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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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GIBRALTAR SAVINGS BANK, FSB
Mortgage Loans and Application Details
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| Mortgage Company Name |
GIBRALTAR SAVINGS BANK, FSB |
| Address | 1039 SOUTH ORANGE AVE.
NEWARK, NJ 07106 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 81 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,729,000 |
| Average Mortgage Loan Amount Applied For | $87,750 |
| Highest Mortgage Loan Amount Applied For | $300,000 |
| Average Applicant Income | $116,416 |
| Highest Applicant Income | $635,000 |
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| Home Improvement |
39 | $3,266,000 |
$83,000 | $300,000 |
$123,000 | $635,000 |
| Home Purchase |
4 | $535,000 |
$133,000 | $250,000 |
$81,000 | $123,000 |
| Refinancing |
38 | $2,928,000 |
$77,000 | $200,000 |
$106,000 | $271,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $100,000 |
$100,000 | $100,000 |
$118,000 | $118,000 |
| Black or African American |
7 | $348,000 |
$49,000 | $100,000 |
$82,000 | $136,000 |
| Hispanic |
10 | $782,000 |
$78,000 | $200,000 |
$105,000 | $193,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3 | $140,000 |
$46,000 | $80,000 |
$152,000 | $204,000 |
| White |
60 | $5,359,000 |
$89,000 | $300,000 |
$115,000 | $635,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
81 | $6,729,000 |
$83,000 | $300,000 |
$113,000 | $635,000 |
| 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 |
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| Application Approved But Not Accepted |
8 | $886,000 |
$110,000 | $200,000 |
$114,000 | $196,000 |
| Application Denied By Financial Institution |
8 | $680,000 |
$85,000 | $300,000 |
$71,000 | $142,000 |
| Application Withdrawn By Applicant |
3 | $465,000 |
$155,000 | $250,000 |
$100,000 | $123,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
62 | $4,698,000 |
$75,000 | $250,000 |
$118,000 | $635,000 |
| 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 |
2 | $180,000 |
$90,000 | $100,000 |
$96,000 | $142,000 |
| Debt-To-Income Ratio |
6 | $500,000 |
$83,000 | $300,000 |
$63,000 | $124,000 |
| 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 |
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Mortgage Loan App Totals for GIBRALTAR SAVINGS BANK, FSB by:
Metropolitan Area And
County
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