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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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ADVANTAGE CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
ADVANTAGE CREDIT UNION |
| Address | PO BOX 309
ONALASKA, WI 54650 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 856 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $76,647,000 |
| Average Mortgage Loan Amount Applied For | $124,581 |
| Highest Mortgage Loan Amount Applied For | $18,000,000 |
| Average Applicant Income | $63,790 |
| Highest Applicant Income | $385,000 |
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| Home Improvement |
44 | $1,925,000 |
$43,000 | $250,000 |
$72,000 | $293,000 |
| Home Purchase |
184 | $21,120,000 |
$114,000 | $406,000 |
$58,000 | $360,000 |
| Refinancing |
672 | $58,261,000 |
$86,000 | $18,000,000 |
$64,000 | $385,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $254,000 |
$84,000 | $137,000 |
$38,000 | $47,000 |
| Black or African American |
3 | $63,000 |
$21,000 | $39,000 |
$98,000 | $115,000 |
| Hispanic |
3 | $224,000 |
$74,000 | $125,000 |
$54,000 | $80,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
6 | $510,000 |
$85,000 | $152,000 |
$61,000 | $89,000 |
| White |
885 | $80,255,000 |
$90,000 | $18,000,000 |
$63,000 | $385,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
898 | $81,183,000 |
$90,000 | $18,000,000 |
$63,000 | $385,000 |
| 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) |
2 | $123,000 |
$61,000 | $86,000 |
$111,000 | $190,000 |
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| Application Approved But Not Accepted |
15 | $1,639,000 |
$109,000 | $213,000 |
$44,000 | $82,000 |
| Application Denied By Financial Institution |
54 | $4,962,000 |
$91,000 | $302,000 |
$53,000 | $165,000 |
| Application Withdrawn By Applicant |
28 | $2,889,000 |
$103,000 | $350,000 |
$65,000 | $220,000 |
| File Closed For Incompleteness |
1 | $130,000 |
$130,000 | $130,000 |
$59,000 | $59,000 |
| Loan Originated |
802 | $71,686,000 |
$89,000 | $18,000,000 |
$64,000 | $385,000 |
| 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 | $50,000 |
$50,000 | $50,000 |
$37,000 | $37,000 |
| Debt-To-Income Ratio |
1 | $59,000 |
$59,000 | $59,000 |
$73,000 | $73,000 |
| 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 | $117,000 |
$117,000 | $117,000 |
$60,000 | $60,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for ADVANTAGE CREDIT UNION by:
Metropolitan Area And
County
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