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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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MERIDIAN TRUST FEDERAL CU
Mortgage Loans and Application Details
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| Mortgage Company Name |
MERIDIAN TRUST FEDERAL CU |
| Address | 2223 WARREN AVE
CHEYENNE, WY 82001 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 445 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $27,235,000 |
| Average Mortgage Loan Amount Applied For | $42,272 |
| Highest Mortgage Loan Amount Applied For | $775,000 |
| Average Applicant Income | $68,727 |
| Highest Applicant Income | $284,000 |
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| Home Improvement |
20 | $668,000 |
$33,000 | $118,000 |
$72,000 | $143,000 |
| Home Purchase |
80 | $6,920,000 |
$86,000 | $775,000 |
$68,000 | $175,000 |
| Refinancing |
345 | $19,647,000 |
$56,000 | $365,000 |
$70,000 | $284,000 |
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| American Indian or Alaskan Native |
1 | $40,000 |
$40,000 | $40,000 |
$43,000 | $43,000 |
| Asian |
5 | $333,000 |
$66,000 | $104,000 |
$81,000 | $136,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
36 | $2,220,000 |
$61,000 | $178,000 |
$60,000 | $132,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $25,000 |
$25,000 | $25,000 |
$57,000 | $57,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
5 | $216,000 |
$43,000 | $100,000 |
$64,000 | $93,000 |
| White |
397 | $24,401,000 |
$61,000 | $775,000 |
$71,000 | $284,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
444 | $27,210,000 |
$61,000 | $775,000 |
$70,000 | $284,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $25,000 |
$25,000 | $25,000 |
$61,000 | $61,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
2 | $243,000 |
$121,000 | $218,000 |
$91,000 | $126,000 |
| Application Denied By Financial Institution |
15 | $1,571,000 |
$104,000 | $220,000 |
$50,000 | $82,000 |
| Application Withdrawn By Applicant |
62 | $4,480,000 |
$72,000 | $365,000 |
$59,000 | $162,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
366 | $20,941,000 |
$57,000 | $775,000 |
$73,000 | $284,000 |
| 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 |
8 | $910,000 |
$113,000 | $220,000 |
$50,000 | $82,000 |
| Debt-To-Income Ratio |
5 | $302,000 |
$60,000 | $135,000 |
$46,000 | $72,000 |
| Employment History |
1 | $196,000 |
$196,000 | $196,000 |
$74,000 | $74,000 |
| 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 |
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Mortgage Loan App Totals for MERIDIAN TRUST FEDERAL CU by:
Metropolitan Area And
County
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