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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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CEFCU
Mortgage Loans and Application Details
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| Mortgage Company Name |
CEFCU |
| Address | 5401 W. DIRKSEN PKWY
PEORIA, IL 61607 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,750 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $193,105,000 |
| Average Mortgage Loan Amount Applied For | $103,333 |
| Highest Mortgage Loan Amount Applied For | $1,272,000 |
| Average Applicant Income | $57,666 |
| Highest Applicant Income | $700,000 |
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| Home Improvement |
522 | $4,673,000 |
$8,000 | $150,000 |
$65,000 | $978,000 |
| Home Purchase |
2,302 | $289,932,000 |
$125,000 | $1,272,000 |
$63,000 | $756,000 |
| Refinancing |
883 | $96,059,000 |
$108,000 | $795,000 |
$63,000 | $504,000 |
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| American Indian or Alaskan Native |
16 | $2,636,000 |
$164,000 | $880,000 |
$141,000 | $756,000 |
| Asian |
73 | $13,631,000 |
$186,000 | $417,000 |
$93,000 | $275,000 |
| Black or African American |
192 | $15,913,000 |
$82,000 | $568,000 |
$52,000 | $336,000 |
| Hispanic |
90 | $5,901,000 |
$65,000 | $396,000 |
$67,000 | $559,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $175,000 |
$87,000 | $102,000 |
$45,000 | $50,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
111 | $6,960,000 |
$62,000 | $415,000 |
$56,000 | $166,000 |
| White |
3,223 | $345,448,000 |
$107,000 | $1,272,000 |
$63,000 | $978,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,688 | $388,814,000 |
$105,000 | $1,272,000 |
$64,000 | $978,000 |
| FHA-insured (Federal Housing Administration) |
8 | $815,000 |
$101,000 | $163,000 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
11 | $1,035,000 |
$94,000 | $149,000 |
$0 | $0 |
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| Application Approved But Not Accepted |
43 | $818,000 |
$19,000 | $315,000 |
$67,000 | $200,000 |
| Application Denied By Financial Institution |
307 | $16,696,000 |
$54,000 | $414,000 |
$55,000 | $700,000 |
| Application Withdrawn By Applicant |
249 | $27,185,000 |
$109,000 | $795,000 |
$80,000 | $978,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2,206 | $256,390,000 |
$116,000 | $1,272,000 |
$71,000 | $625,000 |
| Loan Purchased By The Institution |
19 | $1,850,000 |
$97,000 | $163,000 |
$0 | $0 |
| Preapproval Approved but not Accepted |
288 | $34,997,000 |
$121,000 | $880,000 |
$49,000 | $260,000 |
| Preapproval Denied by Financial Institution |
595 | $52,728,000 |
$88,000 | $568,000 |
$40,000 | $239,000 |
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| Collateral |
96 | $2,774,000 |
$28,000 | $355,000 |
$61,000 | $472,000 |
| Credit Application Incomplete |
1 | $2,000 |
$2,000 | $2,000 |
$45,000 | $45,000 |
| Credit History |
598 | $50,960,000 |
$85,000 | $568,000 |
$44,000 | $700,000 |
| Debt-To-Income Ratio |
183 | $14,321,000 |
$78,000 | $414,000 |
$41,000 | $138,000 |
| Employment History |
4 | $49,000 |
$12,000 | $30,000 |
$25,000 | $37,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
10 | $739,000 |
$73,000 | $100,000 |
$43,000 | $72,000 |
| Other |
7 | $525,000 |
$75,000 | $200,000 |
$37,000 | $96,000 |
| Unverifiable Information |
3 | $54,000 |
$18,000 | $24,000 |
$46,000 | $63,000 |
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Mortgage Loan App Totals for CEFCU by:
Metropolitan Area And
County
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