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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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CMT FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
CMT FEDERAL CREDIT UNION |
| Address | 1000 UNION AVE
FAIRFIELD, CA 94533 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 256 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $27,914,000 |
| Average Mortgage Loan Amount Applied For | $113,428 |
| Highest Mortgage Loan Amount Applied For | $650,000 |
| Average Applicant Income | $83,142 |
| Highest Applicant Income | $779,000 |
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| Home Improvement |
136 | $6,773,000 |
$49,000 | $200,000 |
$95,000 | $779,000 |
| Home Purchase |
20 | $2,890,000 |
$144,000 | $459,000 |
$80,000 | $135,000 |
| Refinancing |
102 | $18,526,000 |
$181,000 | $650,000 |
$90,000 | $317,000 |
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| American Indian or Alaskan Native |
6 | $374,000 |
$62,000 | $120,000 |
$73,000 | $95,000 |
| Asian |
7 | $443,000 |
$63,000 | $150,000 |
$103,000 | $228,000 |
| Black or African American |
23 | $2,016,000 |
$87,000 | $415,000 |
$73,000 | $145,000 |
| Hispanic |
45 | $6,118,000 |
$135,000 | $407,000 |
$78,000 | $174,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $250,000 |
$83,000 | $115,000 |
$94,000 | $145,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
27 | $3,161,000 |
$117,000 | $500,000 |
$109,000 | $255,000 |
| White |
147 | $15,827,000 |
$107,000 | $650,000 |
$97,000 | $779,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
258 | $28,189,000 |
$109,000 | $650,000 |
$92,000 | $779,000 |
| 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 |
11 | $605,000 |
$55,000 | $100,000 |
$76,000 | $187,000 |
| Application Denied By Financial Institution |
22 | $2,882,000 |
$131,000 | $407,000 |
$74,000 | $192,000 |
| Application Withdrawn By Applicant |
14 | $2,695,000 |
$192,000 | $500,000 |
$78,000 | $188,000 |
| File Closed For Incompleteness |
2 | $90,000 |
$45,000 | $60,000 |
$58,000 | $82,000 |
| Loan Originated |
209 | $21,917,000 |
$104,000 | $650,000 |
$96,000 | $779,000 |
| 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 | $79,000 |
$26,000 | $35,000 |
$98,000 | $174,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $1,597,000 |
$319,000 | $407,000 |
$69,000 | $94,000 |
| Debt-To-Income Ratio |
4 | $530,000 |
$132,000 | $360,000 |
$31,000 | $50,000 |
| 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 |
2 | $370,000 |
$185,000 | $320,000 |
$115,000 | $135,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CMT FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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