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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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FIRST CHOICE AMERICA COMMUNITY
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST CHOICE AMERICA COMMUNITY |
| Address | 3501 MAIN STREET
WEIRTON, WV 26062 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 135 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $9,333,000 |
| Average Mortgage Loan Amount Applied For | $88,727 |
| Highest Mortgage Loan Amount Applied For | $432,000 |
| Average Applicant Income | $100,818 |
| Highest Applicant Income | $717,000 |
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| Home Improvement |
23 | $163,000 |
$7,000 | $29,000 |
$57,000 | $124,000 |
| Home Purchase |
29 | $3,536,000 |
$121,000 | $432,000 |
$120,000 | $717,000 |
| Refinancing |
83 | $5,634,000 |
$67,000 | $354,000 |
$57,000 | $335,000 |
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| American Indian or Alaskan Native |
1 | $20,000 |
$20,000 | $20,000 |
$81,000 | $81,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
2 | $158,000 |
$79,000 | $88,000 |
$49,000 | $70,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
132 | $9,155,000 |
$69,000 | $432,000 |
$71,000 | $717,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
135 | $9,333,000 |
$69,000 | $432,000 |
$70,000 | $717,000 |
| 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 |
20 | $1,331,000 |
$66,000 | $116,000 |
$45,000 | $106,000 |
| Application Withdrawn By Applicant |
4 | $453,000 |
$113,000 | $152,000 |
$68,000 | $131,000 |
| File Closed For Incompleteness |
1 | $58,000 |
$58,000 | $58,000 |
$54,000 | $54,000 |
| Loan Originated |
110 | $7,491,000 |
$68,000 | $432,000 |
$75,000 | $717,000 |
| 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 | $43,000 |
$43,000 | $43,000 |
$29,000 | $29,000 |
| Credit Application Incomplete |
1 | $116,000 |
$116,000 | $116,000 |
$106,000 | $106,000 |
| Credit History |
9 | $563,000 |
$62,000 | $105,000 |
$46,000 | $84,000 |
| Debt-To-Income Ratio |
7 | $498,000 |
$71,000 | $94,000 |
$40,000 | $77,000 |
| Employment History |
1 | $71,000 |
$71,000 | $71,000 |
$34,000 | $34,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $40,000 |
$40,000 | $40,000 |
$45,000 | $45,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST CHOICE AMERICA COMMUNITY by:
Metropolitan Area And
County
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