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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 SOUTH 1500 WEST
RIVERDALE, UT 84405 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 7,037 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $670,603,000 |
| Average Mortgage Loan Amount Applied For | $97,333 |
| Highest Mortgage Loan Amount Applied For | $6,400,000 |
| Average Applicant Income | $57,000 |
| Highest Applicant Income | $1,992,000 |
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| Home Improvement (one-to-four family) |
479 | $10,416,000 |
$15,000 | $202,000 |
$59,666 | $209,000 |
| Home Purchase (one-to-four family) |
1,066 | $130,839,000 |
$101,666 | $535,000 |
$46,666 | $1,992,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
8 | $8,143,000 |
$728,500 | $6,400,000 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
6,583 | $630,104,000 |
$86,000 | $456,000 |
$44,750 | $1,177,000 |
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| American Indian or Alaskan Native |
21 | $1,592,000 |
$75,000 | $151,000 |
$48,000 | $141,000 |
| Asian or Pacific Islander |
133 | $13,638,000 |
$102,000 | $318,000 |
$48,000 | $211,000 |
| Black |
33 | $3,190,000 |
$96,000 | $257,000 |
$50,000 | $120,000 |
| Hispanic |
361 | $31,397,000 |
$78,000 | $275,000 |
$42,000 | $188,000 |
| Information not provided by applicant in mail or telephone application |
718 | $57,471,000 |
$60,000 | $456,000 |
$64,333 | $225,000 |
| Not applicable |
2 | $323,000 |
$161,000 | $244,000 |
$115,000 | $146,000 |
| Other |
30 | $2,712,000 |
$90,000 | $171,000 |
$44,000 | $110,000 |
| White |
6,838 | $669,179,000 |
$98,800 | $6,400,000 |
$38,000 | $1,992,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
7,816 | $740,878,000 |
$97,200 | $6,400,000 |
$37,600 | $1,992,000 |
| FHA-insured (Federal Housing Administration) |
208 | $23,272,000 |
$111,000 | $174,000 |
$32,000 | $144,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $96,000 |
$96,000 | $96,000 |
$25,000 | $25,000 |
| VA-guaranteed (Veterans Administration) |
111 | $15,256,000 |
$146,000 | $245,000 |
$44,500 | $138,000 |
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| Application Approved But Not Accepted |
479 | $32,528,000 |
$40,333 | $456,000 |
$60,000 | $236,000 |
| Application Denied By Financial Institution |
426 | $42,318,000 |
$87,333 | $500,000 |
$57,000 | $1,108,000 |
| Application Withdrawn By Applicant |
743 | $98,913,000 |
$114,500 | $535,000 |
$60,000 | $1,992,000 |
| File Closed For Incompleteness |
142 | $15,646,000 |
$110,000 | $280,000 |
$51,000 | $156,000 |
| Loan Originated |
6,346 | $590,097,000 |
$97,800 | $6,400,000 |
$33,800 | $531,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
33 | $2,593,000 |
$70,666 | $150,000 |
$56,666 | $115,000 |
| Credit Application Incomplete |
57 | $8,364,000 |
$146,000 | $500,000 |
$58,000 | $277,000 |
| Credit History |
115 | $11,213,000 |
$71,000 | $250,000 |
$66,666 | $1,108,000 |
| Debt-To-Income Ratio |
121 | $10,284,000 |
$93,500 | $323,000 |
$43,000 | $108,000 |
| Employment History |
9 | $825,000 |
$91,000 | $145,000 |
$32,000 | $63,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
10 | $1,163,000 |
$116,000 | $182,000 |
$43,000 | $98,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
75 | $7,263,000 |
$126,333 | $292,000 |
$60,000 | $160,000 |
| Unverifiable Information |
6 | $613,000 |
$96,500 | $136,000 |
$32,000 | $72,000 |
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Mortgage Loan App Totals for AMERICA FIRST CREDIT UNION by:
Metropolitan Area And
County
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