|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
OLD HICKORY CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
OLD HICKORY CREDIT UNION |
| Address | P.O. BOX 431
OLD HICKORY, TN 37138 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 245 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $15,809,000 |
| Average Mortgage Loan Amount Applied For | $61,733 |
| Highest Mortgage Loan Amount Applied For | $500,000 |
| Average Applicant Income | $63,466 |
| Highest Applicant Income | $265,000 |
|
|
|
| Home Improvement |
77 | $2,108,000 |
$27,000 | $183,000 |
$75,000 | $226,000 |
| Home Purchase |
54 | $6,130,000 |
$113,000 | $500,000 |
$53,000 | $166,000 |
| Refinancing |
114 | $7,571,000 |
$66,000 | $271,000 |
$59,000 | $265,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $30,000 |
$30,000 | $30,000 |
$77,000 | $77,000 |
| Black or African American |
27 | $2,361,000 |
$87,000 | $271,000 |
$49,000 | $117,000 |
| Hispanic |
3 | $51,000 |
$17,000 | $25,000 |
$56,000 | $74,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
6 | $499,000 |
$83,000 | $120,000 |
$79,000 | $146,000 |
| White |
208 | $12,868,000 |
$61,000 | $500,000 |
$64,000 | $265,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
245 | $15,809,000 |
$64,000 | $500,000 |
$63,000 | $265,000 |
| 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 |
39 | $3,122,000 |
$80,000 | $260,000 |
$52,000 | $160,000 |
| Application Withdrawn By Applicant |
41 | $2,711,000 |
$66,000 | $146,000 |
$59,000 | $265,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
165 | $9,976,000 |
$60,000 | $500,000 |
$66,000 | $226,000 |
| 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 | $43,000 |
$43,000 | $43,000 |
$27,000 | $27,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
27 | $2,073,000 |
$76,000 | $158,000 |
$52,000 | $102,000 |
| Debt-To-Income Ratio |
11 | $1,006,000 |
$91,000 | $260,000 |
$53,000 | $160,000 |
| 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 OLD HICKORY CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
