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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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ALLEGIANCE CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
ALLEGIANCE CREDIT UNION |
| Address | 4235 N. MERIDIAN
OKLAHOMA CITY, OK 73112 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 240 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $19,919,000 |
| Average Mortgage Loan Amount Applied For | $83,937 |
| Highest Mortgage Loan Amount Applied For | $800,000 |
| Average Applicant Income | $95,000 |
| Highest Applicant Income | $530,000 |
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| Home Improvement |
35 | $960,000 |
$27,000 | $74,000 |
$72,000 | $147,000 |
| Home Purchase |
141 | $17,323,000 |
$122,000 | $800,000 |
$78,000 | $530,000 |
| Refinancing |
136 | $10,029,000 |
$73,000 | $350,000 |
$73,000 | $420,000 |
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| American Indian or Alaskan Native |
19 | $1,387,000 |
$73,000 | $200,000 |
$60,000 | $139,000 |
| Asian |
4 | $256,000 |
$64,000 | $109,000 |
$59,000 | $109,000 |
| Black or African American |
18 | $1,629,000 |
$90,000 | $255,000 |
$64,000 | $138,000 |
| Hispanic |
13 | $1,088,000 |
$83,000 | $144,000 |
$62,000 | $160,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $130,000 |
$130,000 | $130,000 |
$50,000 | $50,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
257 | $23,822,000 |
$92,000 | $800,000 |
$78,000 | $530,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
312 | $28,312,000 |
$90,000 | $800,000 |
$75,000 | $530,000 |
| 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 |
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| Application Approved But Not Accepted |
47 | $5,296,000 |
$112,000 | $280,000 |
$59,000 | $138,000 |
| Application Denied By Financial Institution |
56 | $5,691,000 |
$101,000 | $800,000 |
$67,000 | $530,000 |
| Application Withdrawn By Applicant |
27 | $3,109,000 |
$115,000 | $360,000 |
$81,000 | $215,000 |
| File Closed For Incompleteness |
1 | $100,000 |
$100,000 | $100,000 |
$66,000 | $66,000 |
| Loan Originated |
180 | $13,924,000 |
$77,000 | $388,000 |
$81,000 | $420,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $192,000 |
$192,000 | $192,000 |
$40,000 | $40,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
6 | $492,000 |
$82,000 | $160,000 |
$60,000 | $80,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
31 | $2,783,000 |
$89,000 | $222,000 |
$47,000 | $138,000 |
| Debt-To-Income Ratio |
11 | $913,000 |
$83,000 | $215,000 |
$45,000 | $72,000 |
| Employment History |
1 | $116,000 |
$116,000 | $116,000 |
$240,000 | $240,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $979,000 |
$244,000 | $800,000 |
$278,000 | $530,000 |
| Unverifiable Information |
3 | $408,000 |
$136,000 | $163,000 |
$39,000 | $48,000 |
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Mortgage Loan App Totals for ALLEGIANCE CREDIT UNION by:
Metropolitan Area And
County
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