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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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SEABORD CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
SEABORD CREDIT UNION |
| Address | 500 WEST 1ST STREET
JACKSONVILLE, FL 32202 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 244 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,650,000 |
| Average Mortgage Loan Amount Applied For | $72,854 |
| Highest Mortgage Loan Amount Applied For | $360,000 |
| Average Applicant Income | $23,291 |
| Highest Applicant Income | $196,000 |
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| Home Improvement |
203 | $10,861,000 |
$53,000 | $360,000 |
$12,000 | $196,000 |
| Home Purchase |
17 | $2,423,000 |
$142,000 | $308,000 |
$60,000 | $96,000 |
| Refinancing |
24 | $3,366,000 |
$140,000 | $258,000 |
$66,000 | $186,000 |
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| American Indian or Alaskan Native |
1 | $35,000 |
$35,000 | $35,000 |
$0 | $0 |
| Asian |
2 | $205,000 |
$102,000 | $122,000 |
$0 | $0 |
| Black or African American |
34 | $1,836,000 |
$54,000 | $308,000 |
$12,000 | $101,000 |
| Hispanic |
3 | $120,000 |
$40,000 | $60,000 |
$20,000 | $62,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $20,000 |
$20,000 | $20,000 |
$16,000 | $16,000 |
| Not Provided |
49 | $4,354,000 |
$88,000 | $300,000 |
$33,000 | $196,000 |
| White |
154 | $10,080,000 |
$65,000 | $360,000 |
$19,000 | $186,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
244 | $16,650,000 |
$68,000 | $360,000 |
$21,000 | $196,000 |
| 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 |
15 | $2,214,000 |
$147,000 | $308,000 |
$65,000 | $170,000 |
| Application Denied By Financial Institution |
24 | $1,884,000 |
$78,000 | $227,000 |
$31,000 | $120,000 |
| Application Withdrawn By Applicant |
32 | $2,198,000 |
$68,000 | $300,000 |
$48,000 | $196,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
173 | $10,354,000 |
$59,000 | $360,000 |
$10,000 | $171,000 |
| 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 |
4 | $110,000 |
$27,000 | $60,000 |
$2,000 | $10,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $487,000 |
$121,000 | $227,000 |
$53,000 | $84,000 |
| Debt-To-Income Ratio |
12 | $1,091,000 |
$90,000 | $169,000 |
$39,000 | $120,000 |
| Employment History |
1 | $85,000 |
$85,000 | $85,000 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $15,000 |
$15,000 | $15,000 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $20,000 |
$20,000 | $20,000 |
$60,000 | $60,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SEABORD CREDIT UNION by:
Metropolitan Area And
County
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