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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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CDC FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
CDC FEDERAL CREDIT UNION |
| Address | P.O. BOX 49169
ATLANTA, GA 30359 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 220 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $38,295,000 |
| Average Mortgage Loan Amount Applied For | $213,000 |
| Highest Mortgage Loan Amount Applied For | $608,000 |
| Average Applicant Income | $108,684 |
| Highest Applicant Income | $384,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
164 | $27,468,000 |
$167,000 | $608,000 |
$95,000 | $384,000 |
| Refinancing |
56 | $10,827,000 |
$193,000 | $417,000 |
$98,000 | $252,000 |
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| American Indian or Alaskan Native |
1 | $472,000 |
$472,000 | $472,000 |
$185,000 | $185,000 |
| Asian |
12 | $2,067,000 |
$172,000 | $301,000 |
$94,000 | $156,000 |
| Black or African American |
38 | $6,663,000 |
$175,000 | $406,000 |
$76,000 | $158,000 |
| Hispanic |
15 | $2,968,000 |
$197,000 | $394,000 |
$96,000 | $252,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $256,000 |
$128,000 | $205,000 |
$81,000 | $81,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
8 | $1,454,000 |
$181,000 | $332,000 |
$84,000 | $130,000 |
| White |
144 | $24,415,000 |
$169,000 | $608,000 |
$101,000 | $384,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
216 | $37,541,000 |
$173,000 | $608,000 |
$96,000 | $384,000 |
| FHA-insured (Federal Housing Administration) |
4 | $754,000 |
$188,000 | $237,000 |
$63,000 | $97,000 |
| 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 | $120,000 |
$120,000 | $120,000 |
$29,000 | $29,000 |
| Application Denied By Financial Institution |
5 | $743,000 |
$148,000 | $233,000 |
$85,000 | $158,000 |
| Application Withdrawn By Applicant |
52 | $8,508,000 |
$163,000 | $608,000 |
$89,000 | $248,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
162 | $28,924,000 |
$178,000 | $472,000 |
$98,000 | $384,000 |
| 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 |
1 | $119,000 |
$119,000 | $119,000 |
$158,000 | $158,000 |
| Credit History |
2 | $372,000 |
$186,000 | $233,000 |
$77,000 | $77,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
1 | $122,000 |
$122,000 | $122,000 |
$49,000 | $49,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $130,000 |
$130,000 | $130,000 |
$66,000 | $66,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CDC FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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