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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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LOCKHEED GA EMPLOYEES' FCU
Mortgage Loans and Application Details
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| Mortgage Company Name |
LOCKHEED GA EMPLOYEES' FCU |
| Address | P. O. BOX 1287
MARIETTA, GA 30061 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,314 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $70,019,000 |
| Average Mortgage Loan Amount Applied For | $57,931 |
| Highest Mortgage Loan Amount Applied For | $412,000 |
| Average Applicant Income | $78,545 |
| Highest Applicant Income | $565,000 |
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| Home Improvement |
1,111 | $39,230,000 |
$35,000 | $230,000 |
$75,000 | $565,000 |
| Home Purchase |
225 | $38,695,000 |
$171,000 | $500,000 |
$73,000 | $262,000 |
| Refinancing |
131 | $18,475,000 |
$141,000 | $412,000 |
$70,000 | $198,000 |
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| American Indian or Alaskan Native |
7 | $634,000 |
$90,000 | $225,000 |
$71,000 | $160,000 |
| Asian |
14 | $1,643,000 |
$117,000 | $400,000 |
$78,000 | $107,000 |
| Black or African American |
163 | $11,897,000 |
$72,000 | $412,000 |
$62,000 | $157,000 |
| Hispanic |
30 | $1,561,000 |
$52,000 | $194,000 |
$67,000 | $156,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
338 | $29,500,000 |
$87,000 | $400,000 |
$68,000 | $295,000 |
| White |
915 | $51,165,000 |
$55,000 | $500,000 |
$79,000 | $565,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,467 | $96,400,000 |
$65,000 | $500,000 |
$74,000 | $565,000 |
| 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 |
1 | $95,000 |
$95,000 | $95,000 |
$40,000 | $40,000 |
| Application Denied By Financial Institution |
373 | $31,287,000 |
$83,000 | $412,000 |
$64,000 | $272,000 |
| Application Withdrawn By Applicant |
299 | $28,965,000 |
$96,000 | $500,000 |
$74,000 | $295,000 |
| File Closed For Incompleteness |
1 | $40,000 |
$40,000 | $40,000 |
$30,000 | $30,000 |
| Loan Originated |
793 | $36,013,000 |
$45,000 | $344,000 |
$79,000 | $565,000 |
| 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 |
5 | $153,000 |
$30,000 | $50,000 |
$61,000 | $86,000 |
| Credit Application Incomplete |
1 | $400,000 |
$400,000 | $400,000 |
$155,000 | $155,000 |
| Credit History |
136 | $10,609,000 |
$78,000 | $412,000 |
$67,000 | $159,000 |
| Debt-To-Income Ratio |
97 | $7,683,000 |
$79,000 | $400,000 |
$51,000 | $160,000 |
| Employment History |
2 | $227,000 |
$113,000 | $202,000 |
$78,000 | $120,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
1 | $70,000 |
$70,000 | $70,000 |
$199,000 | $199,000 |
| Other |
54 | $5,549,000 |
$102,000 | $352,000 |
$71,000 | $179,000 |
| Unverifiable Information |
57 | $5,145,000 |
$90,000 | $400,000 |
$71,000 | $272,000 |
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Mortgage Loan App Totals for LOCKHEED GA EMPLOYEES' FCU by:
Metropolitan Area And
County
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