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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 MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
GATEWAY MORTGAGE CORPORATION |
| Address | 1202 60TH ST P.O BOX 10
KENOSHA, WI 53141 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 174 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $26,343,000 |
| Average Mortgage Loan Amount Applied For | $146,900 |
| Highest Mortgage Loan Amount Applied For | $435,000 |
| Average Applicant Income | $71,000 |
| Highest Applicant Income | $223,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
62 | $10,049,000 |
$162,000 | $417,000 |
$82,000 | $223,000 |
| Refinancing |
112 | $16,294,000 |
$145,000 | $435,000 |
$68,000 | $160,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $170,000 |
$170,000 | $170,000 |
$43,000 | $43,000 |
| Hispanic |
6 | $605,000 |
$100,000 | $135,000 |
$71,000 | $147,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $167,000 |
$83,000 | $142,000 |
$33,000 | $66,000 |
| White |
165 | $25,401,000 |
$153,000 | $435,000 |
$74,000 | $223,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
163 | $24,685,000 |
$151,000 | $435,000 |
$74,000 | $223,000 |
| FHA-insured (Federal Housing Administration) |
7 | $1,026,000 |
$146,000 | $209,000 |
$63,000 | $81,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $632,000 |
$158,000 | $186,000 |
$69,000 | $126,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
2 | $260,000 |
$130,000 | $135,000 |
$62,000 | $80,000 |
| Application Withdrawn By Applicant |
9 | $1,221,000 |
$135,000 | $417,000 |
$50,000 | $72,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
163 | $24,862,000 |
$152,000 | $435,000 |
$75,000 | $223,000 |
| 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 |
1 | $125,000 |
$125,000 | $125,000 |
$45,000 | $45,000 |
| 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 |
1 | $135,000 |
$135,000 | $135,000 |
$80,000 | $80,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for GATEWAY MORTGAGE CORPORATION by:
Metropolitan Area And
County
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