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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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NBA CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
NBA CREDIT UNION |
| Address | 23 COMMERCE CIRCLE
BENSALEM, PA 19007 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 22 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,652,000 |
| Average Mortgage Loan Amount Applied For | $57,250 |
| Highest Mortgage Loan Amount Applied For | $366,000 |
| Average Applicant Income | $71,250 |
| Highest Applicant Income | $425,000 |
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| Home Improvement |
68 | $1,589,000 |
$23,000 | $150,000 |
$55,000 | $214,000 |
| Home Purchase |
11 | $1,980,000 |
$180,000 | $366,000 |
$78,000 | $425,000 |
| Refinancing |
2 | $179,000 |
$89,000 | $132,000 |
$70,000 | $90,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $3,000 |
$3,000 | $3,000 |
$33,000 | $33,000 |
| Black or African American |
9 | $459,000 |
$51,000 | $250,000 |
$38,000 | $96,000 |
| Hispanic |
4 | $406,000 |
$101,000 | $300,000 |
$58,000 | $76,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
43 | $1,474,000 |
$34,000 | $260,000 |
$57,000 | $140,000 |
| White |
24 | $1,406,000 |
$58,000 | $366,000 |
$69,000 | $425,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
81 | $3,748,000 |
$46,000 | $366,000 |
$58,000 | $425,000 |
| 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 | $15,000 |
$15,000 | $15,000 |
$80,000 | $80,000 |
| Application Denied By Financial Institution |
22 | $1,298,000 |
$59,000 | $300,000 |
$40,000 | $76,000 |
| Application Withdrawn By Applicant |
6 | $583,000 |
$97,000 | $260,000 |
$43,000 | $65,000 |
| File Closed For Incompleteness |
1 | $15,000 |
$15,000 | $15,000 |
$214,000 | $214,000 |
| Loan Originated |
51 | $1,837,000 |
$36,000 | $366,000 |
$64,000 | $425,000 |
| 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 |
7 | $134,000 |
$19,000 | $50,000 |
$40,000 | $67,000 |
| Debt-To-Income Ratio |
11 | $971,000 |
$88,000 | $300,000 |
$38,000 | $76,000 |
| 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 |
1 | $130,000 |
$130,000 | $130,000 |
$58,000 | $58,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for NBA CREDIT UNION by:
Metropolitan Area And
County
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