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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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GREAT RIVER FEDERAL CREDIT UNI
Mortgage Loans and Application Details
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| Mortgage Company Name |
GREAT RIVER FEDERAL CREDIT UNI |
| Address | 1532 ST GERMAIN STREET
ST CLOUD, MN 56301 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 74 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,506,000 |
| Average Mortgage Loan Amount Applied For | $79,666 |
| Highest Mortgage Loan Amount Applied For | $279,000 |
| Average Applicant Income | $47,833 |
| Highest Applicant Income | $120,000 |
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| Home Improvement |
19 | $709,000 |
$37,000 | $101,000 |
$54,000 | $120,000 |
| Home Purchase |
22 | $2,874,000 |
$130,000 | $250,000 |
$38,000 | $84,000 |
| Refinancing |
46 | $3,824,000 |
$83,000 | $279,000 |
$43,000 | $108,000 |
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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 |
1 | $120,000 |
$120,000 | $120,000 |
$31,000 | $31,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
86 | $7,287,000 |
$84,000 | $279,000 |
$44,000 | $120,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
86 | $7,287,000 |
$84,000 | $279,000 |
$44,000 | $120,000 |
| 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) |
1 | $120,000 |
$120,000 | $120,000 |
$31,000 | $31,000 |
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| Application Approved But Not Accepted |
4 | $767,000 |
$191,000 | $250,000 |
$54,000 | $75,000 |
| Application Denied By Financial Institution |
64 | $5,286,000 |
$82,000 | $279,000 |
$41,000 | $108,000 |
| Application Withdrawn By Applicant |
1 | $80,000 |
$80,000 | $80,000 |
$18,000 | $18,000 |
| File Closed For Incompleteness |
2 | $245,000 |
$122,000 | $153,000 |
$48,000 | $56,000 |
| Loan Originated |
15 | $909,000 |
$60,000 | $160,000 |
$59,000 | $120,000 |
| 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 |
1 | $120,000 |
$120,000 | $120,000 |
$31,000 | $31,000 |
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| Collateral |
3 | $172,000 |
$57,000 | $66,000 |
$42,000 | $55,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
22 | $1,623,000 |
$73,000 | $279,000 |
$50,000 | $108,000 |
| Debt-To-Income Ratio |
37 | $3,364,000 |
$90,000 | $200,000 |
$36,000 | $76,000 |
| Employment History |
1 | $132,000 |
$132,000 | $132,000 |
$61,000 | $61,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $85,000 |
$85,000 | $85,000 |
$30,000 | $30,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for GREAT RIVER FEDERAL CREDIT UNI by:
Metropolitan Area And
County
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