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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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SELF-HELP CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
SELF-HELP CREDIT UNION |
| Address | 301 W. MAIN STREET
DURHAM, NC 27701 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 482 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $42,148,000 |
| Average Mortgage Loan Amount Applied For | $81,137 |
| Highest Mortgage Loan Amount Applied For | $225,000 |
| Average Applicant Income | $33,155 |
| Highest Applicant Income | $97,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
457 | $39,973,000 |
$87,000 | $225,000 |
$34,000 | $97,000 |
| Refinancing |
25 | $2,175,000 |
$87,000 | $174,000 |
$40,000 | $79,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $99,000 |
$99,000 | $99,000 |
$30,000 | $30,000 |
| Black or African American |
71 | $5,328,000 |
$75,000 | $174,000 |
$33,000 | $73,000 |
| Hispanic |
360 | $32,251,000 |
$89,000 | $225,000 |
$35,000 | $86,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
50 | $4,470,000 |
$89,000 | $201,000 |
$33,000 | $97,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
473 | $41,154,000 |
$87,000 | $225,000 |
$34,000 | $97,000 |
| FHA-insured (Federal Housing Administration) |
7 | $689,000 |
$98,000 | $148,000 |
$29,000 | $42,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $305,000 |
$152,000 | $201,000 |
$47,000 | $65,000 |
| 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 |
92 | $7,460,000 |
$81,000 | $225,000 |
$31,000 | $70,000 |
| Application Withdrawn By Applicant |
37 | $3,090,000 |
$83,000 | $146,000 |
$35,000 | $75,000 |
| File Closed For Incompleteness |
1 | $109,000 |
$109,000 | $109,000 |
$36,000 | $36,000 |
| Loan Originated |
352 | $31,489,000 |
$89,000 | $214,000 |
$35,000 | $97,000 |
| 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 |
53 | $4,022,000 |
$75,000 | $150,000 |
$32,000 | $70,000 |
| Credit Application Incomplete |
5 | $402,000 |
$80,000 | $117,000 |
$24,000 | $44,000 |
| Credit History |
15 | $1,270,000 |
$84,000 | $140,000 |
$32,000 | $51,000 |
| Debt-To-Income Ratio |
5 | $446,000 |
$89,000 | $131,000 |
$27,000 | $44,000 |
| Employment History |
1 | $125,000 |
$125,000 | $125,000 |
$39,000 | $39,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
5 | $334,000 |
$66,000 | $91,000 |
$26,000 | $46,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $260,000 |
$86,000 | $95,000 |
$34,000 | $45,000 |
| Unverifiable Information |
5 | $601,000 |
$120,000 | $225,000 |
$36,000 | $67,000 |
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Mortgage Loan App Totals for SELF-HELP CREDIT UNION by:
Metropolitan Area And
County
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