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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 CITIZENS FEDERAL CREDIT
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST CITIZENS FEDERAL CREDIT |
| Address | 200 MILL ROAD SUITE 100 PO BOX 270
FAIRHAVEN, MA 02719 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 306 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $39,587,000 |
| Average Mortgage Loan Amount Applied For | $152,200 |
| Highest Mortgage Loan Amount Applied For | $380,000 |
| Average Applicant Income | $90,200 |
| Highest Applicant Income | $239,000 |
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| Home Improvement |
138 | $8,332,000 |
$60,000 | $315,000 |
$69,000 | $192,000 |
| Home Purchase |
55 | $11,298,000 |
$205,000 | $380,000 |
$72,000 | $178,000 |
| Refinancing |
113 | $19,957,000 |
$176,000 | $380,000 |
$69,000 | $239,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $240,000 |
$240,000 | $240,000 |
$39,000 | $39,000 |
| Black or African American |
10 | $1,395,000 |
$139,000 | $315,000 |
$54,000 | $80,000 |
| Hispanic |
7 | $1,282,000 |
$183,000 | $310,000 |
$61,000 | $83,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $30,000 |
$30,000 | $30,000 |
$37,000 | $37,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
287 | $36,640,000 |
$127,000 | $380,000 |
$70,000 | $239,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
306 | $39,587,000 |
$129,000 | $380,000 |
$69,000 | $239,000 |
| 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 |
4 | $875,000 |
$218,000 | $310,000 |
$57,000 | $81,000 |
| Application Withdrawn By Applicant |
8 | $952,000 |
$119,000 | $262,000 |
$62,000 | $119,000 |
| File Closed For Incompleteness |
1 | $67,000 |
$67,000 | $67,000 |
$32,000 | $32,000 |
| Loan Originated |
293 | $37,693,000 |
$128,000 | $380,000 |
$70,000 | $239,000 |
| 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 |
1 | $126,000 |
$126,000 | $126,000 |
$42,000 | $42,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST CITIZENS FEDERAL CREDIT by:
Metropolitan Area And
County
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