15,403,000 |
$94,000 | $694,000 |
$64,000 | $464,000 |
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| American Indian or Alaskan Native |
2 | $880,000 |
$440,000 | $800,000 |
$27,000 | $28,000 |
| Asian |
2 | $156,000 |
$78,000 | $98,000 |
$74,000 | $98,000 |
| Black or African American |
31 | $1,870,000 |
$60,000 | $348,000 |
$43,000 | $133,000 |
| Hispanic |
5 | $454,000 |
$90,000 | $180,000 |
$41,000 | $56,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $74,000 |
$74,000 | $74,000 |
$44,000 | $44,000 |
| White |
245 | $24,216,000 |
$98,000 | $694,000 |
$71,000 | $464,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
286 | $27,650,000 |
$96,000 | $800,000 |
$67,000 | $464,000 |
| 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 |
1 | $15,000 |
$15,000 | $15,000 |
$23,000 | $23,000 |
| Application Denied By Financial Institution |
44 | $4,013,000 |
$91,000 | $800,000 |
$36,000 | $120,000 |
| Application Withdrawn By Applicant |
26 | $2,537,000 |
$97,000 | $456,000 |
$56,000 | $168,000 |
| File Closed For Incompleteness |
1 | $33,000 |
$33,000 | $33,000 |
$41,000 | $41,000 |
| Loan Originated |
214 | $21,052,000 |
$98,000 | $694,000 |
$75,000 | $464,000 |
| 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 | $65,000 |
$65,000 | $65,000 |
$58,000 | $58,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
33 | $3,409,000 |
$103,000 | $800,000 |
$37,000 | $120,000 |
| Debt-To-Income Ratio |
8 | $532,000 |
$66,000 | $158,000 |
$33,000 | $59,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $4,000 |
$4,000 | $4,000 |
$11,000 | $11,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $3,000 |
$3,000 | $3,000 |
$26,000 | $26,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for PROVIDENT COMMUNITY BANK by:
Metropolitan Area And
County
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