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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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COMMUNICATION FEDERAL CU
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNICATION FEDERAL CU |
| Address | 4141 NW EXPRESSWAY, SUITE 200
OKLAHOMA CITY, OK 73116 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 714 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $23,322,000 |
| Average Mortgage Loan Amount Applied For | $37,948 |
| Highest Mortgage Loan Amount Applied For | $363,000 |
| Average Applicant Income | $65,017 |
| Highest Applicant Income | $298,000 |
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| Home Improvement |
533 | $7,344,000 |
$13,000 | $200,000 |
$61,000 | $298,000 |
| Home Purchase |
91 | $8,869,000 |
$97,000 | $363,000 |
$72,000 | $265,000 |
| Refinancing |
91 | $7,234,000 |
$79,000 | $330,000 |
$74,000 | $265,000 |
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| American Indian or Alaskan Native |
5 | $217,000 |
$43,000 | $100,000 |
$74,000 | $124,000 |
| Asian |
1 | $4,000 |
$4,000 | $4,000 |
$135,000 | $135,000 |
| Black or African American |
66 | $1,922,000 |
$29,000 | $178,000 |
$53,000 | $236,000 |
| Hispanic |
22 | $779,000 |
$35,000 | $153,000 |
$55,000 | $121,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $34,000 |
$8,000 | $12,000 |
$57,000 | $60,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
154 | $3,856,000 |
$25,000 | $248,000 |
$52,000 | $165,000 |
| White |
463 | $16,635,000 |
$35,000 | $363,000 |
$71,000 | $298,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
714 | $23,443,000 |
$32,000 | $363,000 |
$64,000 | $298,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $4,000 |
$4,000 | $4,000 |
$40,000 | $40,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
1 | $31,000 |
$31,000 | $31,000 |
$70,000 | $70,000 |
| Application Denied By Financial Institution |
99 | $2,616,000 |
$26,000 | $185,000 |
$45,000 | $143,000 |
| Application Withdrawn By Applicant |
131 | $5,704,000 |
$43,000 | $275,000 |
$63,000 | $265,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
484 | $15,096,000 |
$31,000 | $363,000 |
$69,000 | $298,000 |
| 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 |
10 | $556,000 |
$55,000 | $123,000 |
$63,000 | $109,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
63 | $1,609,000 |
$25,000 | $150,000 |
$42,000 | $91,000 |
| Debt-To-Income Ratio |
24 | $410,000 |
$17,000 | $185,000 |
$45,000 | $143,000 |
| Employment History |
2 | $41,000 |
$20,000 | $35,000 |
$40,000 | $42,000 |
| 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 COMMUNICATION FEDERAL CU by:
Metropolitan Area And
County
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