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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 COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
GREATER COMMUNITY BANK |
| Address | 55 UNION BLVD.
TOTOWA, NJ 07512 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 255 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $41,544,000 |
| Average Mortgage Loan Amount Applied For | $207,105 |
| Highest Mortgage Loan Amount Applied For | $1,500,000 |
| Average Applicant Income | $174,421 |
| Highest Applicant Income | $3,055,000 |
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| Home Improvement |
34 | $2,878,000 |
$84,000 | $350,000 |
$117,000 | $452,000 |
| Home Purchase |
45 | $13,194,000 |
$293,000 | $800,000 |
$189,000 | $1,148,000 |
| Refinancing |
176 | $25,472,000 |
$144,000 | $1,500,000 |
$132,000 | $3,055,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
8 | $1,050,000 |
$131,000 | $343,000 |
$115,000 | $154,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
9 | $994,000 |
$110,000 | $236,000 |
$82,000 | $150,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
71 | $7,880,000 |
$110,000 | $800,000 |
$133,000 | $1,148,000 |
| White |
167 | $31,620,000 |
$189,000 | $1,500,000 |
$147,000 | $3,055,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
255 | $41,544,000 |
$162,000 | $1,500,000 |
$140,000 | $3,055,000 |
| 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 |
15 | $1,984,000 |
$132,000 | $343,000 |
$89,000 | $205,000 |
| Application Denied By Financial Institution |
17 | $1,348,000 |
$79,000 | $249,000 |
$91,000 | $293,000 |
| Application Withdrawn By Applicant |
20 | $3,000,000 |
$150,000 | $512,000 |
$101,000 | $270,000 |
| File Closed For Incompleteness |
7 | $854,000 |
$122,000 | $252,000 |
$88,000 | $144,000 |
| Loan Originated |
196 | $34,358,000 |
$175,000 | $1,500,000 |
$154,000 | $3,055,000 |
| 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 |
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 GREATER COMMUNITY BANK by:
Metropolitan Area And
County
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