|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
DHCU COMMUNITY CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
DHCU COMMUNITY CREDIT UNION |
| Address | 1900 52ND AVE
MOLINE, IL 61265 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 865 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $45,991,000 |
| Average Mortgage Loan Amount Applied For | $61,307 |
| Highest Mortgage Loan Amount Applied For | $362,000 |
| Average Applicant Income | $63,461 |
| Highest Applicant Income | $397,000 |
|
|
|
| Home Improvement |
257 | $6,460,000 |
$25,000 | $161,000 |
$66,000 | $201,000 |
| Home Purchase |
328 | $32,523,000 |
$99,000 | $362,000 |
$57,000 | $397,000 |
| Refinancing |
436 | $22,591,000 |
$51,000 | $360,000 |
$59,000 | $185,000 |
|
|
| American Indian or Alaskan Native |
4 | $147,000 |
$36,000 | $60,000 |
$79,000 | $140,000 |
| Asian |
4 | $427,000 |
$106,000 | $287,000 |
$100,000 | $167,000 |
| Black or African American |
18 | $1,145,000 |
$63,000 | $190,000 |
$51,000 | $110,000 |
| Hispanic |
74 | $3,845,000 |
$51,000 | $180,000 |
$45,000 | $109,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $38,000 |
$19,000 | $29,000 |
$89,000 | $115,000 |
| White |
919 | $55,972,000 |
$60,000 | $362,000 |
$61,000 | $397,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,021 | $61,574,000 |
$60,000 | $362,000 |
$60,000 | $397,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
1 | $17,000 |
$17,000 | $17,000 |
$77,000 | $77,000 |
| Application Denied By Financial Institution |
47 | $3,102,000 |
$66,000 | $159,000 |
$45,000 | $185,000 |
| Application Withdrawn By Applicant |
126 | $12,625,000 |
$100,000 | $300,000 |
$53,000 | $194,000 |
| File Closed For Incompleteness |
11 | $921,000 |
$83,000 | $205,000 |
$55,000 | $112,000 |
| Loan Originated |
792 | $41,023,000 |
$51,000 | $362,000 |
$63,000 | $397,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
5 | $691,000 |
$138,000 | $186,000 |
$62,000 | $110,000 |
| Preapproval Denied by Financial Institution |
39 | $3,195,000 |
$81,000 | $195,000 |
$39,000 | $107,000 |
|
|
| Collateral |
3 | $121,000 |
$40,000 | $83,000 |
$60,000 | $94,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
54 | $4,144,000 |
$76,000 | $160,000 |
$43,000 | $118,000 |
| Debt-To-Income Ratio |
21 | $1,448,000 |
$68,000 | $195,000 |
$33,000 | $72,000 |
| Employment History |
3 | $180,000 |
$60,000 | $80,000 |
$32,000 | $37,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $60,000 |
$60,000 | $60,000 |
$64,000 | $64,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $233,000 |
$116,000 | $155,000 |
$33,000 | $40,000 |
| Unverifiable Information |
1 | $81,000 |
$81,000 | $81,000 |
$32,000 | $32,000 |
|
Mortgage Loan App Totals for DHCU COMMUNITY CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
