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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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CENTRAL FLORIDA EDUCATORS' FCU
Mortgage Loans and Application Details
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| Mortgage Company Name |
CENTRAL FLORIDA EDUCATORS' FCU |
| Address | 1200 WEBER ST.
ORLANDO, FL 32803 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 648 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $104,178,000 |
| Average Mortgage Loan Amount Applied For | $143,555 |
| Highest Mortgage Loan Amount Applied For | $500,000 |
| Average Applicant Income | $65,333 |
| Highest Applicant Income | $481,000 |
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| Home Improvement |
151 | $23,529,000 |
$155,000 | $350,000 |
$69,000 | $408,000 |
| Home Purchase |
183 | $33,311,000 |
$182,000 | $500,000 |
$56,000 | $264,000 |
| Refinancing |
400 | $63,956,000 |
$159,000 | $450,000 |
$67,000 | $481,000 |
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| American Indian or Alaskan Native |
6 | $702,000 |
$117,000 | $266,000 |
$44,000 | $51,000 |
| Asian |
15 | $2,815,000 |
$187,000 | $300,000 |
$88,000 | $183,000 |
| Black or African American |
87 | $12,518,000 |
$143,000 | $275,000 |
$57,000 | $149,000 |
| Hispanic |
111 | $18,445,000 |
$166,000 | $375,000 |
$60,000 | $408,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $177,000 |
$177,000 | $177,000 |
$148,000 | $148,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
148 | $25,269,000 |
$170,000 | $400,000 |
$54,000 | $185,000 |
| White |
366 | $60,870,000 |
$166,000 | $500,000 |
$71,000 | $481,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
734 | $120,796,000 |
$164,000 | $500,000 |
$65,000 | $481,000 |
| 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 |
10 | $1,312,000 |
$131,000 | $220,000 |
$66,000 | $162,000 |
| Application Denied By Financial Institution |
204 | $34,009,000 |
$166,000 | $450,000 |
$61,000 | $412,000 |
| Application Withdrawn By Applicant |
121 | $20,454,000 |
$169,000 | $500,000 |
$75,000 | $481,000 |
| File Closed For Incompleteness |
8 | $1,766,000 |
$220,000 | $270,000 |
$94,000 | $185,000 |
| Loan Originated |
309 | $47,347,000 |
$153,000 | $384,000 |
$66,000 | $301,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
5 | $1,103,000 |
$220,000 | $283,000 |
$46,000 | $84,000 |
| Preapproval Denied by Financial Institution |
77 | $14,805,000 |
$192,000 | $400,000 |
$48,000 | $185,000 |
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| Collateral |
12 | $1,551,000 |
$129,000 | $270,000 |
$68,000 | $131,000 |
| Credit Application Incomplete |
12 | $1,956,000 |
$163,000 | $350,000 |
$69,000 | $131,000 |
| Credit History |
114 | $19,538,000 |
$171,000 | $450,000 |
$68,000 | $412,000 |
| Debt-To-Income Ratio |
106 | $19,605,000 |
$184,000 | $391,000 |
$46,000 | $179,000 |
| Employment History |
11 | $1,953,000 |
$177,000 | $276,000 |
$74,000 | $161,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
21 | $3,596,000 |
$171,000 | $265,000 |
$39,000 | $75,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $187,000 |
$93,000 | $116,000 |
$35,000 | $36,000 |
| Unverifiable Information |
1 | $83,000 |
$83,000 | $83,000 |
$42,000 | $42,000 |
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Mortgage Loan App Totals for CENTRAL FLORIDA EDUCATORS' FCU by:
Metropolitan Area And
County
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