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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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DEER VALLEY CU
Mortgage Loans and Application Details
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| Mortgage Company Name |
DEER VALLEY CU |
| Address | 16215 N 28TH AVE
PHOENIX, AZ 85053-3040 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 198 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $29,598,000 |
| Average Mortgage Loan Amount Applied For | $193,000 |
| Highest Mortgage Loan Amount Applied For | $960,000 |
| Average Applicant Income | $120,571 |
| Highest Applicant Income | $310,000 |
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| Home Improvement |
39 | $1,566,000 |
$40,000 | $103,000 |
$80,000 | $250,000 |
| Home Purchase |
39 | $8,324,000 |
$213,000 | $960,000 |
$88,000 | $310,000 |
| Refinancing |
136 | $21,881,000 |
$160,000 | $430,000 |
$79,000 | $444,000 |
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| American Indian or Alaskan Native |
3 | $621,000 |
$207,000 | $417,000 |
$97,000 | $160,000 |
| Asian |
4 | $434,000 |
$108,000 | $167,000 |
$65,000 | $149,000 |
| Black or African American |
1 | $50,000 |
$50,000 | $50,000 |
$92,000 | $92,000 |
| Hispanic |
31 | $4,971,000 |
$160,000 | $449,000 |
$84,000 | $250,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
18 | $4,397,000 |
$244,000 | $417,000 |
$98,000 | $196,000 |
| White |
157 | $21,298,000 |
$135,000 | $960,000 |
$78,000 | $444,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
214 | $31,771,000 |
$148,000 | $960,000 |
$81,000 | $444,000 |
| 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 |
23 | $5,928,000 |
$257,000 | $960,000 |
$92,000 | $310,000 |
| Application Denied By Financial Institution |
37 | $7,774,000 |
$210,000 | $451,000 |
$75,000 | $156,000 |
| Application Withdrawn By Applicant |
21 | $2,512,000 |
$119,000 | $417,000 |
$87,000 | $305,000 |
| File Closed For Incompleteness |
2 | $416,000 |
$208,000 | $216,000 |
$66,000 | $80,000 |
| Loan Originated |
131 | $15,141,000 |
$115,000 | $390,000 |
$79,000 | $444,000 |
| 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 |
4 | $939,000 |
$234,000 | $387,000 |
$99,000 | $155,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
19 | $3,895,000 |
$205,000 | $430,000 |
$73,000 | $156,000 |
| Debt-To-Income Ratio |
7 | $1,292,000 |
$184,000 | $294,000 |
$46,000 | $75,000 |
| Employment History |
1 | $236,000 |
$236,000 | $236,000 |
$130,000 | $130,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $661,000 |
$330,000 | $451,000 |
$95,000 | $150,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $190,000 |
$190,000 | $190,000 |
$78,000 | $78,000 |
| Unverifiable Information |
2 | $461,000 |
$230,000 | $272,000 |
$113,000 | $137,000 |
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Mortgage Loan App Totals for DEER VALLEY CU by:
Metropolitan Area And
County
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