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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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SRP FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
SRP FEDERAL CREDIT UNION |
| Address | P.O. BOX 6730
NORTH AUGUSTA, SC 29861 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 688 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $38,591,000 |
| Average Mortgage Loan Amount Applied For | $60,450 |
| Highest Mortgage Loan Amount Applied For | $544,000 |
| Average Applicant Income | $68,650 |
| Highest Applicant Income | $1,128,000 |
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| Home Improvement |
5 | $47,000 |
$9,000 | $14,000 |
$23,000 | $31,000 |
| Home Purchase |
264 | $13,526,000 |
$51,000 | $315,000 |
$47,000 | $233,000 |
| Refinancing |
420 | $25,037,000 |
$59,000 | $544,000 |
$65,000 | $1,128,000 |
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| American Indian or Alaskan Native |
1 | $19,000 |
$19,000 | $19,000 |
$19,000 | $19,000 |
| Asian |
2 | $215,000 |
$107,000 | $200,000 |
$79,000 | $152,000 |
| Black or African American |
122 | $5,591,000 |
$45,000 | $264,000 |
$46,000 | $144,000 |
| Hispanic |
12 | $376,000 |
$31,000 | $72,000 |
$46,000 | $82,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $26,000 |
$26,000 | $26,000 |
$21,000 | $21,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
48 | $1,292,000 |
$26,000 | $138,000 |
$35,000 | $190,000 |
| White |
503 | $31,091,000 |
$61,000 | $544,000 |
$63,000 | $1,128,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
687 | $38,351,000 |
$55,000 | $544,000 |
$58,000 | $1,128,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $245,000 |
$245,000 | $245,000 |
$51,000 | $51,000 |
| VA-guaranteed (Veterans Administration) |
1 | $14,000 |
$14,000 | $14,000 |
$60,000 | $60,000 |
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| Application Approved But Not Accepted |
1 | $39,000 |
$39,000 | $39,000 |
$89,000 | $89,000 |
| Application Denied By Financial Institution |
109 | $5,319,000 |
$48,000 | $544,000 |
$46,000 | $1,128,000 |
| Application Withdrawn By Applicant |
43 | $3,539,000 |
$82,000 | $274,000 |
$66,000 | $461,000 |
| File Closed For Incompleteness |
12 | $638,000 |
$53,000 | $166,000 |
$63,000 | $168,000 |
| Loan Originated |
524 | $29,075,000 |
$55,000 | $356,000 |
$59,000 | $234,000 |
| 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 | $476,000 |
$476,000 | $476,000 |
$116,000 | $116,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $155,000 |
$38,000 | $55,000 |
$47,000 | $69,000 |
| 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 SRP FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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