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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 COMMUNITY FCU
Mortgage Loans and Application Details
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| Mortgage Company Name |
BURBANK COMMUNITY FCU |
| Address | 3000 W MAGNOLIA BLVD BURBANK, CA 91505 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 72 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $9,361,000 |
| Average Mortgage Loan Amount Applied For | $146,857 |
| Highest Mortgage Loan Amount Applied For | $456,000 |
| Average Applicant Income | $86,142 |
| Highest Applicant Income | $675,000 |
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| Home Improvement |
59 | $5,558,000 |
$94,000 | $250,000 |
$94,000 | $675,000 |
| Home Purchase |
1 | $375,000 |
$375,000 | $375,000 |
$84,000 | $84,000 |
| Refinancing |
12 | $3,428,000 |
$285,000 | $456,000 |
$100,000 | $234,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
4 | $680,000 |
$170,000 | $375,000 |
$91,000 | $126,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
16 | $1,331,000 |
$83,000 | $356,000 |
$75,000 | $226,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
52 | $7,350,000 |
$141,000 | $456,000 |
$101,000 | $675,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
72 | $9,361,000 |
$130,000 | $456,000 |
$95,000 | $675,000 |
| 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 | $140,000 |
$140,000 | $140,000 |
$56,000 | $56,000 |
| Application Denied By Financial Institution |
4 | $180,000 |
$45,000 | $90,000 |
$45,000 | $85,000 |
| Application Withdrawn By Applicant |
3 | $325,000 |
$108,000 | $250,000 |
$79,000 | $115,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
64 | $8,716,000 |
$136,000 | $456,000 |
$100,000 | $675,000 |
| 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 | $35,000 |
$35,000 | $35,000 |
$30,000 | $30,000 |
| Debt-To-Income Ratio |
1 | $25,000 |
$25,000 | $25,000 |
$25,000 | $25,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $120,000 |
$60,000 | $90,000 |
$63,000 | $85,000 |
| 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 BURBANK COMMUNITY FCU by:
Metropolitan Area And
County
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