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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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MID AMERICAN CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
MID AMERICAN CREDIT UNION |
| Address | 8404 W. KELLOGG DR.
WICHITA, KS 67209 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 151 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,400,000 |
| Average Mortgage Loan Amount Applied For | $48,400 |
| Highest Mortgage Loan Amount Applied For | $238,000 |
| Average Applicant Income | $64,200 |
| Highest Applicant Income | $174,000 |
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| Home Improvement |
62 | $1,426,000 |
$23,000 | $80,000 |
$62,000 | $150,000 |
| Home Purchase |
51 | $4,494,000 |
$88,000 | $238,000 |
$60,000 | $195,000 |
| Refinancing |
62 | $3,356,000 |
$54,000 | $166,000 |
$58,000 | $174,000 |
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| American Indian or Alaskan Native |
1 | $20,000 |
$20,000 | $20,000 |
$53,000 | $53,000 |
| Asian |
2 | $103,000 |
$51,000 | $53,000 |
$61,000 | $76,000 |
| Black or African American |
9 | $278,000 |
$30,000 | $82,000 |
$45,000 | $82,000 |
| Hispanic |
12 | $773,000 |
$64,000 | $166,000 |
$48,000 | $133,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
19 | $673,000 |
$35,000 | $144,000 |
$57,000 | $195,000 |
| White |
132 | $7,429,000 |
$56,000 | $238,000 |
$62,000 | $174,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
175 | $9,276,000 |
$53,000 | $238,000 |
$60,000 | $195,000 |
| 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 |
18 | $1,316,000 |
$73,000 | $150,000 |
$64,000 | $135,000 |
| Application Denied By Financial Institution |
30 | $1,688,000 |
$56,000 | $190,000 |
$36,000 | $91,000 |
| Application Withdrawn By Applicant |
12 | $563,000 |
$46,000 | $185,000 |
$52,000 | $195,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
114 | $5,677,000 |
$49,000 | $238,000 |
$66,000 | $174,000 |
| Loan Purchased By The Institution |
1 | $32,000 |
$32,000 | $32,000 |
$117,000 | $117,000 |
| 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 |
2 | $72,000 |
$36,000 | $70,000 |
$31,000 | $33,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $290,000 |
$48,000 | $165,000 |
$32,000 | $59,000 |
| Debt-To-Income Ratio |
5 | $355,000 |
$71,000 | $166,000 |
$24,000 | $32,000 |
| 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 | $130,000 |
$65,000 | $112,000 |
$74,000 | $91,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MID AMERICAN CREDIT UNION by:
Metropolitan Area And
County
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