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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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GUARANTEE STATE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
GUARANTEE STATE BANK |
| Address | PO BOX 6250
LAWTON, OK 73506 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 102 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,879,000 |
| Average Mortgage Loan Amount Applied For | $53,800 |
| Highest Mortgage Loan Amount Applied For | $360,000 |
| Average Applicant Income | $108,100 |
| Highest Applicant Income | $655,000 |
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| Home Improvement |
14 | $259,000 |
$18,000 | $51,000 |
$70,000 | $168,000 |
| Home Purchase |
57 | $3,632,000 |
$63,000 | $360,000 |
$61,000 | $140,000 |
| Refinancing |
35 | $1,346,000 |
$38,000 | $135,000 |
$73,000 | $655,000 |
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| American Indian or Alaskan Native |
5 | $246,000 |
$49,000 | $88,000 |
$192,000 | $655,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
7 | $697,000 |
$99,000 | $360,000 |
$58,000 | $119,000 |
| Hispanic |
6 | $148,000 |
$24,000 | $42,000 |
$50,000 | $84,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $36,000 |
$36,000 | $36,000 |
$92,000 | $92,000 |
| Not Provided |
2 | $168,000 |
$84,000 | $100,000 |
$70,000 | $87,000 |
| White |
85 | $3,942,000 |
$46,000 | $225,000 |
$61,000 | $150,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
106 | $5,237,000 |
$49,000 | $360,000 |
$66,000 | $655,000 |
| 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 |
9 | $791,000 |
$87,000 | $190,000 |
$46,000 | $93,000 |
| Application Denied By Financial Institution |
11 | $808,000 |
$73,000 | $360,000 |
$53,000 | $119,000 |
| Application Withdrawn By Applicant |
3 | $320,000 |
$106,000 | $200,000 |
$39,000 | $70,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
81 | $3,272,000 |
$40,000 | $225,000 |
$72,000 | $655,000 |
| 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 |
2 | $46,000 |
$23,000 | $30,000 |
$56,000 | $70,000 |
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| Collateral |
1 | $88,000 |
$88,000 | $88,000 |
$78,000 | $78,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $300,000 |
$42,000 | $100,000 |
$55,000 | $87,000 |
| Debt-To-Income Ratio |
2 | $368,000 |
$184,000 | $360,000 |
$71,000 | $119,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $68,000 |
$34,000 | $51,000 |
$26,000 | $42,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $30,000 |
$30,000 | $30,000 |
$42,000 | $42,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for GUARANTEE STATE BANK by:
Metropolitan Area And
County
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