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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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THE COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE COMMUNITY BANK |
| Address | 1265 BELMONT STREET
BROCKTON, MA 02301 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 251 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $76,453,000 |
| Average Mortgage Loan Amount Applied For | $406,714 |
| Highest Mortgage Loan Amount Applied For | $1,510,000 |
| Average Applicant Income | $126,142 |
| Highest Applicant Income | $1,238,000 |
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| Home Improvement |
20 | $3,534,000 |
$176,000 | $420,000 |
$88,000 | $204,000 |
| Home Purchase |
137 | $47,849,000 |
$349,000 | $1,510,000 |
$120,000 | $1,238,000 |
| Refinancing |
109 | $28,650,000 |
$262,000 | $825,000 |
$100,000 | $594,000 |
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| American Indian or Alaskan Native |
1 | $255,000 |
$255,000 | $255,000 |
$61,000 | $61,000 |
| Asian |
1 | $510,000 |
$510,000 | $510,000 |
$86,000 | $86,000 |
| Black or African American |
7 | $2,275,000 |
$325,000 | $426,000 |
$50,000 | $95,000 |
| Hispanic |
6 | $1,199,000 |
$199,000 | $270,000 |
$59,000 | $176,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $1,510,000 |
$1,510,000 | $1,510,000 |
$0 | $0 |
| Not Provided |
5 | $1,356,000 |
$271,000 | $500,000 |
$66,000 | $106,000 |
| White |
245 | $72,928,000 |
$297,000 | $960,000 |
$114,000 | $1,238,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
266 | $80,033,000 |
$300,000 | $1,510,000 |
$109,000 | $1,238,000 |
| 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 |
11 | $3,441,000 |
$312,000 | $636,000 |
$105,000 | $194,000 |
| Application Denied By Financial Institution |
23 | $6,758,000 |
$293,000 | $777,000 |
$63,000 | $130,000 |
| Application Withdrawn By Applicant |
27 | $7,996,000 |
$296,000 | $620,000 |
$133,000 | $527,000 |
| File Closed For Incompleteness |
10 | $4,523,000 |
$452,000 | $834,000 |
$311,000 | $1,238,000 |
| Loan Originated |
181 | $54,035,000 |
$298,000 | $1,510,000 |
$104,000 | $657,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
7 | $1,588,000 |
$226,000 | $350,000 |
$69,000 | $94,000 |
| Preapproval Denied by Financial Institution |
7 | $1,692,000 |
$241,000 | $285,000 |
$54,000 | $78,000 |
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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 THE COMMUNITY BANK by:
Metropolitan Area And
County
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