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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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ANDERSON FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
ANDERSON FEDERAL CREDIT UNION |
| Address | PO BOX 2427
ANDERSON, SC 29622 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 40 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,007,000 |
| Average Mortgage Loan Amount Applied For | $71,111 |
| Highest Mortgage Loan Amount Applied For | $198,000 |
| Average Applicant Income | $42,222 |
| Highest Applicant Income | $100,000 |
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| Home Improvement |
5 | $105,000 |
$21,000 | $25,000 |
$61,000 | $87,000 |
| Home Purchase |
25 | $1,572,000 |
$62,000 | $189,000 |
$94,000 | $1,600,000 |
| Refinancing |
27 | $2,186,000 |
$80,000 | $198,000 |
$40,000 | $100,000 |
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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 |
4 | $293,000 |
$73,000 | $170,000 |
$426,000 | $1,600,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
1 | $75,000 |
$75,000 | $75,000 |
$18,000 | $18,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
7 | $393,000 |
$56,000 | $92,000 |
$27,000 | $77,000 |
| White |
45 | $3,102,000 |
$68,000 | $198,000 |
$40,000 | $100,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
54 | $3,789,000 |
$70,000 | $198,000 |
$65,000 | $1,600,000 |
| FHA-insured (Federal Housing Administration) |
3 | $74,000 |
$24,000 | $25,000 |
$71,000 | $87,000 |
| 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 |
1 | $43,000 |
$43,000 | $43,000 |
$47,000 | $47,000 |
| Application Denied By Financial Institution |
15 | $798,000 |
$53,000 | $120,000 |
$129,000 | $1,600,000 |
| Application Withdrawn By Applicant |
1 | $15,000 |
$15,000 | $15,000 |
$65,000 | $65,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
40 | $3,007,000 |
$75,000 | $198,000 |
$42,000 | $100,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $373,000 |
$53,000 | $92,000 |
$246,000 | $1,600,000 |
| Debt-To-Income Ratio |
8 | $425,000 |
$53,000 | $120,000 |
$27,000 | $77,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for ANDERSON FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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