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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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COMMUNITY CHOICE CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNITY CHOICE CREDIT UNION |
| Address | 1351 NW 114TH STREET
CLIVE, IA 50325 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 24 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,087,000 |
| Average Mortgage Loan Amount Applied For | $103,600 |
| Highest Mortgage Loan Amount Applied For | $280,000 |
| Average Applicant Income | $54,400 |
| Highest Applicant Income | $157,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
37 | $4,554,000 |
$123,000 | $280,000 |
$54,000 | $157,000 |
| Refinancing |
19 | $2,072,000 |
$109,000 | $230,000 |
$56,000 | $142,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $280,000 |
$280,000 | $280,000 |
$157,000 | $157,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
1 | $163,000 |
$163,000 | $163,000 |
$35,000 | $35,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
26 | $2,783,000 |
$107,000 | $190,000 |
$49,000 | $142,000 |
| White |
28 | $3,400,000 |
$121,000 | $230,000 |
$57,000 | $146,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
56 | $6,626,000 |
$118,000 | $280,000 |
$54,000 | $157,000 |
| 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 |
7 | $734,000 |
$104,000 | $137,000 |
$48,000 | $73,000 |
| Application Withdrawn By Applicant |
9 | $955,000 |
$106,000 | $230,000 |
$58,000 | $142,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
10 | $1,586,000 |
$158,000 | $280,000 |
$94,000 | $157,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
13 | $1,588,000 |
$122,000 | $180,000 |
$47,000 | $78,000 |
| Preapproval Denied by Financial Institution |
17 | $1,763,000 |
$103,000 | $190,000 |
$38,000 | $73,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
12 | $1,208,000 |
$100,000 | $190,000 |
$41,000 | $73,000 |
| Debt-To-Income Ratio |
5 | $601,000 |
$120,000 | $162,000 |
$44,000 | $73,000 |
| 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 |
4 | $380,000 |
$95,000 | $150,000 |
$33,000 | $54,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for COMMUNITY CHOICE CREDIT UNION by:
Metropolitan Area And
County
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