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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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COPOCO COMMUNITY CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
COPOCO COMMUNITY CREDIT UNION |
| Address | 4265 E. WILDER RD. / P.O. BOX 1520
BAY CITY, MI 48706 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 87 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,689,000 |
| Average Mortgage Loan Amount Applied For | $79,615 |
| Highest Mortgage Loan Amount Applied For | $475,000 |
| Average Applicant Income | $92,615 |
| Highest Applicant Income | $540,000 |
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| Home Improvement |
15 | $476,000 |
$31,000 | $87,000 |
$47,000 | $74,000 |
| Home Purchase |
33 | $2,572,000 |
$77,000 | $475,000 |
$85,000 | $540,000 |
| Refinancing |
39 | $2,641,000 |
$67,000 | $305,000 |
$53,000 | $121,000 |
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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 |
3 | $103,000 |
$34,000 | $53,000 |
$86,000 | $186,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
1 | $55,000 |
$55,000 | $55,000 |
$55,000 | $55,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
19 | $1,560,000 |
$82,000 | $475,000 |
$97,000 | $540,000 |
| White |
64 | $3,971,000 |
$62,000 | $305,000 |
$54,000 | $227,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
87 | $5,689,000 |
$65,000 | $475,000 |
$64,000 | $540,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
8 | $964,000 |
$120,000 | $305,000 |
$73,000 | $121,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
79 | $4,725,000 |
$59,000 | $475,000 |
$63,000 | $540,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 COPOCO COMMUNITY CREDIT UNION by:
Metropolitan Area And
County
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