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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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SPACE COAST CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
SPACE COAST CREDIT UNION |
| Address | 8045 NORTH WICKHAM ROAD
MELBOURNE, FL 32940 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,558 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $287,732,000 |
| Average Mortgage Loan Amount Applied For | $162,321 |
| Highest Mortgage Loan Amount Applied For | $1,260,000 |
| Average Applicant Income | $77,535 |
| Highest Applicant Income | $1,666,000 |
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| Home Improvement |
29 | $4,944,000 |
$170,000 | $463,000 |
$114,000 | $1,550,000 |
| Home Purchase |
719 | $151,179,000 |
$210,000 | $1,260,000 |
$84,000 | $892,000 |
| Refinancing |
811 | $131,799,000 |
$162,000 | $850,000 |
$71,000 | $1,666,000 |
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| American Indian or Alaskan Native |
3 | $709,000 |
$236,000 | $445,000 |
$586,000 | $1,666,000 |
| Asian |
12 | $2,591,000 |
$215,000 | $340,000 |
$58,000 | $108,000 |
| Black or African American |
114 | $21,042,000 |
$184,000 | $850,000 |
$64,000 | $297,000 |
| Hispanic |
98 | $20,375,000 |
$207,000 | $700,000 |
$85,000 | $442,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $541,000 |
$108,000 | $173,000 |
$40,000 | $67,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
343 | $59,019,000 |
$172,000 | $845,000 |
$73,000 | $1,550,000 |
| White |
984 | $183,645,000 |
$186,000 | $1,260,000 |
$79,000 | $892,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,559 | $287,922,000 |
$184,000 | $1,260,000 |
$78,000 | $1,666,000 |
| 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 |
350 | $64,728,000 |
$184,000 | $845,000 |
$73,000 | $573,000 |
| Application Denied By Financial Institution |
160 | $28,950,000 |
$180,000 | $850,000 |
$75,000 | $1,550,000 |
| Application Withdrawn By Applicant |
3 | $751,000 |
$250,000 | $320,000 |
$125,000 | $186,000 |
| File Closed For Incompleteness |
33 | $5,136,000 |
$155,000 | $350,000 |
$61,000 | $218,000 |
| Loan Originated |
1,013 | $188,357,000 |
$185,000 | $1,260,000 |
$80,000 | $1,666,000 |
| 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 |
18 | $3,317,000 |
$184,000 | $463,000 |
$97,000 | $248,000 |
| Credit Application Incomplete |
3 | $350,000 |
$116,000 | $170,000 |
$42,000 | $63,000 |
| Credit History |
47 | $7,178,000 |
$152,000 | $380,000 |
$89,000 | $1,550,000 |
| Debt-To-Income Ratio |
71 | $14,518,000 |
$204,000 | $850,000 |
$51,000 | $144,000 |
| Employment History |
2 | $370,000 |
$185,000 | $200,000 |
$254,000 | $434,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $726,000 |
$181,000 | $266,000 |
$184,000 | $590,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $1,162,000 |
$145,000 | $299,000 |
$87,000 | $360,000 |
| Unverifiable Information |
5 | $1,059,000 |
$211,000 | $293,000 |
$41,000 | $73,000 |
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Mortgage Loan App Totals for SPACE COAST CREDIT UNION by:
Metropolitan Area And
County
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