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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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MEMBERS HERITAGE FCU
Mortgage Loans and Application Details
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| Mortgage Company Name |
MEMBERS HERITAGE FCU |
| Address | 440 PARK PLACE
LEXINGTON, KY 40511 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 298 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $17,708,000 |
| Average Mortgage Loan Amount Applied For | $73,500 |
| Highest Mortgage Loan Amount Applied For | $377,000 |
| Average Applicant Income | $78,062 |
| Highest Applicant Income | $316,000 |
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| Home Improvement |
173 | $5,178,000 |
$29,000 | $136,000 |
$67,000 | $232,000 |
| Home Purchase |
79 | $8,015,000 |
$101,000 | $377,000 |
$76,000 | $316,000 |
| Refinancing |
46 | $4,515,000 |
$98,000 | $240,000 |
$78,000 | $160,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $112,000 |
$112,000 | $112,000 |
$38,000 | $38,000 |
| Black or African American |
33 | $1,143,000 |
$34,000 | $139,000 |
$53,000 | $128,000 |
| Hispanic |
4 | $373,000 |
$93,000 | $167,000 |
$68,000 | $75,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $90,000 |
$90,000 | $90,000 |
$75,000 | $75,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
7 | $257,000 |
$36,000 | $160,000 |
$67,000 | $121,000 |
| White |
252 | $15,733,000 |
$62,000 | $377,000 |
$73,000 | $316,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
298 | $17,708,000 |
$59,000 | $377,000 |
$71,000 | $316,000 |
| 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 |
8 | $73,000 |
$9,000 | $30,000 |
$38,000 | $96,000 |
| Application Withdrawn By Applicant |
1 | $47,000 |
$47,000 | $47,000 |
$27,000 | $27,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
289 | $17,588,000 |
$60,000 | $377,000 |
$72,000 | $316,000 |
| 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 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $41,000 |
$10,000 | $30,000 |
$32,000 | $51,000 |
| Debt-To-Income Ratio |
1 | $9,000 |
$9,000 | $9,000 |
$96,000 | $96,000 |
| 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 |
2 | $3,000 |
$1,000 | $2,000 |
$34,000 | $48,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MEMBERS HERITAGE FCU by:
Metropolitan Area And
County
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