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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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CUNA MUTUAL MORTGAGE CORPORATI
Mortgage Loans and Application Details
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| Mortgage Company Name |
CUNA MUTUAL MORTGAGE CORPORATI |
| Address | 2908 MARKETPLACE DRIVE SUITE 100
MADISON, WI 53719 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 16,487 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,244,347,000 |
| Average Mortgage Loan Amount Applied For | $124,394 |
| Highest Mortgage Loan Amount Applied For | $850,000 |
| Average Applicant Income | $60,803 |
| Highest Applicant Income | $720,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
6,387 | $858,495,000 |
$149,788 | $850,000 |
$65,076 | $720,000 |
| Refinancing |
10,106 | $1,386,702,000 |
$135,039 | $835,000 |
$59,372 | $644,000 |
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| American Indian or Alaskan Native |
47 | $5,337,000 |
$126,684 | $225,000 |
$67,315 | $164,000 |
| Asian |
78 | $14,617,000 |
$167,291 | $600,000 |
$71,833 | $310,000 |
| Black or African American |
456 | $58,477,000 |
$126,500 | $500,000 |
$57,944 | $307,000 |
| Hispanic |
215 | $35,014,000 |
$151,575 | $511,000 |
$63,212 | $300,000 |
| Native Hawaiin or Other Pacific Islander |
27 | $3,675,000 |
$129,941 | $357,000 |
$61,058 | $126,000 |
| Not applicable |
8,980 | $1,237,657,000 |
$145,820 | $850,000 |
$65,040 | $720,000 |
| Not Provided |
1,890 | $269,131,000 |
$138,280 | $675,000 |
$57,500 | $360,000 |
| White |
4,800 | $621,289,000 |
$140,480 | $835,000 |
$62,288 | $499,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
16,245 | $2,214,670,000 |
$139,538 | $850,000 |
$61,750 | $720,000 |
| FHA-insured (Federal Housing Administration) |
118 | $12,550,000 |
$114,578 | $275,000 |
$49,263 | $150,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $300,000 |
$300,000 | $300,000 |
$81,000 | $81,000 |
| VA-guaranteed (Veterans Administration) |
129 | $17,677,000 |
$132,241 | $360,000 |
$50,448 | $151,000 |
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| Application Approved But Not Accepted |
2,249 | $308,388,000 |
$142,431 | $675,000 |
$57,509 | $300,000 |
| Application Denied By Financial Institution |
972 | $120,333,000 |
$125,800 | $675,000 |
$53,920 | $358,000 |
| Application Withdrawn By Applicant |
5,019 | $688,574,000 |
$141,000 | $850,000 |
$59,340 | $720,000 |
| File Closed For Incompleteness |
32 | $3,313,000 |
$105,150 | $312,000 |
$48,750 | $170,000 |
| Loan Originated |
2,985 | $401,483,000 |
$137,846 | $835,000 |
$67,865 | $499,000 |
| Loan Purchased By The Institution |
5,236 | $723,106,000 |
$142,460 | $591,000 |
$65,080 | $644,000 |
| 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 |
163 | $18,656,000 |
$116,309 | $523,000 |
$62,000 | $237,000 |
| Credit Application Incomplete |
13 | $1,844,000 |
$128,000 | $360,000 |
$49,666 | $135,000 |
| Credit History |
532 | $62,847,000 |
$120,146 | $504,000 |
$51,902 | $358,000 |
| Debt-To-Income Ratio |
138 | $21,366,000 |
$147,361 | $675,000 |
$47,750 | $130,000 |
| Employment History |
16 | $1,983,000 |
$128,000 | $294,000 |
$50,461 | $168,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
12 | $1,449,000 |
$131,000 | $443,000 |
$62,000 | $157,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
92 | $11,128,000 |
$131,235 | $600,000 |
$55,617 | $209,000 |
| Unverifiable Information |
6 | $1,060,000 |
$183,600 | $360,000 |
$58,600 | $97,000 |
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Mortgage Loan App Totals for CUNA MUTUAL MORTGAGE CORPORATI by:
Metropolitan Area And
County
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