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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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NUMARK CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
NUMARK CREDIT UNION |
| Address | 1654 TERRY DRIVE, PO BOX 2729
JOLIET, IL 60434 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 674 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $57,021,000 |
| Average Mortgage Loan Amount Applied For | $48,011 |
| Highest Mortgage Loan Amount Applied For | $450,000 |
| Average Applicant Income | $47,843 |
| Highest Applicant Income | $582,000 |
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| Home Improvement |
2 | $394,000 |
$197,000 | $250,000 |
$69,000 | $76,000 |
| Home Purchase |
539 | $37,572,000 |
$69,000 | $450,000 |
$51,000 | $357,000 |
| Refinancing |
133 | $19,055,000 |
$143,000 | $372,000 |
$74,000 | $582,000 |
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| American Indian or Alaskan Native |
2 | $271,000 |
$135,000 | $170,000 |
$54,000 | $67,000 |
| Asian |
3 | $253,000 |
$84,000 | $128,000 |
$41,000 | $91,000 |
| Black or African American |
31 | $5,035,000 |
$162,000 | $315,000 |
$70,000 | $133,000 |
| Hispanic |
91 | $7,332,000 |
$80,000 | $306,000 |
$52,000 | $142,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $355,000 |
$118,000 | $160,000 |
$45,000 | $50,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
20 | $3,200,000 |
$160,000 | $330,000 |
$77,000 | $151,000 |
| White |
524 | $40,575,000 |
$77,000 | $450,000 |
$54,000 | $582,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
674 | $57,021,000 |
$84,000 | $450,000 |
$55,000 | $582,000 |
| 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 |
188 | $9,767,000 |
$51,000 | $347,000 |
$47,000 | $357,000 |
| Application Denied By Financial Institution |
145 | $15,238,000 |
$105,000 | $350,000 |
$60,000 | $582,000 |
| Application Withdrawn By Applicant |
29 | $4,165,000 |
$143,000 | $280,000 |
$74,000 | $192,000 |
| File Closed For Incompleteness |
54 | $9,555,000 |
$176,000 | $450,000 |
$70,000 | $132,000 |
| Loan Originated |
258 | $18,296,000 |
$70,000 | $391,000 |
$53,000 | $179,000 |
| 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 |
3 | $482,000 |
$160,000 | $250,000 |
$53,000 | $76,000 |
| Credit Application Incomplete |
39 | $6,653,000 |
$170,000 | $350,000 |
$73,000 | $151,000 |
| Credit History |
54 | $4,114,000 |
$76,000 | $306,000 |
$61,000 | $582,000 |
| Debt-To-Income Ratio |
22 | $1,922,000 |
$87,000 | $220,000 |
$39,000 | $83,000 |
| Employment History |
12 | $450,000 |
$37,000 | $58,000 |
$44,000 | $121,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
15 | $1,617,000 |
$107,000 | $253,000 |
$65,000 | $103,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for NUMARK CREDIT UNION by:
Metropolitan Area And
County
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