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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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OREGON CENTRAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
OREGON CENTRAL CREDIT UNION |
| Address | 6915 SE LAKE ROAD #300
MILWAUKIE, OR 97267 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 155 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $17,807,000 |
| Average Mortgage Loan Amount Applied For | $112,333 |
| Highest Mortgage Loan Amount Applied For | $330,000 |
| Average Applicant Income | $54,833 |
| Highest Applicant Income | $439,000 |
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| Home Improvement |
49 | $1,571,000 |
$53,000 | $130,000 |
$106,000 | $156,000 |
| Home Purchase |
85 | $12,345,000 |
$137,125 | $332,000 |
$62,125 | $439,000 |
| Refinancing |
88 | $13,263,000 |
$140,800 | $330,000 |
$75,200 | $204,000 |
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| American Indian or Alaskan Native |
4 | $307,000 |
$64,000 | $198,000 |
$65,333 | $95,000 |
| Asian |
9 | $814,000 |
$90,000 | $156,000 |
$44,000 | $89,000 |
| Black or African American |
5 | $634,000 |
$126,000 | $237,000 |
$36,000 | $55,000 |
| Hispanic |
4 | $465,000 |
$116,000 | $198,000 |
$52,000 | $71,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
26 | $3,237,000 |
$143,750 | $232,000 |
$82,750 | $144,000 |
| White |
174 | $21,722,000 |
$135,142 | $332,000 |
$63,285 | $439,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
222 | $27,179,000 |
$129,333 | $332,000 |
$66,666 | $439,000 |
| 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 |
15 | $1,893,000 |
$126,000 | $216,000 |
$44,000 | $74,000 |
| Application Withdrawn By Applicant |
30 | $4,998,000 |
$160,000 | $332,000 |
$61,500 | $158,000 |
| File Closed For Incompleteness |
2 | $288,000 |
$144,000 | $160,000 |
$67,000 | $72,000 |
| Loan Originated |
175 | $20,000,000 |
$121,571 | $330,000 |
$71,000 | $439,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
1 | $156,000 |
$156,000 | $156,000 |
$36,000 | $36,000 |
| Credit History |
8 | $1,320,000 |
$165,000 | $216,000 |
$52,000 | $73,000 |
| Debt-To-Income Ratio |
1 | $90,000 |
$90,000 | $90,000 |
$24,000 | $24,000 |
| Employment History |
1 | $10,000 |
$10,000 | $10,000 |
$14,000 | $14,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $253,000 |
$126,000 | $203,000 |
$74,000 | $74,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $64,000 |
$32,000 | $47,000 |
$38,000 | $44,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for OREGON CENTRAL CREDIT UNION by:
Metropolitan Area And
County
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