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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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BURBANK CITY FEDERAL CU
Mortgage Loans and Application Details
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| Mortgage Company Name |
BURBANK CITY FEDERAL CU |
| Address | 1800 WEST MAGNOLIA BLVD
BURBANK, CA 91506 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 197 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $40,725,000 |
| Average Mortgage Loan Amount Applied For | $159,083 |
| Highest Mortgage Loan Amount Applied For | $760,000 |
| Average Applicant Income | $89,583 |
| Highest Applicant Income | $267,000 |
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| Home Improvement |
69 | $6,277,000 |
$90,000 | $330,000 |
$90,000 | $267,000 |
| Home Purchase |
16 | $4,251,000 |
$265,000 | $569,000 |
$76,000 | $151,000 |
| Refinancing |
126 | $32,749,000 |
$259,000 | $760,000 |
$88,000 | $232,000 |
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| American Indian or Alaskan Native |
1 | $190,000 |
$190,000 | $190,000 |
$59,000 | $59,000 |
| Asian |
5 | $960,000 |
$192,000 | $480,000 |
$127,000 | $205,000 |
| Black or African American |
8 | $1,239,000 |
$154,000 | $604,000 |
$61,000 | $94,000 |
| Hispanic |
45 | $10,507,000 |
$233,000 | $615,000 |
$76,000 | $157,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $1,121,000 |
$373,000 | $568,000 |
$86,000 | $109,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
27 | $3,044,000 |
$112,000 | $325,000 |
$88,000 | $168,000 |
| White |
122 | $26,216,000 |
$214,000 | $760,000 |
$93,000 | $267,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
211 | $43,277,000 |
$205,000 | $760,000 |
$88,000 | $267,000 |
| 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 |
6 | $704,000 |
$117,000 | $200,000 |
$111,000 | $205,000 |
| Application Denied By Financial Institution |
62 | $11,055,000 |
$178,000 | $536,000 |
$76,000 | $205,000 |
| Application Withdrawn By Applicant |
57 | $10,041,000 |
$176,000 | $615,000 |
$89,000 | $192,000 |
| File Closed For Incompleteness |
6 | $1,644,000 |
$274,000 | $648,000 |
$104,000 | $155,000 |
| Loan Originated |
80 | $19,833,000 |
$247,000 | $760,000 |
$93,000 | $267,000 |
| 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 |
15 | $1,599,000 |
$106,000 | $452,000 |
$77,000 | $205,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
20 | $5,074,000 |
$253,000 | $536,000 |
$95,000 | $168,000 |
| Debt-To-Income Ratio |
17 | $2,944,000 |
$173,000 | $489,000 |
$53,000 | $79,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $260,000 |
$130,000 | $180,000 |
$50,000 | $53,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $221,000 |
$110,000 | $121,000 |
$84,000 | $96,000 |
| Unverifiable Information |
4 | $375,000 |
$93,000 | $140,000 |
$97,000 | $114,000 |
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Mortgage Loan App Totals for BURBANK CITY FEDERAL CU by:
Metropolitan Area And
County
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