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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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KEMBA FINANCIAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
KEMBA FINANCIAL CREDIT UNION |
| Address | 555 OFFICENTER PL
GAHANNA, OH 43230 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 341 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $25,209,000 |
| Average Mortgage Loan Amount Applied For | $65,911 |
| Highest Mortgage Loan Amount Applied For | $350,000 |
| Average Applicant Income | $69,733 |
| Highest Applicant Income | $272,000 |
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| Home Improvement |
14 | $210,000 |
$15,000 | $80,000 |
$51,000 | $120,000 |
| Home Purchase |
125 | $15,522,000 |
$124,000 | $800,000 |
$62,000 | $212,000 |
| Refinancing |
265 | $16,784,000 |
$63,000 | $350,000 |
$69,000 | $272,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $175,000 |
$175,000 | $175,000 |
$169,000 | $169,000 |
| Black or African American |
29 | $1,846,000 |
$63,000 | $180,000 |
$58,000 | $178,000 |
| Hispanic |
6 | $353,000 |
$58,000 | $150,000 |
$89,000 | $140,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
162 | $12,365,000 |
$76,000 | $800,000 |
$58,000 | $212,000 |
| White |
206 | $17,777,000 |
$86,000 | $350,000 |
$73,000 | $272,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
404 | $32,516,000 |
$80,000 | $800,000 |
$66,000 | $272,000 |
| 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 |
2 | $305,000 |
$152,000 | $185,000 |
$79,000 | $104,000 |
| Application Denied By Financial Institution |
99 | $7,317,000 |
$73,000 | $350,000 |
$54,000 | $200,000 |
| Application Withdrawn By Applicant |
10 | $439,000 |
$43,000 | $130,000 |
$37,000 | $73,000 |
| File Closed For Incompleteness |
3 | $426,000 |
$142,000 | $245,000 |
$70,000 | $127,000 |
| Loan Originated |
232 | $17,054,000 |
$73,000 | $340,000 |
$77,000 | $272,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
5 | $719,000 |
$143,000 | $186,000 |
$69,000 | $169,000 |
| Preapproval Denied by Financial Institution |
53 | $6,256,000 |
$118,000 | $800,000 |
$48,000 | $168,000 |
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| Collateral |
19 | $1,693,000 |
$89,000 | $350,000 |
$72,000 | $200,000 |
| Credit Application Incomplete |
2 | $180,000 |
$90,000 | $100,000 |
$31,000 | $32,000 |
| Credit History |
76 | $5,570,000 |
$73,000 | $250,000 |
$50,000 | $131,000 |
| Debt-To-Income Ratio |
15 | $1,803,000 |
$120,000 | $261,000 |
$49,000 | $84,000 |
| Employment History |
3 | $275,000 |
$91,000 | $130,000 |
$48,000 | $50,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
2 | $161,000 |
$80,000 | $156,000 |
$43,000 | $55,000 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $100,000 |
$100,000 | $100,000 |
$36,000 | $36,000 |
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Mortgage Loan App Totals for KEMBA FINANCIAL CREDIT UNION by:
Metropolitan Area And
County
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