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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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HERITAGE TRUST FEDERAL CREDIT
Mortgage Loans and Application Details
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| Mortgage Company Name |
HERITAGE TRUST FEDERAL CREDIT |
| Address | 200 MARYMEADE DRIVE
SUMMERVILLE, SC 29483 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 303 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $34,935,000 |
| Average Mortgage Loan Amount Applied For | $96,736 |
| Highest Mortgage Loan Amount Applied For | $400,000 |
| Average Applicant Income | $65,210 |
| Highest Applicant Income | $530,000 |
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| Home Improvement |
76 | $1,938,000 |
$25,000 | $100,000 |
$71,000 | $530,000 |
| Home Purchase |
124 | $19,138,000 |
$154,000 | $400,000 |
$51,000 | $147,000 |
| Refinancing |
136 | $18,831,000 |
$138,000 | $325,000 |
$65,000 | $497,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $145,000 |
$145,000 | $145,000 |
$68,000 | $68,000 |
| Black or African American |
95 | $10,262,000 |
$108,000 | $351,000 |
$56,000 | $360,000 |
| Hispanic |
9 | $908,000 |
$100,000 | $185,000 |
$55,000 | $77,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $90,000 |
$90,000 | $90,000 |
$23,000 | $23,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $139,000 |
$139,000 | $139,000 |
$20,000 | $20,000 |
| White |
229 | $28,363,000 |
$123,000 | $400,000 |
$64,000 | $530,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
329 | $38,738,000 |
$117,000 | $400,000 |
$61,000 | $530,000 |
| FHA-insured (Federal Housing Administration) |
1 | $100,000 |
$100,000 | $100,000 |
$48,000 | $48,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
6 | $1,069,000 |
$178,000 | $321,000 |
$68,000 | $147,000 |
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| Application Approved But Not Accepted |
2 | $400,000 |
$200,000 | $250,000 |
$127,000 | $135,000 |
| Application Denied By Financial Institution |
90 | $11,592,000 |
$128,000 | $400,000 |
$59,000 | $497,000 |
| Application Withdrawn By Applicant |
63 | $8,486,000 |
$134,000 | $360,000 |
$57,000 | $530,000 |
| File Closed For Incompleteness |
2 | $237,000 |
$118,000 | $135,000 |
$40,000 | $53,000 |
| Loan Originated |
170 | $17,692,000 |
$104,000 | $351,000 |
$64,000 | $217,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
4 | $727,000 |
$181,000 | $291,000 |
$50,000 | $70,000 |
| Preapproval Denied by Financial Institution |
5 | $773,000 |
$154,000 | $320,000 |
$27,000 | $50,000 |
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| Collateral |
9 | $1,339,000 |
$148,000 | $321,000 |
$58,000 | $147,000 |
| Credit Application Incomplete |
1 | $150,000 |
$150,000 | $150,000 |
$44,000 | $44,000 |
| Credit History |
39 | $5,071,000 |
$130,000 | $342,000 |
$55,000 | $360,000 |
| Debt-To-Income Ratio |
14 | $1,536,000 |
$109,000 | $180,000 |
$36,000 | $91,000 |
| Employment History |
1 | $160,000 |
$160,000 | $160,000 |
$55,000 | $55,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $187,000 |
$93,000 | $102,000 |
$55,000 | $91,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for HERITAGE TRUST FEDERAL CREDIT by:
Metropolitan Area And
County
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