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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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RARITAN BAY FEDERAL CU
Mortgage Loans and Application Details
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| Mortgage Company Name |
RARITAN BAY FEDERAL CU |
| Address | 491 RARITAN STREET
SAYREVILLE, NJ 08872 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 38 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,837,000 |
| Average Mortgage Loan Amount Applied For | $46,000 |
| Highest Mortgage Loan Amount Applied For | $175,000 |
| Average Applicant Income | $81,200 |
| Highest Applicant Income | $181,000 |
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| Home Improvement |
37 | $1,702,000 |
$46,000 | $175,000 |
$83,000 | $181,000 |
| Home Purchase |
1 | $135,000 |
$135,000 | $135,000 |
$112,000 | $112,000 |
| Refinancing |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $85,000 |
$28,000 | $40,000 |
$83,000 | $116,000 |
| Black or African American |
1 | $25,000 |
$25,000 | $25,000 |
$110,000 | $110,000 |
| Hispanic |
2 | $49,000 |
$24,000 | $34,000 |
$52,000 | $59,000 |
| 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 |
32 | $1,678,000 |
$52,000 | $175,000 |
$85,000 | $181,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
38 | $1,837,000 |
$48,000 | $175,000 |
$84,000 | $181,000 |
| 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 |
2 | $113,000 |
$56,000 | $58,000 |
$70,000 | $70,000 |
| Application Withdrawn By Applicant |
5 | $197,000 |
$39,000 | $135,000 |
$73,000 | $112,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
31 | $1,527,000 |
$49,000 | $175,000 |
$86,000 | $181,000 |
| 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 |
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 |
2 | $113,000 |
$56,000 | $58,000 |
$70,000 | $70,000 |
| 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 RARITAN BAY FEDERAL CU by:
Metropolitan Area And
County
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