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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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IAA CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
IAA CREDIT UNION |
| Address | 808 IAA DRIVE
BLOOMINGTON, IL 61701 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 80 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,314,000 |
| Average Mortgage Loan Amount Applied For | $105,266 |
| Highest Mortgage Loan Amount Applied For | $332,000 |
| Average Applicant Income | $84,333 |
| Highest Applicant Income | $294,000 |
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| Home Improvement |
8 | $94,000 |
$11,000 | $20,000 |
$129,000 | $294,000 |
| Home Purchase |
32 | $3,558,000 |
$111,000 | $332,000 |
$80,000 | $260,000 |
| Refinancing |
40 | $4,662,000 |
$116,000 | $332,000 |
$70,000 | $207,000 |
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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 |
1 | $55,000 |
$55,000 | $55,000 |
$24,000 | $24,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $89,000 |
$89,000 | $89,000 |
$20,000 | $20,000 |
| White |
78 | $8,170,000 |
$104,000 | $332,000 |
$81,000 | $294,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
80 | $8,314,000 |
$103,000 | $332,000 |
$80,000 | $294,000 |
| 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 |
1 | $89,000 |
$89,000 | $89,000 |
$20,000 | $20,000 |
| Application Withdrawn By Applicant |
2 | $136,000 |
$68,000 | $88,000 |
$43,000 | $57,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
77 | $8,089,000 |
$105,000 | $332,000 |
$82,000 | $294,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $89,000 |
$89,000 | $89,000 |
$20,000 | $20,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 IAA CREDIT UNION by:
Metropolitan Area And
County
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