|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
PEOPLESCHOICE CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
PEOPLESCHOICE CREDIT UNION |
| Address | 35 BRADBURY STREET
BIDDEFORD, ME 04005 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 130 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,656,000 |
| Average Mortgage Loan Amount Applied For | $55,500 |
| Highest Mortgage Loan Amount Applied For | $476,000 |
| Average Applicant Income | $56,000 |
| Highest Applicant Income | $442,000 |
|
|
|
| Home Improvement |
33 | $2,155,000 |
$65,000 | $238,000 |
$70,000 | $442,000 |
| Home Purchase |
12 | $2,305,000 |
$192,000 | $476,000 |
$70,000 | $150,000 |
| Refinancing |
85 | $7,196,000 |
$84,000 | $300,000 |
$62,000 | $132,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $13,000 |
$13,000 | $13,000 |
$47,000 | $47,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
129 | $11,643,000 |
$90,000 | $476,000 |
$65,000 | $442,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
130 | $11,656,000 |
$89,000 | $476,000 |
$65,000 | $442,000 |
| 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 |
1 | $70,000 |
$70,000 | $70,000 |
$36,000 | $36,000 |
| Application Denied By Financial Institution |
4 | $419,000 |
$104,000 | $214,000 |
$59,000 | $64,000 |
| Application Withdrawn By Applicant |
3 | $141,000 |
$47,000 | $55,000 |
$63,000 | $77,000 |
| File Closed For Incompleteness |
3 | $108,000 |
$36,000 | $40,000 |
$58,000 | $100,000 |
| Loan Originated |
119 | $10,918,000 |
$91,000 | $476,000 |
$66,000 | $442,000 |
| 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 |
1 | $8,000 |
$8,000 | $8,000 |
$64,000 | $64,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $411,000 |
$137,000 | $214,000 |
$58,000 | $64,000 |
| 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 |
|
Mortgage Loan App Totals for PEOPLESCHOICE CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
