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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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ORANGE COUNTY'S CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
ORANGE COUNTY'S CREDIT UNION |
| Address | 1701 E. ST ANDREW PL
SANTA ANA, CA 92705 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 591 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $147,467,000 |
| Average Mortgage Loan Amount Applied For | $252,142 |
| Highest Mortgage Loan Amount Applied For | $870,000 |
| Average Applicant Income | $81,857 |
| Highest Applicant Income | $420,000 |
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| Home Improvement |
173 | $13,500,000 |
$78,000 | $476,000 |
$91,000 | $420,000 |
| Home Purchase |
64 | $20,018,000 |
$312,000 | $745,000 |
$88,000 | $162,000 |
| Refinancing |
358 | $115,213,000 |
$321,000 | $870,000 |
$83,000 | $311,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
12 | $2,211,000 |
$184,000 | $675,000 |
$128,000 | $228,000 |
| Black or African American |
3 | $1,128,000 |
$376,000 | $557,000 |
$94,000 | $119,000 |
| Hispanic |
209 | $53,528,000 |
$256,000 | $756,000 |
$76,000 | $299,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $400,000 |
$400,000 | $400,000 |
$96,000 | $96,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
112 | $36,581,000 |
$326,000 | $720,000 |
$80,000 | $225,000 |
| White |
258 | $54,883,000 |
$212,000 | $870,000 |
$94,000 | $420,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
594 | $148,431,000 |
$249,000 | $870,000 |
$86,000 | $420,000 |
| FHA-insured (Federal Housing Administration) |
1 | $300,000 |
$300,000 | $300,000 |
$77,000 | $77,000 |
| 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 |
11 | $4,039,000 |
$367,000 | $608,000 |
$88,000 | $148,000 |
| Application Denied By Financial Institution |
54 | $8,894,000 |
$164,000 | $683,000 |
$89,000 | $360,000 |
| Application Withdrawn By Applicant |
42 | $6,775,000 |
$161,000 | $476,000 |
$79,000 | $180,000 |
| File Closed For Incompleteness |
158 | $53,328,000 |
$337,000 | $756,000 |
$82,000 | $299,000 |
| Loan Originated |
330 | $75,695,000 |
$229,000 | $870,000 |
$88,000 | $420,000 |
| 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 |
6 | $225,000 |
$37,000 | $50,000 |
$73,000 | $149,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
11 | $790,000 |
$71,000 | $350,000 |
$94,000 | $360,000 |
| Debt-To-Income Ratio |
9 | $825,000 |
$91,000 | $300,000 |
$80,000 | $202,000 |
| Employment History |
2 | $100,000 |
$50,000 | $50,000 |
$74,000 | $89,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $817,000 |
$408,000 | $417,000 |
$70,000 | $75,000 |
| Unverifiable Information |
9 | $634,000 |
$70,000 | $200,000 |
$122,000 | $252,000 |
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Mortgage Loan App Totals for ORANGE COUNTY'S CREDIT UNION by:
Metropolitan Area And
County
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