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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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SHELL NEW ORLEANS FEDERAL CRED
Mortgage Loans and Application Details
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| Mortgage Company Name |
SHELL NEW ORLEANS FEDERAL CRED |
| Address | 701 POYDRAS STREET STE. P100
NEW ORLEANS, LA 70139 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 43 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,218,000 |
| Average Mortgage Loan Amount Applied For | $151,937 |
| Highest Mortgage Loan Amount Applied For | $417,000 |
| Average Applicant Income | $104,625 |
| Highest Applicant Income | $377,000 |
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| Home Improvement |
1 | $34,000 |
$34,000 | $34,000 |
$88,000 | $88,000 |
| Home Purchase |
29 | $4,502,000 |
$155,000 | $417,000 |
$105,000 | $377,000 |
| Refinancing |
13 | $1,682,000 |
$129,000 | $292,000 |
$68,000 | $131,000 |
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| American Indian or Alaskan Native |
1 | $155,000 |
$155,000 | $155,000 |
$48,000 | $48,000 |
| Asian |
3 | $441,000 |
$147,000 | $177,000 |
$177,000 | $377,000 |
| Black or African American |
9 | $1,121,000 |
$124,000 | $199,000 |
$60,000 | $113,000 |
| Hispanic |
3 | $727,000 |
$242,000 | $417,000 |
$142,000 | $267,000 |
| 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 |
27 | $3,774,000 |
$139,000 | $300,000 |
$92,000 | $248,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
43 | $6,218,000 |
$144,000 | $417,000 |
$94,000 | $377,000 |
| 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 |
3 | $298,000 |
$99,000 | $166,000 |
$67,000 | $131,000 |
| Application Denied By Financial Institution |
6 | $784,000 |
$130,000 | $192,000 |
$58,000 | $86,000 |
| Application Withdrawn By Applicant |
5 | $677,000 |
$135,000 | $171,000 |
$56,000 | $80,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
29 | $4,459,000 |
$153,000 | $417,000 |
$110,000 | $377,000 |
| 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 |
1 | $96,000 |
$96,000 | $96,000 |
$33,000 | $33,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $419,000 |
$139,000 | $192,000 |
$61,000 | $79,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
1 | $155,000 |
$155,000 | $155,000 |
$48,000 | $48,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $114,000 |
$114,000 | $114,000 |
$86,000 | $86,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SHELL NEW ORLEANS FEDERAL CRED by:
Metropolitan Area And
County
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