Community & Southern Bank Mortgage Lending & HMDA Data, 2011
In 2011, Community & Southern Bank of Atlanta, GA reported 851 mortgage applications totaling $80.5 million. The average application was for $94,629, and applicants reported an average income of $68,042. 73% of its applications resulted in an originated loan and 19% were denied. Its largest markets were Atlanta-Sandy Springs-Marietta, GA (498), Dalton, GA (47) and Athens-Clarke County, GA (10) (applications in parentheses).
| Mortgage Company & Address | Community & Southern Bank 3333 Riverwood Parkway Suite #350 Atlanta, GA 30339 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 851 |
| Total Mortgage Loan Application Amount | $80,530,000 |
| Average Mortgage Loan Application Amount | $94,629 |
| Highest Mortgage Loan Application Amount | $1,044,000 |
| Average Applicant Income | $68,042 |
| Highest Applicant Income | $928,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Community & Southern Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Atlanta-Sandy Springs-Marietta, GA | 498 | $ 40,192,000 | $ 80,706 | $ 73,000 |
| Dalton, GA | 47 | $ 3,887,000 | $ 82,702 | $ 58,000 |
| Athens-Clarke County, GA | 10 | $ 1,321,000 | $ 132,100 | $ 43,000 |
| Gainesville, GA | 5 | $ 1,067,000 | $ 213,400 | $ 171,000 |
| Cleveland, TN | 2 | $ 144,000 | $ 72,000 | $ 43,000 |
| Chattanooga, TN-GA | 1 | $ 26,000 | $ 26,000 | $ 0 |
| Gadsden, AL | 1 | $ 52,000 | $ 52,000 | $ 22,000 |
| Greenville-Mauldin-Easley, SC | 1 | $ 90,000 | $ 90,000 | $ 159,000 |
| Jacksonville, FL | 1 | $ 29,000 | $ 29,000 | $ 82,000 |
| Johnson City, TN | 1 | $ 67,000 | $ 67,000 | $ 14,000 |
| Miami-Miami Beach-Kendall, FL | 1 | $ 180,000 | $ 180,000 | $ 73,000 |
| Palm Bay-Melbourne-Titusville, FL | 1 | $ 112,000 | $ 112,000 | $ 43,000 |
| Rome, GA | 1 | $ 164,000 | $ 164,000 | $ 123,000 |
Mortgage Loan Application Detail Totals for Community & Southern Bank in 2011
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 |
|---|---|---|---|---|---|---|
| Refinancing | 685 | $69,453,000 | $101,000 | $1,044,000 | $69,000 | $928,000 |
| Home Purchase | 129 | $9,750,000 | $75,000 | $297,000 | $71,000 | $577,000 |
| Home Improvement | 37 | $1,327,000 | $35,000 | $231,000 | $40,000 | $144,000 |
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 | 669 | $62,395,000 | $93,000 | $1,044,000 | $80,000 | $928,000 |
| Not applicable | 75 | $11,151,000 | $148,000 | $842,000 | $1,000 | $103,000 |
| Hispanic | 48 | $3,771,000 | $78,000 | $389,000 | $34,000 | $100,000 |
| Black or African American | 41 | $1,859,000 | $45,000 | $175,000 | $43,000 | $179,000 |
| Not Provided | 13 | $939,000 | $72,000 | $233,000 | $64,000 | $144,000 |
| American Indian or Alaskan Native | 3 | $215,000 | $71,000 | $155,000 | $79,000 | $92,000 |
| Asian | 2 | $200,000 | $100,000 | $100,000 | $35,000 | $48,000 |
| Native Hawaiian or Other Pacific Islander | 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) | 843 | $79,809,000 | $94,000 | $1,044,000 | $69,000 | $928,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 4 | $412,000 | $103,000 | $140,000 | $37,000 | $48,000 |
| FHA-insured (Federal Housing Administration) | 3 | $241,000 | $80,000 | $92,000 | $31,000 | $42,000 |
| VA-guaranteed (Veterans Administration) | 1 | $68,000 | $68,000 | $68,000 | $48,000 | $48,000 |
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 | 624 | $56,476,000 | $90,000 | $1,044,000 | $72,000 | $928,000 |
| Application Denied By Financial Institution | 163 | $15,645,000 | $95,000 | $445,000 | $55,000 | $426,000 |
| Application Withdrawn By Applicant | 61 | $7,739,000 | $126,000 | $592,000 | $68,000 | $366,000 |
| Application Approved But Not Accepted | 2 | $520,000 | $260,000 | $417,000 | $54,000 | $74,000 |
| Loan Purchased By The Institution | 1 | $150,000 | $150,000 | $150,000 | $104,000 | $104,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 47 | $5,353,000 | $113,000 | $410,000 | $54,000 | $426,000 |
| Credit History | 39 | $2,703,000 | $69,000 | $396,000 | $51,000 | $240,000 |
| Credit Application Incomplete | 35 | $3,427,000 | $97,000 | $445,000 | $62,000 | $422,000 |
| Collateral | 18 | $2,486,000 | $138,000 | $410,000 | $72,000 | $286,000 |
| Employment History | 8 | $597,000 | $74,000 | $275,000 | $48,000 | $101,000 |
| Other | 7 | $392,000 | $56,000 | $148,000 | $45,000 | $110,000 |
| Unverifiable Information | 3 | $344,000 | $114,000 | $168,000 | $38,000 | $71,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $158,000 | $158,000 | $158,000 | $53,000 | $53,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Community & Southern Bank's 2011 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 Community & Southern Bank'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 Georgia, 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