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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 CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST CHOICE CREDIT UNION |
| Address | 1055 S CONGRESS AVE
WEST PALM BEACH, FL 33406 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 108 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $100,422,000 |
| Average Mortgage Loan Amount Applied For | $252,000 |
| Highest Mortgage Loan Amount Applied For | $90,000,000 |
| Average Applicant Income | $131,375 |
| Highest Applicant Income | $780,000 |
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| Home Improvement |
72 | $3,042,000 |
$42,000 | $160,000 |
$69,000 | $246,000 |
| Home Purchase |
34 | $97,120,000 |
$2,856,000 | $90,000,000 |
$97,000 | $780,000 |
| Refinancing |
2 | $260,000 |
$130,000 | $180,000 |
$64,000 | $87,000 |
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| American Indian or Alaskan Native |
1 | $126,000 |
$126,000 | $126,000 |
$167,000 | $167,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
23 | $1,574,000 |
$68,000 | $305,000 |
$78,000 | $246,000 |
| Hispanic |
25 | $2,879,000 |
$115,000 | $540,000 |
$62,000 | $132,000 |
| 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 |
59 | $95,843,000 |
$1,624,000 | $90,000,000 |
$83,000 | $780,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
108 | $100,422,000 |
$929,000 | $90,000,000 |
$78,000 | $780,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
2 | $399,000 |
$199,000 | $219,000 |
$84,000 | $87,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
106 | $100,023,000 |
$943,000 | $90,000,000 |
$78,000 | $780,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
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Mortgage Loan App Totals for FIRST CHOICE CREDIT UNION by:
Metropolitan Area And
County
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