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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 FLIGHT FEDERAL CU
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST FLIGHT FEDERAL CU |
| Address | 2425 KILDAIRE FARM RD, SUITE 305
CARY, NC 27511 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 267 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $19,141,000 |
| Average Mortgage Loan Amount Applied For | $80,578 |
| Highest Mortgage Loan Amount Applied For | $611,000 |
| Average Applicant Income | $73,315 |
| Highest Applicant Income | $401,000 |
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| Home Improvement |
5 | $108,000 |
$21,000 | $43,000 |
$63,000 | $91,000 |
| Home Purchase |
86 | $8,248,000 |
$95,000 | $424,000 |
$78,000 | $340,000 |
| Refinancing |
176 | $10,785,000 |
$61,000 | $611,000 |
$68,000 | $401,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
7 | $625,000 |
$89,000 | $153,000 |
$65,000 | $80,000 |
| Black or African American |
19 | $1,115,000 |
$58,000 | $285,000 |
$60,000 | $108,000 |
| Hispanic |
4 | $127,000 |
$31,000 | $57,000 |
$102,000 | $202,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $138,000 |
$69,000 | $111,000 |
$45,000 | $45,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3 | $156,000 |
$52,000 | $96,000 |
$57,000 | $118,000 |
| White |
232 | $16,980,000 |
$73,000 | $611,000 |
$72,000 | $401,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
267 | $19,141,000 |
$71,000 | $611,000 |
$71,000 | $401,000 |
| 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 | $30,000 |
$30,000 | $30,000 |
$62,000 | $62,000 |
| Application Denied By Financial Institution |
5 | $480,000 |
$96,000 | $175,000 |
$46,000 | $69,000 |
| Application Withdrawn By Applicant |
3 | $246,000 |
$82,000 | $120,000 |
$74,000 | $118,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
258 | $18,385,000 |
$71,000 | $611,000 |
$71,000 | $401,000 |
| 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 |
3 | $375,000 |
$125,000 | $175,000 |
$41,000 | $58,000 |
| Debt-To-Income Ratio |
1 | $95,000 |
$95,000 | $95,000 |
$40,000 | $40,000 |
| 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 |
1 | $10,000 |
$10,000 | $10,000 |
$69,000 | $69,000 |
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Mortgage Loan App Totals for FIRST FLIGHT FEDERAL CU by:
Metropolitan Area And
County
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