Cb&T of East Alabama Mortgage Lending & HMDA Data, 2003
In 2003, Cb&T of East Alabama of Phenix City, AL reported 126 mortgage applications totaling $6.5 million. The average application was for $51,801, and applicants reported an average income of $41,722. 79% of its applications resulted in an originated loan and 20% were denied. Its largest markets were Auburn-Opelika, AL (38), Columbus, GA-AL (4) and Knoxville, TN (1) (applications in parentheses).
| Mortgage Company & Address | Cb&T of East Alabama Po Box 2400 Phenix City, AL 36868 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 126 |
| Total Mortgage Loan Application Amount | $6,527,000 |
| Average Mortgage Loan Application Amount | $51,801 |
| Highest Mortgage Loan Application Amount | $770,000 |
| Average Applicant Income | $41,722 |
| Highest Applicant Income | $170,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Cb&T of East Alabama filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Russell, Alabama | 80 | $ 3,862,000 | $ 48,275 | $ 35,000 |
| Lee, Alabama | 38 | $ 1,568,000 | $ 41,263 | $ 41,000 |
| Muscogee, Georgia | 3 | $ 405,000 | $ 135,000 | $ 96,000 |
| Baldwin, Alabama | 1 | $ 265,000 | $ 265,000 | $ 96,000 |
| Bullock, Alabama | 1 | $ 27,000 | $ 27,000 | $ 84,000 |
| Harris, Georgia | 1 | $ 137,000 | $ 137,000 | $ 67,000 |
| Talbot, Georgia | 1 | $ 13,000 | $ 13,000 | $ 16,000 |
| Sevier, Tennessee | 1 | $ 250,000 | $ 250,000 | $ 39,000 |
Mortgage Loan Application Detail Totals for Cb&T of East Alabama in 2003
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Purchase (one-to-four family) | 52 | $3,863,000 | $155,333 | $770,000 | $62,333 | $170,000 |
| Home Improvement (one-to-four family) | 50 | $758,000 | $12,000 | $188,000 | $59,000 | $140,000 |
| Refinancing (home purchase or home improvement, one-to-four family) | 23 | $1,668,000 | $72,000 | $325,000 | $42,000 | $122,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 1 | $238,000 | $238,000 | $238,000 | $0 | $0 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 86 | $4,725,000 | $126,666 | $770,000 | $60,333 | $170,000 |
| Not applicable | 18 | $1,166,000 | $146,000 | $238,000 | $2,500 | $150,000 |
| Black | 17 | $553,000 | $32,000 | $188,000 | $34,000 | $98,000 |
| Hispanic | 2 | $64,000 | $32,000 | $58,000 | $46,000 | $56,000 |
| Asian or Pacific Islander | 2 | $9,000 | $4,000 | $6,000 | $55,000 | $68,000 |
| Other | 1 | $10,000 | $10,000 | $10,000 | $14,000 | $14,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Information not provided by applicant in mail or telephone application | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 126 | $6,527,000 | $136,000 | $770,000 | $51,000 | $170,000 |
| 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 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 100 | $5,880,000 | $138,000 | $770,000 | $51,666 | $170,000 |
| Application Denied By Financial Institution | 25 | $644,000 | $25,000 | $188,000 | $33,000 | $59,000 |
| Application Withdrawn By Applicant | 1 | $3,000 | $3,000 | $3,000 | $86,000 | $86,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Credit History | 21 | $546,000 | $26,000 | $188,000 | $36,000 | $59,000 |
| Debt-To-Income Ratio | 2 | $53,000 | $26,000 | $47,000 | $38,000 | $52,000 |
| Collateral | 1 | $25,000 | $25,000 | $25,000 | $23,000 | $23,000 |
| Unverifiable Information | 1 | $20,000 | $20,000 | $20,000 | $13,000 | $13,000 |
| Credit Application Incomplete | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Cb&T of East Alabama's 2003 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Cb&T of East Alabama's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Alabama, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About