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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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AIR FORCE FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
AIR FORCE FEDERAL CREDIT UNION |
| Address | 1560 CABLE RANCH ROAD #200
SAN ANTONIO, TX 78245 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 124 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $9,061,000 |
| Average Mortgage Loan Amount Applied For | $126,000 |
| Highest Mortgage Loan Amount Applied For | $411,000 |
| Average Applicant Income | $60,115 |
| Highest Applicant Income | $225,000 |
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| Home Improvement |
45 | $1,542,000 |
$34,000 | $80,000 |
$65,000 | $141,000 |
| Home Purchase |
46 | $5,124,000 |
$111,000 | $411,000 |
$59,000 | $155,000 |
| Refinancing |
41 | $3,199,000 |
$78,000 | $274,000 |
$68,000 | $225,000 |
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| American Indian or Alaskan Native |
1 | $246,000 |
$246,000 | $246,000 |
$103,000 | $103,000 |
| Asian |
3 | $230,000 |
$76,000 | $105,000 |
$36,000 | $47,000 |
| Black or African American |
19 | $1,570,000 |
$82,000 | $274,000 |
$86,000 | $225,000 |
| Hispanic |
52 | $2,893,000 |
$55,000 | $184,000 |
$54,000 | $132,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
9 | $1,178,000 |
$130,000 | $213,000 |
$53,000 | $92,000 |
| White |
48 | $3,748,000 |
$78,000 | $411,000 |
$68,000 | $155,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
118 | $8,087,000 |
$68,000 | $411,000 |
$64,000 | $225,000 |
| 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) |
14 | $1,778,000 |
$127,000 | $195,000 |
$57,000 | $96,000 |
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| Application Approved But Not Accepted |
5 | $540,000 |
$108,000 | $200,000 |
$108,000 | $225,000 |
| Application Denied By Financial Institution |
11 | $585,000 |
$53,000 | $110,000 |
$47,000 | $101,000 |
| Application Withdrawn By Applicant |
14 | $1,491,000 |
$106,000 | $411,000 |
$55,000 | $117,000 |
| File Closed For Incompleteness |
2 | $16,000 |
$8,000 | $15,000 |
$24,000 | $48,000 |
| Loan Originated |
100 | $7,233,000 |
$72,000 | $274,000 |
$65,000 | $141,000 |
| 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 |
8 | $428,000 |
$53,000 | $110,000 |
$48,000 | $66,000 |
| Debt-To-Income Ratio |
2 | $65,000 |
$32,000 | $57,000 |
$17,000 | $22,000 |
| 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 | $92,000 |
$92,000 | $92,000 |
$101,000 | $101,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AIR FORCE FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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