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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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PACIFIC RESOURCE CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
PACIFIC RESOURCE CREDIT UNION |
| Address | 333 S. HOPE ST, CONCOURSE LEVEL
LOS ANGELES, CA 90071 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 99 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $12,849,000 |
| Average Mortgage Loan Amount Applied For | $91,625 |
| Highest Mortgage Loan Amount Applied For | $790,000 |
| Average Applicant Income | $94,250 |
| Highest Applicant Income | $420,000 |
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| Home Improvement |
86 | $9,304,000 |
$108,000 | $550,000 |
$111,000 | $420,000 |
| Home Purchase |
5 | $1,505,000 |
$301,000 | $790,000 |
$87,000 | $260,000 |
| Refinancing |
8 | $2,040,000 |
$255,000 | $450,000 |
$109,000 | $228,000 |
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| American Indian or Alaskan Native |
1 | $150,000 |
$150,000 | $150,000 |
$111,000 | $111,000 |
| Asian |
4 | $460,000 |
$115,000 | $200,000 |
$85,000 | $173,000 |
| Black or African American |
13 | $1,485,000 |
$114,000 | $300,000 |
$107,000 | $187,000 |
| Hispanic |
24 | $3,697,000 |
$154,000 | $790,000 |
$85,000 | $260,000 |
| Native Hawaiin or Other Pacific Islander |
7 | $527,000 |
$75,000 | $160,000 |
$111,000 | $181,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
50 | $6,530,000 |
$130,000 | $550,000 |
$125,000 | $420,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
99 | $12,849,000 |
$129,000 | $790,000 |
$110,000 | $420,000 |
| 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 |
7 | $1,240,000 |
$177,000 | $320,000 |
$77,000 | $175,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
92 | $11,609,000 |
$126,000 | $790,000 |
$112,000 | $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 |
1 | $95,000 |
$95,000 | $95,000 |
$63,000 | $63,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $325,000 |
$108,000 | $150,000 |
$109,000 | $175,000 |
| Debt-To-Income Ratio |
3 | $820,000 |
$273,000 | $320,000 |
$51,000 | $65,000 |
| 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 PACIFIC RESOURCE CREDIT UNION by:
Metropolitan Area And
County
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