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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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BERRIEN TEACHERS CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
BERRIEN TEACHERS CREDIT UNION |
| Address | 2920 LAKEVIEW AVENUE
SAINT JOSEPH, MI 49085 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 189 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $18,933,000 |
| Average Mortgage Loan Amount Applied For | $85,090 |
| Highest Mortgage Loan Amount Applied For | $449,000 |
| Average Applicant Income | $81,363 |
| Highest Applicant Income | $357,000 |
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| Home Improvement |
58 | $1,986,000 |
$34,000 | $171,000 |
$63,000 | $162,000 |
| Home Purchase |
57 | $7,399,000 |
$129,000 | $449,000 |
$82,000 | $300,000 |
| Refinancing |
75 | $9,600,000 |
$128,000 | $395,000 |
$70,000 | $357,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $27,000 |
$27,000 | $27,000 |
$50,000 | $50,000 |
| Black or African American |
7 | $489,000 |
$69,000 | $170,000 |
$45,000 | $123,000 |
| Hispanic |
3 | $274,000 |
$91,000 | $167,000 |
$62,000 | $96,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $93,000 |
$93,000 | $93,000 |
$48,000 | $48,000 |
| Not applicable |
2 | $169,000 |
$84,000 | $104,000 |
$115,000 | $115,000 |
| Not Provided |
2 | $371,000 |
$185,000 | $220,000 |
$87,000 | $103,000 |
| White |
174 | $17,562,000 |
$100,000 | $449,000 |
$72,000 | $357,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
190 | $18,985,000 |
$99,000 | $449,000 |
$71,000 | $357,000 |
| 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 |
2 | $390,000 |
$195,000 | $278,000 |
$56,000 | $74,000 |
| Application Denied By Financial Institution |
10 | $586,000 |
$58,000 | $97,000 |
$32,000 | $53,000 |
| Application Withdrawn By Applicant |
3 | $318,000 |
$106,000 | $132,000 |
$45,000 | $53,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
175 | $17,691,000 |
$101,000 | $449,000 |
$74,000 | $357,000 |
| 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 | $97,000 |
$97,000 | $97,000 |
$30,000 | $30,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $341,000 |
$48,000 | $61,000 |
$29,000 | $44,000 |
| Debt-To-Income Ratio |
2 | $148,000 |
$74,000 | $93,000 |
$45,000 | $53,000 |
| 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 BERRIEN TEACHERS CREDIT UNION by:
Metropolitan Area And
County
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