|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
INDIANA MEMBERS CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
INDIANA MEMBERS CREDIT UNION |
| Address | 4790 E. 96TH STREET, STE. 120
INDIANAPOLIS, IN 46240 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 802 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $107,352,000 |
| Average Mortgage Loan Amount Applied For | $122,484 |
| Highest Mortgage Loan Amount Applied For | $808,000 |
| Average Applicant Income | $81,878 |
| Highest Applicant Income | $882,000 |
|
|
|
| Home Improvement |
78 | $2,421,000 |
$31,000 | $100,000 |
$89,000 | $317,000 |
| Home Purchase |
438 | $64,453,000 |
$147,000 | $608,000 |
$82,000 | $663,000 |
| Refinancing |
373 | $52,066,000 |
$139,000 | $808,000 |
$82,000 | $882,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
39 | $7,213,000 |
$184,000 | $417,000 |
$108,000 | $559,000 |
| Black or African American |
41 | $4,766,000 |
$116,000 | $550,000 |
$63,000 | $309,000 |
| Hispanic |
13 | $2,186,000 |
$168,000 | $596,000 |
$106,000 | $324,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $872,000 |
$218,000 | $417,000 |
$77,000 | $138,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
18 | $1,414,000 |
$78,000 | $274,000 |
$82,000 | $245,000 |
| White |
774 | $102,489,000 |
$132,000 | $808,000 |
$82,000 | $882,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
889 | $118,940,000 |
$133,000 | $808,000 |
$83,000 | $882,000 |
| 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 |
29 | $3,866,000 |
$133,000 | $596,000 |
$65,000 | $324,000 |
| Application Denied By Financial Institution |
126 | $14,275,000 |
$113,000 | $520,000 |
$51,000 | $227,000 |
| Application Withdrawn By Applicant |
74 | $10,926,000 |
$147,000 | $458,000 |
$89,000 | $484,000 |
| File Closed For Incompleteness |
18 | $2,409,000 |
$133,000 | $600,000 |
$76,000 | $242,000 |
| Loan Originated |
626 | $84,906,000 |
$135,000 | $808,000 |
$90,000 | $882,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
16 | $2,558,000 |
$159,000 | $410,000 |
$67,000 | $134,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
19 | $1,997,000 |
$105,000 | $350,000 |
$65,000 | $227,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
51 | $5,307,000 |
$104,000 | $207,000 |
$46,000 | $105,000 |
| Debt-To-Income Ratio |
23 | $3,125,000 |
$135,000 | $520,000 |
$42,000 | $105,000 |
| Employment History |
9 | $999,000 |
$111,000 | $212,000 |
$42,000 | $92,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $90,000 |
$90,000 | $90,000 |
$32,000 | $32,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $223,000 |
$223,000 | $223,000 |
$107,000 | $107,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for INDIANA MEMBERS CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
