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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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SM FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
SM FEDERAL CREDIT UNION |
| Address | P. O. BOX 498
MISSION, KS 66201 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 91 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,198,000 |
| Average Mortgage Loan Amount Applied For | $107,916 |
| Highest Mortgage Loan Amount Applied For | $376,000 |
| Average Applicant Income | $110,166 |
| Highest Applicant Income | $1,310,000 |
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| Home Improvement |
55 | $1,767,000 |
$32,000 | $200,000 |
$114,000 | $324,000 |
| Home Purchase |
28 | $4,428,000 |
$158,000 | $376,000 |
$129,000 | $1,310,000 |
| Refinancing |
25 | $2,309,000 |
$92,000 | $249,000 |
$86,000 | $170,000 |
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| American Indian or Alaskan Native |
2 | $161,000 |
$80,000 | $150,000 |
$85,000 | $85,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
4 | $325,000 |
$81,000 | $105,000 |
$57,000 | $73,000 |
| Hispanic |
2 | $260,000 |
$130,000 | $230,000 |
$60,000 | $76,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
6 | $434,000 |
$72,000 | $184,000 |
$127,000 | $186,000 |
| White |
94 | $7,324,000 |
$77,000 | $376,000 |
$115,000 | $1,310,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
108 | $8,504,000 |
$78,000 | $376,000 |
$112,000 | $1,310,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
5 | $300,000 |
$60,000 | $105,000 |
$53,000 | $80,000 |
| Application Withdrawn By Applicant |
1 | $56,000 |
$56,000 | $56,000 |
$60,000 | $60,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
102 | $8,148,000 |
$79,000 | $376,000 |
$115,000 | $1,310,000 |
| 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 |
2 | $30,000 |
$15,000 | $20,000 |
$76,000 | $80,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $165,000 |
$82,000 | $105,000 |
$33,000 | $48,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SM FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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