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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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CAROLINA TRUST FCU
Mortgage Loans and Application Details
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| Mortgage Company Name |
CAROLINA TRUST FCU |
| Address | 1010 21ST. AVE. NORTH
MYRTLE BEACH, SC 29577 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 120 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,684,000 |
| Average Mortgage Loan Amount Applied For | $103,000 |
| Highest Mortgage Loan Amount Applied For | $320,000 |
| Average Applicant Income | $78,333 |
| Highest Applicant Income | $370,000 |
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| Home Improvement |
32 | $1,709,000 |
$53,000 | $300,000 |
$80,000 | $370,000 |
| Home Purchase |
34 | $4,122,000 |
$121,000 | $270,000 |
$51,000 | $118,000 |
| Refinancing |
67 | $5,914,000 |
$88,000 | $320,000 |
$63,000 | $220,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $34,000 |
$34,000 | $34,000 |
$28,000 | $28,000 |
| Black or African American |
20 | $1,551,000 |
$77,000 | $200,000 |
$40,000 | $92,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
112 | $10,160,000 |
$90,000 | $320,000 |
$69,000 | $370,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
132 | $11,695,000 |
$88,000 | $320,000 |
$64,000 | $370,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $50,000 |
$50,000 | $50,000 |
$12,000 | $12,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
2 | $310,000 |
$155,000 | $195,000 |
$37,000 | $54,000 |
| Application Denied By Financial Institution |
36 | $3,788,000 |
$105,000 | $283,000 |
$55,000 | $370,000 |
| Application Withdrawn By Applicant |
14 | $1,155,000 |
$82,000 | $300,000 |
$65,000 | $149,000 |
| File Closed For Incompleteness |
5 | $227,000 |
$45,000 | $100,000 |
$45,000 | $65,000 |
| Loan Originated |
73 | $6,052,000 |
$82,000 | $320,000 |
$72,000 | $220,000 |
| 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 |
3 | $213,000 |
$71,000 | $107,000 |
$19,000 | $28,000 |
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| Collateral |
3 | $292,000 |
$97,000 | $221,000 |
$51,000 | $69,000 |
| Credit Application Incomplete |
3 | $262,000 |
$87,000 | $112,000 |
$33,000 | $59,000 |
| Credit History |
18 | $1,769,000 |
$98,000 | $283,000 |
$63,000 | $370,000 |
| Debt-To-Income Ratio |
9 | $1,215,000 |
$135,000 | $250,000 |
$37,000 | $65,000 |
| Employment History |
2 | $178,000 |
$89,000 | $135,000 |
$34,000 | $49,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $89,000 |
$44,000 | $63,000 |
$57,000 | $86,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $128,000 |
$128,000 | $128,000 |
$83,000 | $83,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CAROLINA TRUST FCU by:
Metropolitan Area And
County
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