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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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LOWLAND CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
LOWLAND CREDIT UNION |
| Address | 622 WEST 1ST NORTH ST
MORRISTOWN, TN 37814 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 66 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,801,000 |
| Average Mortgage Loan Amount Applied For | $49,285 |
| Highest Mortgage Loan Amount Applied For | $180,000 |
| Average Applicant Income | $67,000 |
| Highest Applicant Income | $256,000 |
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| Home Improvement |
11 | $451,000 |
$41,000 | $80,000 |
$58,000 | $130,000 |
| Home Purchase |
13 | $611,000 |
$47,000 | $180,000 |
$59,000 | $209,000 |
| Refinancing |
43 | $1,786,000 |
$41,000 | $150,000 |
$58,000 | $256,000 |
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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 |
2 | $28,000 |
$14,000 | $18,000 |
$22,000 | $26,000 |
| Hispanic |
3 | $90,000 |
$30,000 | $30,000 |
$256,000 | $256,000 |
| 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 |
62 | $2,730,000 |
$44,000 | $180,000 |
$50,000 | $209,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
67 | $2,848,000 |
$42,000 | $180,000 |
$58,000 | $256,000 |
| 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 |
3 | $236,000 |
$78,000 | $130,000 |
$32,000 | $34,000 |
| Application Withdrawn By Applicant |
7 | $204,000 |
$29,000 | $50,000 |
$29,000 | $41,000 |
| File Closed For Incompleteness |
1 | $20,000 |
$20,000 | $20,000 |
$24,000 | $24,000 |
| Loan Originated |
56 | $2,388,000 |
$42,000 | $180,000 |
$64,000 | $256,000 |
| 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 |
2 | $106,000 |
$53,000 | $57,000 |
$31,000 | $33,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $130,000 |
$130,000 | $130,000 |
$34,000 | $34,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for LOWLAND CREDIT UNION by:
Metropolitan Area And
County
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