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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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ESL FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
ESL FEDERAL CREDIT UNION |
| Address | 100 KINGS HIGHWAY SOUTH #1200
ROCHESTER, NY 14617 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 4,266 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $238,623,000 |
| Average Mortgage Loan Amount Applied For | $91,053 |
| Highest Mortgage Loan Amount Applied For | $622,000 |
| Average Applicant Income | $92,428 |
| Highest Applicant Income | $650,000 |
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| Home Improvement |
1,479 | $30,089,000 |
$20,000 | $274,000 |
$58,000 | $650,000 |
| Home Purchase |
934 | $98,722,000 |
$105,000 | $622,000 |
$71,000 | $535,000 |
| Refinancing |
1,876 | $112,129,000 |
$59,000 | $600,000 |
$64,000 | $500,000 |
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| American Indian or Alaskan Native |
11 | $607,000 |
$55,000 | $133,000 |
$52,000 | $93,000 |
| Asian |
43 | $3,904,000 |
$90,000 | $536,000 |
$83,000 | $520,000 |
| Black or African American |
225 | $7,154,000 |
$31,000 | $154,000 |
$47,000 | $254,000 |
| Hispanic |
133 | $6,524,000 |
$49,000 | $600,000 |
$52,000 | $350,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $161,000 |
$32,000 | $61,000 |
$36,000 | $93,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
281 | $14,896,000 |
$53,000 | $332,000 |
$69,000 | $300,000 |
| White |
3,591 | $207,694,000 |
$57,000 | $622,000 |
$64,000 | $650,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
4,289 | $240,940,000 |
$56,000 | $622,000 |
$63,000 | $650,000 |
| 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 |
273 | $14,585,000 |
$53,000 | $536,000 |
$60,000 | $325,000 |
| Application Denied By Financial Institution |
549 | $21,467,000 |
$39,000 | $270,000 |
$48,000 | $195,000 |
| Application Withdrawn By Applicant |
317 | $21,262,000 |
$67,000 | $507,000 |
$62,000 | $500,000 |
| File Closed For Incompleteness |
19 | $877,000 |
$46,000 | $92,000 |
$56,000 | $135,000 |
| Loan Originated |
3,108 | $180,432,000 |
$58,000 | $622,000 |
$66,000 | $650,000 |
| 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 |
23 | $2,317,000 |
$100,000 | $238,000 |
$50,000 | $147,000 |
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| Collateral |
13 | $1,063,000 |
$81,000 | $213,000 |
$57,000 | $158,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
15 | $1,458,000 |
$97,000 | $238,000 |
$62,000 | $147,000 |
| Debt-To-Income Ratio |
18 | $1,873,000 |
$104,000 | $233,000 |
$35,000 | $77,000 |
| Employment History |
3 | $215,000 |
$71,000 | $97,000 |
$1,000 | $5,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $122,000 |
$61,000 | $74,000 |
$30,000 | $31,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $752,000 |
$150,000 | $260,000 |
$112,000 | $173,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for ESL FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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