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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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PACE CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
PACE CREDIT UNION |
| Address | 3010 SE BELMONT
PORTLAND, OR 97214 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 354 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $57,993,000 |
| Average Mortgage Loan Amount Applied For | $129,521 |
| Highest Mortgage Loan Amount Applied For | $700,000 |
| Average Applicant Income | $73,391 |
| Highest Applicant Income | $553,000 |
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| Home Improvement |
12 | $557,000 |
$47,000 | $108,000 |
$84,000 | $135,000 |
| Home Purchase |
162 | $29,037,000 |
$173,500 | $490,000 |
$74,000 | $320,000 |
| Refinancing |
180 | $28,399,000 |
$160,500 | $700,000 |
$70,000 | $553,000 |
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| American Indian or Alaskan Native |
3 | $379,000 |
$126,000 | $182,000 |
$82,000 | $88,000 |
| Asian |
4 | $818,000 |
$204,000 | $309,000 |
$72,000 | $119,000 |
| Black or African American |
8 | $1,017,000 |
$127,000 | $185,000 |
$49,000 | $64,000 |
| Hispanic |
8 | $1,275,000 |
$160,500 | $279,000 |
$79,000 | $135,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $224,000 |
$224,000 | $224,000 |
$83,000 | $83,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
45 | $8,080,000 |
$172,500 | $700,000 |
$75,000 | $227,000 |
| White |
285 | $46,200,000 |
$161,000 | $540,000 |
$71,500 | $553,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
353 | $57,877,000 |
$162,000 | $700,000 |
$72,500 | $553,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $116,000 |
$116,000 | $116,000 |
$52,000 | $52,000 |
| 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 | $2,523,000 |
$176,000 | $333,000 |
$78,000 | $252,000 |
| Application Withdrawn By Applicant |
79 | $13,210,000 |
$166,500 | $334,000 |
$72,000 | $175,000 |
| File Closed For Incompleteness |
1 | $210,000 |
$210,000 | $210,000 |
$83,000 | $83,000 |
| Loan Originated |
259 | $42,050,000 |
$159,500 | $700,000 |
$73,000 | $553,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for PACE CREDIT UNION by:
Metropolitan Area And
County
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