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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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APPALACHIAN COMMUNITY FED. C.U
Mortgage Loans and Application Details
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| Mortgage Company Name |
APPALACHIAN COMMUNITY FED. C.U |
| Address | P.O. BOX 1008
KINGSPORT, TN 37662 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 233 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $18,504,000 |
| Average Mortgage Loan Amount Applied For | $79,578 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $44,315 |
| Highest Applicant Income | $196,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
80 | $7,721,000 |
$96,000 | $1,000,000 |
$45,000 | $196,000 |
| Refinancing |
153 | $10,783,000 |
$70,000 | $419,000 |
$48,000 | $149,000 |
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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 |
3 | $211,000 |
$70,000 | $105,000 |
$51,000 | $85,000 |
| Hispanic |
2 | $393,000 |
$196,000 | $380,000 |
$76,000 | $125,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
228 | $17,900,000 |
$78,000 | $1,000,000 |
$47,000 | $196,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
225 | $17,905,000 |
$79,000 | $1,000,000 |
$47,000 | $196,000 |
| FHA-insured (Federal Housing Administration) |
5 | $358,000 |
$71,000 | $113,000 |
$36,000 | $61,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $241,000 |
$80,000 | $85,000 |
$63,000 | $108,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
53 | $4,097,000 |
$77,000 | $1,000,000 |
$34,000 | $87,000 |
| Application Withdrawn By Applicant |
47 | $3,547,000 |
$75,000 | $419,000 |
$39,000 | $114,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
133 | $10,860,000 |
$81,000 | $380,000 |
$55,000 | $196,000 |
| 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 |
4 | $268,000 |
$67,000 | $125,000 |
$46,000 | $87,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
43 | $3,499,000 |
$81,000 | $1,000,000 |
$34,000 | $67,000 |
| Debt-To-Income Ratio |
3 | $169,000 |
$56,000 | $99,000 |
$17,000 | $32,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $50,000 |
$50,000 | $50,000 |
$20,000 | $20,000 |
| Mortgage Insurance Denied |
1 | $12,000 |
$12,000 | $12,000 |
$13,000 | $13,000 |
| Other |
1 | $99,000 |
$99,000 | $99,000 |
$32,000 | $32,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for APPALACHIAN COMMUNITY FED. C.U by:
Metropolitan Area And
County
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