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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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ALTERNATIVES FEDERAL CREDIT UN
Mortgage Loans and Application Details
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| Mortgage Company Name |
ALTERNATIVES FEDERAL CREDIT UN |
| Address | 125 N. FULTON ST.
ITHACA, NY 14850 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 35 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,058,000 |
| Average Mortgage Loan Amount Applied For | $66,333 |
| Highest Mortgage Loan Amount Applied For | $175,000 |
| Average Applicant Income | $47,833 |
| Highest Applicant Income | $281,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
20 | $1,788,000 |
$89,000 | $175,000 |
$60,000 | $115,000 |
| Refinancing |
15 | $1,270,000 |
$84,000 | $153,000 |
$83,000 | $281,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
2 | $243,000 |
$121,000 | $135,000 |
$43,000 | $49,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
32 | $2,735,000 |
$85,000 | $175,000 |
$70,000 | $281,000 |
| White |
1 | $80,000 |
$80,000 | $80,000 |
$106,000 | $106,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
35 | $3,058,000 |
$87,000 | $175,000 |
$70,000 | $281,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
2 | $120,000 |
$60,000 | $100,000 |
$49,000 | $56,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
33 | $2,938,000 |
$89,000 | $175,000 |
$71,000 | $281,000 |
| 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 | $20,000 |
$20,000 | $20,000 |
$42,000 | $42,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $100,000 |
$100,000 | $100,000 |
$56,000 | $56,000 |
| 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 ALTERNATIVES FEDERAL CREDIT UN by:
Metropolitan Area And
County
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