|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
SIOUX FALLS FEDERAL CREDIT UNI
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
SIOUX FALLS FEDERAL CREDIT UNI |
| Address | 700 E. 14TH STREET/ P.O. BOX 5735
SIOUX FALLS, SD 57117 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 303 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $25,210,000 |
| Average Mortgage Loan Amount Applied For | $74,100 |
| Highest Mortgage Loan Amount Applied For | $577,000 |
| Average Applicant Income | $91,900 |
| Highest Applicant Income | $572,000 |
|
|
|
| Home Improvement |
17 | $156,000 |
$9,000 | $20,000 |
$62,000 | $114,000 |
| Home Purchase |
184 | $23,322,000 |
$126,000 | $577,000 |
$59,000 | $572,000 |
| Refinancing |
112 | $2,989,000 |
$26,000 | $283,000 |
$69,000 | $202,000 |
|
|
| American Indian or Alaskan Native |
1 | $105,000 |
$105,000 | $105,000 |
$28,000 | $28,000 |
| Asian |
2 | $316,000 |
$158,000 | $164,000 |
$53,000 | $65,000 |
| Black or African American |
4 | $507,000 |
$126,000 | $198,000 |
$53,000 | $98,000 |
| Hispanic |
3 | $210,000 |
$70,000 | $147,000 |
$65,000 | $101,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $68,000 |
$68,000 | $68,000 |
$90,000 | $90,000 |
| Not Provided |
3 | $94,000 |
$31,000 | $44,000 |
$48,000 | $60,000 |
| White |
299 | $25,167,000 |
$84,000 | $577,000 |
$63,000 | $572,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
271 | $21,741,000 |
$80,000 | $577,000 |
$66,000 | $572,000 |
| FHA-insured (Federal Housing Administration) |
27 | $2,806,000 |
$103,000 | $198,000 |
$39,000 | $67,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
6 | $533,000 |
$88,000 | $149,000 |
$40,000 | $60,000 |
| VA-guaranteed (Veterans Administration) |
9 | $1,387,000 |
$154,000 | $302,000 |
$63,000 | $123,000 |
|
|
| Application Approved But Not Accepted |
3 | $456,000 |
$152,000 | $296,000 |
$48,000 | $70,000 |
| Application Denied By Financial Institution |
12 | $642,000 |
$53,000 | $167,000 |
$44,000 | $63,000 |
| Application Withdrawn By Applicant |
10 | $981,000 |
$98,000 | $176,000 |
$55,000 | $163,000 |
| File Closed For Incompleteness |
4 | $865,000 |
$216,000 | $283,000 |
$74,000 | $90,000 |
| Loan Originated |
275 | $22,562,000 |
$82,000 | $577,000 |
$65,000 | $572,000 |
| 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 |
9 | $961,000 |
$106,000 | $198,000 |
$38,000 | $73,000 |
|
|
| Collateral |
1 | $77,000 |
$77,000 | $77,000 |
$35,000 | $35,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
10 | $874,000 |
$87,000 | $198,000 |
$42,000 | $73,000 |
| Debt-To-Income Ratio |
8 | $625,000 |
$78,000 | $167,000 |
$43,000 | $63,000 |
| Employment History |
1 | $7,000 |
$7,000 | $7,000 |
$19,000 | $19,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$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 |
|
Mortgage Loan App Totals for SIOUX FALLS FEDERAL CREDIT UNI by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
