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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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1ST ADVANTAGE FEDERAL CREDIT U
Mortgage Loans and Application Details
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| Mortgage Company Name |
1ST ADVANTAGE FEDERAL CREDIT U |
| Address | 110 CYBERNETICS WAY
YORKTOWN, VA 23693 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 903 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $97,865,000 |
| Average Mortgage Loan Amount Applied For | $117,490 |
| Highest Mortgage Loan Amount Applied For | $724,000 |
| Average Applicant Income | $68,981 |
| Highest Applicant Income | $475,000 |
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| Home Improvement |
185 | $15,142,000 |
$81,000 | $378,000 |
$64,000 | $255,000 |
| Home Purchase |
497 | $78,913,000 |
$158,000 | $800,000 |
$62,000 | $480,000 |
| Refinancing |
562 | $56,755,000 |
$100,000 | $505,000 |
$65,000 | $250,000 |
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| American Indian or Alaskan Native |
5 | $757,000 |
$151,000 | $299,000 |
$62,000 | $103,000 |
| Asian |
19 | $2,452,000 |
$129,000 | $259,000 |
$74,000 | $186,000 |
| Black or African American |
458 | $51,624,000 |
$112,000 | $486,000 |
$56,000 | $191,000 |
| Hispanic |
55 | $5,854,000 |
$106,000 | $389,000 |
$53,000 | $139,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $745,000 |
$149,000 | $235,000 |
$62,000 | $88,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
41 | $5,724,000 |
$139,000 | $410,000 |
$67,000 | $195,000 |
| White |
661 | $83,654,000 |
$126,000 | $800,000 |
$69,000 | $480,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,137 | $131,708,000 |
$115,000 | $800,000 |
$64,000 | $480,000 |
| FHA-insured (Federal Housing Administration) |
19 | $2,916,000 |
$153,000 | $271,000 |
$46,000 | $87,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $25,000 |
$25,000 | $25,000 |
$65,000 | $65,000 |
| VA-guaranteed (Veterans Administration) |
87 | $16,161,000 |
$185,000 | $417,000 |
$59,000 | $144,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
181 | $23,360,000 |
$129,000 | $486,000 |
$48,000 | $182,000 |
| Application Withdrawn By Applicant |
420 | $59,071,000 |
$140,000 | $800,000 |
$62,000 | $480,000 |
| File Closed For Incompleteness |
1 | $80,000 |
$80,000 | $80,000 |
$36,000 | $36,000 |
| Loan Originated |
642 | $68,299,000 |
$106,000 | $724,000 |
$69,000 | $475,000 |
| 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 |
1 | $250,000 |
$250,000 | $250,000 |
$65,000 | $65,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
30 | $3,517,000 |
$117,000 | $246,000 |
$50,000 | $124,000 |
| Debt-To-Income Ratio |
29 | $4,241,000 |
$146,000 | $486,000 |
$41,000 | $113,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $100,000 |
$50,000 | $71,000 |
$45,000 | $69,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $292,000 |
$292,000 | $292,000 |
$92,000 | $92,000 |
| Unverifiable Information |
1 | $226,000 |
$226,000 | $226,000 |
$74,000 | $74,000 |
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Mortgage Loan App Totals for 1ST ADVANTAGE FEDERAL CREDIT U by:
Metropolitan Area And
County
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