| $3,446,236,491 in Mortgage Loans Applied for in 2008 from 17,391,570 Applications |
|
|
|
|
|
|
FAMILY FINANCIAL CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FAMILY FINANCIAL CREDIT UNION |
| Address | 525 W BARNEY AVE
MUSKEGON, MI 49444 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Loan Applications Processed | 35 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $842,000 |
| Average Mortgage Loan Amount Applied For | $26,500 |
| Highest Mortgage Loan Amount Applied For | $76,000 |
| Average Applicant Income | $58,000 |
| Highest Applicant Income | $139,000 |
|
|
|
| Home Improvement |
1 | $12,000 |
$12,000 | $12,000 |
$31,000 | $31,000 |
| Home Purchase |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing |
34 | $830,000 |
$24,000 | $76,000 |
$60,000 | $139,000 |
|
| American Indian or Alaskan Native |
1 | $20,000 |
$20,000 | $20,000 |
$92,000 | $92,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $12,000 |
$12,000 | $12,000 |
$31,000 | $31,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
33 | $810,000 |
$24,000 | $76,000 |
$59,000 | $139,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
35 | $842,000 |
$24,000 | $76,000 |
$59,000 | $139,000 |
| 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 |
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
3 | $43,000 |
$14,000 | $25,000 |
$46,000 | $64,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
32 | $799,000 |
$24,000 | $76,000 |
$61,000 | $139,000 |
| 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 |
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $37,000 |
$18,000 | $25,000 |
$47,000 | $64,000 |
| Debt-To-Income Ratio |
1 | $6,000 |
$6,000 | $6,000 |
$43,000 | $43,000 |
| 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 |
|
Mortgage Loan Application Totals for FAMILY FINANCIAL CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2010 AllMortgageDetail.com All rights reserved.
disclaimer
|
|