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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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KINECTA FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
KINECTA FEDERAL CREDIT UNION |
| Address | 1440 ROSECRANS AVE
MANHATTAN BEACH, CA 90266 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,807 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $577,218,000 |
| Average Mortgage Loan Amount Applied For | $330,237 |
| Highest Mortgage Loan Amount Applied For | $3,450,000 |
| Average Applicant Income | $228,391 |
| Highest Applicant Income | $6,000,000 |
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| Home Improvement |
32 | $12,255,000 |
$382,000 | $1,300,000 |
$147,000 | $540,000 |
| Home Purchase |
528 | $230,795,000 |
$437,000 | $3,450,000 |
$168,000 | $6,000,000 |
| Refinancing |
1,452 | $425,974,000 |
$293,000 | $2,863,000 |
$125,000 | $2,160,000 |
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| American Indian or Alaskan Native |
15 | $6,202,000 |
$413,000 | $1,688,000 |
$136,000 | $276,000 |
| Asian |
150 | $49,547,000 |
$330,000 | $1,700,000 |
$135,000 | $600,000 |
| Black or African American |
134 | $36,637,000 |
$273,000 | $960,000 |
$101,000 | $564,000 |
| Hispanic |
256 | $68,731,000 |
$268,000 | $1,085,000 |
$98,000 | $624,000 |
| Native Hawaiin or Other Pacific Islander |
16 | $3,533,000 |
$220,000 | $533,000 |
$74,000 | $162,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
635 | $221,720,000 |
$349,000 | $3,150,000 |
$133,000 | $2,160,000 |
| White |
806 | $282,654,000 |
$350,000 | $3,450,000 |
$160,000 | $6,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,012 | $669,024,000 |
$332,000 | $3,450,000 |
$137,000 | $6,000,000 |
| 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 |
119 | $35,361,000 |
$297,000 | $2,030,000 |
$127,000 | $960,000 |
| Application Denied By Financial Institution |
436 | $124,319,000 |
$285,000 | $1,800,000 |
$113,000 | $2,160,000 |
| Application Withdrawn By Applicant |
56 | $18,994,000 |
$339,000 | $2,863,000 |
$134,000 | $900,000 |
| File Closed For Incompleteness |
2 | $395,000 |
$197,000 | $220,000 |
$127,000 | $156,000 |
| Loan Originated |
1,207 | $406,676,000 |
$336,000 | $3,450,000 |
$149,000 | $6,000,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
7 | $2,375,000 |
$339,000 | $550,000 |
$122,000 | $240,000 |
| Preapproval Denied by Financial Institution |
185 | $80,904,000 |
$437,000 | $3,150,000 |
$122,000 | $942,000 |
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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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 KINECTA FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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