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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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SAN MATEO CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
SAN MATEO CREDIT UNION |
| Address | 525 MIDDLEFIELD ROAD
REDWOOD CITY, CA 94063 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 196 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $45,395,000 |
| Average Mortgage Loan Amount Applied For | $176,157 |
| Highest Mortgage Loan Amount Applied For | $1,359,000 |
| Average Applicant Income | $101,578 |
| Highest Applicant Income | $1,020,000 |
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| Home Improvement |
9 | $1,360,000 |
$151,000 | $520,000 |
$152,000 | $348,000 |
| Home Purchase |
18 | $7,888,000 |
$438,000 | $1,359,000 |
$108,000 | $290,000 |
| Refinancing |
173 | $37,318,000 |
$215,000 | $850,000 |
$118,000 | $1,020,000 |
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| American Indian or Alaskan Native |
1 | $200,000 |
$200,000 | $200,000 |
$113,000 | $113,000 |
| Asian |
25 | $6,824,000 |
$272,000 | $750,000 |
$102,000 | $256,000 |
| Black or African American |
9 | $2,537,000 |
$281,000 | $1,359,000 |
$76,000 | $134,000 |
| Hispanic |
51 | $11,852,000 |
$232,000 | $616,000 |
$84,000 | $180,000 |
| Native Hawaiin or Other Pacific Islander |
11 | $2,073,000 |
$188,000 | $400,000 |
$157,000 | $1,012,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
5 | $2,076,000 |
$415,000 | $568,000 |
$148,000 | $256,000 |
| White |
98 | $21,004,000 |
$214,000 | $850,000 |
$139,000 | $1,020,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
200 | $46,566,000 |
$232,000 | $1,359,000 |
$119,000 | $1,020,000 |
| 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 |
37 | $10,001,000 |
$270,000 | $750,000 |
$73,000 | $158,000 |
| Application Withdrawn By Applicant |
23 | $8,750,000 |
$380,000 | $720,000 |
$96,000 | $256,000 |
| File Closed For Incompleteness |
4 | $1,995,000 |
$498,000 | $745,000 |
$367,000 | $963,000 |
| Loan Originated |
136 | $25,820,000 |
$189,000 | $1,359,000 |
$128,000 | $1,020,000 |
| 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 |
1 | $31,000 |
$31,000 | $31,000 |
$55,000 | $55,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $1,240,000 |
$310,000 | $592,000 |
$73,000 | $158,000 |
| Debt-To-Income Ratio |
7 | $1,614,000 |
$230,000 | $400,000 |
$68,000 | $150,000 |
| 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 SAN MATEO CREDIT UNION by:
Metropolitan Area And
County
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