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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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MOUNTAIN AMERICA FEDERAL C. U.
Mortgage Loans and Application Details
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| Mortgage Company Name |
MOUNTAIN AMERICA FEDERAL C. U. |
| Address | 7181 SOUTH CAMPUS VIEW DRIVE
WEST JORDAN, UT 84084 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 3,403 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $337,695,000 |
| Average Mortgage Loan Amount Applied For | $109,164 |
| Highest Mortgage Loan Amount Applied For | $1,153,000 |
| Average Applicant Income | $84,063 |
| Highest Applicant Income | $3,040,000 |
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| Home Improvement |
154 | $16,072,000 |
$104,000 | $442,000 |
$69,000 | $300,000 |
| Home Purchase |
1,022 | $137,505,000 |
$134,000 | $1,153,000 |
$74,000 | $3,040,000 |
| Refinancing |
2,227 | $184,118,000 |
$82,000 | $1,020,000 |
$75,000 | $1,161,000 |
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| American Indian or Alaskan Native |
11 | $855,000 |
$77,000 | $272,000 |
$71,000 | $123,000 |
| Asian |
44 | $3,382,000 |
$76,000 | $250,000 |
$66,000 | $240,000 |
| Black or African American |
11 | $562,000 |
$51,000 | $144,000 |
$58,000 | $141,000 |
| Hispanic |
195 | $15,559,000 |
$79,000 | $370,000 |
$62,000 | $260,000 |
| Native Hawaiin or Other Pacific Islander |
11 | $1,051,000 |
$95,000 | $254,000 |
$52,000 | $85,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
32 | $5,559,000 |
$173,000 | $500,000 |
$83,000 | $192,000 |
| White |
3,099 | $310,727,000 |
$100,000 | $1,153,000 |
$76,000 | $3,040,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,205 | $316,741,000 |
$98,000 | $1,153,000 |
$76,000 | $3,040,000 |
| FHA-insured (Federal Housing Administration) |
193 | $20,140,000 |
$104,000 | $236,000 |
$45,000 | $138,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
5 | $814,000 |
$162,000 | $195,000 |
$52,000 | $61,000 |
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| Application Approved But Not Accepted |
46 | $6,778,000 |
$147,000 | $1,120,000 |
$81,000 | $516,000 |
| Application Denied By Financial Institution |
196 | $17,584,000 |
$89,000 | $900,000 |
$70,000 | $494,000 |
| Application Withdrawn By Applicant |
568 | $63,819,000 |
$112,000 | $1,020,000 |
$81,000 | $864,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2,593 | $249,514,000 |
$96,000 | $1,153,000 |
$73,000 | $3,040,000 |
| 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 |
36 | $2,239,000 |
$62,000 | $363,000 |
$73,000 | $348,000 |
| Credit Application Incomplete |
2 | $42,000 |
$21,000 | $32,000 |
$62,000 | $83,000 |
| Credit History |
46 | $3,807,000 |
$82,000 | $497,000 |
$78,000 | $494,000 |
| Debt-To-Income Ratio |
59 | $5,861,000 |
$99,000 | $900,000 |
$56,000 | $276,000 |
| Employment History |
7 | $985,000 |
$140,000 | $178,000 |
$80,000 | $170,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $68,000 |
$68,000 | $68,000 |
$77,000 | $77,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
18 | $2,081,000 |
$115,000 | $250,000 |
$73,000 | $168,000 |
| Unverifiable Information |
11 | $682,000 |
$62,000 | $152,000 |
$105,000 | $234,000 |
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Mortgage Loan App Totals for MOUNTAIN AMERICA FEDERAL C. U. by:
Metropolitan Area And
County
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