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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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NUTMEG STATE FCU
Mortgage Loans and Application Details
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| Mortgage Company Name |
NUTMEG STATE FCU |
| Address | 521 CROMWELL AVENUE
ROCKY HILL, CT 06067 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 384 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $36,632,000 |
| Average Mortgage Loan Amount Applied For | $121,125 |
| Highest Mortgage Loan Amount Applied For | $500,000 |
| Average Applicant Income | $79,375 |
| Highest Applicant Income | $229,000 |
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| Home Improvement |
173 | $8,477,000 |
$49,000 | $260,000 |
$74,000 | $180,000 |
| Home Purchase |
57 | $11,827,000 |
$207,000 | $500,000 |
$88,000 | $159,000 |
| Refinancing |
154 | $16,328,000 |
$106,000 | $417,000 |
$80,000 | $229,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $352,000 |
$117,000 | $188,000 |
$78,000 | $96,000 |
| Black or African American |
12 | $1,377,000 |
$114,000 | $216,000 |
$61,000 | $141,000 |
| Hispanic |
14 | $1,573,000 |
$112,000 | $237,000 |
$77,000 | $161,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
33 | $4,670,000 |
$141,000 | $333,000 |
$85,000 | $159,000 |
| White |
322 | $28,660,000 |
$89,000 | $500,000 |
$79,000 | $229,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
384 | $36,632,000 |
$95,000 | $500,000 |
$79,000 | $229,000 |
| 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 |
5 | $566,000 |
$113,000 | $285,000 |
$60,000 | $104,000 |
| Application Denied By Financial Institution |
32 | $2,741,000 |
$85,000 | $238,000 |
$61,000 | $205,000 |
| Application Withdrawn By Applicant |
28 | $5,213,000 |
$186,000 | $500,000 |
$84,000 | $189,000 |
| File Closed For Incompleteness |
8 | $991,000 |
$123,000 | $261,000 |
$57,000 | $86,000 |
| Loan Originated |
311 | $27,121,000 |
$87,000 | $417,000 |
$81,000 | $229,000 |
| 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 |
9 | $614,000 |
$68,000 | $150,000 |
$93,000 | $205,000 |
| Credit Application Incomplete |
2 | $341,000 |
$170,000 | $196,000 |
$50,000 | $92,000 |
| Credit History |
7 | $693,000 |
$99,000 | $170,000 |
$58,000 | $81,000 |
| Debt-To-Income Ratio |
10 | $707,000 |
$70,000 | $213,000 |
$31,000 | $80,000 |
| Employment History |
1 | $76,000 |
$76,000 | $76,000 |
$103,000 | $103,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $238,000 |
$238,000 | $238,000 |
$118,000 | $118,000 |
| Mortgage Insurance Denied |
1 | $52,000 |
$52,000 | $52,000 |
$42,000 | $42,000 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for NUTMEG STATE FCU by:
Metropolitan Area And
County
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