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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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BETHPAGE FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
BETHPAGE FEDERAL CREDIT UNION |
| Address | 899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,755 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $291,859,000 |
| Average Mortgage Loan Amount Applied For | $150,847 |
| Highest Mortgage Loan Amount Applied For | $1,400,000 |
| Average Applicant Income | $93,793 |
| Highest Applicant Income | $1,200,000 |
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| Home Improvement |
844 | $49,869,000 |
$59,000 | $300,000 |
$74,000 | $270,000 |
| Home Purchase |
345 | $97,179,000 |
$281,000 | $1,050,000 |
$109,000 | $429,000 |
| Refinancing |
568 | $145,247,000 |
$255,000 | $1,400,000 |
$104,000 | $1,200,000 |
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| American Indian or Alaskan Native |
2 | $190,000 |
$95,000 | $100,000 |
$39,000 | $67,000 |
| Asian |
31 | $4,917,000 |
$158,000 | $417,000 |
$95,000 | $336,000 |
| Black or African American |
55 | $9,469,000 |
$172,000 | $500,000 |
$73,000 | $178,000 |
| Hispanic |
79 | $13,297,000 |
$168,000 | $437,000 |
$75,000 | $318,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $656,000 |
$109,000 | $225,000 |
$69,000 | $120,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
559 | $86,360,000 |
$154,000 | $1,400,000 |
$95,000 | $1,200,000 |
| White |
1,025 | $177,406,000 |
$173,000 | $1,355,000 |
$91,000 | $516,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,757 | $292,295,000 |
$166,000 | $1,400,000 |
$91,000 | $1,200,000 |
| 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 |
217 | $36,870,000 |
$169,000 | $1,050,000 |
$88,000 | $429,000 |
| Application Denied By Financial Institution |
123 | $23,043,000 |
$187,000 | $980,000 |
$88,000 | $1,200,000 |
| Application Withdrawn By Applicant |
72 | $19,246,000 |
$267,000 | $1,400,000 |
$116,000 | $473,000 |
| File Closed For Incompleteness |
1 | $80,000 |
$80,000 | $80,000 |
$30,000 | $30,000 |
| Loan Originated |
1,344 | $213,056,000 |
$158,000 | $1,355,000 |
$90,000 | $516,000 |
| 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 |
26 | $3,302,000 |
$127,000 | $395,000 |
$130,000 | $1,200,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
46 | $7,109,000 |
$154,000 | $417,000 |
$82,000 | $254,000 |
| Debt-To-Income Ratio |
39 | $9,480,000 |
$243,000 | $980,000 |
$54,000 | $300,000 |
| Employment History |
1 | $172,000 |
$172,000 | $172,000 |
$56,000 | $56,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
11 | $2,980,000 |
$270,000 | $536,000 |
$134,000 | $366,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for BETHPAGE FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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