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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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LOWER VALLEY CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
LOWER VALLEY CREDIT UNION |
| Address | 301 S. 7TH STREET
SUNNYSIDE, WA 98944 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 136 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,599,000 |
| Average Mortgage Loan Amount Applied For | $61,000 |
| Highest Mortgage Loan Amount Applied For | $262,000 |
| Average Applicant Income | $54,750 |
| Highest Applicant Income | $240,000 |
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| Home Improvement |
27 | $756,000 |
$28,000 | $262,000 |
$53,000 | $232,000 |
| Home Purchase |
54 | $2,004,000 |
$37,000 | $175,000 |
$49,000 | $240,000 |
| Refinancing |
55 | $1,839,000 |
$33,000 | $114,000 |
$40,000 | $95,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $40,000 |
$40,000 | $40,000 |
$59,000 | $59,000 |
| Hispanic |
88 | $2,087,000 |
$23,000 | $104,000 |
$38,000 | $106,000 |
| 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 |
47 | $2,472,000 |
$52,000 | $262,000 |
$62,000 | $240,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
136 | $4,599,000 |
$33,000 | $262,000 |
$46,000 | $240,000 |
| 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 |
70 | $2,360,000 |
$33,000 | $262,000 |
$36,000 | $96,000 |
| Application Withdrawn By Applicant |
3 | $69,000 |
$23,000 | $45,000 |
$38,000 | $66,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
63 | $2,170,000 |
$34,000 | $160,000 |
$59,000 | $240,000 |
| 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 |
21 | $843,000 |
$40,000 | $262,000 |
$43,000 | $87,000 |
| Credit Application Incomplete |
1 | $16,000 |
$16,000 | $16,000 |
$13,000 | $13,000 |
| Credit History |
19 | $433,000 |
$22,000 | $67,000 |
$35,000 | $96,000 |
| Debt-To-Income Ratio |
11 | $374,000 |
$34,000 | $113,000 |
$33,000 | $64,000 |
| Employment History |
1 | $10,000 |
$10,000 | $10,000 |
$48,000 | $48,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
2 | $32,000 |
$16,000 | $16,000 |
$13,000 | $13,000 |
| Other |
14 | $650,000 |
$46,000 | $175,000 |
$31,000 | $62,000 |
| Unverifiable Information |
1 | $2,000 |
$2,000 | $2,000 |
$29,000 | $29,000 |
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Mortgage Loan App Totals for LOWER VALLEY CREDIT UNION by:
Metropolitan Area And
County
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