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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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HEARTLAND CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
HEARTLAND CREDIT UNION |
| Address | 5325 HIGH CROSSING BLVD
MADISON, WI 53718 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 235 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $19,566,000 |
| Average Mortgage Loan Amount Applied For | $86,277 |
| Highest Mortgage Loan Amount Applied For | $413,000 |
| Average Applicant Income | $63,944 |
| Highest Applicant Income | $492,000 |
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| Home Improvement |
82 | $2,174,000 |
$26,000 | $100,000 |
$67,000 | $189,000 |
| Home Purchase |
60 | $8,280,000 |
$138,000 | $289,000 |
$61,000 | $184,000 |
| Refinancing |
93 | $9,112,000 |
$97,000 | $413,000 |
$68,000 | $492,000 |
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| American Indian or Alaskan Native |
3 | $449,000 |
$149,000 | $342,000 |
$105,000 | $197,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
3 | $355,000 |
$118,000 | $165,000 |
$64,000 | $100,000 |
| 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 |
229 | $18,762,000 |
$81,000 | $413,000 |
$65,000 | $492,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
235 | $19,566,000 |
$83,000 | $413,000 |
$66,000 | $492,000 |
| 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 |
6 | $538,000 |
$89,000 | $196,000 |
$55,000 | $113,000 |
| Application Withdrawn By Applicant |
15 | $1,437,000 |
$95,000 | $342,000 |
$76,000 | $197,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
214 | $17,591,000 |
$82,000 | $413,000 |
$65,000 | $492,000 |
| 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 |
1 | $63,000 |
$63,000 | $63,000 |
$44,000 | $44,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $196,000 |
$196,000 | $196,000 |
$113,000 | $113,000 |
| Debt-To-Income Ratio |
2 | $254,000 |
$127,000 | $165,000 |
$44,000 | $65,000 |
| Employment History |
2 | $25,000 |
$12,000 | $15,000 |
$42,000 | $49,000 |
| 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 HEARTLAND CREDIT UNION by:
Metropolitan Area And
County
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