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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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CENTRA CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
CENTRA CREDIT UNION |
| Address | P. O. BOX 789
COLUMBUS, IN 47202 |
| 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 | 1,555 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $101,360,000 |
| Average Mortgage Loan Amount Applied For | $83,794 |
| Highest Mortgage Loan Amount Applied For | $664,000 |
| Average Applicant Income | $70,904 |
| Highest Applicant Income | $1,745,000 |
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| Home Improvement |
485 | $14,233,000 |
$29,000 | $415,000 |
$65,000 | $285,000 |
| Home Purchase |
606 | $60,312,000 |
$99,000 | $440,000 |
$60,000 | $1,745,000 |
| Refinancing |
685 | $50,524,000 |
$73,000 | $664,000 |
$63,000 | $646,000 |
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| American Indian or Alaskan Native |
6 | $683,000 |
$113,000 | $285,000 |
$130,000 | $368,000 |
| Asian |
16 | $1,952,000 |
$122,000 | $350,000 |
$65,000 | $169,000 |
| Black or African American |
39 | $3,644,000 |
$93,000 | $415,000 |
$62,000 | $297,000 |
| Hispanic |
28 | $2,900,000 |
$103,000 | $223,000 |
$92,000 | $504,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $235,000 |
$117,000 | $160,000 |
$46,000 | $60,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
169 | $9,712,000 |
$57,000 | $400,000 |
$64,000 | $285,000 |
| White |
1,516 | $105,943,000 |
$69,000 | $664,000 |
$61,000 | $1,745,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,775 | $125,049,000 |
$70,000 | $664,000 |
$62,000 | $1,745,000 |
| FHA-insured (Federal Housing Administration) |
1 | $20,000 |
$20,000 | $20,000 |
$48,000 | $48,000 |
| 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 |
93 | $10,180,000 |
$109,000 | $400,000 |
$66,000 | $265,000 |
| Application Denied By Financial Institution |
426 | $31,939,000 |
$74,000 | $650,000 |
$54,000 | $504,000 |
| Application Withdrawn By Applicant |
157 | $12,789,000 |
$81,000 | $350,000 |
$64,000 | $297,000 |
| File Closed For Incompleteness |
51 | $5,774,000 |
$113,000 | $650,000 |
$59,000 | $169,000 |
| Loan Originated |
947 | $52,967,000 |
$55,000 | $664,000 |
$67,000 | $1,745,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
66 | $7,840,000 |
$118,000 | $375,000 |
$59,000 | $177,000 |
| Preapproval Denied by Financial Institution |
36 | $3,580,000 |
$99,000 | $440,000 |
$44,000 | $179,000 |
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| Collateral |
11 | $891,000 |
$81,000 | $160,000 |
$55,000 | $137,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
197 | $18,469,000 |
$93,000 | $650,000 |
$49,000 | $450,000 |
| Debt-To-Income Ratio |
44 | $4,850,000 |
$110,000 | $260,000 |
$56,000 | $461,000 |
| Employment History |
3 | $231,000 |
$77,000 | $96,000 |
$32,000 | $48,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $102,000 |
$51,000 | $77,000 |
$34,000 | $34,000 |
| Mortgage Insurance Denied |
1 | $126,000 |
$126,000 | $126,000 |
$51,000 | $51,000 |
| Other |
5 | $303,000 |
$60,000 | $113,000 |
$45,000 | $63,000 |
| Unverifiable Information |
1 | $61,000 |
$61,000 | $61,000 |
$25,000 | $25,000 |
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Mortgage Loan App Totals for CENTRA CREDIT UNION by:
Metropolitan Area And
County
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