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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+ FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
A+ FEDERAL CREDIT UNION |
| Address | 6420 HWY 290 EAST
AUSTIN, TX 78723-1030 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 393 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $22,100,000 |
| Average Mortgage Loan Amount Applied For | $51,277 |
| Highest Mortgage Loan Amount Applied For | $420,000 |
| Average Applicant Income | $77,611 |
| Highest Applicant Income | $258,000 |
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| Home Improvement |
173 | $4,959,000 |
$28,000 | $115,000 |
$77,000 | $241,000 |
| Home Purchase |
57 | $6,370,000 |
$111,000 | $332,000 |
$77,000 | $196,000 |
| Refinancing |
164 | $10,831,000 |
$66,000 | $420,000 |
$82,000 | $258,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
5 | $533,000 |
$106,000 | $156,000 |
$55,000 | $98,000 |
| Black or African American |
10 | $491,000 |
$49,000 | $120,000 |
$58,000 | $153,000 |
| Hispanic |
60 | $2,798,000 |
$46,000 | $156,000 |
$67,000 | $156,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
5 | $443,000 |
$88,000 | $171,000 |
$103,000 | $196,000 |
| White |
314 | $17,895,000 |
$56,000 | $420,000 |
$82,000 | $258,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
393 | $22,120,000 |
$56,000 | $420,000 |
$79,000 | $258,000 |
| FHA-insured (Federal Housing Administration) |
1 | $40,000 |
$40,000 | $40,000 |
$67,000 | $67,000 |
| 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 |
1 | $20,000 |
$20,000 | $20,000 |
$54,000 | $54,000 |
| Application Denied By Financial Institution |
60 | $2,846,000 |
$47,000 | $196,000 |
$54,000 | $216,000 |
| Application Withdrawn By Applicant |
92 | $3,895,000 |
$42,000 | $148,000 |
$84,000 | $252,000 |
| File Closed For Incompleteness |
3 | $346,000 |
$115,000 | $156,000 |
$95,000 | $119,000 |
| Loan Originated |
238 | $15,053,000 |
$63,000 | $420,000 |
$83,000 | $258,000 |
| 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 | $31,000 |
$10,000 | $20,000 |
$61,000 | $102,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
39 | $1,793,000 |
$45,000 | $196,000 |
$56,000 | $131,000 |
| Debt-To-Income Ratio |
4 | $271,000 |
$67,000 | $120,000 |
$51,000 | $91,000 |
| Employment History |
1 | $20,000 |
$20,000 | $20,000 |
$42,000 | $42,000 |
| 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 |
1 | $90,000 |
$90,000 | $90,000 |
$47,000 | $47,000 |
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Mortgage Loan App Totals for A+ FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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