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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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AAA FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
AAA FEDERAL CREDIT UNION |
| Address | 1112 BENDIX DR
SOUTH BEND, IN 46628 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 54 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,400,000 |
| Average Mortgage Loan Amount Applied For | $44,000 |
| Highest Mortgage Loan Amount Applied For | $173,000 |
| Average Applicant Income | $51,000 |
| Highest Applicant Income | $150,000 |
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| Home Improvement |
21 | $227,000 |
$10,000 | $90,000 |
$49,000 | $125,000 |
| Home Purchase |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing |
35 | $2,276,000 |
$65,000 | $173,000 |
$52,000 | $150,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $7,000 |
$7,000 | $7,000 |
$125,000 | $125,000 |
| Black or African American |
2 | $136,000 |
$68,000 | $132,000 |
$49,000 | $50,000 |
| Hispanic |
3 | $294,000 |
$98,000 | $121,000 |
$103,000 | $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 |
50 | $2,066,000 |
$41,000 | $173,000 |
$47,000 | $150,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
55 | $2,493,000 |
$45,000 | $173,000 |
$52,000 | $150,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $10,000 |
$10,000 | $10,000 |
$24,000 | $24,000 |
| 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 |
5 | $197,000 |
$39,000 | $173,000 |
$29,000 | $58,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
51 | $2,306,000 |
$45,000 | $132,000 |
$53,000 | $150,000 |
| 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 | $173,000 |
$173,000 | $173,000 |
$58,000 | $58,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $19,000 |
$6,000 | $10,000 |
$23,000 | $35,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 AAA FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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