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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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FORT FINANCIAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
FORT FINANCIAL CREDIT UNION |
| Address | 3102 SPRING ST
FT WAYNE, IN 46808 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 219 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,895,000 |
| Average Mortgage Loan Amount Applied For | $40,000 |
| Highest Mortgage Loan Amount Applied For | $355,000 |
| Average Applicant Income | $49,600 |
| Highest Applicant Income | $1,440,000 |
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| Home Improvement |
182 | $5,397,000 |
$29,000 | $130,000 |
$66,000 | $1,440,000 |
| Home Purchase |
19 | $2,048,000 |
$107,000 | $355,000 |
$50,000 | $104,000 |
| Refinancing |
18 | $1,450,000 |
$80,000 | $170,000 |
$53,000 | $141,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $95,000 |
$31,000 | $50,000 |
$41,000 | $53,000 |
| Black or African American |
4 | $90,000 |
$22,000 | $60,000 |
$33,000 | $36,000 |
| Hispanic |
6 | $218,000 |
$36,000 | $104,000 |
$68,000 | $128,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $24,000 |
$24,000 | $24,000 |
$63,000 | $63,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
7 | $449,000 |
$64,000 | $137,000 |
$36,000 | $43,000 |
| White |
198 | $8,019,000 |
$40,000 | $355,000 |
$66,000 | $1,440,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
219 | $8,895,000 |
$40,000 | $355,000 |
$64,000 | $1,440,000 |
| 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 |
35 | $1,375,000 |
$39,000 | $130,000 |
$70,000 | $390,000 |
| Application Denied By Financial Institution |
52 | $1,494,000 |
$28,000 | $137,000 |
$73,000 | $1,440,000 |
| Application Withdrawn By Applicant |
8 | $397,000 |
$49,000 | $92,000 |
$54,000 | $69,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
124 | $5,629,000 |
$45,000 | $355,000 |
$59,000 | $180,000 |
| 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 |
5 | $237,000 |
$47,000 | $81,000 |
$40,000 | $52,000 |
| Credit Application Incomplete |
1 | $137,000 |
$137,000 | $137,000 |
$40,000 | $40,000 |
| Credit History |
21 | $498,000 |
$23,000 | $64,000 |
$116,000 | $1,440,000 |
| Debt-To-Income Ratio |
14 | $294,000 |
$21,000 | $60,000 |
$44,000 | $81,000 |
| Employment History |
2 | $95,000 |
$47,000 | $85,000 |
$39,000 | $43,000 |
| 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 FORT FINANCIAL CREDIT UNION by:
Metropolitan Area And
County
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