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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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MONROE COUNTY COMMUNITY C.U.
Mortgage Loans and Application Details
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| Mortgage Company Name |
MONROE COUNTY COMMUNITY C.U. |
| Address | 715 N TELEGRAPH ROAD
MONROE, MI 48162 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 52 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,021,000 |
| Average Mortgage Loan Amount Applied For | $38,000 |
| Highest Mortgage Loan Amount Applied For | $140,000 |
| Average Applicant Income | $64,000 |
| Highest Applicant Income | $300,000 |
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| Home Improvement |
24 | $643,000 |
$26,000 | $100,000 |
$73,000 | $300,000 |
| Home Purchase |
1 | $40,000 |
$40,000 | $40,000 |
$114,000 | $114,000 |
| Refinancing |
27 | $1,338,000 |
$49,000 | $140,000 |
$54,000 | $97,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $100,000 |
$100,000 | $100,000 |
$300,000 | $300,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
51 | $1,921,000 |
$37,000 | $140,000 |
$59,000 | $142,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
52 | $2,021,000 |
$38,000 | $140,000 |
$64,000 | $300,000 |
| 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 |
3 | $141,000 |
$47,000 | $100,000 |
$129,000 | $300,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
49 | $1,880,000 |
$38,000 | $140,000 |
$60,000 | $142,000 |
| 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 |
2 | $123,000 |
$61,000 | $100,000 |
$173,000 | $300,000 |
| Debt-To-Income Ratio |
1 | $18,000 |
$18,000 | $18,000 |
$41,000 | $41,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MONROE COUNTY COMMUNITY C.U. by:
Metropolitan Area And
County
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