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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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LSI CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
LSI CREDIT UNION |
| Address | 641 44TH STREET SE
GRAND RAPIDS, MI 49548 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 94 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,545,000 |
| Average Mortgage Loan Amount Applied For | $24,333 |
| Highest Mortgage Loan Amount Applied For | $140,000 |
| Average Applicant Income | $52,666 |
| Highest Applicant Income | $134,000 |
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| Home Improvement (one-to-four family) |
2 | $5,000 |
$2,000 | $4,000 |
$37,000 | $40,000 |
| Home Purchase (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
114 | $3,155,000 |
$27,000 | $140,000 |
$55,000 | $171,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian or Pacific Islander |
1 | $7,000 |
$7,000 | $7,000 |
$30,000 | $30,000 |
| Black |
3 | $54,000 |
$18,500 | $20,000 |
$56,500 | $67,000 |
| Hispanic |
2 | $56,000 |
$28,000 | $30,000 |
$49,000 | $76,000 |
| Information not provided by applicant in mail or telephone application |
1 | $4,000 |
$4,000 | $4,000 |
$35,000 | $35,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $114,000 |
$57,000 | $69,000 |
$53,000 | $58,000 |
| White |
107 | $2,925,000 |
$27,500 | $140,000 |
$53,000 | $171,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
116 | $3,160,000 |
$27,000 | $140,000 |
$54,000 | $171,000 |
| 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 |
5 | $277,000 |
$55,000 | $140,000 |
$43,000 | $108,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
111 | $2,883,000 |
$26,000 | $100,000 |
$54,500 | $171,000 |
| Loan Purchased By The 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $34,000 |
$34,000 | $34,000 |
$35,000 | $35,000 |
| 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 LSI CREDIT UNION by:
Metropolitan Area And
County
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