|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
ACIPCO FEDERAL CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
ACIPCO FEDERAL CREDIT UNION |
| Address | 1501 31ST AVE NORTH
BIRMINGHAM, AL 35207 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 129 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $12,668,000 |
| Average Mortgage Loan Amount Applied For | $125,272 |
| Highest Mortgage Loan Amount Applied For | $579,000 |
| Average Applicant Income | $82,909 |
| Highest Applicant Income | $300,000 |
|
|
|
| Home Improvement |
51 | $1,421,000 |
$27,000 | $64,000 |
$74,000 | $195,000 |
| Home Purchase |
31 | $4,135,000 |
$133,000 | $250,000 |
$63,000 | $210,000 |
| Refinancing |
47 | $7,112,000 |
$151,000 | $579,000 |
$72,000 | $300,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
15 | $1,341,000 |
$89,000 | $253,000 |
$60,000 | $104,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
114 | $11,327,000 |
$99,000 | $579,000 |
$72,000 | $300,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
129 | $12,668,000 |
$98,000 | $579,000 |
$71,000 | $300,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
23 | $2,885,000 |
$125,000 | $250,000 |
$52,000 | $90,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
106 | $9,783,000 |
$92,000 | $579,000 |
$75,000 | $300,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
12 | $1,565,000 |
$130,000 | $220,000 |
$53,000 | $90,000 |
| Debt-To-Income Ratio |
10 | $1,220,000 |
$122,000 | $250,000 |
$49,000 | $70,000 |
| 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 |
|
Mortgage Loan App Totals for ACIPCO FEDERAL CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
