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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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CEDAR POINT FEDERAL C.U.
Mortgage Loans and Application Details
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| Mortgage Company Name |
CEDAR POINT FEDERAL C.U. |
| Address | 22745 MAPLE ROAD
LEXINGTON PARK, MD 20653 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 124 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $18,847,000 |
| Average Mortgage Loan Amount Applied For | $137,333 |
| Highest Mortgage Loan Amount Applied For | $416,000 |
| Average Applicant Income | $61,333 |
| Highest Applicant Income | $221,000 |
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| Home Improvement |
5 | $506,000 |
$101,000 | $206,000 |
$107,000 | $162,000 |
| Home Purchase |
18 | $3,055,000 |
$169,000 | $376,000 |
$30,000 | $133,000 |
| Refinancing |
101 | $15,286,000 |
$151,000 | $416,000 |
$60,000 | $221,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $120,000 |
$120,000 | $120,000 |
$58,000 | $58,000 |
| Black or African American |
16 | $1,963,000 |
$122,000 | $370,000 |
$54,000 | $134,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
1 | $40,000 |
$40,000 | $40,000 |
$133,000 | $133,000 |
| Not applicable |
38 | $8,407,000 |
$221,000 | $416,000 |
$0 | $0 |
| Not Provided |
1 | $125,000 |
$125,000 | $125,000 |
$95,000 | $95,000 |
| White |
67 | $8,192,000 |
$122,000 | $416,000 |
$89,000 | $221,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
123 | $18,597,000 |
$151,000 | $416,000 |
$58,000 | $221,000 |
| 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) |
1 | $250,000 |
$250,000 | $250,000 |
$0 | $0 |
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| Application Approved But Not Accepted |
1 | $175,000 |
$175,000 | $175,000 |
$45,000 | $45,000 |
| Application Denied By Financial Institution |
2 | $154,000 |
$77,000 | $98,000 |
$62,000 | $76,000 |
| Application Withdrawn By Applicant |
9 | $889,000 |
$98,000 | $209,000 |
$84,000 | $190,000 |
| File Closed For Incompleteness |
1 | $105,000 |
$105,000 | $105,000 |
$97,000 | $97,000 |
| Loan Originated |
72 | $8,909,000 |
$123,000 | $416,000 |
$85,000 | $221,000 |
| Loan Purchased By The Institution |
39 | $8,615,000 |
$220,000 | $416,000 |
$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 | $98,000 |
$98,000 | $98,000 |
$76,000 | $76,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $56,000 |
$56,000 | $56,000 |
$48,000 | $48,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CEDAR POINT FEDERAL C.U. by:
Metropolitan Area And
County
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