|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
DIAMOND CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
DIAMOND CREDIT UNION |
| Address | 1600 MEDICAL DRIVE
POTTSTOWN, PA 19464 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 682 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $32,894,000 |
| Average Mortgage Loan Amount Applied For | $41,000 |
| Highest Mortgage Loan Amount Applied For | $416,000 |
| Average Applicant Income | $67,266 |
| Highest Applicant Income | $470,000 |
|
|
|
| Home Improvement |
290 | $7,351,000 |
$25,000 | $173,000 |
$66,000 | $470,000 |
| Home Purchase |
11 | $1,367,000 |
$124,000 | $315,000 |
$71,000 | $174,000 |
| Refinancing |
384 | $24,544,000 |
$63,000 | $416,000 |
$77,000 | $250,000 |
|
|
| American Indian or Alaskan Native |
4 | $141,000 |
$35,000 | $55,000 |
$54,000 | $82,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
29 | $970,000 |
$33,000 | $90,000 |
$59,000 | $118,000 |
| Hispanic |
32 | $1,129,000 |
$35,000 | $210,000 |
$67,000 | $184,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $231,000 |
$115,000 | $126,000 |
$99,000 | $112,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
30 | $881,000 |
$29,000 | $137,000 |
$64,000 | $174,000 |
| White |
588 | $29,910,000 |
$50,000 | $416,000 |
$74,000 | $470,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
685 | $33,262,000 |
$48,000 | $416,000 |
$73,000 | $470,000 |
| 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 |
49 | $2,986,000 |
$60,000 | $267,000 |
$66,000 | $184,000 |
| Application Denied By Financial Institution |
61 | $2,205,000 |
$36,000 | $171,000 |
$48,000 | $154,000 |
| Application Withdrawn By Applicant |
6 | $678,000 |
$113,000 | $416,000 |
$86,000 | $174,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
566 | $27,025,000 |
$47,000 | $315,000 |
$76,000 | $470,000 |
| 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 |
3 | $368,000 |
$122,000 | $150,000 |
$62,000 | $74,000 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for DIAMOND CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
