|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
SOUTHEAST OAKLAND COMMUNITY CR
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
SOUTHEAST OAKLAND COMMUNITY CR |
| Address | 3082 COOLIDGE HWY
BERKLEY, MI 48072 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 61 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,635,000 |
| Average Mortgage Loan Amount Applied For | $69,800 |
| Highest Mortgage Loan Amount Applied For | $356,000 |
| Average Applicant Income | $61,400 |
| Highest Applicant Income | $439,000 |
|
|
|
| Home Improvement |
38 | $1,057,000 |
$27,000 | $202,000 |
$60,000 | $189,000 |
| Home Purchase |
13 | $1,196,000 |
$92,000 | $248,000 |
$91,000 | $439,000 |
| Refinancing |
11 | $1,432,000 |
$130,000 | $356,000 |
$49,000 | $103,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $92,000 |
$92,000 | $92,000 |
$31,000 | $31,000 |
| Black or African American |
3 | $35,000 |
$11,000 | $15,000 |
$84,000 | $189,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
58 | $3,558,000 |
$61,000 | $356,000 |
$64,000 | $439,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
62 | $3,685,000 |
$59,000 | $356,000 |
$64,000 | $439,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
1 | $185,000 |
$185,000 | $185,000 |
$103,000 | $103,000 |
| Application Denied By Financial Institution |
8 | $441,000 |
$55,000 | $129,000 |
$34,000 | $52,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
53 | $3,059,000 |
$57,000 | $356,000 |
$68,000 | $439,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $383,000 |
$63,000 | $129,000 |
$34,000 | $52,000 |
| Debt-To-Income Ratio |
1 | $50,000 |
$50,000 | $50,000 |
$37,000 | $37,000 |
| 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 |
1 | $8,000 |
$8,000 | $8,000 |
$38,000 | $38,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for SOUTHEAST OAKLAND COMMUNITY CR by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
