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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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AMERICA FIRST CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICA FIRST CREDIT UNION |
| Address | 4646 S. 1500 W. SUITE 140
RIVERDALE, UT 84405 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 5,548 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $513,597,000 |
| Average Mortgage Loan Amount Applied For | $87,052 |
| Highest Mortgage Loan Amount Applied For | $1,200,000 |
| Average Applicant Income | $69,894 |
| Highest Applicant Income | $1,104,000 |
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| Home Improvement |
1,529 | $45,987,000 |
$30,000 | $360,000 |
$70,000 | $500,000 |
| Home Purchase |
2,073 | $321,744,000 |
$155,000 | $15,000,000 |
$50,000 | $454,000 |
| Refinancing |
2,719 | $278,446,000 |
$102,000 | $1,200,000 |
$65,000 | $1,104,000 |
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| American Indian or Alaskan Native |
12 | $1,483,000 |
$123,000 | $368,000 |
$67,000 | $189,000 |
| Asian |
106 | $13,549,000 |
$127,000 | $370,000 |
$62,000 | $360,000 |
| Black or African American |
24 | $2,595,000 |
$108,000 | $260,000 |
$56,000 | $128,000 |
| Hispanic |
485 | $47,321,000 |
$97,000 | $450,000 |
$51,000 | $213,000 |
| Native Hawaiin or Other Pacific Islander |
21 | $2,193,000 |
$104,000 | $360,000 |
$61,000 | $154,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
371 | $30,956,000 |
$83,000 | $550,000 |
$57,000 | $388,000 |
| White |
5,302 | $548,080,000 |
$103,000 | $15,000,000 |
$63,000 | $1,104,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,026 | $606,416,000 |
$100,000 | $15,000,000 |
$62,000 | $1,104,000 |
| FHA-insured (Federal Housing Administration) |
245 | $30,075,000 |
$122,000 | $232,000 |
$39,000 | $170,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $147,000 |
$147,000 | $147,000 |
$47,000 | $47,000 |
| VA-guaranteed (Veterans Administration) |
49 | $9,539,000 |
$194,000 | $417,000 |
$67,000 | $216,000 |
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| Application Approved But Not Accepted |
586 | $30,768,000 |
$52,000 | $360,000 |
$69,000 | $1,104,000 |
| Application Denied By Financial Institution |
788 | $87,336,000 |
$110,000 | $700,000 |
$54,000 | $480,000 |
| Application Withdrawn By Applicant |
852 | $140,923,000 |
$165,000 | $1,200,000 |
$58,000 | $493,000 |
| File Closed For Incompleteness |
107 | $15,095,000 |
$141,000 | $459,000 |
$23,000 | $161,000 |
| Loan Originated |
3,988 | $372,055,000 |
$93,000 | $15,000,000 |
$64,000 | $849,000 |
| 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 |
60 | $5,202,000 |
$86,000 | $252,000 |
$59,000 | $168,000 |
| Credit Application Incomplete |
165 | $26,305,000 |
$159,000 | $396,000 |
$54,000 | $288,000 |
| Credit History |
249 | $26,884,000 |
$107,000 | $467,000 |
$62,000 | $480,000 |
| Debt-To-Income Ratio |
232 | $20,967,000 |
$90,000 | $700,000 |
$45,000 | $182,000 |
| Employment History |
15 | $2,055,000 |
$137,000 | $289,000 |
$54,000 | $180,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
9 | $1,155,000 |
$128,000 | $209,000 |
$53,000 | $101,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
52 | $4,100,000 |
$78,000 | $310,000 |
$54,000 | $140,000 |
| Unverifiable Information |
6 | $668,000 |
$111,000 | $140,000 |
$35,000 | $71,000 |
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Mortgage Loan App Totals for AMERICA FIRST CREDIT UNION by:
Metropolitan Area And
County
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