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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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FARMERS INSURANCE GROUP FCU
Mortgage Loans and Application Details
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| Mortgage Company Name |
FARMERS INSURANCE GROUP FCU |
| Address | 4680 WILSHIRE BLVD.
LOS ANGELES, CA 90010 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 262 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $57,259,000 |
| Average Mortgage Loan Amount Applied For | $191,429 |
| Highest Mortgage Loan Amount Applied For | $1,080,000 |
| Average Applicant Income | $101,984 |
| Highest Applicant Income | $920,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
152 | $29,385,000 |
$193,000 | $1,067,000 |
$78,000 | $900,000 |
| Refinancing |
120 | $30,118,000 |
$250,000 | $1,080,000 |
$109,000 | $920,000 |
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| American Indian or Alaskan Native |
1 | $75,000 |
$75,000 | $75,000 |
$29,000 | $29,000 |
| Asian |
4 | $824,000 |
$206,000 | $355,000 |
$70,000 | $153,000 |
| Black or African American |
17 | $3,631,000 |
$213,000 | $416,000 |
$75,000 | $155,000 |
| Hispanic |
17 | $3,381,000 |
$198,000 | $411,000 |
$67,000 | $132,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $1,623,000 |
$541,000 | $1,067,000 |
$118,000 | $182,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
87 | $19,009,000 |
$218,000 | $800,000 |
$105,000 | $920,000 |
| White |
143 | $30,960,000 |
$216,000 | $1,080,000 |
$88,000 | $510,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
272 | $59,503,000 |
$218,000 | $1,080,000 |
$91,000 | $920,000 |
| 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 |
43 | $8,423,000 |
$195,000 | $500,000 |
$66,000 | $168,000 |
| Application Denied By Financial Institution |
40 | $7,109,000 |
$177,000 | $431,000 |
$66,000 | $180,000 |
| Application Withdrawn By Applicant |
59 | $14,777,000 |
$250,000 | $1,067,000 |
$96,000 | $920,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
130 | $29,194,000 |
$224,000 | $1,080,000 |
$105,000 | $900,000 |
| 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 |
4 | $786,000 |
$196,000 | $344,000 |
$80,000 | $120,000 |
| Credit Application Incomplete |
1 | $250,000 |
$250,000 | $250,000 |
$96,000 | $96,000 |
| Credit History |
13 | $1,896,000 |
$145,000 | $277,000 |
$62,000 | $108,000 |
| Debt-To-Income Ratio |
4 | $660,000 |
$165,000 | $199,000 |
$52,000 | $95,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $405,000 |
$202,000 | $325,000 |
$57,000 | $89,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $531,000 |
$265,000 | $431,000 |
$154,000 | $180,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FARMERS INSURANCE GROUP FCU by:
Metropolitan Area And
County
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