|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
PARDA FEDERAL CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
PARDA FEDERAL CREDIT UNION |
| Address | 2601 CAMBRIDGE COURT STE 210
AUBURN HILLS, MI 48326 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 31 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,055,000 |
| Average Mortgage Loan Amount Applied For | $218,095 |
| Highest Mortgage Loan Amount Applied For | $834,000 |
| Average Applicant Income | $87,952 |
| Highest Applicant Income | $258,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
14 | $3,143,000 |
$224,000 | $834,000 |
$95,000 | $258,000 |
| Refinancing |
17 | $3,912,000 |
$230,000 | $558,000 |
$85,000 | $195,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $87,000 |
$87,000 | $87,000 |
$22,000 | $22,000 |
| Hispanic |
2 | $403,000 |
$201,000 | $300,000 |
$145,000 | $195,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
8 | $1,860,000 |
$232,000 | $507,000 |
$79,000 | $190,000 |
| White |
20 | $4,705,000 |
$235,000 | $834,000 |
$91,000 | $258,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
31 | $7,055,000 |
$227,000 | $834,000 |
$89,000 | $258,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
1 | $135,000 |
$135,000 | $135,000 |
$26,000 | $26,000 |
| Application Withdrawn By Applicant |
4 | $400,000 |
$100,000 | $175,000 |
$35,000 | $59,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
26 | $6,520,000 |
$250,000 | $834,000 |
$100,000 | $258,000 |
| 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 |
|
|
| 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 |
1 | $135,000 |
$135,000 | $135,000 |
$26,000 | $26,000 |
| 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 |
|
Mortgage Loan App Totals for PARDA FEDERAL CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
