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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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LIBERTY FIRST CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
LIBERTY FIRST CREDIT UNION |
| Address | 501 NORTH 46TH STREET
LINCOLN, NE 68503 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 598 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $50,169,000 |
| Average Mortgage Loan Amount Applied For | $67,636 |
| Highest Mortgage Loan Amount Applied For | $379,000 |
| Average Applicant Income | $62,136 |
| Highest Applicant Income | $300,000 |
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| Home Improvement |
9 | $218,000 |
$24,000 | $52,000 |
$51,000 | $76,000 |
| Home Purchase |
355 | $40,884,000 |
$115,000 | $379,000 |
$64,000 | $1,800,000 |
| Refinancing |
365 | $24,889,000 |
$68,000 | $353,000 |
$65,000 | $196,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
9 | $889,000 |
$98,000 | $228,000 |
$66,000 | $160,000 |
| Black or African American |
11 | $917,000 |
$83,000 | $150,000 |
$57,000 | $179,000 |
| Hispanic |
11 | $775,000 |
$70,000 | $151,000 |
$55,000 | $132,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $107,000 |
$53,000 | $54,000 |
$156,000 | $159,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
124 | $10,321,000 |
$83,000 | $359,000 |
$56,000 | $196,000 |
| White |
572 | $52,982,000 |
$92,000 | $379,000 |
$66,000 | $1,800,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
688 | $61,159,000 |
$88,000 | $379,000 |
$65,000 | $1,800,000 |
| FHA-insured (Federal Housing Administration) |
30 | $3,212,000 |
$107,000 | $159,000 |
$48,000 | $105,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
11 | $1,620,000 |
$147,000 | $247,000 |
$54,000 | $94,000 |
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| Application Approved But Not Accepted |
16 | $1,183,000 |
$73,000 | $189,000 |
$50,000 | $95,000 |
| Application Denied By Financial Institution |
41 | $3,251,000 |
$79,000 | $187,000 |
$47,000 | $98,000 |
| Application Withdrawn By Applicant |
66 | $7,214,000 |
$109,000 | $330,000 |
$62,000 | $201,000 |
| File Closed For Incompleteness |
1 | $80,000 |
$80,000 | $80,000 |
$53,000 | $53,000 |
| Loan Originated |
474 | $38,441,000 |
$81,000 | $379,000 |
$66,000 | $300,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
103 | $12,924,000 |
$125,000 | $359,000 |
$74,000 | $1,800,000 |
| Preapproval Denied by Financial Institution |
28 | $2,898,000 |
$103,000 | $180,000 |
$40,000 | $129,000 |
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| Collateral |
4 | $315,000 |
$78,000 | $107,000 |
$49,000 | $75,000 |
| Credit Application Incomplete |
2 | $215,000 |
$107,000 | $115,000 |
$28,000 | $37,000 |
| Credit History |
36 | $3,526,000 |
$97,000 | $180,000 |
$42,000 | $93,000 |
| Debt-To-Income Ratio |
18 | $1,417,000 |
$78,000 | $187,000 |
$50,000 | $129,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $131,000 |
$131,000 | $131,000 |
$41,000 | $41,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $119,000 |
$59,000 | $105,000 |
$56,000 | $70,000 |
| Unverifiable Information |
1 | $90,000 |
$90,000 | $90,000 |
$75,000 | $75,000 |
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Mortgage Loan App Totals for LIBERTY FIRST CREDIT UNION by:
Metropolitan Area And
County
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