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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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RESOURCE ONE CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
RESOURCE ONE CREDIT UNION |
| Address | 7518 FERGUSON RD
DALLAS, TX 75228 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 637 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $25,029,000 |
| Average Mortgage Loan Amount Applied For | $52,400 |
| Highest Mortgage Loan Amount Applied For | $235,000 |
| Average Applicant Income | $106,080 |
| Highest Applicant Income | $1,000,000 |
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| Home Improvement |
145 | $6,048,000 |
$41,000 | $132,000 |
$96,000 | $1,000,000 |
| Home Purchase |
453 | $17,484,000 |
$38,000 | $235,000 |
$97,000 | $451,000 |
| Refinancing |
45 | $1,915,000 |
$42,000 | $200,000 |
$110,000 | $305,000 |
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| American Indian or Alaskan Native |
4 | $148,000 |
$37,000 | $52,000 |
$85,000 | $100,000 |
| Asian |
34 | $1,057,000 |
$31,000 | $72,000 |
$96,000 | $359,000 |
| Black or African American |
50 | $1,623,000 |
$32,000 | $104,000 |
$68,000 | $161,000 |
| Hispanic |
57 | $1,967,000 |
$34,000 | $118,000 |
$91,000 | $1,000,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $76,000 |
$38,000 | $38,000 |
$137,000 | $200,000 |
| Not applicable |
6 | $187,000 |
$31,000 | $51,000 |
$88,000 | $111,000 |
| Not Provided |
5 | $381,000 |
$76,000 | $122,000 |
$133,000 | $250,000 |
| White |
485 | $20,008,000 |
$41,000 | $235,000 |
$101,000 | $451,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
643 | $25,447,000 |
$39,000 | $235,000 |
$97,000 | $1,000,000 |
| 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 |
32 | $1,367,000 |
$42,000 | $200,000 |
$48,000 | $250,000 |
| Application Withdrawn By Applicant |
27 | $1,232,000 |
$45,000 | $133,000 |
$83,000 | $451,000 |
| File Closed For Incompleteness |
10 | $306,000 |
$30,000 | $67,000 |
$70,000 | $133,000 |
| Loan Originated |
109 | $5,928,000 |
$54,000 | $235,000 |
$103,000 | $1,000,000 |
| Loan Purchased By The Institution |
465 | $16,614,000 |
$35,000 | $126,000 |
$101,000 | $359,000 |
| 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 |
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 |
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Mortgage Loan App Totals for RESOURCE ONE CREDIT UNION by:
Metropolitan Area And
County
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