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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 FIRST CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNITY FIRST CREDIT UNION |
| Address | 1010 NORTH CHURCH AVENUE
MULBERRY, FL 33860 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 91 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,954,000 |
| Average Mortgage Loan Amount Applied For | $339,000 |
| Highest Mortgage Loan Amount Applied For | $850,000 |
| Average Applicant Income | $341,500 |
| Highest Applicant Income | $911,000 |
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| Home Improvement |
1 | $62,000 |
$62,000 | $62,000 |
$83,000 | $83,000 |
| Home Purchase |
23 | $3,645,000 |
$158,000 | $700,000 |
$127,000 | $911,000 |
| Refinancing |
67 | $7,247,000 |
$108,000 | $850,000 |
$75,000 | $601,000 |
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| American Indian or Alaskan Native |
1 | $28,000 |
$28,000 | $28,000 |
$26,000 | $26,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
8 | $884,000 |
$110,000 | $190,000 |
$58,000 | $95,000 |
| Hispanic |
2 | $128,000 |
$64,000 | $78,000 |
$33,000 | $39,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
80 | $9,914,000 |
$123,000 | $850,000 |
$93,000 | $911,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
91 | $10,954,000 |
$120,000 | $850,000 |
$88,000 | $911,000 |
| 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 | $1,080,000 |
$98,000 | $190,000 |
$58,000 | $95,000 |
| Application Withdrawn By Applicant |
4 | $278,000 |
$69,000 | $150,000 |
$40,000 | $57,000 |
| File Closed For Incompleteness |
8 | $435,000 |
$54,000 | $96,000 |
$51,000 | $111,000 |
| Loan Originated |
68 | $9,161,000 |
$134,000 | $850,000 |
$100,000 | $911,000 |
| 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 |
8 | $780,000 |
$97,000 | $175,000 |
$55,000 | $95,000 |
| Debt-To-Income Ratio |
2 | $235,000 |
$117,000 | $190,000 |
$79,000 | $86,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for COMMUNITY FIRST CREDIT UNION by:
Metropolitan Area And
County
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