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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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FORUM CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
FORUM CREDIT UNION |
| Address | 11313 USA PARKWAY
FISHERS, IN 46038-0000 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,267 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $149,788,000 |
| Average Mortgage Loan Amount Applied For | $175,589 |
| Highest Mortgage Loan Amount Applied For | $1,900,000 |
| Average Applicant Income | $153,794 |
| Highest Applicant Income | $1,800,000 |
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| Home Improvement |
281 | $10,959,000 |
$39,000 | $265,000 |
$88,000 | $775,000 |
| Home Purchase |
837 | $127,302,000 |
$152,000 | $1,900,000 |
$92,000 | $1,800,000 |
| Refinancing |
438 | $55,467,000 |
$126,000 | $1,400,000 |
$90,000 | $1,800,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
22 | $3,614,000 |
$164,000 | $1,400,000 |
$208,000 | $1,800,000 |
| Black or African American |
49 | $5,563,000 |
$113,000 | $800,000 |
$84,000 | $321,000 |
| Hispanic |
9 | $815,000 |
$90,000 | $256,000 |
$53,000 | $101,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
194 | $25,289,000 |
$130,000 | $1,260,000 |
$92,000 | $775,000 |
| White |
1,282 | $158,447,000 |
$123,000 | $1,900,000 |
$89,000 | $620,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,556 | $193,728,000 |
$124,000 | $1,900,000 |
$91,000 | $1,800,000 |
| 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 |
46 | $5,330,000 |
$115,000 | $500,000 |
$106,000 | $404,000 |
| Application Denied By Financial Institution |
7 | $1,828,000 |
$261,000 | $880,000 |
$120,000 | $465,000 |
| Application Withdrawn By Applicant |
399 | $63,253,000 |
$158,000 | $1,300,000 |
$77,000 | $420,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,104 | $123,317,000 |
$111,000 | $1,900,000 |
$95,000 | $1,800,000 |
| 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 | $466,000 |
$155,000 | $223,000 |
$67,000 | $79,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $1,230,000 |
$410,000 | $880,000 |
$202,000 | $465,000 |
| Debt-To-Income Ratio |
1 | $132,000 |
$132,000 | $132,000 |
$32,000 | $32,000 |
| 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 FORUM CREDIT UNION by:
Metropolitan Area And
County
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