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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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ISLAND FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
ISLAND FEDERAL CREDIT UNION |
| Address | 120 MOTOR PARKWAY
HAUPPAUGE, NY 11788 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 219 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $23,921,000 |
| Average Mortgage Loan Amount Applied For | $103,636 |
| Highest Mortgage Loan Amount Applied For | $417,000 |
| Average Applicant Income | $153,272 |
| Highest Applicant Income | $500,000 |
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| Home Improvement |
157 | $9,693,000 |
$61,000 | $300,000 |
$111,000 | $500,000 |
| Home Purchase |
7 | $1,732,000 |
$247,000 | $417,000 |
$119,000 | $150,000 |
| Refinancing |
55 | $12,496,000 |
$227,000 | $410,000 |
$92,000 | $303,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $148,000 |
$74,000 | $115,000 |
$144,000 | $179,000 |
| Black or African American |
10 | $984,000 |
$98,000 | $260,000 |
$163,000 | $500,000 |
| Hispanic |
6 | $372,000 |
$62,000 | $194,000 |
$74,000 | $100,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
201 | $22,417,000 |
$111,000 | $417,000 |
$104,000 | $500,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
219 | $23,921,000 |
$109,000 | $417,000 |
$106,000 | $500,000 |
| 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 |
3 | $307,000 |
$102,000 | $150,000 |
$65,000 | $104,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
216 | $23,614,000 |
$109,000 | $417,000 |
$107,000 | $500,000 |
| 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 |
3 | $307,000 |
$102,000 | $150,000 |
$65,000 | $104,000 |
| 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 ISLAND FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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