|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
HONDA FEDERAL CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
HONDA FEDERAL CREDIT UNION |
| Address | 17655 ECHO DRIVE
MARYSVILLE, OH 43040 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 872 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $60,167,000 |
| Average Mortgage Loan Amount Applied For | $72,627 |
| Highest Mortgage Loan Amount Applied For | $800,000 |
| Average Applicant Income | $74,651 |
| Highest Applicant Income | $1,440,000 |
|
|
|
| Home Improvement |
450 | $17,209,000 |
$38,000 | $350,000 |
$82,000 | $310,000 |
| Home Purchase |
315 | $42,535,000 |
$135,000 | $700,000 |
$66,000 | $690,000 |
| Refinancing |
340 | $33,961,000 |
$99,000 | $800,000 |
$76,000 | $1,440,000 |
|
|
| American Indian or Alaskan Native |
4 | $355,000 |
$88,000 | $175,000 |
$53,000 | $101,000 |
| Asian |
31 | $4,876,000 |
$157,000 | $700,000 |
$116,000 | $256,000 |
| Black or African American |
61 | $6,904,000 |
$113,000 | $390,000 |
$65,000 | $166,000 |
| Hispanic |
12 | $1,311,000 |
$109,000 | $288,000 |
$81,000 | $136,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $50,000 |
$50,000 | $50,000 |
$93,000 | $93,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
11 | $1,403,000 |
$127,000 | $335,000 |
$72,000 | $104,000 |
| White |
985 | $78,806,000 |
$80,000 | $800,000 |
$75,000 | $1,440,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,105 | $93,705,000 |
$84,000 | $800,000 |
$76,000 | $1,440,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
79 | $11,185,000 |
$141,000 | $420,000 |
$73,000 | $179,000 |
| Application Denied By Financial Institution |
334 | $29,800,000 |
$89,000 | $800,000 |
$69,000 | $1,440,000 |
| Application Withdrawn By Applicant |
92 | $11,251,000 |
$122,000 | $400,000 |
$73,000 | $219,000 |
| File Closed For Incompleteness |
7 | $624,000 |
$89,000 | $200,000 |
$92,000 | $177,000 |
| Loan Originated |
525 | $31,044,000 |
$59,000 | $470,000 |
$82,000 | $310,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
18 | $2,765,000 |
$153,000 | $260,000 |
$68,000 | $156,000 |
| Preapproval Denied by Financial Institution |
50 | $7,036,000 |
$140,000 | $540,000 |
$73,000 | $690,000 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
45 | $3,654,000 |
$81,000 | $243,000 |
$62,000 | $115,000 |
| Debt-To-Income Ratio |
30 | $2,410,000 |
$80,000 | $212,000 |
$57,000 | $165,000 |
| Employment History |
1 | $90,000 |
$90,000 | $90,000 |
$25,000 | $25,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $91,000 |
$91,000 | $91,000 |
$52,000 | $52,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
45 | $4,466,000 |
$99,000 | $335,000 |
$69,000 | $178,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for HONDA FEDERAL CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
