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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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APPLE FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
APPLE FEDERAL CREDIT UNION |
| Address | 4029 RIDGE TOP RD
FAIRFAX, VA 22030 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 264 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $80,873,000 |
| Average Mortgage Loan Amount Applied For | $233,818 |
| Highest Mortgage Loan Amount Applied For | $952,000 |
| Average Applicant Income | $94,181 |
| Highest Applicant Income | $274,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
138 | $39,414,000 |
$285,000 | $700,000 |
$83,000 | $274,000 |
| Refinancing |
193 | $59,235,000 |
$306,000 | $952,000 |
$98,000 | $237,000 |
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| American Indian or Alaskan Native |
1 | $88,000 |
$88,000 | $88,000 |
$30,000 | $30,000 |
| Asian |
36 | $13,112,000 |
$364,000 | $952,000 |
$101,000 | $197,000 |
| Black or African American |
73 | $21,487,000 |
$294,000 | $567,000 |
$81,000 | $237,000 |
| Hispanic |
34 | $9,904,000 |
$291,000 | $560,000 |
$70,000 | $114,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $261,000 |
$261,000 | $261,000 |
$110,000 | $110,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
5 | $1,275,000 |
$255,000 | $332,000 |
$70,000 | $90,000 |
| White |
181 | $52,522,000 |
$290,000 | $700,000 |
$99,000 | $274,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
331 | $98,649,000 |
$298,000 | $952,000 |
$92,000 | $274,000 |
| 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 |
38 | $12,540,000 |
$330,000 | $600,000 |
$93,000 | $223,000 |
| Application Denied By Financial Institution |
29 | $9,238,000 |
$318,000 | $567,000 |
$77,000 | $172,000 |
| Application Withdrawn By Applicant |
34 | $11,126,000 |
$327,000 | $880,000 |
$81,000 | $186,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
171 | $50,281,000 |
$294,000 | $952,000 |
$105,000 | $274,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
36 | $9,507,000 |
$264,000 | $560,000 |
$73,000 | $208,000 |
| Preapproval Denied by Financial Institution |
23 | $5,957,000 |
$259,000 | $560,000 |
$58,000 | $124,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
11 | $2,778,000 |
$252,000 | $397,000 |
$64,000 | $93,000 |
| Debt-To-Income Ratio |
41 | $12,417,000 |
$302,000 | $567,000 |
$70,000 | $172,000 |
| 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 APPLE FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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