|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
LUSO AMERICAN CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
LUSO AMERICAN CREDIT UNION |
| Address | 37 TREMONT ST
PEABODY, MA 01960 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 25 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,109,000 |
| Average Mortgage Loan Amount Applied For | $100,500 |
| Highest Mortgage Loan Amount Applied For | $400,000 |
| Average Applicant Income | $224,500 |
| Highest Applicant Income | $387,000 |
|
|
|
| Home Improvement |
14 | $554,000 |
$39,000 | $75,000 |
$73,000 | $387,000 |
| Home Purchase |
1 | $400,000 |
$400,000 | $400,000 |
$128,000 | $128,000 |
| Refinancing |
10 | $2,155,000 |
$215,000 | $346,000 |
$72,000 | $150,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
5 | $840,000 |
$168,000 | $346,000 |
$53,000 | $68,000 |
| 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 |
20 | $2,269,000 |
$113,000 | $400,000 |
$80,000 | $387,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
25 | $3,109,000 |
$124,000 | $400,000 |
$75,000 | $387,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
5 | $1,120,000 |
$224,000 | $346,000 |
$51,000 | $55,000 |
| Application Withdrawn By Applicant |
1 | $142,000 |
$142,000 | $142,000 |
$150,000 | $150,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
19 | $1,847,000 |
$97,000 | $400,000 |
$77,000 | $387,000 |
| 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 |
|
|
| Collateral |
1 | $74,000 |
$74,000 | $74,000 |
$54,000 | $54,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
4 | $1,046,000 |
$261,000 | $346,000 |
$50,000 | $55,000 |
| 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 |
|
Mortgage Loan App Totals for LUSO AMERICAN CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
