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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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MORTGAGE MARKETS CUSO, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
MORTGAGE MARKETS CUSO, LLC |
| Address | 616 BURNSIDE AVENUE
EAST HARTFORD, CT 06108 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 205 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $39,083,000 |
| Average Mortgage Loan Amount Applied For | $213,529 |
| Highest Mortgage Loan Amount Applied For | $600,000 |
| Average Applicant Income | $84,000 |
| Highest Applicant Income | $1,956,000 |
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| Home Improvement |
2 | $385,000 |
$192,000 | $235,000 |
$96,000 | $99,000 |
| Home Purchase |
149 | $28,503,000 |
$191,000 | $600,000 |
$80,000 | $1,956,000 |
| Refinancing |
72 | $12,909,000 |
$179,000 | $534,000 |
$72,000 | $408,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $500,000 |
$250,000 | $300,000 |
$112,000 | $120,000 |
| Black or African American |
20 | $4,069,000 |
$203,000 | $417,000 |
$60,000 | $148,000 |
| Hispanic |
17 | $3,225,000 |
$189,000 | $319,000 |
$55,000 | $89,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
28 | $4,938,000 |
$176,000 | $385,000 |
$64,000 | $220,000 |
| White |
156 | $29,065,000 |
$186,000 | $600,000 |
$85,000 | $1,956,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
223 | $41,797,000 |
$187,000 | $600,000 |
$78,000 | $1,956,000 |
| 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 |
1 | $145,000 |
$145,000 | $145,000 |
$40,000 | $40,000 |
| Application Denied By Financial Institution |
103 | $19,846,000 |
$192,000 | $534,000 |
$86,000 | $1,956,000 |
| Application Withdrawn By Applicant |
31 | $6,418,000 |
$207,000 | $600,000 |
$69,000 | $205,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
85 | $14,865,000 |
$174,000 | $332,000 |
$73,000 | $167,000 |
| 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 |
3 | $523,000 |
$174,000 | $203,000 |
$45,000 | $53,000 |
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| Collateral |
4 | $456,000 |
$114,000 | $175,000 |
$51,000 | $85,000 |
| Credit Application Incomplete |
52 | $11,171,000 |
$214,000 | $417,000 |
$114,000 | $1,956,000 |
| Credit History |
10 | $1,900,000 |
$190,000 | $360,000 |
$72,000 | $220,000 |
| Debt-To-Income Ratio |
13 | $2,365,000 |
$181,000 | $534,000 |
$44,000 | $109,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $94,000 |
$94,000 | $94,000 |
$32,000 | $32,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $823,000 |
$137,000 | $203,000 |
$63,000 | $138,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MORTGAGE MARKETS CUSO, LLC by:
Metropolitan Area And
County
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