|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
OAKLAND COUNTY CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
OAKLAND COUNTY CREDIT UNION |
| Address | 1220 COUNTY CENTER DRIVE WEST
WATERFORD, MI 48328 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 208 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,528,000 |
| Average Mortgage Loan Amount Applied For | $15,272 |
| Highest Mortgage Loan Amount Applied For | $252,000 |
| Average Applicant Income | $58,090 |
| Highest Applicant Income | $431,000 |
|
|
|
| Home Improvement |
195 | $1,653,000 |
$8,000 | $104,000 |
$56,000 | $185,000 |
| Home Purchase |
1 | $128,000 |
$128,000 | $128,000 |
$69,000 | $69,000 |
| Refinancing |
12 | $1,747,000 |
$145,000 | $252,000 |
$107,000 | $431,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
38 | $389,000 |
$10,000 | $116,000 |
$53,000 | $103,000 |
| Hispanic |
5 | $71,000 |
$14,000 | $42,000 |
$66,000 | $114,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
165 | $3,068,000 |
$18,000 | $252,000 |
$61,000 | $431,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
208 | $3,528,000 |
$16,000 | $252,000 |
$59,000 | $431,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
22 | $543,000 |
$24,000 | $252,000 |
$51,000 | $116,000 |
| Application Withdrawn By Applicant |
2 | $6,000 |
$3,000 | $5,000 |
$43,000 | $66,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
184 | $2,979,000 |
$16,000 | $212,000 |
$61,000 | $431,000 |
| 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 |
|
|
| Collateral |
1 | $59,000 |
$59,000 | $59,000 |
$50,000 | $50,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
9 | $52,000 |
$5,000 | $15,000 |
$50,000 | $116,000 |
| Debt-To-Income Ratio |
12 | $432,000 |
$36,000 | $252,000 |
$52,000 | $105,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for OAKLAND COUNTY CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
