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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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EDUCATIONAL EMPLOYEES CU
Mortgage Loans and Application Details
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| Mortgage Company Name |
EDUCATIONAL EMPLOYEES CU |
| Address | P.O. BOX 5242
FRESNO, CA 93755 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 431 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $66,495,000 |
| Average Mortgage Loan Amount Applied For | $181,500 |
| Highest Mortgage Loan Amount Applied For | $580,000 |
| Average Applicant Income | $91,666 |
| Highest Applicant Income | $385,000 |
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| Home Improvement |
126 | $14,729,000 |
$116,000 | $417,000 |
$70,000 | $207,000 |
| Home Purchase |
105 | $25,191,000 |
$239,000 | $417,000 |
$66,000 | $211,000 |
| Refinancing |
288 | $47,959,000 |
$166,000 | $580,000 |
$72,000 | $385,000 |
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| American Indian or Alaskan Native |
4 | $590,000 |
$147,000 | $210,000 |
$56,000 | $115,000 |
| Asian |
21 | $4,775,000 |
$227,000 | $400,000 |
$63,000 | $142,000 |
| Black or African American |
12 | $2,095,000 |
$174,000 | $316,000 |
$53,000 | $125,000 |
| Hispanic |
160 | $24,840,000 |
$155,000 | $417,000 |
$60,000 | $385,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $488,000 |
$244,000 | $358,000 |
$66,000 | $92,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
25 | $5,779,000 |
$231,000 | $417,000 |
$84,000 | $211,000 |
| White |
295 | $49,312,000 |
$167,000 | $580,000 |
$77,000 | $364,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
516 | $87,843,000 |
$170,000 | $580,000 |
$71,000 | $385,000 |
| FHA-insured (Federal Housing Administration) |
3 | $36,000 |
$12,000 | $25,000 |
$48,000 | $113,000 |
| 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 |
1 | $260,000 |
$260,000 | $260,000 |
$0 | $0 |
| Application Denied By Financial Institution |
112 | $19,715,000 |
$176,000 | $580,000 |
$63,000 | $385,000 |
| Application Withdrawn By Applicant |
43 | $6,544,000 |
$152,000 | $417,000 |
$78,000 | $173,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
276 | $40,276,000 |
$145,000 | $417,000 |
$76,000 | $343,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
47 | $11,240,000 |
$239,000 | $417,000 |
$73,000 | $154,000 |
| Preapproval Denied by Financial Institution |
40 | $9,844,000 |
$246,000 | $417,000 |
$47,000 | $98,000 |
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| 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 |
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Mortgage Loan App Totals for EDUCATIONAL EMPLOYEES CU by:
Metropolitan Area And
County
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