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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 FINANCIAL S
Mortgage Loans and Application Details
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| Mortgage Company Name |
MOUNTAIN AMERICA FINANCIAL S |
| Address | 7181 S CAMPUS VIEW DR
WEST JORDAN, UT 84084 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 559 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $101,061,000 |
| Average Mortgage Loan Amount Applied For | $184,921 |
| Highest Mortgage Loan Amount Applied For | $1,750,000 |
| Average Applicant Income | $131,078 |
| Highest Applicant Income | $1,500,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
416 | $67,456,000 |
$162,000 | $1,000,000 |
$120,000 | $829,000 |
| Refinancing |
159 | $35,496,000 |
$223,000 | $1,750,000 |
$115,000 | $1,500,000 |
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| American Indian or Alaskan Native |
1 | $180,000 |
$180,000 | $180,000 |
$98,000 | $98,000 |
| Asian |
7 | $1,144,000 |
$163,000 | $316,000 |
$91,000 | $168,000 |
| Black or African American |
20 | $4,926,000 |
$246,000 | $1,000,000 |
$175,000 | $1,500,000 |
| Hispanic |
48 | $6,091,000 |
$126,000 | $400,000 |
$96,000 | $829,000 |
| Native Hawaiin or Other Pacific Islander |
8 | $2,405,000 |
$300,000 | $1,000,000 |
$57,000 | $108,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
6 | $556,000 |
$92,000 | $208,000 |
$104,000 | $132,000 |
| White |
485 | $87,650,000 |
$180,000 | $1,750,000 |
$120,000 | $875,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
575 | $102,952,000 |
$179,000 | $1,750,000 |
$118,000 | $1,500,000 |
| 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 |
4 | $504,000 |
$126,000 | $256,000 |
$0 | $0 |
| Application Denied By Financial Institution |
114 | $21,636,000 |
$189,000 | $1,000,000 |
$117,000 | $360,000 |
| Application Withdrawn By Applicant |
24 | $5,013,000 |
$208,000 | $1,750,000 |
$126,000 | $310,000 |
| File Closed For Incompleteness |
25 | $5,469,000 |
$218,000 | $1,000,000 |
$126,000 | $350,000 |
| Loan Originated |
392 | $68,439,000 |
$174,000 | $1,000,000 |
$121,000 | $1,500,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
3 | $363,000 |
$121,000 | $162,000 |
$103,000 | $150,000 |
| Preapproval Denied by Financial Institution |
13 | $1,528,000 |
$117,000 | $300,000 |
$75,000 | $356,000 |
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| Collateral |
2 | $1,330,000 |
$665,000 | $980,000 |
$264,000 | $264,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
32 | $7,302,000 |
$228,000 | $1,000,000 |
$92,000 | $360,000 |
| Debt-To-Income Ratio |
8 | $712,000 |
$89,000 | $129,000 |
$47,000 | $85,000 |
| Employment History |
11 | $1,598,000 |
$145,000 | $412,000 |
$104,000 | $180,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
22 | $3,989,000 |
$181,000 | $500,000 |
$147,000 | $356,000 |
| Unverifiable Information |
4 | $1,270,000 |
$317,000 | $744,000 |
$159,000 | $240,000 |
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Mortgage Loan App Totals for MOUNTAIN AMERICA FINANCIAL S by:
Metropolitan Area And
County
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