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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 FUTURE CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST FUTURE CREDIT UNION |
| Address | 5890 PACIFIC CENTER BLVD.
SAN DIEGO, CA 92121 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 650 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $57,121,000 |
| Average Mortgage Loan Amount Applied For | $94,235 |
| Highest Mortgage Loan Amount Applied For | $850,000 |
| Average Applicant Income | $97,352 |
| Highest Applicant Income | $1,220,000 |
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| Home Improvement |
2 | $980,000 |
$490,000 | $600,000 |
$100,000 | $117,000 |
| Home Purchase |
10 | $2,051,000 |
$205,000 | $417,000 |
$69,000 | $190,000 |
| Refinancing |
639 | $54,240,000 |
$84,000 | $850,000 |
$98,000 | $1,220,000 |
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| American Indian or Alaskan Native |
3 | $82,000 |
$27,000 | $45,000 |
$53,000 | $86,000 |
| Asian |
50 | $4,550,000 |
$91,000 | $482,000 |
$92,000 | $360,000 |
| Black or African American |
22 | $1,509,000 |
$68,000 | $298,000 |
$64,000 | $110,000 |
| Hispanic |
112 | $10,110,000 |
$90,000 | $850,000 |
$97,000 | $1,000,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $564,000 |
$188,000 | $380,000 |
$136,000 | $175,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
43 | $4,731,000 |
$110,000 | $550,000 |
$96,000 | $257,000 |
| White |
418 | $35,725,000 |
$85,000 | $800,000 |
$101,000 | $1,220,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
651 | $57,271,000 |
$87,000 | $850,000 |
$98,000 | $1,220,000 |
| 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 |
106 | $6,336,000 |
$59,000 | $230,000 |
$92,000 | $360,000 |
| Application Denied By Financial Institution |
128 | $7,818,000 |
$61,000 | $210,000 |
$98,000 | $1,220,000 |
| Application Withdrawn By Applicant |
10 | $1,147,000 |
$114,000 | $417,000 |
$104,000 | $257,000 |
| File Closed For Incompleteness |
12 | $1,225,000 |
$102,000 | $250,000 |
$114,000 | $202,000 |
| Loan Originated |
395 | $40,745,000 |
$103,000 | $850,000 |
$98,000 | $911,000 |
| 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 |
54 | $3,243,000 |
$60,000 | $210,000 |
$140,000 | $1,220,000 |
| Credit Application Incomplete |
2 | $180,000 |
$90,000 | $130,000 |
$108,000 | $156,000 |
| Credit History |
15 | $1,041,000 |
$69,000 | $192,000 |
$85,000 | $204,000 |
| Debt-To-Income Ratio |
56 | $3,304,000 |
$59,000 | $175,000 |
$62,000 | $221,000 |
| 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 | $50,000 |
$50,000 | $50,000 |
$96,000 | $96,000 |
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Mortgage Loan App Totals for FIRST FUTURE CREDIT UNION by:
Metropolitan Area And
County
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