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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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1199 SEIU FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
1199 SEIU FEDERAL CREDIT UNION |
| Address | 310 WEST 43RD STREET
NEW YORK, NY 10036 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 92 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $18,676,000 |
| Average Mortgage Loan Amount Applied For | $164,000 |
| Highest Mortgage Loan Amount Applied For | $800,000 |
| Average Applicant Income | $89,733 |
| Highest Applicant Income | $320,000 |
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| Home Improvement |
4 | $100,000 |
$25,000 | $40,000 |
$32,000 | $35,000 |
| Home Purchase |
30 | $9,633,000 |
$321,000 | $800,000 |
$68,000 | $320,000 |
| Refinancing |
58 | $8,943,000 |
$154,000 | $550,000 |
$65,000 | $175,000 |
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| American Indian or Alaskan Native |
1 | $40,000 |
$40,000 | $40,000 |
$80,000 | $80,000 |
| Asian |
3 | $785,000 |
$261,000 | $425,000 |
$107,000 | $175,000 |
| Black or African American |
64 | $13,467,000 |
$210,000 | $550,000 |
$61,000 | $320,000 |
| Hispanic |
19 | $2,779,000 |
$146,000 | $350,000 |
$67,000 | $140,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
5 | $1,605,000 |
$321,000 | $800,000 |
$78,000 | $119,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
92 | $18,676,000 |
$203,000 | $800,000 |
$65,000 | $320,000 |
| 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 |
7 | $1,869,000 |
$267,000 | $800,000 |
$88,000 | $136,000 |
| Application Denied By Financial Institution |
32 | $8,629,000 |
$269,000 | $550,000 |
$55,000 | $135,000 |
| Application Withdrawn By Applicant |
18 | $4,029,000 |
$223,000 | $475,000 |
$56,000 | $180,000 |
| File Closed For Incompleteness |
7 | $1,044,000 |
$149,000 | $499,000 |
$56,000 | $80,000 |
| Loan Originated |
28 | $3,105,000 |
$110,000 | $324,000 |
$79,000 | $320,000 |
| 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 |
3 | $410,000 |
$136,000 | $350,000 |
$55,000 | $102,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
24 | $7,409,000 |
$308,000 | $550,000 |
$58,000 | $135,000 |
| Debt-To-Income Ratio |
5 | $810,000 |
$162,000 | $440,000 |
$40,000 | $55,000 |
| 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 1199 SEIU FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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