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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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SOUTHERN COMM BANK OF CEN FL
Mortgage Loans and Application Details
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| Mortgage Company Name |
SOUTHERN COMM BANK OF CEN FL |
| Address | 2324 SAND LAKE ROAD
ORLANDO, FL 32809 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 72 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $15,226,000 |
| Average Mortgage Loan Amount Applied For | $285,571 |
| Highest Mortgage Loan Amount Applied For | $1,341,000 |
| Average Applicant Income | $84,857 |
| Highest Applicant Income | $502,000 |
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| Home Improvement (one-to-four family) |
6 | $46,000 |
$7,000 | $15,000 |
$16,000 | $25,000 |
| Home Purchase (one-to-four family) |
40 | $6,209,000 |
$155,000 | $1,341,000 |
$129,000 | $502,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
8 | $3,679,000 |
$459,000 | $1,100,000 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
18 | $5,292,000 |
$614,000 | $1,125,000 |
$62,000 | $360,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian or Pacific Islander |
1 | $156,000 |
$156,000 | $156,000 |
$60,000 | $60,000 |
| Black |
7 | $202,000 |
$28,000 | $50,000 |
$15,000 | $29,000 |
| Hispanic |
3 | $262,000 |
$87,000 | $90,000 |
$55,000 | $79,000 |
| Information not provided by applicant in mail or telephone application |
6 | $3,040,000 |
$506,000 | $1,341,000 |
$122,000 | $453,000 |
| Not applicable |
10 | $4,535,000 |
$685,000 | $1,100,000 |
$46,000 | $310,000 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
45 | $7,031,000 |
$156,000 | $1,125,000 |
$103,000 | $502,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
72 | $15,226,000 |
$587,500 | $1,341,000 |
$47,500 | $502,000 |
| 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 |
5 | $1,432,000 |
$286,000 | $550,000 |
$47,000 | $150,000 |
| Application Denied By Financial Institution |
5 | $936,000 |
$187,000 | $750,000 |
$33,000 | $107,000 |
| Application Withdrawn By Applicant |
1 | $125,000 |
$125,000 | $125,000 |
$91,000 | $91,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
43 | $6,483,000 |
$150,000 | $1,100,000 |
$95,000 | $502,000 |
| Loan Purchased By The Institution |
18 | $6,250,000 |
$642,500 | $1,341,000 |
$74,500 | $453,000 |
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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 SOUTHERN COMM BANK OF CEN FL by:
Metropolitan Area And
County
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