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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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ANDREWS FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
ANDREWS FEDERAL CREDIT UNION |
| Address | 5711 ALLENTOWN ROAD
SUITLAND, MD 20746 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 439 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $22,729,000 |
| Average Mortgage Loan Amount Applied For | $45,401 |
| Highest Mortgage Loan Amount Applied For | $390,000 |
| Average Applicant Income | $65,728 |
| Highest Applicant Income | $276,000 |
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| Home Improvement |
286 | $12,678,000 |
$44,000 | $250,000 |
$64,000 | $276,000 |
| Home Purchase |
14 | $1,716,000 |
$122,000 | $390,000 |
$67,000 | $150,000 |
| Refinancing |
139 | $8,335,000 |
$59,000 | $350,000 |
$67,000 | $179,000 |
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| American Indian or Alaskan Native |
2 | $167,000 |
$83,000 | $90,000 |
$66,000 | $84,000 |
| Asian |
1 | $32,000 |
$32,000 | $32,000 |
$105,000 | $105,000 |
| Black or African American |
82 | $4,363,000 |
$53,000 | $316,000 |
$67,000 | $191,000 |
| Hispanic |
3 | $255,000 |
$85,000 | $100,000 |
$70,000 | $86,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
304 | $15,349,000 |
$50,000 | $390,000 |
$63,000 | $276,000 |
| White |
47 | $2,563,000 |
$54,000 | $250,000 |
$73,000 | $190,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
439 | $22,729,000 |
$51,000 | $390,000 |
$65,000 | $276,000 |
| 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 |
125 | $5,888,000 |
$47,000 | $316,000 |
$54,000 | $276,000 |
| Application Withdrawn By Applicant |
99 | $5,340,000 |
$53,000 | $390,000 |
$66,000 | $190,000 |
| File Closed For Incompleteness |
63 | $3,273,000 |
$51,000 | $100,000 |
$72,000 | $166,000 |
| Loan Originated |
152 | $8,228,000 |
$54,000 | $350,000 |
$70,000 | $191,000 |
| 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 |
8 | $561,000 |
$70,000 | $316,000 |
$47,000 | $79,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
52 | $2,075,000 |
$39,000 | $115,000 |
$51,000 | $99,000 |
| Debt-To-Income Ratio |
47 | $2,428,000 |
$51,000 | $100,000 |
$57,000 | $276,000 |
| 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 |
17 | $784,000 |
$46,000 | $100,000 |
$58,000 | $134,000 |
| Unverifiable Information |
1 | $40,000 |
$40,000 | $40,000 |
$54,000 | $54,000 |
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Mortgage Loan App Totals for ANDREWS FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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