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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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NORTHEAST FAMILY FCU
Mortgage Loans and Application Details
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| Mortgage Company Name |
NORTHEAST FAMILY FCU |
| Address | 233 MAIN STREET PO BOX 180 MANCHESTER, CT 06042 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 147 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,115,000 |
| Average Mortgage Loan Amount Applied For | $72,571 |
| Highest Mortgage Loan Amount Applied For | $290,000 |
| Average Applicant Income | $83,428 |
| Highest Applicant Income | $191,000 |
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| Home Improvement |
111 | $4,413,000 |
$39,000 | $200,000 |
$82,000 | $185,000 |
| Home Purchase |
7 | $670,000 |
$95,000 | $290,000 |
$81,000 | $191,000 |
| Refinancing |
29 | $2,032,000 |
$70,000 | $192,000 |
$90,000 | $144,000 |
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| American Indian or Alaskan Native |
1 | $49,000 |
$49,000 | $49,000 |
$55,000 | $55,000 |
| Asian |
1 | $164,000 |
$164,000 | $164,000 |
$69,000 | $69,000 |
| Black or African American |
2 | $44,000 |
$22,000 | $24,000 |
$62,000 | $85,000 |
| Hispanic |
6 | $196,000 |
$32,000 | $53,000 |
$69,000 | $132,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $75,000 |
$37,000 | $50,000 |
$100,000 | $112,000 |
| White |
135 | $6,587,000 |
$48,000 | $290,000 |
$84,000 | $191,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
147 | $7,115,000 |
$48,000 | $290,000 |
$83,000 | $191,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
2 | $69,000 |
$34,000 | $44,000 |
$96,000 | $122,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
145 | $7,046,000 |
$48,000 | $290,000 |
$83,000 | $191,000 |
| 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 |
2 | $69,000 |
$34,000 | $44,000 |
$96,000 | $122,000 |
| 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 NORTHEAST FAMILY FCU by:
Metropolitan Area And
County
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