|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
CREDIT UNION FINANCIAL SERVICE
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
CREDIT UNION FINANCIAL SERVICE |
| Address | 131 NORTHPARK TRAIL
STOCKBRIDGE, GA 30281 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 889 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $108,342,000 |
| Average Mortgage Loan Amount Applied For | $112,375 |
| Highest Mortgage Loan Amount Applied For | $600,000 |
| Average Applicant Income | $70,193 |
| Highest Applicant Income | $504,000 |
|
|
|
| Home Improvement (one-to-four family) |
1 | $80,000 |
$80,000 | $80,000 |
$35,000 | $35,000 |
| Home Purchase (one-to-four family) |
111 | $16,039,000 |
$160,500 | $600,000 |
$99,000 | $504,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
777 | $92,223,000 |
$116,727 | $500,000 |
$80,909 | $214,000 |
|
|
| American Indian or Alaskan Native |
12 | $1,134,000 |
$94,000 | $136,000 |
$54,000 | $100,000 |
| Asian or Pacific Islander |
9 | $1,056,000 |
$132,500 | $152,000 |
$110,500 | $144,000 |
| Black |
237 | $28,192,000 |
$115,000 | $381,000 |
$63,000 | $214,000 |
| Hispanic |
12 | $1,367,000 |
$116,000 | $230,000 |
$62,500 | $127,000 |
| Information not provided by applicant in mail or telephone application |
88 | $10,620,000 |
$99,000 | $600,000 |
$65,500 | $232,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $410,000 |
$136,000 | $187,000 |
$57,000 | $86,000 |
| White |
528 | $65,563,000 |
$142,923 | $504,000 |
$93,000 | $504,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
889 | $108,342,000 |
$134,928 | $600,000 |
$90,571 | $504,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
28 | $3,058,000 |
$109,000 | $245,000 |
$59,000 | $158,000 |
| Application Withdrawn By Applicant |
52 | $5,897,000 |
$87,000 | $320,000 |
$68,500 | $139,000 |
| File Closed For Incompleteness |
20 | $2,685,000 |
$134,000 | $228,000 |
$54,000 | $103,000 |
| Loan Originated |
789 | $96,702,000 |
$135,571 | $600,000 |
$91,214 | $504,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
8 | $755,000 |
$94,000 | $115,000 |
$61,000 | $158,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $640,000 |
$128,000 | $217,000 |
$69,000 | $138,000 |
| Debt-To-Income Ratio |
6 | $661,000 |
$110,000 | $245,000 |
$52,000 | $101,000 |
| Employment History |
2 | $172,000 |
$86,000 | $109,000 |
$39,000 | $39,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $132,000 |
$132,000 | $132,000 |
$61,000 | $61,000 |
| Mortgage Insurance Denied |
1 | $199,000 |
$199,000 | $199,000 |
$94,000 | $94,000 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for CREDIT UNION FINANCIAL SERVICE by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
