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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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MUNICIPAL EMPLOYEES CREDIT UNI
Mortgage Loans and Application Details
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| Mortgage Company Name |
MUNICIPAL EMPLOYEES CREDIT UNI |
| Address | 7 EAST REDWOOD STREET
BALTIMORE, MD 21202 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,000 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $104,394,000 |
| Average Mortgage Loan Amount Applied For | $127,720 |
| Highest Mortgage Loan Amount Applied For | $700,000 |
| Average Applicant Income | $77,560 |
| Highest Applicant Income | $635,000 |
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| Home Improvement |
444 | $31,872,000 |
$71,000 | $500,000 |
$62,000 | $240,000 |
| Home Purchase |
178 | $30,686,000 |
$172,000 | $700,000 |
$81,000 | $635,000 |
| Refinancing |
378 | $41,836,000 |
$110,000 | $576,000 |
$64,000 | $230,000 |
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| American Indian or Alaskan Native |
1 | $80,000 |
$80,000 | $80,000 |
$17,000 | $17,000 |
| Asian |
23 | $4,150,000 |
$180,000 | $576,000 |
$76,000 | $193,000 |
| Black or African American |
534 | $50,596,000 |
$94,000 | $576,000 |
$61,000 | $240,000 |
| Hispanic |
16 | $1,581,000 |
$98,000 | $350,000 |
$62,000 | $122,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $366,000 |
$183,000 | $308,000 |
$150,000 | $150,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
54 | $2,606,000 |
$48,000 | $455,000 |
$64,000 | $144,000 |
| White |
370 | $45,015,000 |
$121,000 | $700,000 |
$73,000 | $635,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,000 | $104,394,000 |
$104,000 | $700,000 |
$66,000 | $635,000 |
| 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 |
84 | $6,377,000 |
$75,000 | $316,000 |
$61,000 | $137,000 |
| Application Denied By Financial Institution |
121 | $10,263,000 |
$84,000 | $455,000 |
$58,000 | $157,000 |
| Application Withdrawn By Applicant |
86 | $8,557,000 |
$99,000 | $576,000 |
$63,000 | $196,000 |
| File Closed For Incompleteness |
5 | $178,000 |
$35,000 | $65,000 |
$46,000 | $98,000 |
| Loan Originated |
704 | $79,019,000 |
$112,000 | $700,000 |
$69,000 | $635,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 MUNICIPAL EMPLOYEES CREDIT UNI by:
Metropolitan Area And
County
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