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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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GREATER ATLANTIC BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
GREATER ATLANTIC BANK |
| Address | 10700 PARKRIDGE BOULEVARD, SUITE P50
RESTON, VA 20191 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 40 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,914,000 |
| Average Mortgage Loan Amount Applied For | $237,000 |
| Highest Mortgage Loan Amount Applied For | $656,000 |
| Average Applicant Income | $125,052 |
| Highest Applicant Income | $733,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
15 | $3,163,000 |
$210,000 | $656,000 |
$164,000 | $733,000 |
| Refinancing |
29 | $5,605,000 |
$193,000 | $417,000 |
$78,000 | $272,000 |
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| American Indian or Alaskan Native |
1 | $171,000 |
$171,000 | $171,000 |
$60,000 | $60,000 |
| Asian |
2 | $315,000 |
$157,000 | $200,000 |
$93,000 | $107,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
10 | $1,975,000 |
$197,000 | $524,000 |
$151,000 | $733,000 |
| White |
31 | $6,307,000 |
$203,000 | $656,000 |
$96,000 | $380,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
44 | $8,768,000 |
$199,000 | $656,000 |
$108,000 | $733,000 |
| 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 |
3 | $1,111,000 |
$370,000 | $524,000 |
$399,000 | $733,000 |
| Application Denied By Financial Institution |
4 | $683,000 |
$170,000 | $218,000 |
$68,000 | $107,000 |
| Application Withdrawn By Applicant |
9 | $1,870,000 |
$207,000 | $415,000 |
$68,000 | $150,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
25 | $4,563,000 |
$182,000 | $656,000 |
$100,000 | $299,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
3 | $541,000 |
$180,000 | $190,000 |
$52,000 | $60,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
1 | $137,000 |
$137,000 | $137,000 |
$42,000 | $42,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $346,000 |
$173,000 | $218,000 |
$61,000 | $63,000 |
| Debt-To-Income Ratio |
1 | $200,000 |
$200,000 | $200,000 |
$107,000 | $107,000 |
| 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 GREATER ATLANTIC BANK by:
Metropolitan Area And
County
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