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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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BRIGHTSTAR CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
BRIGHTSTAR CREDIT UNION |
| Address | 5901 DEL LAGO CIRCLE
FORT LAUDERDALE, FL 33067 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 82 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $12,785,000 |
| Average Mortgage Loan Amount Applied For | $176,000 |
| Highest Mortgage Loan Amount Applied For | $393,000 |
| Average Applicant Income | $59,600 |
| Highest Applicant Income | $178,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
36 | $6,897,000 |
$191,000 | $300,000 |
$60,000 | $178,000 |
| Refinancing |
68 | $10,328,000 |
$151,000 | $393,000 |
$57,000 | $146,000 |
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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 |
18 | $3,032,000 |
$168,000 | $390,000 |
$57,000 | $140,000 |
| Hispanic |
3 | $374,000 |
$124,000 | $195,000 |
$54,000 | $78,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
54 | $8,999,000 |
$166,000 | $393,000 |
$52,000 | $178,000 |
| White |
29 | $4,820,000 |
$166,000 | $380,000 |
$70,000 | $146,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
104 | $17,225,000 |
$165,000 | $393,000 |
$58,000 | $178,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
56 | $10,177,000 |
$181,000 | $393,000 |
$51,000 | $178,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
48 | $7,048,000 |
$146,000 | $390,000 |
$66,000 | $146,000 |
| 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 |
2 | $311,000 |
$155,000 | $161,000 |
$49,000 | $62,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
19 | $3,167,000 |
$166,000 | $393,000 |
$47,000 | $134,000 |
| Debt-To-Income Ratio |
28 | $5,724,000 |
$204,000 | $300,000 |
$50,000 | $105,000 |
| Employment History |
3 | $499,000 |
$166,000 | $250,000 |
$95,000 | $178,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $476,000 |
$119,000 | $235,000 |
$38,000 | $44,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for BRIGHTSTAR CREDIT UNION by:
Metropolitan Area And
County
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