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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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THE COMMERCIAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE COMMERCIAL BANK |
| Address | PO BOX 306
CRAWFORD, GA 30630 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 149 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $9,749,000 |
| Average Mortgage Loan Amount Applied For | $86,777 |
| Highest Mortgage Loan Amount Applied For | $601,000 |
| Average Applicant Income | $106,333 |
| Highest Applicant Income | $743,000 |
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| Home Improvement |
20 | $905,000 |
$45,000 | $147,000 |
$68,000 | $328,000 |
| Home Purchase |
14 | $812,000 |
$58,000 | $157,000 |
$75,000 | $562,000 |
| Refinancing |
118 | $8,049,000 |
$68,000 | $601,000 |
$68,000 | $743,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $115,000 |
$57,000 | $60,000 |
$47,000 | $57,000 |
| Black or African American |
16 | $524,000 |
$32,000 | $140,000 |
$37,000 | $75,000 |
| Hispanic |
1 | $37,000 |
$37,000 | $37,000 |
$40,000 | $40,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
133 | $9,090,000 |
$68,000 | $601,000 |
$73,000 | $743,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
152 | $9,766,000 |
$64,000 | $601,000 |
$68,000 | $743,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
1 | $40,000 |
$40,000 | $40,000 |
$24,000 | $24,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
151 | $9,726,000 |
$64,000 | $601,000 |
$69,000 | $743,000 |
| 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 |
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 THE COMMERCIAL BANK by:
Metropolitan Area And
County
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