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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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ORLANDO FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
ORLANDO FEDERAL CREDIT UNION |
| Address | 1117 S WESTMORELAND DR
ORLANDO, FL 32805 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 110 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,436,000 |
| Average Mortgage Loan Amount Applied For | $96,333 |
| Highest Mortgage Loan Amount Applied For | $340,000 |
| Average Applicant Income | $75,333 |
| Highest Applicant Income | $182,000 |
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| Home Improvement |
58 | $2,153,000 |
$37,000 | $280,000 |
$65,000 | $182,000 |
| Home Purchase |
5 | $942,000 |
$188,000 | $340,000 |
$73,000 | $146,000 |
| Refinancing |
47 | $7,341,000 |
$156,000 | $334,000 |
$73,000 | $160,000 |
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| American Indian or Alaskan Native |
1 | $25,000 |
$25,000 | $25,000 |
$73,000 | $73,000 |
| Asian |
2 | $220,000 |
$110,000 | $165,000 |
$51,000 | $53,000 |
| Black or African American |
18 | $1,462,000 |
$81,000 | $296,000 |
$55,000 | $160,000 |
| Hispanic |
20 | $2,331,000 |
$116,000 | $340,000 |
$61,000 | $182,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
9 | $1,010,000 |
$112,000 | $241,000 |
$63,000 | $107,000 |
| White |
60 | $5,388,000 |
$89,000 | $334,000 |
$77,000 | $146,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
110 | $10,436,000 |
$94,000 | $340,000 |
$69,000 | $182,000 |
| 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 |
8 | $388,000 |
$48,000 | $180,000 |
$52,000 | $111,000 |
| Application Withdrawn By Applicant |
1 | $22,000 |
$22,000 | $22,000 |
$60,000 | $60,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
101 | $10,026,000 |
$99,000 | $340,000 |
$70,000 | $182,000 |
| 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 |
3 | $225,000 |
$75,000 | $180,000 |
$51,000 | $73,000 |
| Credit History |
3 | $88,000 |
$29,000 | $43,000 |
$26,000 | $30,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
2 | $75,000 |
$37,000 | $60,000 |
$92,000 | $111,000 |
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Mortgage Loan App Totals for ORLANDO FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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