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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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COLORAMO FEDERAL CU
Mortgage Loans and Application Details
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| Mortgage Company Name |
COLORAMO FEDERAL CU |
| Address | 516 28 ROAD
GRAND JUNCTION, CO 81501 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 41 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,173,000 |
| Average Mortgage Loan Amount Applied For | $35,000 |
| Highest Mortgage Loan Amount Applied For | $220,000 |
| Average Applicant Income | $49,500 |
| Highest Applicant Income | $128,000 |
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| Home Improvement |
12 | $343,000 |
$28,000 | $53,000 |
$57,000 | $110,000 |
| Home Purchase |
6 | $863,000 |
$143,000 | $220,000 |
$69,000 | $89,000 |
| Refinancing |
23 | $967,000 |
$42,000 | $190,000 |
$57,000 | $128,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
6 | $346,000 |
$57,000 | $220,000 |
$73,000 | $110,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
16 | $956,000 |
$59,000 | $220,000 |
$49,000 | $84,000 |
| White |
19 | $871,000 |
$45,000 | $190,000 |
$62,000 | $128,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
41 | $2,173,000 |
$53,000 | $220,000 |
$59,000 | $128,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
11 | $761,000 |
$69,000 | $190,000 |
$53,000 | $128,000 |
| Application Withdrawn By Applicant |
7 | $584,000 |
$83,000 | $220,000 |
$66,000 | $110,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
23 | $828,000 |
$36,000 | $85,000 |
$60,000 | $106,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $420,000 |
$105,000 | $190,000 |
$64,000 | $128,000 |
| Debt-To-Income Ratio |
5 | $229,000 |
$45,000 | $120,000 |
$44,000 | $84,000 |
| Employment History |
2 | $112,000 |
$56,000 | $85,000 |
$53,000 | $58,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for COLORAMO FEDERAL CU by:
Metropolitan Area And
County
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