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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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SB1 FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
SB1 FEDERAL CREDIT UNION |
| Address | 200 N 16TH ST FP0200
PHILADELPHIA, PA 19102 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 71 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,884,000 |
| Average Mortgage Loan Amount Applied For | $269,708 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $122,166 |
| Highest Applicant Income | $490,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
33 | $8,245,000 |
$249,000 | $1,000,000 |
$135,000 | $490,000 |
| Refinancing |
38 | $8,639,000 |
$227,000 | $504,000 |
$91,000 | $257,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
8 | $1,507,000 |
$188,000 | $504,000 |
$102,000 | $257,000 |
| Hispanic |
2 | $444,000 |
$222,000 | $350,000 |
$43,000 | $59,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
15 | $3,535,000 |
$235,000 | $400,000 |
$99,000 | $216,000 |
| White |
46 | $11,398,000 |
$247,000 | $1,000,000 |
$120,000 | $490,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
71 | $16,884,000 |
$237,000 | $1,000,000 |
$111,000 | $490,000 |
| 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 |
13 | $2,798,000 |
$215,000 | $375,000 |
$68,000 | $135,000 |
| Application Withdrawn By Applicant |
12 | $3,385,000 |
$282,000 | $1,000,000 |
$141,000 | $490,000 |
| File Closed For Incompleteness |
2 | $250,000 |
$125,000 | $150,000 |
$90,000 | $110,000 |
| Loan Originated |
44 | $10,451,000 |
$237,000 | $445,000 |
$117,000 | $386,000 |
| 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 |
1 | $225,000 |
$225,000 | $225,000 |
$67,000 | $67,000 |
| Credit History |
5 | $840,000 |
$168,000 | $356,000 |
$66,000 | $99,000 |
| Debt-To-Income Ratio |
4 | $770,000 |
$192,000 | $350,000 |
$50,000 | $98,000 |
| 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 |
1 | $375,000 |
$375,000 | $375,000 |
$70,000 | $70,000 |
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Mortgage Loan App Totals for SB1 FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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