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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 FLORIDA CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST FLORIDA CREDIT UNION |
| Address | 500 W 1ST STREET
JACKSONVILLE, FL 32202 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 209 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $25,014,000 |
| Average Mortgage Loan Amount Applied For | $107,533 |
| Highest Mortgage Loan Amount Applied For | $499,000 |
| Average Applicant Income | $70,300 |
| Highest Applicant Income | $232,000 |
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| Home Improvement |
30 | $1,221,000 |
$40,000 | $75,000 |
$71,000 | $148,000 |
| Home Purchase |
47 | $5,669,000 |
$120,000 | $355,000 |
$90,000 | $232,000 |
| Refinancing |
132 | $18,124,000 |
$137,000 | $499,000 |
$61,000 | $211,000 |
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| American Indian or Alaskan Native |
1 | $50,000 |
$50,000 | $50,000 |
$65,000 | $65,000 |
| Asian |
1 | $106,000 |
$106,000 | $106,000 |
$140,000 | $140,000 |
| Black or African American |
44 | $5,103,000 |
$115,000 | $300,000 |
$63,000 | $140,000 |
| Hispanic |
36 | $4,564,000 |
$126,000 | $440,000 |
$67,000 | $148,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
55 | $7,642,000 |
$138,000 | $499,000 |
$63,000 | $202,000 |
| White |
72 | $7,549,000 |
$104,000 | $492,000 |
$77,000 | $232,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
204 | $24,228,000 |
$118,000 | $499,000 |
$69,000 | $232,000 |
| FHA-insured (Federal Housing Administration) |
5 | $786,000 |
$157,000 | $211,000 |
$74,000 | $112,000 |
| 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 |
24 | $3,715,000 |
$154,000 | $440,000 |
$62,000 | $215,000 |
| Application Denied By Financial Institution |
20 | $2,455,000 |
$122,000 | $300,000 |
$62,000 | $146,000 |
| Application Withdrawn By Applicant |
18 | $1,394,000 |
$77,000 | $230,000 |
$91,000 | $232,000 |
| File Closed For Incompleteness |
2 | $138,000 |
$69,000 | $108,000 |
$104,000 | $129,000 |
| Loan Originated |
145 | $17,312,000 |
$119,000 | $499,000 |
$68,000 | $216,000 |
| 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 |
3 | $526,000 |
$175,000 | $252,000 |
$95,000 | $143,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
12 | $904,000 |
$75,000 | $156,000 |
$50,000 | $106,000 |
| Debt-To-Income Ratio |
5 | $1,025,000 |
$205,000 | $300,000 |
$70,000 | $146,000 |
| 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 FLORIDA CREDIT UNION by:
Metropolitan Area And
County
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