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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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CU MORTGAGE DIRECT, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
CU MORTGAGE DIRECT, LLC |
| Address | 5010 S SOLBERG AVE
SIOUX FALLS, SD 57108 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 598 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $70,920,000 |
| Average Mortgage Loan Amount Applied For | $120,604 |
| Highest Mortgage Loan Amount Applied For | $640,000 |
| Average Applicant Income | $55,162 |
| Highest Applicant Income | $594,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
367 | $41,988,000 |
$114,000 | $500,000 |
$54,000 | $594,000 |
| Refinancing |
231 | $28,932,000 |
$125,000 | $640,000 |
$61,000 | $545,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
4 | $461,000 |
$115,000 | $180,000 |
$54,000 | $106,000 |
| Black or African American |
5 | $729,000 |
$145,000 | $233,000 |
$73,000 | $209,000 |
| Hispanic |
3 | $316,000 |
$105,000 | $123,000 |
$38,000 | $39,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $90,000 |
$90,000 | $90,000 |
$56,000 | $56,000 |
| White |
585 | $69,324,000 |
$118,000 | $640,000 |
$57,000 | $594,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
495 | $59,867,000 |
$120,000 | $640,000 |
$60,000 | $594,000 |
| FHA-insured (Federal Housing Administration) |
25 | $3,226,000 |
$129,000 | $512,000 |
$53,000 | $105,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
63 | $5,377,000 |
$85,000 | $184,000 |
$35,000 | $61,000 |
| VA-guaranteed (Veterans Administration) |
15 | $2,450,000 |
$163,000 | $331,000 |
$56,000 | $109,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
19 | $2,240,000 |
$117,000 | $217,000 |
$49,000 | $77,000 |
| Application Withdrawn By Applicant |
128 | $14,871,000 |
$116,000 | $512,000 |
$59,000 | $545,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
451 | $53,809,000 |
$119,000 | $640,000 |
$57,000 | $594,000 |
| 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 | $289,000 |
$144,000 | $154,000 |
$59,000 | $67,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
12 | $1,314,000 |
$109,000 | $217,000 |
$48,000 | $70,000 |
| Debt-To-Income Ratio |
3 | $393,000 |
$131,000 | $161,000 |
$36,000 | $45,000 |
| 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 |
2 | $244,000 |
$122,000 | $144,000 |
$63,000 | $77,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CU MORTGAGE DIRECT, LLC by:
Metropolitan Area And
County
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