|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
GATEWAY SAVINGS BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
GATEWAY SAVINGS BANK |
| Address | 911 N ANKENY BVLD
ANKENY, IA 50021 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 76 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,964,000 |
| Average Mortgage Loan Amount Applied For | $159,428 |
| Highest Mortgage Loan Amount Applied For | $482,000 |
| Average Applicant Income | $74,714 |
| Highest Applicant Income | $350,000 |
|
|
|
| Home Improvement |
6 | $198,000 |
$33,000 | $97,000 |
$87,000 | $100,000 |
| Home Purchase |
69 | $10,005,000 |
$209,000 | $482,000 |
$92,000 | $350,000 |
| Refinancing |
19 | $2,011,000 |
$78,500 | $382,000 |
$28,500 | $250,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $249,000 |
$249,000 | $249,000 |
$65,000 | $65,000 |
| Black or African American |
1 | $80,000 |
$80,000 | $80,000 |
$69,000 | $69,000 |
| Hispanic |
1 | $232,000 |
$232,000 | $232,000 |
$90,000 | $90,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
8 | $1,305,000 |
$163,000 | $400,000 |
$33,000 | $128,000 |
| White |
83 | $10,348,000 |
$209,000 | $482,000 |
$93,666 | $350,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
94 | $12,214,000 |
$202,333 | $482,000 |
$88,666 | $350,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
6 | $1,202,000 |
$200,000 | $305,000 |
$86,000 | $122,000 |
| Application Denied By Financial Institution |
2 | $162,000 |
$81,000 | $139,000 |
$43,000 | $52,000 |
| Application Withdrawn By Applicant |
11 | $2,349,000 |
$218,000 | $482,000 |
$80,000 | $132,000 |
| File Closed For Incompleteness |
1 | $112,000 |
$112,000 | $112,000 |
$24,000 | $24,000 |
| Loan Originated |
64 | $6,591,000 |
$153,333 | $382,000 |
$71,000 | $350,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
5 | $1,240,000 |
$248,000 | $420,000 |
$82,000 | $157,000 |
| Preapproval Denied by Financial Institution |
5 | $558,000 |
$111,000 | $165,000 |
$44,000 | $69,000 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $679,000 |
$137,000 | $165,000 |
$53,500 | $69,000 |
| Debt-To-Income Ratio |
2 | $41,000 |
$20,500 | $23,000 |
$28,500 | $35,000 |
| 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 |
|
Mortgage Loan App Totals for GATEWAY SAVINGS BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
