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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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DADE COUNTY FEDERAL CU
Mortgage Loans and Application Details
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| Mortgage Company Name |
DADE COUNTY FEDERAL CU |
| Address | 1500 NW 107 AVE
MIAMI, FL 33172 |
| 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 | $46,291,000 |
| Average Mortgage Loan Amount Applied For | $168,000 |
| Highest Mortgage Loan Amount Applied For | $1,549,000 |
| Average Applicant Income | $73,000 |
| Highest Applicant Income | $1,025,000 |
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| Home Improvement |
33 | $1,709,000 |
$51,000 | $180,000 |
$98,000 | $745,000 |
| Home Purchase |
107 | $20,821,000 |
$194,000 | $510,000 |
$68,000 | $196,000 |
| Refinancing |
217 | $39,039,000 |
$179,000 | $1,549,000 |
$79,000 | $1,025,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
7 | $1,294,000 |
$184,000 | $360,000 |
$80,000 | $111,000 |
| Black or African American |
132 | $22,786,000 |
$172,000 | $1,549,000 |
$80,000 | $1,025,000 |
| Hispanic |
138 | $24,570,000 |
$178,000 | $416,000 |
$68,000 | $200,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
18 | $1,632,000 |
$90,000 | $238,000 |
$105,000 | $745,000 |
| White |
62 | $11,287,000 |
$182,000 | $384,000 |
$84,000 | $227,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
357 | $61,569,000 |
$172,000 | $1,549,000 |
$77,000 | $1,025,000 |
| 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 |
5 | $308,000 |
$61,000 | $100,000 |
$101,000 | $144,000 |
| Application Denied By Financial Institution |
85 | $14,627,000 |
$172,000 | $523,000 |
$79,000 | $1,025,000 |
| Application Withdrawn By Applicant |
82 | $16,238,000 |
$198,000 | $1,549,000 |
$67,000 | $582,000 |
| File Closed For Incompleteness |
1 | $100,000 |
$100,000 | $100,000 |
$84,000 | $84,000 |
| Loan Originated |
184 | $30,296,000 |
$164,000 | $461,000 |
$80,000 | $227,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
15 | $3,656,000 |
$243,000 | $523,000 |
$78,000 | $237,000 |
| Debt-To-Income Ratio |
40 | $8,760,000 |
$219,000 | $510,000 |
$51,000 | $108,000 |
| Employment History |
1 | $263,000 |
$263,000 | $263,000 |
$55,000 | $55,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
10 | $1,299,000 |
$129,000 | $372,000 |
$64,000 | $128,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for DADE COUNTY FEDERAL CU by:
Metropolitan Area And
County
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