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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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LAND OF LINCOLN CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
LAND OF LINCOLN CREDIT UNION |
| Address | 3130 E MOUND RD
DECATUR, IL 62526 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 68 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,062,000 |
| Average Mortgage Loan Amount Applied For | $51,181 |
| Highest Mortgage Loan Amount Applied For | $122,000 |
| Average Applicant Income | $56,454 |
| Highest Applicant Income | $120,000 |
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| Home Improvement |
26 | $899,000 |
$34,000 | $100,000 |
$53,000 | $120,000 |
| Home Purchase |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing |
42 | $2,163,000 |
$51,000 | $122,000 |
$57,000 | $108,000 |
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| American Indian or Alaskan Native |
1 | $21,000 |
$21,000 | $21,000 |
$56,000 | $56,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
4 | $80,000 |
$20,000 | $25,000 |
$38,000 | $45,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
63 | $2,961,000 |
$47,000 | $122,000 |
$57,000 | $120,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
68 | $3,062,000 |
$45,000 | $122,000 |
$56,000 | $120,000 |
| 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 |
6 | $214,000 |
$35,000 | $100,000 |
$47,000 | $120,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
62 | $2,848,000 |
$45,000 | $122,000 |
$57,000 | $108,000 |
| 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 |
2 | $28,000 |
$14,000 | $20,000 |
$33,000 | $34,000 |
| Debt-To-Income Ratio |
3 | $156,000 |
$52,000 | $100,000 |
$57,000 | $120,000 |
| 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 |
1 | $30,000 |
$30,000 | $30,000 |
$45,000 | $45,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for LAND OF LINCOLN CREDIT UNION by:
Metropolitan Area And
County
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