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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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STANFORD FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
STANFORD FEDERAL CREDIT UNION |
| Address | 1860 EMBARCADERO ROAD
PALO ALTO, CA 94303 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 175 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $78,577,000 |
| Average Mortgage Loan Amount Applied For | $265,361 |
| Highest Mortgage Loan Amount Applied For | $2,470,000 |
| Average Applicant Income | $139,361 |
| Highest Applicant Income | $1,200,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
67 | $29,223,000 |
$436,000 | $1,720,000 |
$188,000 | $980,000 |
| Refinancing |
108 | $49,354,000 |
$456,000 | $2,470,000 |
$165,000 | $1,200,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
19 | $9,502,000 |
$500,000 | $1,680,000 |
$162,000 | $387,000 |
| Black or African American |
12 | $3,526,000 |
$293,000 | $705,000 |
$78,000 | $143,000 |
| Hispanic |
32 | $10,983,000 |
$343,000 | $703,000 |
$113,000 | $296,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3 | $1,699,000 |
$566,000 | $994,000 |
$200,000 | $361,000 |
| White |
109 | $52,867,000 |
$485,000 | $2,470,000 |
$203,000 | $1,200,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
175 | $78,577,000 |
$449,000 | $2,470,000 |
$174,000 | $1,200,000 |
| 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 |
9 | $3,321,000 |
$369,000 | $608,000 |
$88,000 | $200,000 |
| Application Withdrawn By Applicant |
20 | $12,462,000 |
$623,000 | $1,720,000 |
$196,000 | $550,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
146 | $62,794,000 |
$430,000 | $2,470,000 |
$176,000 | $1,200,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $1,582,000 |
$395,000 | $560,000 |
$88,000 | $132,000 |
| Debt-To-Income Ratio |
4 | $1,299,000 |
$324,000 | $608,000 |
$59,000 | $70,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $440,000 |
$440,000 | $440,000 |
$200,000 | $200,000 |
| 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 STANFORD FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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