|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
SARASOTA COASTAL CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
SARASOTA COASTAL CREDIT UNION |
| Address | 3000 BEE RIDGE ROAD
SARASOTA, FL 34239 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 183 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $31,520,000 |
| Average Mortgage Loan Amount Applied For | $192,500 |
| Highest Mortgage Loan Amount Applied For | $535,000 |
| Average Applicant Income | $61,750 |
| Highest Applicant Income | $347,000 |
|
|
|
| Home Improvement |
32 | $2,073,000 |
$64,000 | $280,000 |
$73,000 | $147,000 |
| Home Purchase |
37 | $7,965,000 |
$215,000 | $500,000 |
$72,000 | $347,000 |
| Refinancing |
114 | $21,482,000 |
$188,000 | $535,000 |
$65,000 | $196,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $280,000 |
$280,000 | $280,000 |
$107,000 | $107,000 |
| Black or African American |
7 | $884,000 |
$126,000 | $206,000 |
$61,000 | $101,000 |
| Hispanic |
4 | $441,000 |
$110,000 | $150,000 |
$52,000 | $81,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $198,000 |
$99,000 | $135,000 |
$30,000 | $35,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
7 | $1,415,000 |
$202,000 | $441,000 |
$63,000 | $88,000 |
| White |
162 | $28,302,000 |
$174,000 | $535,000 |
$69,000 | $347,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
183 | $31,520,000 |
$172,000 | $535,000 |
$68,000 | $347,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
20 | $4,383,000 |
$219,000 | $473,000 |
$62,000 | $120,000 |
| Application Withdrawn By Applicant |
8 | $1,816,000 |
$227,000 | $535,000 |
$77,000 | $196,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
155 | $25,321,000 |
$163,000 | $500,000 |
$68,000 | $347,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $982,000 |
$196,000 | $465,000 |
$69,000 | $120,000 |
| Debt-To-Income Ratio |
9 | $2,177,000 |
$241,000 | $441,000 |
$65,000 | $97,000 |
| 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 |
1 | $165,000 |
$165,000 | $165,000 |
$42,000 | $42,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for SARASOTA COASTAL CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
