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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 CLASS CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST CLASS CREDIT UNION |
| Address | 2051 WESTOWN PARKWAY
WEST DES MOINSE, IA 50265 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 15 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,477,000 |
| Average Mortgage Loan Amount Applied For | $84,800 |
| Highest Mortgage Loan Amount Applied For | $208,000 |
| Average Applicant Income | $50,600 |
| Highest Applicant Income | $73,000 |
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| Home Improvement |
91 | $2,847,000 |
$31,000 | $130,000 |
$69,000 | $270,000 |
| Home Purchase |
18 | $1,785,000 |
$99,000 | $208,000 |
$41,000 | $83,000 |
| Refinancing |
8 | $776,000 |
$97,000 | $135,000 |
$41,000 | $59,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $35,000 |
$35,000 | $35,000 |
$44,000 | $44,000 |
| Black or African American |
3 | $185,000 |
$61,000 | $135,000 |
$85,000 | $172,000 |
| Hispanic |
3 | $75,000 |
$25,000 | $28,000 |
$100,000 | $160,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
14 | $1,354,000 |
$96,000 | $145,000 |
$43,000 | $83,000 |
| White |
96 | $3,759,000 |
$39,000 | $208,000 |
$64,000 | $270,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
117 | $5,408,000 |
$46,000 | $208,000 |
$63,000 | $270,000 |
| 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 |
1 | $114,000 |
$114,000 | $114,000 |
$30,000 | $30,000 |
| Application Denied By Financial Institution |
11 | $923,000 |
$83,000 | $145,000 |
$53,000 | $172,000 |
| Application Withdrawn By Applicant |
30 | $1,858,000 |
$61,000 | $208,000 |
$48,000 | $139,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
75 | $2,513,000 |
$33,000 | $130,000 |
$70,000 | $270,000 |
| 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 |
2 | $39,000 |
$19,000 | $25,000 |
$94,000 | $172,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $5,000 |
$5,000 | $5,000 |
$35,000 | $35,000 |
| 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 CLASS CREDIT UNION by:
Metropolitan Area And
County
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