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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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SCOTT CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
SCOTT CREDIT UNION |
| Address | 555 LINCOLN HWY
FAIRVIEW HEIGHTS, IL 62208 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 680 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $46,096,000 |
| Average Mortgage Loan Amount Applied For | $79,240 |
| Highest Mortgage Loan Amount Applied For | $470,000 |
| Average Applicant Income | $78,560 |
| Highest Applicant Income | $1,860,000 |
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| Home Improvement |
51 | $1,821,000 |
$35,000 | $496,000 |
$72,000 | $189,000 |
| Home Purchase |
181 | $20,955,000 |
$115,000 | $286,000 |
$66,000 | $220,000 |
| Refinancing |
463 | $25,349,000 |
$54,000 | $470,000 |
$81,000 | $1,860,000 |
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| American Indian or Alaskan Native |
5 | $309,000 |
$61,000 | $150,000 |
$69,000 | $117,000 |
| Asian |
9 | $790,000 |
$87,000 | $185,000 |
$62,000 | $120,000 |
| Black or African American |
64 | $4,781,000 |
$74,000 | $210,000 |
$53,000 | $133,000 |
| Hispanic |
14 | $1,340,000 |
$95,000 | $266,000 |
$62,000 | $136,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $249,000 |
$62,000 | $173,000 |
$73,000 | $98,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
47 | $3,587,000 |
$76,000 | $400,000 |
$129,000 | $1,860,000 |
| White |
552 | $37,069,000 |
$67,000 | $496,000 |
$75,000 | $695,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
643 | $40,000,000 |
$62,000 | $496,000 |
$76,000 | $1,860,000 |
| 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) |
52 | $8,125,000 |
$156,000 | $286,000 |
$77,000 | $162,000 |
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| Application Approved But Not Accepted |
2 | $225,000 |
$112,000 | $200,000 |
$59,000 | $59,000 |
| Application Denied By Financial Institution |
83 | $5,111,000 |
$61,000 | $248,000 |
$47,000 | $144,000 |
| Application Withdrawn By Applicant |
186 | $17,051,000 |
$91,000 | $400,000 |
$79,000 | $1,860,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
424 | $25,738,000 |
$60,000 | $496,000 |
$81,000 | $695,000 |
| 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 |
8 | $874,000 |
$109,000 | $208,000 |
$69,000 | $144,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
27 | $1,291,000 |
$47,000 | $180,000 |
$50,000 | $96,000 |
| Debt-To-Income Ratio |
26 | $1,645,000 |
$63,000 | $248,000 |
$40,000 | $87,000 |
| Employment History |
3 | $185,000 |
$61,000 | $143,000 |
$58,000 | $87,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $109,000 |
$36,000 | $68,000 |
$26,000 | $30,000 |
| Unverifiable Information |
3 | $89,000 |
$29,000 | $54,000 |
$26,000 | $54,000 |
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Mortgage Loan App Totals for SCOTT CREDIT UNION by:
Metropolitan Area And
County
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