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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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CREDIT UNION 1
Mortgage Loans and Application Details
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| Mortgage Company Name |
CREDIT UNION 1 |
| Address | 1941 ABBOTT ROAD
ANCHORAGE, AK 99507 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 254 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $25,724,000 |
| Average Mortgage Loan Amount Applied For | $113,818 |
| Highest Mortgage Loan Amount Applied For | $380,000 |
| Average Applicant Income | $67,181 |
| Highest Applicant Income | $554,000 |
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| Home Improvement |
109 | $5,622,000 |
$51,000 | $300,000 |
$79,000 | $293,000 |
| Home Purchase |
56 | $9,353,000 |
$167,000 | $380,000 |
$70,000 | $554,000 |
| Refinancing |
89 | $10,749,000 |
$120,000 | $314,000 |
$58,000 | $169,000 |
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| American Indian or Alaskan Native |
21 | $1,962,000 |
$93,000 | $280,000 |
$60,000 | $168,000 |
| Asian |
6 | $659,000 |
$109,000 | $297,000 |
$42,000 | $66,000 |
| Black or African American |
7 | $493,000 |
$70,000 | $212,000 |
$73,000 | $106,000 |
| Hispanic |
7 | $565,000 |
$80,000 | $174,000 |
$35,000 | $71,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $252,000 |
$252,000 | $252,000 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
65 | $8,480,000 |
$130,000 | $300,000 |
$68,000 | $307,000 |
| White |
147 | $13,313,000 |
$90,000 | $380,000 |
$75,000 | $554,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
254 | $25,724,000 |
$101,000 | $380,000 |
$70,000 | $554,000 |
| 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 |
2 | $205,000 |
$102,000 | $180,000 |
$78,000 | $81,000 |
| Application Denied By Financial Institution |
79 | $9,720,000 |
$123,000 | $314,000 |
$50,000 | $244,000 |
| Application Withdrawn By Applicant |
60 | $7,081,000 |
$118,000 | $380,000 |
$74,000 | $554,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
113 | $8,718,000 |
$77,000 | $325,000 |
$82,000 | $185,000 |
| 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 |
2 | $290,000 |
$145,000 | $240,000 |
$1,000 | $2,000 |
| Credit Application Incomplete |
23 | $3,743,000 |
$162,000 | $306,000 |
$56,000 | $244,000 |
| Credit History |
28 | $3,401,000 |
$121,000 | $270,000 |
$58,000 | $154,000 |
| Debt-To-Income Ratio |
23 | $2,000,000 |
$86,000 | $314,000 |
$40,000 | $114,000 |
| Employment History |
3 | $286,000 |
$95,000 | $156,000 |
$22,000 | $34,000 |
| 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 CREDIT UNION 1 by:
Metropolitan Area And
County
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