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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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EASTMAN CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
EASTMAN CREDIT UNION |
| Address | P.O. BOX 1989
KINGSPORT, TN 37662 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,008 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $192,731,000 |
| Average Mortgage Loan Amount Applied For | $122,694 |
| Highest Mortgage Loan Amount Applied For | $1,300,000 |
| Average Applicant Income | $79,188 |
| Highest Applicant Income | $545,000 |
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| Home Improvement |
180 | $4,508,000 |
$25,000 | $300,000 |
$65,000 | $545,000 |
| Home Purchase |
993 | $123,434,000 |
$124,000 | $998,000 |
$61,000 | $311,000 |
| Refinancing |
865 | $67,619,000 |
$78,000 | $1,300,000 |
$57,000 | $533,000 |
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| American Indian or Alaskan Native |
2 | $364,000 |
$182,000 | $300,000 |
$74,000 | $106,000 |
| Asian |
7 | $1,180,000 |
$168,000 | $390,000 |
$84,000 | $160,000 |
| Black or African American |
27 | $2,261,000 |
$83,000 | $294,000 |
$58,000 | $311,000 |
| Hispanic |
32 | $3,379,000 |
$105,000 | $215,000 |
$52,000 | $153,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $1,485,000 |
$247,000 | $600,000 |
$9,000 | $55,000 |
| Not Provided |
24 | $3,254,000 |
$135,000 | $338,000 |
$75,000 | $172,000 |
| White |
1,940 | $183,638,000 |
$94,000 | $1,300,000 |
$60,000 | $545,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,025 | $194,104,000 |
$95,000 | $1,300,000 |
$60,000 | $545,000 |
| 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) |
13 | $1,457,000 |
$112,000 | $166,000 |
$53,000 | $96,000 |
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| Application Approved But Not Accepted |
1 | $72,000 |
$72,000 | $72,000 |
$54,000 | $54,000 |
| Application Denied By Financial Institution |
116 | $12,111,000 |
$104,000 | $998,000 |
$42,000 | $148,000 |
| Application Withdrawn By Applicant |
153 | $14,367,000 |
$93,000 | $440,000 |
$54,000 | $211,000 |
| File Closed For Incompleteness |
37 | $1,585,000 |
$42,000 | $166,000 |
$71,000 | $545,000 |
| Loan Originated |
1,673 | $160,230,000 |
$95,000 | $1,300,000 |
$61,000 | $533,000 |
| Loan Purchased By The Institution |
30 | $4,520,000 |
$150,000 | $592,000 |
$100,000 | $300,000 |
| Preapproval Approved but not Accepted |
1 | $38,000 |
$38,000 | $38,000 |
$105,000 | $105,000 |
| Preapproval Denied by Financial Institution |
27 | $2,638,000 |
$97,000 | $204,000 |
$35,000 | $93,000 |
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| Collateral |
5 | $342,000 |
$68,000 | $133,000 |
$44,000 | $78,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
47 | $4,478,000 |
$95,000 | $204,000 |
$49,000 | $148,000 |
| Debt-To-Income Ratio |
49 | $7,043,000 |
$143,000 | $998,000 |
$34,000 | $130,000 |
| Employment History |
1 | $51,000 |
$51,000 | $51,000 |
$21,000 | $21,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $798,000 |
$266,000 | $648,000 |
$35,000 | $68,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $72,000 |
$72,000 | $72,000 |
$27,000 | $27,000 |
| Unverifiable Information |
1 | $63,000 |
$63,000 | $63,000 |
$32,000 | $32,000 |
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Mortgage Loan App Totals for EASTMAN CREDIT UNION by:
Metropolitan Area And
County
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