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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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COVENTRY CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
COVENTRY CREDIT UNION |
| Address | 2006 NOOSENECK HILL ROAD
COVENTRY, RI 02816 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 187 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $13,234,000 |
| Average Mortgage Loan Amount Applied For | $56,000 |
| Highest Mortgage Loan Amount Applied For | $338,000 |
| Average Applicant Income | $68,375 |
| Highest Applicant Income | $281,000 |
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| Home Improvement |
150 | $5,369,000 |
$35,000 | $120,000 |
$83,000 | $281,000 |
| Home Purchase |
37 | $7,865,000 |
$212,000 | $338,000 |
$82,000 | $169,000 |
| Refinancing |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $40,000 |
$20,000 | $30,000 |
$112,000 | $193,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $98,000 |
$98,000 | $98,000 |
$38,000 | $38,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
10 | $335,000 |
$33,000 | $65,000 |
$64,000 | $165,000 |
| White |
174 | $12,761,000 |
$73,000 | $338,000 |
$84,000 | $281,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
187 | $13,234,000 |
$70,000 | $338,000 |
$83,000 | $281,000 |
| 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 |
5 | $160,000 |
$32,000 | $50,000 |
$87,000 | $193,000 |
| Application Denied By Financial Institution |
20 | $680,000 |
$34,000 | $75,000 |
$68,000 | $193,000 |
| Application Withdrawn By Applicant |
11 | $743,000 |
$67,000 | $318,000 |
$69,000 | $126,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
151 | $11,651,000 |
$77,000 | $338,000 |
$86,000 | $281,000 |
| 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 COVENTRY CREDIT UNION by:
Metropolitan Area And
County
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