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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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FIVE STAR CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIVE STAR CREDIT UNION |
| Address | 411 N. FOSTER ST.,P.O.BOX 2028
DOTHAN, AL 36303 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 152 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,189,000 |
| Average Mortgage Loan Amount Applied For | $35,500 |
| Highest Mortgage Loan Amount Applied For | $257,000 |
| Average Applicant Income | $42,000 |
| Highest Applicant Income | $111,000 |
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| Home Improvement |
63 | $683,000 |
$10,000 | $51,000 |
$45,000 | $111,000 |
| Home Purchase |
110 | $6,489,000 |
$58,000 | $260,000 |
$43,000 | $195,000 |
| Refinancing |
152 | $8,045,000 |
$52,000 | $257,000 |
$43,000 | $141,000 |
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| American Indian or Alaskan Native |
2 | $270,000 |
$135,000 | $140,000 |
$33,000 | $48,000 |
| Asian |
1 | $50,000 |
$50,000 | $50,000 |
$36,000 | $36,000 |
| Black or African American |
70 | $2,630,000 |
$37,000 | $105,000 |
$38,000 | $141,000 |
| Hispanic |
5 | $227,000 |
$45,000 | $75,000 |
$34,000 | $79,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
19 | $1,195,000 |
$62,000 | $207,000 |
$40,000 | $78,000 |
| White |
228 | $10,845,000 |
$47,000 | $260,000 |
$45,000 | $195,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
325 | $15,217,000 |
$46,000 | $260,000 |
$43,000 | $195,000 |
| 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 |
5 | $19,000 |
$3,000 | $6,000 |
$30,000 | $42,000 |
| Application Denied By Financial Institution |
51 | $2,703,000 |
$53,000 | $257,000 |
$32,000 | $93,000 |
| Application Withdrawn By Applicant |
46 | $3,243,000 |
$70,000 | $200,000 |
$44,000 | $109,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
223 | $9,252,000 |
$41,000 | $260,000 |
$46,000 | $195,000 |
| 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 |
4 | $128,000 |
$32,000 | $55,000 |
$27,000 | $37,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
36 | $1,830,000 |
$50,000 | $257,000 |
$33,000 | $93,000 |
| Debt-To-Income Ratio |
11 | $745,000 |
$67,000 | $207,000 |
$30,000 | $48,000 |
| 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 FIVE STAR CREDIT UNION by:
Metropolitan Area And
County
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