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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 WESTERN BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
GREAT WESTERN BANK |
| Address | 111 N MAIN ST LEON, IA 50144 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 127 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $9,781,000 |
| Average Mortgage Loan Amount Applied For | $81,600 |
| Highest Mortgage Loan Amount Applied For | $385,000 |
| Average Applicant Income | $77,000 |
| Highest Applicant Income | $331,000 |
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| Home Improvement |
170 | $3,213,000 |
$18,000 | $250,000 |
$56,000 | $600,000 |
| Home Purchase |
302 | $21,405,000 |
$70,000 | $1,395,000 |
$55,000 | $900,000 |
| Refinancing |
246 | $19,748,000 |
$80,000 | $842,000 |
$77,000 | $1,661,000 |
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| American Indian or Alaskan Native |
3 | $139,000 |
$46,000 | $67,000 |
$38,000 | $56,000 |
| Asian |
2 | $85,000 |
$42,000 | $44,000 |
$76,000 | $111,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
17 | $572,000 |
$33,000 | $122,000 |
$39,000 | $142,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $30,000 |
$30,000 | $30,000 |
$42,000 | $42,000 |
| Not applicable |
27 | $2,819,000 |
$104,000 | $307,000 |
$0 | $0 |
| Not Provided |
36 | $2,347,000 |
$65,000 | $300,000 |
$59,000 | $543,000 |
| White |
632 | $38,374,000 |
$60,000 | $1,395,000 |
$67,000 | $1,661,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
707 | $43,247,000 |
$61,000 | $1,395,000 |
$63,000 | $1,661,000 |
| FHA-insured (Federal Housing Administration) |
3 | $333,000 |
$111,000 | $145,000 |
$60,000 | $77,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3 | $301,000 |
$100,000 | $218,000 |
$71,000 | $164,000 |
| VA-guaranteed (Veterans Administration) |
5 | $485,000 |
$97,000 | $180,000 |
$49,000 | $56,000 |
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| Application Approved But Not Accepted |
17 | $677,000 |
$39,000 | $127,000 |
$40,000 | $120,000 |
| Application Denied By Financial Institution |
153 | $7,516,000 |
$49,000 | $400,000 |
$35,000 | $116,000 |
| Application Withdrawn By Applicant |
66 | $5,180,000 |
$78,000 | $242,000 |
$62,000 | $543,000 |
| File Closed For Incompleteness |
4 | $201,000 |
$50,000 | $149,000 |
$39,000 | $75,000 |
| Loan Originated |
472 | $30,624,000 |
$64,000 | $1,395,000 |
$74,000 | $1,661,000 |
| 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 |
6 | $168,000 |
$28,000 | $70,000 |
$15,000 | $24,000 |
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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 GREAT WESTERN BANK by:
Metropolitan Area And
County
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