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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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FAA FIRST FEDERAL CU
Mortgage Loans and Application Details
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| Mortgage Company Name |
FAA FIRST FEDERAL CU |
| Address | 14600 AVIATION BLVD. HAWTHORNE, CA 90250 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 224 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $39,177,000 |
| Average Mortgage Loan Amount Applied For | $171,133 |
| Highest Mortgage Loan Amount Applied For | $700,000 |
| Average Applicant Income | $126,022 |
| Highest Applicant Income | $1,000,000 |
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| Home Improvement |
101 | $8,314,000 |
$82,000 | $210,000 |
$184,000 | $1,000,000 |
| Home Purchase |
61 | $14,422,000 |
$236,000 | $700,000 |
$100,000 | $249,000 |
| Refinancing |
62 | $16,441,000 |
$265,000 | $620,000 |
$111,000 | $269,000 |
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| American Indian or Alaskan Native |
1 | $427,000 |
$427,000 | $427,000 |
$200,000 | $200,000 |
| Asian |
2 | $415,000 |
$207,000 | $300,000 |
$51,000 | $64,000 |
| Black or African American |
13 | $3,912,000 |
$300,000 | $456,000 |
$112,000 | $197,000 |
| Hispanic |
4 | $1,264,000 |
$316,000 | $417,000 |
$123,000 | $161,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
162 | $24,270,000 |
$149,000 | $700,000 |
$152,000 | $1,000,000 |
| White |
42 | $8,889,000 |
$211,000 | $520,000 |
$110,000 | $239,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
224 | $39,177,000 |
$174,000 | $700,000 |
$141,000 | $1,000,000 |
| 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 |
71 | $16,989,000 |
$239,000 | $700,000 |
$99,000 | $269,000 |
| Application Withdrawn By Applicant |
29 | $6,846,000 |
$236,000 | $480,000 |
$91,000 | $169,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
124 | $15,342,000 |
$123,000 | $500,000 |
$176,000 | $1,000,000 |
| 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 |
1 | $420,000 |
$420,000 | $420,000 |
$112,000 | $112,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $300,000 |
$300,000 | $300,000 |
$38,000 | $38,000 |
| 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 FAA FIRST FEDERAL CU by:
Metropolitan Area And
County
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