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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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PATELCO CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
PATELCO CREDIT UNION |
| Address | 5499 SUNRISE BLVD
CITRUS HEIGHTS, CA 95610 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 5,540 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $716,436,000 |
| Average Mortgage Loan Amount Applied For | $125,013 |
| Highest Mortgage Loan Amount Applied For | $1,500,000 |
| Average Applicant Income | $101,132 |
| Highest Applicant Income | $2,255,000 |
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| Home Improvement |
3,871 | $246,096,000 |
$63,000 | $618,000 |
$103,000 | $1,926,000 |
| Home Purchase |
795 | $255,655,000 |
$321,000 | $1,500,000 |
$121,000 | $2,255,000 |
| Refinancing |
1,277 | $348,203,000 |
$272,000 | $1,500,000 |
$103,000 | $1,606,000 |
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| American Indian or Alaskan Native |
38 | $4,821,000 |
$126,000 | $710,000 |
$72,000 | $164,000 |
| Asian |
503 | $83,773,000 |
$166,000 | $1,120,000 |
$123,000 | $1,677,000 |
| Black or African American |
295 | $47,444,000 |
$160,000 | $776,000 |
$93,000 | $1,315,000 |
| Hispanic |
494 | $69,359,000 |
$140,000 | $769,000 |
$94,000 | $1,040,000 |
| Native Hawaiin or Other Pacific Islander |
92 | $12,562,000 |
$136,000 | $620,000 |
$115,000 | $1,747,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3,168 | $453,741,000 |
$143,000 | $1,500,000 |
$100,000 | $1,824,000 |
| White |
1,353 | $178,254,000 |
$131,000 | $1,500,000 |
$118,000 | $2,255,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,943 | $849,954,000 |
$143,000 | $1,500,000 |
$105,000 | $2,255,000 |
| 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 |
286 | $71,835,000 |
$251,000 | $824,000 |
$109,000 | $2,255,000 |
| Application Denied By Financial Institution |
949 | $140,663,000 |
$148,000 | $1,500,000 |
$92,000 | $1,747,000 |
| Application Withdrawn By Applicant |
881 | $116,005,000 |
$131,000 | $1,500,000 |
$106,000 | $1,740,000 |
| File Closed For Incompleteness |
339 | $80,881,000 |
$238,000 | $995,000 |
$109,000 | $1,806,000 |
| Loan Originated |
3,271 | $363,578,000 |
$111,000 | $1,500,000 |
$106,000 | $1,926,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
212 | $74,750,000 |
$352,000 | $1,120,000 |
$151,000 | $1,701,000 |
| Preapproval Denied by Financial Institution |
5 | $2,242,000 |
$448,000 | $868,000 |
$101,000 | $157,000 |
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| Collateral |
128 | $13,573,000 |
$106,000 | $920,000 |
$129,000 | $1,747,000 |
| Credit Application Incomplete |
4 | $464,000 |
$116,000 | $250,000 |
$120,000 | $219,000 |
| Credit History |
245 | $35,647,000 |
$145,000 | $760,000 |
$91,000 | $1,315,000 |
| Debt-To-Income Ratio |
367 | $66,011,000 |
$179,000 | $1,500,000 |
$71,000 | $298,000 |
| Employment History |
1 | $12,000 |
$12,000 | $12,000 |
$22,000 | $22,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
35 | $4,790,000 |
$136,000 | $556,000 |
$93,000 | $341,000 |
| Unverifiable Information |
10 | $772,000 |
$77,000 | $200,000 |
$83,000 | $156,000 |
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Mortgage Loan App Totals for PATELCO CREDIT UNION by:
Metropolitan Area And
County
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