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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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GREAT LAKES BANK, N.A.
Mortgage Loans and Application Details
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| Mortgage Company Name |
GREAT LAKES BANK, N.A. |
| Address | 13057 S. WESTERN AVENUE
BLUE ISLAND, IL 60406 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 574 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $75,112,000 |
| Average Mortgage Loan Amount Applied For | $203,142 |
| Highest Mortgage Loan Amount Applied For | $1,220,000 |
| Average Applicant Income | $185,000 |
| Highest Applicant Income | $1,580,000 |
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| Home Improvement |
140 | $6,355,000 |
$45,000 | $340,000 |
$74,000 | $226,000 |
| Home Purchase |
128 | $20,501,000 |
$160,000 | $1,220,000 |
$94,000 | $418,000 |
| Refinancing |
309 | $48,259,000 |
$156,000 | $850,000 |
$96,000 | $1,580,000 |
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| American Indian or Alaskan Native |
2 | $65,000 |
$32,000 | $55,000 |
$53,000 | $70,000 |
| Asian |
11 | $2,618,000 |
$238,000 | $504,000 |
$137,000 | $359,000 |
| Black or African American |
75 | $8,591,000 |
$114,000 | $612,000 |
$65,000 | $234,000 |
| Hispanic |
32 | $3,304,000 |
$103,000 | $356,000 |
$68,000 | $165,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
16 | $3,882,000 |
$242,000 | $1,220,000 |
$0 | $0 |
| Not Provided |
23 | $1,769,000 |
$76,000 | $350,000 |
$83,000 | $499,000 |
| White |
418 | $54,886,000 |
$131,000 | $850,000 |
$99,000 | $1,580,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
577 | $75,115,000 |
$130,000 | $1,220,000 |
$90,000 | $1,580,000 |
| 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 |
12 | $1,458,000 |
$121,000 | $280,000 |
$73,000 | $124,000 |
| Application Denied By Financial Institution |
64 | $5,543,000 |
$86,000 | $504,000 |
$58,000 | $243,000 |
| Application Withdrawn By Applicant |
9 | $980,000 |
$108,000 | $300,000 |
$225,000 | $1,580,000 |
| File Closed For Incompleteness |
1 | $167,000 |
$167,000 | $167,000 |
$52,000 | $52,000 |
| Loan Originated |
488 | $66,964,000 |
$137,000 | $1,220,000 |
$92,000 | $865,000 |
| 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 |
3 | $3,000 |
$1,000 | $1,000 |
$65,000 | $88,000 |
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| Collateral |
4 | $708,000 |
$177,000 | $253,000 |
$70,000 | $85,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
24 | $1,309,000 |
$54,000 | $504,000 |
$65,000 | $243,000 |
| Debt-To-Income Ratio |
36 | $3,155,000 |
$87,000 | $350,000 |
$52,000 | $152,000 |
| 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 |
1 | $356,000 |
$356,000 | $356,000 |
$143,000 | $143,000 |
| Unverifiable Information |
2 | $18,000 |
$9,000 | $17,000 |
$34,000 | $69,000 |
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Mortgage Loan App Totals for GREAT LAKES BANK, N.A. by:
Metropolitan Area And
County
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