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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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CATHOLIC FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
CATHOLIC FEDERAL CREDIT UNION |
| Address | 6180 STATE ST PO BOX 6338 ,
SAGINAW, MI 48608 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 441 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $28,619,000 |
| Average Mortgage Loan Amount Applied For | $87,823 |
| Highest Mortgage Loan Amount Applied For | $400,000 |
| Average Applicant Income | $69,529 |
| Highest Applicant Income | $1,348,000 |
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| Home Improvement |
66 | $367,000 |
$5,000 | $15,000 |
$42,000 | $118,000 |
| Home Purchase |
59 | $6,117,000 |
$103,000 | $276,000 |
$60,000 | $275,000 |
| Refinancing |
316 | $22,135,000 |
$70,000 | $400,000 |
$66,000 | $1,348,000 |
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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 |
1 | $4,000 |
$4,000 | $4,000 |
$40,000 | $40,000 |
| Hispanic |
36 | $1,460,000 |
$40,000 | $197,000 |
$42,000 | $109,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $3,000 |
$3,000 | $3,000 |
$69,000 | $69,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
403 | $27,152,000 |
$67,000 | $400,000 |
$63,000 | $1,348,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
441 | $28,619,000 |
$64,000 | $400,000 |
$62,000 | $1,348,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
22 | $1,593,000 |
$72,000 | $228,000 |
$40,000 | $125,000 |
| Application Withdrawn By Applicant |
26 | $2,266,000 |
$87,000 | $181,000 |
$54,000 | $120,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
393 | $24,760,000 |
$63,000 | $400,000 |
$63,000 | $1,348,000 |
| 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 |
1 | $228,000 |
$228,000 | $228,000 |
$105,000 | $105,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
11 | $719,000 |
$65,000 | $216,000 |
$37,000 | $125,000 |
| Debt-To-Income Ratio |
8 | $616,000 |
$77,000 | $185,000 |
$34,000 | $75,000 |
| 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 |
2 | $30,000 |
$15,000 | $15,000 |
$51,000 | $70,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CATHOLIC FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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