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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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SACU
Mortgage Loans and Application Details
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| Mortgage Company Name |
SACU |
| Address | 6061 IH 10 WEST
SAN ANTONIO, TX 78201 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,189 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $69,833,000 |
| Average Mortgage Loan Amount Applied For | $89,166 |
| Highest Mortgage Loan Amount Applied For | $671,000 |
| Average Applicant Income | $85,214 |
| Highest Applicant Income | $1,097,000 |
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| Home Improvement |
715 | $15,613,000 |
$21,000 | $381,000 |
$70,000 | $360,000 |
| Home Purchase |
609 | $69,373,000 |
$113,000 | $850,000 |
$75,000 | $1,097,000 |
| Refinancing |
105 | $11,643,000 |
$110,000 | $671,000 |
$70,000 | $430,000 |
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| American Indian or Alaskan Native |
6 | $838,000 |
$139,000 | $300,000 |
$71,000 | $129,000 |
| Asian |
18 | $2,549,000 |
$141,000 | $550,000 |
$68,000 | $133,000 |
| Black or African American |
35 | $3,560,000 |
$101,000 | $400,000 |
$66,000 | $287,000 |
| Hispanic |
632 | $35,647,000 |
$56,000 | $515,000 |
$59,000 | $870,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $516,000 |
$86,000 | $130,000 |
$47,000 | $85,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
732 | $53,519,000 |
$73,000 | $850,000 |
$84,000 | $1,097,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,429 | $96,629,000 |
$67,000 | $850,000 |
$72,000 | $1,097,000 |
| 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 |
74 | $4,292,000 |
$58,000 | $435,000 |
$74,000 | $518,000 |
| Application Denied By Financial Institution |
373 | $21,402,000 |
$57,000 | $515,000 |
$58,000 | $870,000 |
| Application Withdrawn By Applicant |
344 | $29,145,000 |
$84,000 | $850,000 |
$71,000 | $732,000 |
| File Closed For Incompleteness |
1 | $43,000 |
$43,000 | $43,000 |
$28,000 | $28,000 |
| Loan Originated |
637 | $41,747,000 |
$65,000 | $671,000 |
$82,000 | $1,097,000 |
| 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 |
32 | $545,000 |
$17,000 | $49,000 |
$58,000 | $200,000 |
| Credit Application Incomplete |
1 | $60,000 |
$60,000 | $60,000 |
$34,000 | $34,000 |
| Credit History |
265 | $15,636,000 |
$59,000 | $400,000 |
$60,000 | $870,000 |
| Debt-To-Income Ratio |
60 | $4,192,000 |
$69,000 | $515,000 |
$45,000 | $173,000 |
| Employment History |
3 | $128,000 |
$42,000 | $70,000 |
$26,000 | $30,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $1,000 |
$1,000 | $1,000 |
$25,000 | $25,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $725,000 |
$90,000 | $170,000 |
$71,000 | $152,000 |
| Unverifiable Information |
3 | $115,000 |
$38,000 | $65,000 |
$122,000 | $300,000 |
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Mortgage Loan App Totals for SACU by:
Metropolitan Area And
County
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