|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
MEMBER ONE FEDERAL CREDIT UNIO
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
MEMBER ONE FEDERAL CREDIT UNIO |
| Address | 202 4TH STREET
ROANOKE, VA 24016 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 597 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $20,333,000 |
| Average Mortgage Loan Amount Applied For | $41,510 |
| Highest Mortgage Loan Amount Applied For | $318,000 |
| Average Applicant Income | $83,170 |
| Highest Applicant Income | $864,000 |
|
|
|
| Home Improvement |
403 | $5,991,000 |
$14,000 | $100,000 |
$53,000 | $203,000 |
| Home Purchase |
107 | $8,339,000 |
$77,000 | $310,000 |
$84,000 | $864,000 |
| Refinancing |
87 | $6,003,000 |
$69,000 | $318,000 |
$76,000 | $456,000 |
|
|
| American Indian or Alaskan Native |
2 | $120,000 |
$60,000 | $100,000 |
$54,000 | $56,000 |
| Asian |
6 | $654,000 |
$109,000 | $300,000 |
$328,000 | $864,000 |
| Black or African American |
95 | $2,353,000 |
$24,000 | $209,000 |
$55,000 | $306,000 |
| Hispanic |
3 | $69,000 |
$23,000 | $37,000 |
$68,000 | $93,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $5,000 |
$5,000 | $5,000 |
$68,000 | $68,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
28 | $845,000 |
$30,000 | $190,000 |
$50,000 | $240,000 |
| White |
462 | $16,287,000 |
$35,000 | $318,000 |
$61,000 | $456,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
597 | $20,333,000 |
$34,000 | $318,000 |
$62,000 | $864,000 |
| 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 |
4 | $116,000 |
$29,000 | $60,000 |
$81,000 | $121,000 |
| Application Denied By Financial Institution |
125 | $1,749,000 |
$13,000 | $100,000 |
$46,000 | $199,000 |
| Application Withdrawn By Applicant |
63 | $2,671,000 |
$42,000 | $318,000 |
$65,000 | $456,000 |
| File Closed For Incompleteness |
7 | $291,000 |
$41,000 | $140,000 |
$59,000 | $143,000 |
| Loan Originated |
398 | $15,506,000 |
$38,000 | $310,000 |
$66,000 | $864,000 |
| 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 |
4 | $60,000 |
$15,000 | $40,000 |
$33,000 | $45,000 |
| Credit Application Incomplete |
4 | $24,000 |
$6,000 | $11,000 |
$44,000 | $58,000 |
| Credit History |
108 | $1,477,000 |
$13,000 | $100,000 |
$47,000 | $199,000 |
| Debt-To-Income Ratio |
7 | $155,000 |
$22,000 | $100,000 |
$44,000 | $68,000 |
| Employment History |
1 | $30,000 |
$30,000 | $30,000 |
$41,000 | $41,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $3,000 |
$3,000 | $3,000 |
$24,000 | $24,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for MEMBER ONE FEDERAL CREDIT UNIO by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
