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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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GATEWAY BUSINESS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
GATEWAY BUSINESS BANK |
| Address | 1403 NORTH TUSTIN AVE, SUITE 280
SANTA ANA, CA 92705 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 5,565 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,278,214,000 |
| Average Mortgage Loan Amount Applied For | $170,451 |
| Highest Mortgage Loan Amount Applied For | $4,400,000 |
| Average Applicant Income | $72,646 |
| Highest Applicant Income | $1,500,000 |
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| Home Improvement |
36 | $8,957,000 |
$248,000 | $1,206,000 |
$72,000 | $300,000 |
| Home Purchase |
2,448 | $568,866,000 |
$232,000 | $4,000,000 |
$95,000 | $1,500,000 |
| Refinancing |
3,082 | $700,555,000 |
$227,000 | $4,400,000 |
$78,000 | $1,200,000 |
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| American Indian or Alaskan Native |
29 | $6,517,000 |
$224,000 | $581,000 |
$84,000 | $247,000 |
| Asian |
114 | $32,268,000 |
$283,000 | $1,360,000 |
$121,000 | $480,000 |
| Black or African American |
162 | $37,232,000 |
$229,000 | $850,000 |
$83,000 | $379,000 |
| Hispanic |
1,081 | $242,458,000 |
$224,000 | $1,900,000 |
$73,000 | $642,000 |
| Native Hawaiin or Other Pacific Islander |
38 | $9,326,000 |
$245,000 | $640,000 |
$108,000 | $357,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,124 | $216,921,000 |
$192,000 | $4,000,000 |
$71,000 | $840,000 |
| White |
3,018 | $733,656,000 |
$243,000 | $4,400,000 |
$94,000 | $1,500,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,153 | $1,206,296,000 |
$234,000 | $4,400,000 |
$88,000 | $1,500,000 |
| FHA-insured (Federal Housing Administration) |
362 | $61,047,000 |
$168,000 | $368,000 |
$57,000 | $202,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
51 | $11,035,000 |
$216,000 | $400,000 |
$65,000 | $138,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
493 | $99,170,000 |
$201,000 | $4,400,000 |
$80,000 | $1,200,000 |
| Application Withdrawn By Applicant |
1,754 | $411,502,000 |
$234,000 | $4,000,000 |
$91,000 | $1,500,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
3,319 | $767,706,000 |
$231,000 | $1,500,000 |
$83,000 | $935,000 |
| 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 GATEWAY BUSINESS BANK by:
Metropolitan Area And
County
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