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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 WEST
Mortgage Loans and Application Details
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| Mortgage Company Name |
CREDIT UNION WEST |
| Address | 5811 WEST TALAVI BLVD
GLENDALE, AZ 85306 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 275 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $39,137,000 |
| Average Mortgage Loan Amount Applied For | $211,750 |
| Highest Mortgage Loan Amount Applied For | $450,000 |
| Average Applicant Income | $92,750 |
| Highest Applicant Income | $403,000 |
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| Home Improvement |
15 | $541,000 |
$36,000 | $125,000 |
$68,000 | $197,000 |
| Home Purchase |
12 | $2,070,000 |
$172,000 | $450,000 |
$56,000 | $101,000 |
| Refinancing |
248 | $36,526,000 |
$147,000 | $365,000 |
$75,000 | $403,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
10 | $1,449,000 |
$144,000 | $324,000 |
$64,000 | $150,000 |
| Black or African American |
28 | $4,069,000 |
$145,000 | $265,000 |
$78,000 | $180,000 |
| Hispanic |
20 | $2,305,000 |
$115,000 | $203,000 |
$68,000 | $106,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $795,000 |
$198,000 | $268,000 |
$46,000 | $70,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
27 | $5,162,000 |
$191,000 | $450,000 |
$70,000 | $126,000 |
| White |
186 | $25,357,000 |
$136,000 | $365,000 |
$75,000 | $403,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
274 | $38,885,000 |
$141,000 | $450,000 |
$74,000 | $403,000 |
| 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) |
1 | $252,000 |
$252,000 | $252,000 |
$33,000 | $33,000 |
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| Application Approved But Not Accepted |
4 | $893,000 |
$223,000 | $249,000 |
$98,000 | $180,000 |
| Application Denied By Financial Institution |
36 | $6,828,000 |
$189,000 | $450,000 |
$71,000 | $171,000 |
| Application Withdrawn By Applicant |
14 | $2,313,000 |
$165,000 | $257,000 |
$92,000 | $403,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
221 | $29,103,000 |
$131,000 | $332,000 |
$73,000 | $197,000 |
| 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 |
5 | $809,000 |
$161,000 | $259,000 |
$58,000 | $68,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
22 | $3,930,000 |
$178,000 | $273,000 |
$76,000 | $162,000 |
| Debt-To-Income Ratio |
7 | $1,731,000 |
$247,000 | $450,000 |
$45,000 | $72,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $174,000 |
$174,000 | $174,000 |
$96,000 | $96,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $184,000 |
$184,000 | $184,000 |
$171,000 | $171,000 |
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Mortgage Loan App Totals for CREDIT UNION WEST by:
Metropolitan Area And
County
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