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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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BROTHERHOOD CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
BROTHERHOOD CREDIT UNION |
| Address | 75 MARKET STREET
LYNN, MA 01901 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 45 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,647,000 |
| Average Mortgage Loan Amount Applied For | $54,000 |
| Highest Mortgage Loan Amount Applied For | $280,000 |
| Average Applicant Income | $69,500 |
| Highest Applicant Income | $285,000 |
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| Home Improvement |
24 | $1,075,000 |
$44,000 | $125,000 |
$108,000 | $285,000 |
| Home Purchase |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing |
21 | $1,572,000 |
$74,000 | $280,000 |
$74,000 | $172,000 |
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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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $50,000 |
$50,000 | $50,000 |
$81,000 | $81,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3 | $90,000 |
$30,000 | $40,000 |
$92,000 | $171,000 |
| White |
41 | $2,507,000 |
$61,000 | $280,000 |
$92,000 | $285,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
45 | $2,647,000 |
$58,000 | $280,000 |
$92,000 | $285,000 |
| 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 |
1 | $200,000 |
$200,000 | $200,000 |
$145,000 | $145,000 |
| Application Denied By Financial Institution |
4 | $370,000 |
$92,000 | $280,000 |
$53,000 | $81,000 |
| Application Withdrawn By Applicant |
5 | $290,000 |
$58,000 | $100,000 |
$67,000 | $83,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
35 | $1,787,000 |
$51,000 | $200,000 |
$98,000 | $285,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $20,000 |
$20,000 | $20,000 |
$48,000 | $48,000 |
| Debt-To-Income Ratio |
2 | $70,000 |
$35,000 | $50,000 |
$58,000 | $81,000 |
| 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 |
1 | $280,000 |
$280,000 | $280,000 |
$49,000 | $49,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for BROTHERHOOD CREDIT UNION by:
Metropolitan Area And
County
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