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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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OPPORTUNITIES CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
OPPORTUNITIES CREDIT UNION |
| Address | 18 PEARL STREET
BURLINGTON, VT 05401 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 120 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,683,000 |
| Average Mortgage Loan Amount Applied For | $73,846 |
| Highest Mortgage Loan Amount Applied For | $270,000 |
| Average Applicant Income | $42,461 |
| Highest Applicant Income | $110,000 |
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| Home Improvement |
30 | $741,000 |
$24,000 | $225,000 |
$39,000 | $110,000 |
| Home Purchase |
134 | $9,274,000 |
$69,000 | $240,000 |
$34,000 | $92,000 |
| Refinancing |
70 | $5,514,000 |
$78,000 | $270,000 |
$35,000 | $93,000 |
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| American Indian or Alaskan Native |
3 | $370,000 |
$123,000 | $196,000 |
$34,000 | $53,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $104,000 |
$104,000 | $104,000 |
$28,000 | $28,000 |
| Hispanic |
1 | $117,000 |
$117,000 | $117,000 |
$60,000 | $60,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
154 | $9,933,000 |
$64,000 | $270,000 |
$32,000 | $93,000 |
| White |
75 | $5,005,000 |
$66,000 | $240,000 |
$42,000 | $110,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
234 | $15,529,000 |
$66,000 | $270,000 |
$35,000 | $110,000 |
| 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 |
1 | $95,000 |
$95,000 | $95,000 |
$44,000 | $44,000 |
| Application Denied By Financial Institution |
191 | $12,473,000 |
$65,000 | $270,000 |
$32,000 | $93,000 |
| Application Withdrawn By Applicant |
6 | $375,000 |
$62,000 | $168,000 |
$66,000 | $110,000 |
| File Closed For Incompleteness |
1 | $10,000 |
$10,000 | $10,000 |
$75,000 | $75,000 |
| Loan Originated |
34 | $2,535,000 |
$74,000 | $225,000 |
$43,000 | $88,000 |
| 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 |
1 | $41,000 |
$41,000 | $41,000 |
$44,000 | $44,000 |
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| Collateral |
3 | $183,000 |
$61,000 | $123,000 |
$26,000 | $35,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
15 | $1,266,000 |
$84,000 | $240,000 |
$41,000 | $75,000 |
| Debt-To-Income Ratio |
20 | $523,000 |
$26,000 | $140,000 |
$32,000 | $80,000 |
| Employment History |
3 | $409,000 |
$136,000 | $200,000 |
$53,000 | $92,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
147 | $9,844,000 |
$66,000 | $270,000 |
$31,000 | $88,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for OPPORTUNITIES CREDIT UNION by:
Metropolitan Area And
County
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