|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
GREAT WISCONSIN CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
GREAT WISCONSIN CREDIT UNION |
| Address | 2424 RIMROCK ROAD
MADISON, WI 53713 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 718 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $69,481,000 |
| Average Mortgage Loan Amount Applied For | $131,241 |
| Highest Mortgage Loan Amount Applied For | $841,000 |
| Average Applicant Income | $79,206 |
| Highest Applicant Income | $808,000 |
|
|
|
| Home Improvement |
129 | $5,223,000 |
$40,000 | $302,000 |
$88,000 | $808,000 |
| Home Purchase |
207 | $33,019,000 |
$159,000 | $644,000 |
$72,000 | $330,000 |
| Refinancing |
457 | $43,369,000 |
$94,000 | $841,000 |
$79,000 | $273,000 |
|
|
| American Indian or Alaskan Native |
1 | $97,000 |
$97,000 | $97,000 |
$43,000 | $43,000 |
| Asian |
13 | $1,226,000 |
$94,000 | $350,000 |
$92,000 | $252,000 |
| Black or African American |
2 | $162,000 |
$81,000 | $135,000 |
$61,000 | $76,000 |
| Hispanic |
14 | $1,107,000 |
$79,000 | $230,000 |
$67,000 | $115,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $95,000 |
$95,000 | $95,000 |
$50,000 | $50,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
35 | $2,803,000 |
$80,000 | $350,000 |
$80,000 | $275,000 |
| White |
727 | $76,121,000 |
$104,000 | $841,000 |
$79,000 | $808,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
792 | $81,586,000 |
$103,000 | $841,000 |
$79,000 | $808,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $25,000 |
$25,000 | $25,000 |
$52,000 | $52,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
30 | $5,674,000 |
$189,000 | $841,000 |
$59,000 | $252,000 |
| Application Withdrawn By Applicant |
47 | $8,328,000 |
$177,000 | $370,000 |
$76,000 | $275,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
643 | $55,777,000 |
$86,000 | $644,000 |
$82,000 | $808,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
50 | $8,640,000 |
$172,000 | $344,000 |
$63,000 | $155,000 |
| Preapproval Denied by Financial Institution |
23 | $3,192,000 |
$138,000 | $285,000 |
$47,000 | $87,000 |
|
|
| Collateral |
2 | $237,000 |
$118,000 | $132,000 |
$44,000 | $63,000 |
| Credit Application Incomplete |
1 | $841,000 |
$841,000 | $841,000 |
$252,000 | $252,000 |
| Credit History |
26 | $4,116,000 |
$158,000 | $366,000 |
$57,000 | $109,000 |
| Debt-To-Income Ratio |
15 | $2,365,000 |
$157,000 | $417,000 |
$40,000 | $83,000 |
| Employment History |
4 | $568,000 |
$142,000 | $192,000 |
$46,000 | $61,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $150,000 |
$150,000 | $150,000 |
$38,000 | $38,000 |
| Mortgage Insurance Denied |
1 | $131,000 |
$131,000 | $131,000 |
$40,000 | $40,000 |
| Other |
3 | $458,000 |
$152,000 | $173,000 |
$57,000 | $64,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for GREAT WISCONSIN CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
