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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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FAMILY TRUST FED. CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
FAMILY TRUST FED. CREDIT UNION |
| Address | 1615 PROGRESS WAY
ROCK HILL, SC 29731 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 286 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $30,719,000 |
| Average Mortgage Loan Amount Applied For | $99,071 |
| Highest Mortgage Loan Amount Applied For | $700,000 |
| Average Applicant Income | $58,785 |
| Highest Applicant Income | $363,000 |
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| Home Improvement |
4 | $44,000 |
$11,000 | $30,000 |
$35,000 | $82,000 |
| Home Purchase |
144 | $16,954,000 |
$117,000 | $700,000 |
$61,000 | $297,000 |
| Refinancing |
140 | $13,807,000 |
$98,000 | $381,000 |
$60,000 | $363,000 |
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| American Indian or Alaskan Native |
1 | $39,000 |
$39,000 | $39,000 |
$112,000 | $112,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
40 | $3,296,000 |
$82,000 | $278,000 |
$47,000 | $143,000 |
| Hispanic |
3 | $360,000 |
$120,000 | $171,000 |
$55,000 | $89,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
8 | $1,000,000 |
$125,000 | $210,000 |
$34,000 | $68,000 |
| White |
236 | $26,110,000 |
$110,000 | $700,000 |
$63,000 | $363,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
287 | $30,692,000 |
$106,000 | $700,000 |
$60,000 | $363,000 |
| 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) |
1 | $113,000 |
$113,000 | $113,000 |
$45,000 | $45,000 |
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| Application Approved But Not Accepted |
8 | $990,000 |
$123,000 | $185,000 |
$62,000 | $118,000 |
| Application Denied By Financial Institution |
31 | $2,808,000 |
$90,000 | $381,000 |
$58,000 | $363,000 |
| Application Withdrawn By Applicant |
31 | $3,463,000 |
$111,000 | $220,000 |
$53,000 | $96,000 |
| File Closed For Incompleteness |
11 | $1,788,000 |
$162,000 | $700,000 |
$98,000 | $297,000 |
| Loan Originated |
207 | $21,756,000 |
$105,000 | $417,000 |
$60,000 | $223,000 |
| 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 |
3 | $209,000 |
$69,000 | $96,000 |
$55,000 | $85,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
21 | $2,078,000 |
$98,000 | $381,000 |
$66,000 | $363,000 |
| Debt-To-Income Ratio |
3 | $237,000 |
$79,000 | $115,000 |
$33,000 | $57,000 |
| Employment History |
1 | $84,000 |
$84,000 | $84,000 |
$19,000 | $19,000 |
| 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 |
3 | $200,000 |
$66,000 | $89,000 |
$50,000 | $89,000 |
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Mortgage Loan App Totals for FAMILY TRUST FED. CREDIT UNION by:
Metropolitan Area And
County
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