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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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A-B CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
A-B CREDIT UNION |
| Address | 225 W GREENFIELD AVE
MILWAUKEE, WI 53204 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 242 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,176,000 |
| Average Mortgage Loan Amount Applied For | $37,727 |
| Highest Mortgage Loan Amount Applied For | $154,000 |
| Average Applicant Income | $79,909 |
| Highest Applicant Income | $282,000 |
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| Home Improvement |
63 | $1,663,000 |
$26,000 | $154,000 |
$69,000 | $211,000 |
| Home Purchase |
139 | $4,929,000 |
$35,000 | $117,000 |
$72,000 | $181,000 |
| Refinancing |
40 | $1,584,000 |
$39,000 | $113,000 |
$84,000 | $282,000 |
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| American Indian or Alaskan Native |
2 | $43,000 |
$21,000 | $28,000 |
$79,000 | $82,000 |
| Asian |
3 | $24,000 |
$8,000 | $10,000 |
$50,000 | $60,000 |
| Black or African American |
4 | $72,000 |
$18,000 | $38,000 |
$62,000 | $80,000 |
| Hispanic |
8 | $316,000 |
$39,000 | $113,000 |
$56,000 | $87,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $41,000 |
$41,000 | $41,000 |
$53,000 | $53,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
224 | $7,680,000 |
$34,000 | $154,000 |
$74,000 | $282,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
242 | $8,176,000 |
$33,000 | $154,000 |
$73,000 | $282,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
6 | $287,000 |
$47,000 | $100,000 |
$49,000 | $91,000 |
| Application Withdrawn By Applicant |
8 | $323,000 |
$40,000 | $96,000 |
$72,000 | $117,000 |
| File Closed For Incompleteness |
2 | $44,000 |
$22,000 | $25,000 |
$55,000 | $61,000 |
| Loan Originated |
226 | $7,522,000 |
$33,000 | $154,000 |
$74,000 | $282,000 |
| 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 |
1 | $8,000 |
$8,000 | $8,000 |
$39,000 | $39,000 |
| Debt-To-Income Ratio |
3 | $110,000 |
$36,000 | $62,000 |
$48,000 | $58,000 |
| 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 |
1 | $100,000 |
$100,000 | $100,000 |
$91,000 | $91,000 |
| Unverifiable Information |
1 | $69,000 |
$69,000 | $69,000 |
$24,000 | $24,000 |
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Mortgage Loan App Totals for A-B CREDIT UNION by:
Metropolitan Area And
County
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