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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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IOWA COMMUNITY CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
IOWA COMMUNITY CREDIT UNION |
| Address | 320 W. 2ND ST.
WATERLOO, IA 50701 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 172 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,268,000 |
| Average Mortgage Loan Amount Applied For | $40,428 |
| Highest Mortgage Loan Amount Applied For | $232,000 |
| Average Applicant Income | $66,190 |
| Highest Applicant Income | $316,000 |
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| Home Improvement |
10 | $410,000 |
$41,000 | $150,000 |
$68,000 | $316,000 |
| Home Purchase |
42 | $2,397,000 |
$57,000 | $158,000 |
$50,000 | $104,000 |
| Refinancing |
120 | $4,461,000 |
$37,000 | $232,000 |
$63,000 | $316,000 |
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| American Indian or Alaskan Native |
1 | $10,000 |
$10,000 | $10,000 |
$38,000 | $38,000 |
| Asian |
1 | $64,000 |
$64,000 | $64,000 |
$48,000 | $48,000 |
| Black or African American |
10 | $232,000 |
$23,000 | $42,000 |
$38,000 | $79,000 |
| 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 |
5 | $82,000 |
$16,000 | $35,000 |
$44,000 | $95,000 |
| White |
155 | $6,880,000 |
$44,000 | $232,000 |
$62,000 | $316,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
172 | $7,268,000 |
$42,000 | $232,000 |
$60,000 | $316,000 |
| 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 |
24 | $632,000 |
$26,000 | $92,000 |
$36,000 | $95,000 |
| Application Withdrawn By Applicant |
13 | $660,000 |
$50,000 | $144,000 |
$41,000 | $115,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
135 | $5,976,000 |
$44,000 | $232,000 |
$66,000 | $316,000 |
| 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 |
2 | $45,000 |
$22,000 | $37,000 |
$60,000 | $69,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
18 | $505,000 |
$28,000 | $92,000 |
$31,000 | $69,000 |
| Debt-To-Income Ratio |
4 | $82,000 |
$20,000 | $49,000 |
$45,000 | $95,000 |
| 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 IOWA COMMUNITY CREDIT UNION by:
Metropolitan Area And
County
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