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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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PATRIOTS FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
PATRIOTS FEDERAL CREDIT UNION |
| Address | 26970 ALISO VIEJO PKWY #150
ALISO VIEJO, CA 92656 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 65 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,881,000 |
| Average Mortgage Loan Amount Applied For | $131,333 |
| Highest Mortgage Loan Amount Applied For | $925,000 |
| Average Applicant Income | $88,333 |
| Highest Applicant Income | $346,000 |
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| Home Improvement |
13 | $995,000 |
$76,000 | $200,000 |
$97,000 | $240,000 |
| Home Purchase |
2 | $1,040,000 |
$520,000 | $925,000 |
$264,000 | $264,000 |
| Refinancing |
50 | $6,846,000 |
$136,000 | $620,000 |
$107,000 | $346,000 |
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| American Indian or Alaskan Native |
1 | $417,000 |
$417,000 | $417,000 |
$55,000 | $55,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $50,000 |
$50,000 | $50,000 |
$48,000 | $48,000 |
| Hispanic |
4 | $593,000 |
$148,000 | $266,000 |
$137,000 | $205,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
35 | $4,254,000 |
$121,000 | $925,000 |
$104,000 | $300,000 |
| White |
24 | $3,567,000 |
$148,000 | $620,000 |
$119,000 | $346,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
65 | $8,881,000 |
$136,000 | $925,000 |
$110,000 | $346,000 |
| 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 |
6 | $507,000 |
$84,000 | $266,000 |
$70,000 | $205,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
59 | $8,374,000 |
$141,000 | $925,000 |
$114,000 | $346,000 |
| 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 |
2 | $281,000 |
$140,000 | $266,000 |
$114,000 | $205,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $50,000 |
$50,000 | $50,000 |
$66,000 | $66,000 |
| Debt-To-Income Ratio |
3 | $176,000 |
$58,000 | $94,000 |
$42,000 | $91,000 |
| 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 PATRIOTS FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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