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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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HUTCHINSON CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
HUTCHINSON CREDIT UNION |
| Address | 900 E 23RD
HUTCHINSON, KS 67502 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 348 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $28,463,000 |
| Average Mortgage Loan Amount Applied For | $80,809 |
| Highest Mortgage Loan Amount Applied For | $1,150,000 |
| Average Applicant Income | $68,714 |
| Highest Applicant Income | $665,000 |
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| Home Improvement |
44 | $505,000 |
$11,000 | $35,000 |
$56,000 | $122,000 |
| Home Purchase |
263 | $23,794,000 |
$90,000 | $522,000 |
$51,000 | $151,000 |
| Refinancing |
119 | $11,560,000 |
$97,000 | $1,150,000 |
$60,000 | $665,000 |
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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 |
6 | $294,000 |
$49,000 | $84,000 |
$37,000 | $47,000 |
| Hispanic |
21 | $1,313,000 |
$62,000 | $115,000 |
$36,000 | $77,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
28 | $2,150,000 |
$76,000 | $294,000 |
$54,000 | $104,000 |
| White |
371 | $32,102,000 |
$86,000 | $1,150,000 |
$55,000 | $665,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
396 | $35,581,000 |
$89,000 | $1,150,000 |
$54,000 | $665,000 |
| FHA-insured (Federal Housing Administration) |
30 | $278,000 |
$9,000 | $25,000 |
$49,000 | $93,000 |
| 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 |
14 | $1,354,000 |
$96,000 | $300,000 |
$61,000 | $112,000 |
| Application Denied By Financial Institution |
64 | $4,144,000 |
$64,000 | $279,000 |
$32,000 | $72,000 |
| Application Withdrawn By Applicant |
88 | $10,256,000 |
$116,000 | $1,150,000 |
$61,000 | $665,000 |
| File Closed For Incompleteness |
23 | $2,249,000 |
$97,000 | $250,000 |
$49,000 | $128,000 |
| Loan Originated |
233 | $17,613,000 |
$75,000 | $522,000 |
$58,000 | $213,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $75,000 |
$75,000 | $75,000 |
$47,000 | $47,000 |
| Preapproval Denied by Financial Institution |
3 | $168,000 |
$56,000 | $60,000 |
$27,000 | $43,000 |
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| Collateral |
2 | $120,000 |
$60,000 | $99,000 |
$48,000 | $54,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
46 | $2,736,000 |
$59,000 | $155,000 |
$35,000 | $66,000 |
| Debt-To-Income Ratio |
15 | $1,245,000 |
$83,000 | $279,000 |
$25,000 | $72,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $153,000 |
$51,000 | $75,000 |
$29,000 | $33,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $58,000 |
$58,000 | $58,000 |
$19,000 | $19,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for HUTCHINSON CREDIT UNION by:
Metropolitan Area And
County
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