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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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AMERICU CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICU CREDIT UNION |
| Address | 1916 BLACK RIVER BLVD.
ROME, NY 13440 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,955 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $129,671,000 |
| Average Mortgage Loan Amount Applied For | $100,500 |
| Highest Mortgage Loan Amount Applied For | $880,000 |
| Average Applicant Income | $71,875 |
| Highest Applicant Income | $571,000 |
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| Home Improvement |
610 | $14,471,000 |
$23,000 | $300,000 |
$64,000 | $201,000 |
| Home Purchase |
666 | $66,770,000 |
$100,000 | $560,000 |
$64,000 | $571,000 |
| Refinancing |
724 | $50,289,000 |
$69,000 | $880,000 |
$68,000 | $440,000 |
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| American Indian or Alaskan Native |
6 | $378,000 |
$63,000 | $86,000 |
$65,000 | $125,000 |
| Asian |
23 | $1,987,000 |
$86,000 | $880,000 |
$74,000 | $440,000 |
| Black or African American |
33 | $2,172,000 |
$65,000 | $200,000 |
$67,000 | $204,000 |
| Hispanic |
20 | $1,490,000 |
$74,000 | $209,000 |
$50,000 | $99,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $32,000 |
$16,000 | $20,000 |
$40,000 | $51,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
54 | $2,066,000 |
$38,000 | $113,000 |
$64,000 | $135,000 |
| White |
1,862 | $123,405,000 |
$66,000 | $560,000 |
$66,000 | $571,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,684 | $99,880,000 |
$59,000 | $880,000 |
$68,000 | $571,000 |
| FHA-insured (Federal Housing Administration) |
174 | $14,686,000 |
$84,000 | $195,000 |
$51,000 | $127,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
142 | $16,964,000 |
$119,000 | $269,000 |
$59,000 | $117,000 |
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| Application Approved But Not Accepted |
5 | $166,000 |
$33,000 | $81,000 |
$64,000 | $81,000 |
| Application Denied By Financial Institution |
71 | $7,101,000 |
$100,000 | $294,000 |
$63,000 | $174,000 |
| Application Withdrawn By Applicant |
46 | $4,488,000 |
$97,000 | $270,000 |
$64,000 | $124,000 |
| File Closed For Incompleteness |
1 | $60,000 |
$60,000 | $60,000 |
$116,000 | $116,000 |
| Loan Originated |
1,877 | $119,715,000 |
$63,000 | $880,000 |
$66,000 | $571,000 |
| 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 |
13 | $1,538,000 |
$118,000 | $197,000 |
$57,000 | $103,000 |
| Credit Application Incomplete |
1 | $48,000 |
$48,000 | $48,000 |
$84,000 | $84,000 |
| Credit History |
4 | $275,000 |
$68,000 | $164,000 |
$75,000 | $169,000 |
| Debt-To-Income Ratio |
4 | $285,000 |
$71,000 | $180,000 |
$76,000 | $130,000 |
| 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 |
16 | $1,473,000 |
$92,000 | $294,000 |
$64,000 | $174,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMERICU CREDIT UNION by:
Metropolitan Area And
County
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