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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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NEW HORIZONS CCU
Mortgage Loans and Application Details
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| Mortgage Company Name |
NEW HORIZONS CCU |
| Address | 99 S BROADWAY
DENVER, CO 80209 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 162 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $25,716,000 |
| Average Mortgage Loan Amount Applied For | $164,722 |
| Highest Mortgage Loan Amount Applied For | $1,850,000 |
| Average Applicant Income | $89,777 |
| Highest Applicant Income | $475,000 |
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| Home Improvement |
45 | $2,250,000 |
$50,000 | $400,000 |
$95,000 | $270,000 |
| Home Purchase |
72 | $14,075,000 |
$195,000 | $840,000 |
$101,000 | $420,000 |
| Refinancing |
68 | $13,581,000 |
$199,000 | $1,850,000 |
$84,000 | $475,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $506,000 |
$168,000 | $256,000 |
$123,000 | $240,000 |
| Black or African American |
5 | $959,000 |
$191,000 | $308,000 |
$64,000 | $113,000 |
| Hispanic |
13 | $1,232,000 |
$94,000 | $224,000 |
$64,000 | $172,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
33 | $4,626,000 |
$140,000 | $840,000 |
$101,000 | $417,000 |
| White |
131 | $22,583,000 |
$172,000 | $1,850,000 |
$94,000 | $475,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
184 | $29,658,000 |
$161,000 | $1,850,000 |
$93,000 | $475,000 |
| 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) |
1 | $248,000 |
$248,000 | $248,000 |
$58,000 | $58,000 |
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| Application Approved But Not Accepted |
2 | $242,000 |
$121,000 | $162,000 |
$46,000 | $56,000 |
| Application Denied By Financial Institution |
15 | $1,847,000 |
$123,000 | $733,000 |
$71,000 | $151,000 |
| Application Withdrawn By Applicant |
35 | $6,257,000 |
$178,000 | $536,000 |
$71,000 | $240,000 |
| File Closed For Incompleteness |
3 | $641,000 |
$213,000 | $403,000 |
$67,000 | $84,000 |
| Loan Originated |
130 | $20,919,000 |
$160,000 | $1,850,000 |
$103,000 | $475,000 |
| 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 |
5 | $1,303,000 |
$260,000 | $733,000 |
$79,000 | $151,000 |
| Debt-To-Income Ratio |
2 | $358,000 |
$179,000 | $325,000 |
$54,000 | $87,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $14,000 |
$14,000 | $14,000 |
$48,000 | $48,000 |
| 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 NEW HORIZONS CCU by:
Metropolitan Area And
County
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