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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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BENCHMARK FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
BENCHMARK FEDERAL CREDIT UNION |
| Address | 800 E MARKET STREET
WEST CHESTER, PA 19382 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 134 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,273,000 |
| Average Mortgage Loan Amount Applied For | $42,833 |
| Highest Mortgage Loan Amount Applied For | $200,000 |
| Average Applicant Income | $82,416 |
| Highest Applicant Income | $253,000 |
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| Home Improvement |
134 | $6,273,000 |
$46,000 | $200,000 |
$94,000 | $253,000 |
| Home Purchase |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $40,000 |
$40,000 | $40,000 |
$101,000 | $101,000 |
| Black or African American |
9 | $280,000 |
$31,000 | $70,000 |
$65,000 | $128,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
13 | $456,000 |
$35,000 | $120,000 |
$97,000 | $233,000 |
| White |
111 | $5,497,000 |
$49,000 | $200,000 |
$97,000 | $253,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
134 | $6,273,000 |
$46,000 | $200,000 |
$94,000 | $253,000 |
| 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 |
9 | $639,000 |
$71,000 | $150,000 |
$117,000 | $244,000 |
| Application Denied By Financial Institution |
2 | $70,000 |
$35,000 | $50,000 |
$76,000 | $93,000 |
| Application Withdrawn By Applicant |
3 | $122,000 |
$40,000 | $100,000 |
$67,000 | $77,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
120 | $5,442,000 |
$45,000 | $200,000 |
$94,000 | $253,000 |
| 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 |
1 | $20,000 |
$20,000 | $20,000 |
$60,000 | $60,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 BENCHMARK FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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