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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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CORPORATE AMERICA FAMILY CREDI
Mortgage Loans and Application Details
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| Mortgage Company Name |
CORPORATE AMERICA FAMILY CREDI |
| Address | 1707 N. RANDALL RD STE 1C-8
ELGIN, IL 60123 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 405 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $35,595,000 |
| Average Mortgage Loan Amount Applied For | $106,539 |
| Highest Mortgage Loan Amount Applied For | $541,000 |
| Average Applicant Income | $81,171 |
| Highest Applicant Income | $240,000 |
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| Home Improvement |
248 | $9,663,000 |
$38,000 | $284,000 |
$87,000 | $217,000 |
| Home Purchase |
92 | $16,936,000 |
$184,000 | $750,000 |
$87,000 | $1,166,000 |
| Refinancing |
90 | $14,896,000 |
$165,000 | $541,000 |
$74,000 | $240,000 |
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| American Indian or Alaskan Native |
5 | $87,000 |
$17,000 | $30,000 |
$87,000 | $121,000 |
| Asian |
9 | $1,269,000 |
$141,000 | $370,000 |
$98,000 | $145,000 |
| Black or African American |
49 | $4,699,000 |
$95,000 | $284,000 |
$81,000 | $1,166,000 |
| Hispanic |
30 | $3,090,000 |
$103,000 | $305,000 |
$65,000 | $147,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
73 | $6,771,000 |
$92,000 | $750,000 |
$90,000 | $208,000 |
| White |
264 | $25,579,000 |
$96,000 | $541,000 |
$85,000 | $497,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
430 | $41,495,000 |
$96,000 | $750,000 |
$84,000 | $1,166,000 |
| 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 |
9 | $1,858,000 |
$206,000 | $417,000 |
$64,000 | $100,000 |
| Application Denied By Financial Institution |
37 | $4,527,000 |
$122,000 | $513,000 |
$60,000 | $177,000 |
| Application Withdrawn By Applicant |
67 | $7,310,000 |
$109,000 | $750,000 |
$102,000 | $1,166,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
316 | $27,550,000 |
$87,000 | $541,000 |
$84,000 | $217,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $250,000 |
$250,000 | $250,000 |
$95,000 | $95,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
4 | $790,000 |
$197,000 | $258,000 |
$61,000 | $90,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
9 | $978,000 |
$108,000 | $190,000 |
$46,000 | $84,000 |
| Debt-To-Income Ratio |
5 | $1,036,000 |
$207,000 | $513,000 |
$60,000 | $96,000 |
| Employment History |
1 | $80,000 |
$80,000 | $80,000 |
$24,000 | $24,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
2 | $252,000 |
$126,000 | $145,000 |
$73,000 | $85,000 |
| Other |
1 | $12,000 |
$12,000 | $12,000 |
$50,000 | $50,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CORPORATE AMERICA FAMILY CREDI by:
Metropolitan Area And
County
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