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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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DVA FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
DVA FEDERAL CREDIT UNION |
| Address | 810 VERMONT AVENUE, C27
WASHINGTON, DC 20091 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 83 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $13,424,000 |
| Average Mortgage Loan Amount Applied For | $146,454 |
| Highest Mortgage Loan Amount Applied For | $600,000 |
| Average Applicant Income | $85,060 |
| Highest Applicant Income | $252,000 |
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| Home Improvement |
33 | $1,343,000 |
$40,000 | $93,000 |
$78,000 | $252,000 |
| Home Purchase |
20 | $5,046,000 |
$252,000 | $500,000 |
$98,000 | $240,000 |
| Refinancing |
30 | $7,035,000 |
$234,000 | $600,000 |
$95,000 | $211,000 |
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| American Indian or Alaskan Native |
3 | $51,000 |
$17,000 | $25,000 |
$77,000 | $115,000 |
| Asian |
8 | $1,250,000 |
$156,000 | $366,000 |
$97,000 | $207,000 |
| Black or African American |
39 | $5,824,000 |
$149,000 | $415,000 |
$71,000 | $129,000 |
| Hispanic |
2 | $636,000 |
$318,000 | $600,000 |
$75,000 | $85,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $20,000 |
$20,000 | $20,000 |
$51,000 | $51,000 |
| White |
30 | $5,643,000 |
$188,000 | $500,000 |
$114,000 | $252,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
83 | $13,424,000 |
$161,000 | $600,000 |
$89,000 | $252,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
12 | $2,257,000 |
$188,000 | $600,000 |
$64,000 | $129,000 |
| Application Withdrawn By Applicant |
13 | $2,018,000 |
$155,000 | $400,000 |
$93,000 | $207,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
58 | $9,149,000 |
$157,000 | $500,000 |
$93,000 | $252,000 |
| 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 |
6 | $1,174,000 |
$195,000 | $336,000 |
$78,000 | $129,000 |
| Debt-To-Income Ratio |
2 | $745,000 |
$372,000 | $600,000 |
$58,000 | $65,000 |
| 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 |
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Mortgage Loan App Totals for DVA FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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