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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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ST. CLOUD FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
ST. CLOUD FEDERAL CREDIT UNION |
| Address | 3030 FIRST STREET SOUTH
ST CLOUD, MN 56301 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 45 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,329,000 |
| Average Mortgage Loan Amount Applied For | $177,166 |
| Highest Mortgage Loan Amount Applied For | $490,000 |
| Average Applicant Income | $70,000 |
| Highest Applicant Income | $207,000 |
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| Home Improvement |
14 | $220,000 |
$15,000 | $50,000 |
$58,000 | $207,000 |
| Home Purchase |
14 | $1,709,000 |
$122,000 | $324,000 |
$50,000 | $116,000 |
| Refinancing |
17 | $2,400,000 |
$141,000 | $490,000 |
$61,000 | $151,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $55,000 |
$18,000 | $50,000 |
$69,000 | $207,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $7,000 |
$7,000 | $7,000 |
$53,000 | $53,000 |
| 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 |
41 | $4,267,000 |
$104,000 | $490,000 |
$56,000 | $151,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
45 | $4,329,000 |
$96,000 | $490,000 |
$56,000 | $207,000 |
| 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 |
6 | $142,000 |
$23,000 | $90,000 |
$19,000 | $58,000 |
| Application Withdrawn By Applicant |
5 | $490,000 |
$98,000 | $209,000 |
$36,000 | $55,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
34 | $3,697,000 |
$108,000 | $490,000 |
$66,000 | $207,000 |
| 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 | $90,000 |
$90,000 | $90,000 |
$58,000 | $58,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $42,000 |
$10,000 | $30,000 |
$14,000 | $53,000 |
| Debt-To-Income Ratio |
1 | $10,000 |
$10,000 | $10,000 |
$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 ST. CLOUD FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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