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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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GEICO FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
GEICO FEDERAL CREDIT UNION |
| Address | 5260 WESTERN AVENUE
CHEVY CHASE, MD 20815 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 132 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $14,451,000 |
| Average Mortgage Loan Amount Applied For | $101,628 |
| Highest Mortgage Loan Amount Applied For | $417,000 |
| Average Applicant Income | $76,485 |
| Highest Applicant Income | $189,000 |
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| Home Improvement |
80 | $4,674,000 |
$58,000 | $360,000 |
$82,000 | $189,000 |
| Home Purchase |
20 | $3,723,000 |
$186,000 | $417,000 |
$79,000 | $142,000 |
| Refinancing |
33 | $6,154,000 |
$186,000 | $417,000 |
$89,000 | $156,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
10 | $1,662,000 |
$166,000 | $360,000 |
$96,000 | $183,000 |
| Black or African American |
22 | $2,641,000 |
$120,000 | $386,000 |
$80,000 | $124,000 |
| Hispanic |
2 | $584,000 |
$292,000 | $417,000 |
$135,000 | $156,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
12 | $377,000 |
$31,000 | $100,000 |
$56,000 | $122,000 |
| White |
87 | $9,287,000 |
$106,000 | $417,000 |
$86,000 | $189,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
133 | $14,551,000 |
$109,000 | $417,000 |
$83,000 | $189,000 |
| 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 |
16 | $777,000 |
$48,000 | $250,000 |
$69,000 | $122,000 |
| Application Withdrawn By Applicant |
4 | $159,000 |
$39,000 | $75,000 |
$58,000 | $112,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
113 | $13,615,000 |
$120,000 | $417,000 |
$86,000 | $189,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $500,000 |
$71,000 | $250,000 |
$69,000 | $115,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 GEICO FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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