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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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EASTERN FINANCIAL FCU
Mortgage Loans and Application Details
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| Mortgage Company Name |
EASTERN FINANCIAL FCU |
| Address | 3700 LAKESIDE DRIVE
MIRAMAR, FL 33027 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,746 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $261,491,000 |
| Average Mortgage Loan Amount Applied For | $228,247 |
| Highest Mortgage Loan Amount Applied For | $8,800,000 |
| Average Applicant Income | $85,337 |
| Highest Applicant Income | $1,188,000 |
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| Home Improvement |
488 | $19,522,000 |
$40,000 | $350,000 |
$68,000 | $384,000 |
| Home Purchase |
705 | $150,863,000 |
$213,000 | $8,800,000 |
$69,000 | $1,188,000 |
| Refinancing |
716 | $125,011,000 |
$174,000 | $855,000 |
$68,000 | $373,000 |
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| American Indian or Alaskan Native |
6 | $562,000 |
$93,000 | $195,000 |
$57,000 | $85,000 |
| Asian |
27 | $4,796,000 |
$177,000 | $392,000 |
$74,000 | $204,000 |
| Black or African American |
195 | $28,811,000 |
$147,000 | $500,000 |
$59,000 | $155,000 |
| Hispanic |
681 | $97,972,000 |
$143,000 | $1,011,000 |
$68,000 | $373,000 |
| Native Hawaiin or Other Pacific Islander |
10 | $739,000 |
$73,000 | $223,000 |
$56,000 | $102,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
563 | $90,759,000 |
$161,000 | $1,840,000 |
$68,000 | $543,000 |
| White |
427 | $71,757,000 |
$168,000 | $8,800,000 |
$73,000 | $1,188,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,909 | $295,396,000 |
$154,000 | $8,800,000 |
$68,000 | $1,188,000 |
| 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 |
61 | $5,512,000 |
$90,000 | $301,000 |
$65,000 | $180,000 |
| Application Denied By Financial Institution |
157 | $9,081,000 |
$57,000 | $350,000 |
$60,000 | $180,000 |
| Application Withdrawn By Applicant |
96 | $12,788,000 |
$133,000 | $446,000 |
$68,000 | $228,000 |
| File Closed For Incompleteness |
111 | $25,540,000 |
$230,000 | $1,840,000 |
$66,000 | $543,000 |
| Loan Originated |
1,415 | $228,905,000 |
$161,000 | $8,800,000 |
$70,000 | $1,188,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
58 | $12,165,000 |
$209,000 | $629,000 |
$64,000 | $412,000 |
| Preapproval Denied by Financial Institution |
11 | $1,405,000 |
$127,000 | $200,000 |
$43,000 | $81,000 |
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| Collateral |
6 | $980,000 |
$163,000 | $176,000 |
$55,000 | $115,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $359,000 |
$179,000 | $228,000 |
$59,000 | $70,000 |
| Debt-To-Income Ratio |
1 | $260,000 |
$260,000 | $260,000 |
$99,000 | $99,000 |
| 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 |
5 | $660,000 |
$132,000 | $206,000 |
$41,000 | $65,000 |
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Mortgage Loan App Totals for EASTERN FINANCIAL FCU by:
Metropolitan Area And
County
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