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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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JUSTICE FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
JUSTICE FEDERAL CREDIT UNION |
| Address | 5175 PARKSTONE DRIVE, SUITE 200
CHANTILLY, VA 20151 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 583 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $63,627,000 |
| Average Mortgage Loan Amount Applied For | $122,382 |
| Highest Mortgage Loan Amount Applied For | $1,050,000 |
| Average Applicant Income | $107,382 |
| Highest Applicant Income | $620,000 |
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| Home Improvement |
380 | $22,805,000 |
$60,000 | $250,000 |
$115,000 | $572,000 |
| Home Purchase |
134 | $30,673,000 |
$228,000 | $550,000 |
$99,000 | $352,000 |
| Refinancing |
135 | $26,928,000 |
$199,000 | $1,050,000 |
$118,000 | $620,000 |
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| American Indian or Alaskan Native |
3 | $537,000 |
$179,000 | $263,000 |
$70,000 | $72,000 |
| Asian |
9 | $1,030,000 |
$114,000 | $520,000 |
$133,000 | $214,000 |
| Black or African American |
80 | $9,781,000 |
$122,000 | $414,000 |
$113,000 | $476,000 |
| Hispanic |
11 | $1,585,000 |
$144,000 | $280,000 |
$71,000 | $121,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
374 | $48,651,000 |
$130,000 | $1,050,000 |
$111,000 | $620,000 |
| White |
172 | $18,822,000 |
$109,000 | $485,000 |
$116,000 | $344,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
649 | $80,406,000 |
$123,000 | $1,050,000 |
$112,000 | $620,000 |
| 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 |
23 | $3,767,000 |
$163,000 | $450,000 |
$93,000 | $235,000 |
| Application Denied By Financial Institution |
32 | $8,172,000 |
$255,000 | $1,050,000 |
$87,000 | $205,000 |
| Application Withdrawn By Applicant |
32 | $6,153,000 |
$192,000 | $564,000 |
$113,000 | $386,000 |
| File Closed For Incompleteness |
30 | $3,785,000 |
$126,000 | $520,000 |
$114,000 | $344,000 |
| Loan Originated |
496 | $48,724,000 |
$98,000 | $520,000 |
$116,000 | $620,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
27 | $8,136,000 |
$301,000 | $550,000 |
$104,000 | $223,000 |
| Preapproval Denied by Financial Institution |
9 | $1,669,000 |
$185,000 | $360,000 |
$61,000 | $122,000 |
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| Collateral |
4 | $1,097,000 |
$274,000 | $405,000 |
$106,000 | $140,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
17 | $4,084,000 |
$240,000 | $373,000 |
$89,000 | $205,000 |
| Debt-To-Income Ratio |
12 | $2,371,000 |
$197,000 | $350,000 |
$47,000 | $80,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $190,000 |
$190,000 | $190,000 |
$86,000 | $86,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $1,050,000 |
$1,050,000 | $1,050,000 |
$185,000 | $185,000 |
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Mortgage Loan App Totals for JUSTICE FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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