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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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COLORADO FEDERAL SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
COLORADO FEDERAL SAVINGS BANK |
| Address | 8400 E PRENTICE AVENUE SUITE 545
ENGLEWOOD, CO 80111 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 5,321 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $983,229,000 |
| Average Mortgage Loan Amount Applied For | $146,143 |
| Highest Mortgage Loan Amount Applied For | $3,500,000 |
| Average Applicant Income | $76,026 |
| Highest Applicant Income | $3,250,000 |
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| Home Improvement |
31 | $8,023,000 |
$258,000 | $935,000 |
$89,000 | $216,000 |
| Home Purchase |
3,968 | $657,025,000 |
$165,000 | $2,792,000 |
$87,000 | $3,250,000 |
| Refinancing |
1,323 | $318,332,000 |
$240,000 | $3,500,000 |
$102,000 | $3,000,000 |
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| American Indian or Alaskan Native |
24 | $3,258,000 |
$135,000 | $545,000 |
$58,000 | $136,000 |
| Asian |
413 | $107,131,000 |
$259,000 | $1,440,000 |
$102,000 | $2,400,000 |
| Black or African American |
808 | $123,540,000 |
$152,000 | $2,000,000 |
$71,000 | $3,250,000 |
| Hispanic |
844 | $165,480,000 |
$196,000 | $1,430,000 |
$71,000 | $621,000 |
| Native Hawaiin or Other Pacific Islander |
138 | $40,339,000 |
$292,000 | $823,000 |
$102,000 | $420,000 |
| Not applicable |
1 | $208,000 |
$208,000 | $208,000 |
$145,000 | $145,000 |
| Not Provided |
392 | $67,348,000 |
$171,000 | $1,351,000 |
$90,000 | $1,693,000 |
| White |
2,702 | $476,076,000 |
$176,000 | $3,500,000 |
$102,000 | $1,516,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,124 | $926,554,000 |
$180,000 | $3,500,000 |
$92,000 | $3,250,000 |
| FHA-insured (Federal Housing Administration) |
70 | $11,314,000 |
$161,000 | $470,000 |
$65,000 | $270,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
128 | $45,512,000 |
$355,000 | $625,000 |
$74,000 | $157,000 |
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| Application Approved But Not Accepted |
956 | $158,517,000 |
$165,000 | $1,575,000 |
$82,000 | $1,693,000 |
| Application Denied By Financial Institution |
706 | $141,148,000 |
$199,000 | $2,000,000 |
$93,000 | $3,000,000 |
| Application Withdrawn By Applicant |
689 | $162,396,000 |
$235,000 | $3,500,000 |
$132,000 | $2,400,000 |
| File Closed For Incompleteness |
6 | $439,000 |
$73,000 | $130,000 |
$68,000 | $108,000 |
| Loan Originated |
2,964 | $520,672,000 |
$175,000 | $1,000,000 |
$84,000 | $3,250,000 |
| Loan Purchased By The Institution |
1 | $208,000 |
$208,000 | $208,000 |
$145,000 | $145,000 |
| 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 |
65 | $13,691,000 |
$210,000 | $1,120,000 |
$150,000 | $1,516,000 |
| Credit Application Incomplete |
9 | $3,267,000 |
$363,000 | $580,000 |
$113,000 | $205,000 |
| Credit History |
178 | $38,542,000 |
$216,000 | $1,950,000 |
$99,000 | $1,516,000 |
| Debt-To-Income Ratio |
28 | $6,642,000 |
$237,000 | $807,000 |
$77,000 | $200,000 |
| Employment History |
5 | $592,000 |
$118,000 | $205,000 |
$55,000 | $80,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
16 | $3,297,000 |
$206,000 | $650,000 |
$74,000 | $204,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
375 | $65,992,000 |
$175,000 | $1,440,000 |
$75,000 | $600,000 |
| Unverifiable Information |
30 | $9,125,000 |
$304,000 | $2,000,000 |
$192,000 | $3,000,000 |
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Mortgage Loan App Totals for COLORADO FEDERAL SAVINGS BANK by:
Metropolitan Area And
County
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