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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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FLORIDA CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
FLORIDA CREDIT UNION |
| Address | 1615 NW 80TH BLVD
GAINESVILLE, FL 32606 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 46 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,519,000 |
| Average Mortgage Loan Amount Applied For | $91,666 |
| Highest Mortgage Loan Amount Applied For | $350,000 |
| Average Applicant Income | $57,250 |
| Highest Applicant Income | $119,000 |
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| Home Improvement |
13 | $389,000 |
$29,000 | $90,000 |
$79,000 | $313,000 |
| Home Purchase |
81 | $8,513,000 |
$105,000 | $350,000 |
$48,000 | $119,000 |
| Refinancing |
5 | $796,000 |
$159,000 | $301,000 |
$71,000 | $154,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
14 | $1,052,000 |
$75,000 | $220,000 |
$37,000 | $76,000 |
| Hispanic |
4 | $346,000 |
$86,000 | $228,000 |
$44,000 | $61,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
9 | $522,000 |
$58,000 | $125,000 |
$58,000 | $113,000 |
| White |
72 | $7,778,000 |
$108,000 | $350,000 |
$56,000 | $313,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
99 | $9,698,000 |
$97,000 | $350,000 |
$53,000 | $313,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
36 | $3,008,000 |
$83,000 | $228,000 |
$44,000 | $107,000 |
| Application Withdrawn By Applicant |
44 | $4,881,000 |
$110,000 | $301,000 |
$52,000 | $154,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
19 | $1,809,000 |
$95,000 | $350,000 |
$74,000 | $313,000 |
| 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 |
1 | $50,000 |
$50,000 | $50,000 |
$80,000 | $80,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $30,000 |
$15,000 | $15,000 |
$46,000 | $65,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $40,000 |
$40,000 | $40,000 |
$39,000 | $39,000 |
| 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 FLORIDA CREDIT UNION by:
Metropolitan Area And
County
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