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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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OKLAHOMA EMPLOYEES CREDIT UNIO
Mortgage Loans and Application Details
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| Mortgage Company Name |
OKLAHOMA EMPLOYEES CREDIT UNIO |
| Address | PO BOX 24027
OKLAHOMA CITY, OK 73124 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 550 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $28,558,000 |
| Average Mortgage Loan Amount Applied For | $45,740 |
| Highest Mortgage Loan Amount Applied For | $617,000 |
| Average Applicant Income | $57,740 |
| Highest Applicant Income | $300,000 |
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| Home Improvement |
10 | $394,000 |
$39,000 | $80,000 |
$55,000 | $139,000 |
| Home Purchase |
159 | $13,846,000 |
$87,000 | $617,000 |
$56,000 | $238,000 |
| Refinancing |
484 | $19,792,000 |
$40,000 | $300,000 |
$61,000 | $300,000 |
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| American Indian or Alaskan Native |
8 | $347,000 |
$43,000 | $74,000 |
$46,000 | $96,000 |
| Asian |
8 | $576,000 |
$72,000 | $240,000 |
$73,000 | $134,000 |
| Black or African American |
58 | $3,502,000 |
$60,000 | $313,000 |
$48,000 | $139,000 |
| Hispanic |
17 | $701,000 |
$41,000 | $121,000 |
$42,000 | $155,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $133,000 |
$66,000 | $123,000 |
$76,000 | $95,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
31 | $1,608,000 |
$51,000 | $180,000 |
$57,000 | $176,000 |
| White |
529 | $27,165,000 |
$51,000 | $617,000 |
$61,000 | $300,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
653 | $34,032,000 |
$52,000 | $617,000 |
$60,000 | $300,000 |
| 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 |
153 | $8,435,000 |
$55,000 | $295,000 |
$48,000 | $146,000 |
| Application Withdrawn By Applicant |
98 | $8,378,000 |
$85,000 | $617,000 |
$59,000 | $238,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
402 | $17,219,000 |
$42,000 | $240,000 |
$64,000 | $300,000 |
| 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 |
4 | $163,000 |
$40,000 | $54,000 |
$47,000 | $81,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
110 | $6,376,000 |
$57,000 | $295,000 |
$48,000 | $110,000 |
| Debt-To-Income Ratio |
30 | $1,489,000 |
$49,000 | $156,000 |
$46,000 | $146,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $154,000 |
$51,000 | $90,000 |
$39,000 | $58,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $35,000 |
$17,000 | $25,000 |
$59,000 | $89,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for OKLAHOMA EMPLOYEES CREDIT UNIO by:
Metropolitan Area And
County
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