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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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CHEVRON FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
CHEVRON FEDERAL CREDIT UNION |
| Address | 475 14TH STREET 9TH FLOOR
OAKLAND, CA 94612 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 496 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $125,736,000 |
| Average Mortgage Loan Amount Applied For | $217,541 |
| Highest Mortgage Loan Amount Applied For | $2,320,000 |
| Average Applicant Income | $119,183 |
| Highest Applicant Income | $467,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
396 | $94,455,000 |
$238,000 | $2,320,000 |
$119,000 | $467,000 |
| Refinancing |
273 | $76,428,000 |
$279,000 | $1,120,000 |
$101,000 | $330,000 |
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| American Indian or Alaskan Native |
3 | $325,000 |
$108,000 | $200,000 |
$111,000 | $139,000 |
| Asian |
24 | $8,167,000 |
$340,000 | $880,000 |
$117,000 | $314,000 |
| Black or African American |
23 | $3,568,000 |
$155,000 | $720,000 |
$98,000 | $155,000 |
| Hispanic |
52 | $12,918,000 |
$248,000 | $1,100,000 |
$101,000 | $280,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $1,257,000 |
$314,000 | $440,000 |
$101,000 | $141,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
364 | $88,843,000 |
$244,000 | $1,008,000 |
$108,000 | $411,000 |
| White |
199 | $55,805,000 |
$280,000 | $2,320,000 |
$122,000 | $467,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
669 | $170,883,000 |
$255,000 | $2,320,000 |
$112,000 | $467,000 |
| 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 |
12 | $1,587,000 |
$132,000 | $302,000 |
$93,000 | $176,000 |
| Application Denied By Financial Institution |
239 | $60,081,000 |
$251,000 | $1,500,000 |
$107,000 | $330,000 |
| Application Withdrawn By Applicant |
106 | $23,164,000 |
$218,000 | $1,120,000 |
$109,000 | $312,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
312 | $86,051,000 |
$275,000 | $2,320,000 |
$117,000 | $467,000 |
| 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 |
3 | $117,000 |
$39,000 | $69,000 |
$109,000 | $149,000 |
| Credit Application Incomplete |
153 | $38,685,000 |
$252,000 | $1,500,000 |
$112,000 | $311,000 |
| Credit History |
29 | $5,676,000 |
$195,000 | $460,000 |
$87,000 | $155,000 |
| Debt-To-Income Ratio |
15 | $4,688,000 |
$312,000 | $855,000 |
$84,000 | $196,000 |
| Employment History |
2 | $250,000 |
$125,000 | $150,000 |
$42,000 | $58,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $258,000 |
$129,000 | $240,000 |
$36,000 | $38,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
19 | $4,465,000 |
$235,000 | $600,000 |
$126,000 | $330,000 |
| Unverifiable Information |
1 | $200,000 |
$200,000 | $200,000 |
$120,000 | $120,000 |
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Mortgage Loan App Totals for CHEVRON FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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