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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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FAIRWINDS CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
FAIRWINDS CREDIT UNION |
| Address | 135 W CENTRAL BLVD SUITE 240
ORLANDO, FL 32801 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,072 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $175,698,000 |
| Average Mortgage Loan Amount Applied For | $172,523 |
| Highest Mortgage Loan Amount Applied For | $649,000 |
| Average Applicant Income | $126,904 |
| Highest Applicant Income | $1,109,000 |
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| Home Improvement |
150 | $6,815,000 |
$45,000 | $255,000 |
$65,000 | $225,000 |
| Home Purchase |
335 | $68,328,000 |
$203,000 | $590,000 |
$76,000 | $1,109,000 |
| Refinancing |
646 | $112,072,000 |
$173,000 | $649,000 |
$69,000 | $1,000,000 |
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| American Indian or Alaskan Native |
5 | $1,129,000 |
$225,000 | $328,000 |
$64,000 | $97,000 |
| Asian |
16 | $3,250,000 |
$203,000 | $438,000 |
$75,000 | $148,000 |
| Black or African American |
58 | $10,723,000 |
$184,000 | $487,000 |
$63,000 | $178,000 |
| Hispanic |
173 | $29,415,000 |
$170,000 | $522,000 |
$58,000 | $221,000 |
| Native Hawaiin or Other Pacific Islander |
7 | $1,484,000 |
$212,000 | $404,000 |
$69,000 | $107,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
386 | $64,130,000 |
$166,000 | $649,000 |
$72,000 | $1,109,000 |
| White |
486 | $77,084,000 |
$158,000 | $475,000 |
$75,000 | $1,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,131 | $187,215,000 |
$165,000 | $649,000 |
$71,000 | $1,109,000 |
| 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 |
14 | $3,010,000 |
$215,000 | $438,000 |
$72,000 | $180,000 |
| Application Denied By Financial Institution |
153 | $28,899,000 |
$188,000 | $417,000 |
$56,000 | $180,000 |
| Application Withdrawn By Applicant |
122 | $22,464,000 |
$184,000 | $522,000 |
$78,000 | $808,000 |
| File Closed For Incompleteness |
57 | $10,729,000 |
$188,000 | $490,000 |
$71,000 | $240,000 |
| Loan Originated |
784 | $121,924,000 |
$155,000 | $649,000 |
$72,000 | $1,109,000 |
| 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 |
1 | $189,000 |
$189,000 | $189,000 |
$45,000 | $45,000 |
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| Collateral |
4 | $926,000 |
$231,000 | $332,000 |
$72,000 | $93,000 |
| Credit Application Incomplete |
1 | $394,000 |
$394,000 | $394,000 |
$149,000 | $149,000 |
| Credit History |
31 | $4,989,000 |
$160,000 | $404,000 |
$54,000 | $135,000 |
| Debt-To-Income Ratio |
29 | $5,735,000 |
$197,000 | $390,000 |
$50,000 | $140,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $872,000 |
$218,000 | $276,000 |
$58,000 | $81,000 |
| Mortgage Insurance Denied |
1 | $258,000 |
$258,000 | $258,000 |
$70,000 | $70,000 |
| Other |
10 | $1,611,000 |
$161,000 | $216,000 |
$76,000 | $180,000 |
| Unverifiable Information |
1 | $29,000 |
$29,000 | $29,000 |
$42,000 | $42,000 |
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Mortgage Loan App Totals for FAIRWINDS CREDIT UNION by:
Metropolitan Area And
County
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