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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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MATANUSKA VALLEY FEDERAL CREDI
Mortgage Loans and Application Details
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| Mortgage Company Name |
MATANUSKA VALLEY FEDERAL CREDI |
| Address | 501 N. MAIN STREET, STE. 120
WASILLA, AK 99654 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 295 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $35,039,000 |
| Average Mortgage Loan Amount Applied For | $147,800 |
| Highest Mortgage Loan Amount Applied For | $585,000 |
| Average Applicant Income | $95,600 |
| Highest Applicant Income | $526,000 |
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| Home Improvement |
85 | $2,621,000 |
$30,000 | $246,000 |
$65,000 | $387,000 |
| Home Purchase |
73 | $13,220,000 |
$181,000 | $495,000 |
$69,000 | $194,000 |
| Refinancing |
152 | $21,598,000 |
$142,000 | $585,000 |
$75,000 | $526,000 |
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| American Indian or Alaskan Native |
5 | $518,000 |
$103,000 | $197,000 |
$40,000 | $88,000 |
| Asian |
2 | $288,000 |
$144,000 | $250,000 |
$83,000 | $120,000 |
| Black or African American |
1 | $160,000 |
$160,000 | $160,000 |
$37,000 | $37,000 |
| Hispanic |
6 | $404,000 |
$67,000 | $143,000 |
$62,000 | $74,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $165,000 |
$165,000 | $165,000 |
$52,000 | $52,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
29 | $1,860,000 |
$64,000 | $276,000 |
$70,000 | $387,000 |
| White |
266 | $34,044,000 |
$127,000 | $585,000 |
$72,000 | $526,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
303 | $36,348,000 |
$119,000 | $585,000 |
$71,000 | $526,000 |
| FHA-insured (Federal Housing Administration) |
1 | $151,000 |
$151,000 | $151,000 |
$85,000 | $85,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
6 | $940,000 |
$156,000 | $204,000 |
$50,000 | $81,000 |
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| Application Approved But Not Accepted |
20 | $3,280,000 |
$164,000 | $425,000 |
$68,000 | $181,000 |
| Application Denied By Financial Institution |
16 | $1,408,000 |
$88,000 | $276,000 |
$57,000 | $129,000 |
| Application Withdrawn By Applicant |
45 | $6,511,000 |
$144,000 | $585,000 |
$75,000 | $526,000 |
| File Closed For Incompleteness |
18 | $1,928,000 |
$107,000 | $175,000 |
$45,000 | $110,000 |
| Loan Originated |
205 | $23,334,000 |
$113,000 | $448,000 |
$74,000 | $387,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
5 | $736,000 |
$147,000 | $180,000 |
$50,000 | $62,000 |
| Preapproval Denied by Financial Institution |
1 | $242,000 |
$242,000 | $242,000 |
$48,000 | $48,000 |
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| Collateral |
6 | $578,000 |
$96,000 | $228,000 |
$63,000 | $129,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $490,000 |
$122,000 | $242,000 |
$57,000 | $88,000 |
| Debt-To-Income Ratio |
2 | $35,000 |
$17,000 | $25,000 |
$56,000 | $88,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $426,000 |
$213,000 | $276,000 |
$82,000 | $120,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $80,000 |
$80,000 | $80,000 |
$27,000 | $27,000 |
| Unverifiable Information |
2 | $41,000 |
$20,000 | $36,000 |
$26,000 | $53,000 |
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Mortgage Loan App Totals for MATANUSKA VALLEY FEDERAL CREDI by:
Metropolitan Area And
County
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