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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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CALIFORNIA COAST CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
CALIFORNIA COAST CREDIT UNION |
| Address | 9201 SPECTRUM CENTER BLVD
SAN DIEGO, CA 92123 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 651 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $155,198,000 |
| Average Mortgage Loan Amount Applied For | $284,200 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $81,000 |
| Highest Applicant Income | $914,000 |
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| Home Improvement |
134 | $5,779,000 |
$43,000 | $198,000 |
$78,000 | $222,000 |
| Home Purchase |
208 | $66,949,000 |
$321,000 | $1,000,000 |
$81,000 | $704,000 |
| Refinancing |
378 | $105,401,000 |
$278,000 | $915,000 |
$85,000 | $914,000 |
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| American Indian or Alaskan Native |
2 | $142,000 |
$71,000 | $100,000 |
$50,000 | $62,000 |
| Asian |
21 | $6,788,000 |
$323,000 | $684,000 |
$78,000 | $125,000 |
| Black or African American |
18 | $6,011,000 |
$333,000 | $650,000 |
$76,000 | $135,000 |
| Hispanic |
66 | $22,444,000 |
$340,000 | $1,000,000 |
$85,000 | $335,000 |
| Native Hawaiin or Other Pacific Islander |
8 | $2,755,000 |
$344,000 | $780,000 |
$71,000 | $176,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
479 | $105,150,000 |
$219,000 | $1,000,000 |
$82,000 | $914,000 |
| White |
126 | $34,839,000 |
$276,000 | $640,000 |
$88,000 | $704,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
720 | $178,129,000 |
$247,000 | $1,000,000 |
$83,000 | $914,000 |
| 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 |
85 | $26,475,000 |
$311,000 | $1,000,000 |
$94,000 | $914,000 |
| Application Denied By Financial Institution |
234 | $69,948,000 |
$298,000 | $915,000 |
$80,000 | $704,000 |
| Application Withdrawn By Applicant |
80 | $13,249,000 |
$165,000 | $581,000 |
$83,000 | $187,000 |
| File Closed For Incompleteness |
1 | $395,000 |
$395,000 | $395,000 |
$156,000 | $156,000 |
| Loan Originated |
251 | $45,131,000 |
$179,000 | $586,000 |
$84,000 | $342,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
4 | $1,140,000 |
$285,000 | $585,000 |
$77,000 | $156,000 |
| Preapproval Denied by Financial Institution |
65 | $21,791,000 |
$335,000 | $1,000,000 |
$69,000 | $215,000 |
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| Collateral |
3 | $435,000 |
$145,000 | $200,000 |
$48,000 | $58,000 |
| Credit Application Incomplete |
5 | $1,796,000 |
$359,000 | $500,000 |
$84,000 | $129,000 |
| Credit History |
33 | $6,946,000 |
$210,000 | $500,000 |
$92,000 | $204,000 |
| Debt-To-Income Ratio |
192 | $63,108,000 |
$328,000 | $915,000 |
$71,000 | $704,000 |
| Employment History |
3 | $342,000 |
$114,000 | $272,000 |
$244,000 | $660,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
39 | $13,132,000 |
$336,000 | $1,000,000 |
$67,000 | $215,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
7 | $1,022,000 |
$146,000 | $350,000 |
$98,000 | $168,000 |
| Unverifiable Information |
6 | $1,130,000 |
$188,000 | $437,000 |
$94,000 | $197,000 |
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Mortgage Loan App Totals for CALIFORNIA COAST CREDIT UNION by:
Metropolitan Area And
County
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