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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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MACO EDUCATORS FEDERAL CU
Mortgage Loans and Application Details
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| Mortgage Company Name |
MACO EDUCATORS FEDERAL CU |
| Address | 3048 EAGLE DRIVE
WOODSTOCK, GA 30189 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 150 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $20,931,000 |
| Average Mortgage Loan Amount Applied For | $148,357 |
| Highest Mortgage Loan Amount Applied For | $500,000 |
| Average Applicant Income | $61,928 |
| Highest Applicant Income | $612,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
179 | $25,799,000 |
$144,000 | $623,000 |
$65,000 | $612,000 |
| Refinancing |
86 | $12,525,000 |
$145,000 | $500,000 |
$74,000 | $299,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
7 | $860,000 |
$122,000 | $168,000 |
$62,000 | $93,000 |
| Black or African American |
26 | $3,814,000 |
$146,000 | $240,000 |
$54,000 | $151,000 |
| Hispanic |
4 | $641,000 |
$160,000 | $190,000 |
$72,000 | $154,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
46 | $6,679,000 |
$145,000 | $350,000 |
$62,000 | $156,000 |
| White |
182 | $26,330,000 |
$144,000 | $623,000 |
$71,000 | $612,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
265 | $38,324,000 |
$144,000 | $623,000 |
$68,000 | $612,000 |
| 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 |
38 | $5,635,000 |
$148,000 | $392,000 |
$65,000 | $299,000 |
| Application Denied By Financial Institution |
41 | $6,634,000 |
$161,000 | $623,000 |
$51,000 | $144,000 |
| Application Withdrawn By Applicant |
11 | $1,391,000 |
$126,000 | $279,000 |
$71,000 | $114,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
117 | $15,599,000 |
$133,000 | $375,000 |
$78,000 | $612,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
57 | $8,936,000 |
$156,000 | $350,000 |
$59,000 | $149,000 |
| Preapproval Denied by Financial Institution |
1 | $129,000 |
$129,000 | $129,000 |
$55,000 | $55,000 |
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| Collateral |
8 | $1,726,000 |
$215,000 | $623,000 |
$72,000 | $144,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
20 | $2,975,000 |
$148,000 | $500,000 |
$48,000 | $116,000 |
| Debt-To-Income Ratio |
9 | $1,373,000 |
$152,000 | $288,000 |
$42,000 | $90,000 |
| Employment History |
2 | $330,000 |
$165,000 | $215,000 |
$50,000 | $65,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $129,000 |
$129,000 | $129,000 |
$55,000 | $55,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
2 | $230,000 |
$115,000 | $116,000 |
$46,000 | $48,000 |
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Mortgage Loan App Totals for MACO EDUCATORS FEDERAL CU by:
Metropolitan Area And
County
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