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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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PALISADES FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
PALISADES FEDERAL CREDIT UNION |
| Address | 300 N MIDDLETOWN ROAD, SUITE 6
PEARL RIVER, NY 10965 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 68 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,800,000 |
| Average Mortgage Loan Amount Applied For | $139,222 |
| Highest Mortgage Loan Amount Applied For | $479,000 |
| Average Applicant Income | $95,000 |
| Highest Applicant Income | $244,000 |
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| Home Improvement |
33 | $2,557,000 |
$77,000 | $400,000 |
$109,000 | $244,000 |
| Home Purchase |
6 | $1,787,000 |
$297,000 | $479,000 |
$119,000 | $190,000 |
| Refinancing |
29 | $4,456,000 |
$153,000 | $367,000 |
$93,000 | $207,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
5 | $636,000 |
$127,000 | $350,000 |
$142,000 | $219,000 |
| Black or African American |
2 | $397,000 |
$198,000 | $367,000 |
$67,000 | $98,000 |
| Hispanic |
1 | $24,000 |
$24,000 | $24,000 |
$56,000 | $56,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
15 | $1,071,000 |
$71,000 | $175,000 |
$86,000 | $168,000 |
| White |
45 | $6,672,000 |
$148,000 | $479,000 |
$107,000 | $244,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
68 | $8,800,000 |
$129,000 | $479,000 |
$103,000 | $244,000 |
| 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 |
3 | $882,000 |
$294,000 | $367,000 |
$101,000 | $104,000 |
| Application Denied By Financial Institution |
1 | $350,000 |
$350,000 | $350,000 |
$89,000 | $89,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
64 | $7,568,000 |
$118,000 | $479,000 |
$103,000 | $244,000 |
| 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 | $350,000 |
$350,000 | $350,000 |
$89,000 | $89,000 |
| 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 PALISADES FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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