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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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STATE CENTRAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
STATE CENTRAL CREDIT UNION |
| Address | 10015 W. GREENFIELD AVE.
MILWAUKEE, WI 53214 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 267 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $26,650,000 |
| Average Mortgage Loan Amount Applied For | $114,076 |
| Highest Mortgage Loan Amount Applied For | $480,000 |
| Average Applicant Income | $82,384 |
| Highest Applicant Income | $211,000 |
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| Home Improvement |
75 | $1,513,000 |
$20,000 | $88,000 |
$59,000 | $130,000 |
| Home Purchase |
138 | $23,879,000 |
$173,000 | $480,000 |
$63,000 | $198,000 |
| Refinancing |
127 | $13,520,000 |
$106,000 | $410,000 |
$66,000 | $211,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $190,000 |
$95,000 | $180,000 |
$57,000 | $66,000 |
| Black or African American |
27 | $1,903,000 |
$70,000 | $188,000 |
$46,000 | $162,000 |
| Hispanic |
11 | $1,654,000 |
$150,000 | $405,000 |
$67,000 | $115,000 |
| 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 |
300 | $35,165,000 |
$117,000 | $480,000 |
$65,000 | $211,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
340 | $38,912,000 |
$114,000 | $480,000 |
$63,000 | $211,000 |
| 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 |
5 | $921,000 |
$184,000 | $256,000 |
$72,000 | $92,000 |
| Application Denied By Financial Institution |
12 | $1,235,000 |
$102,000 | $216,000 |
$45,000 | $92,000 |
| Application Withdrawn By Applicant |
40 | $6,709,000 |
$167,000 | $385,000 |
$60,000 | $110,000 |
| File Closed For Incompleteness |
13 | $2,036,000 |
$156,000 | $195,000 |
$55,000 | $95,000 |
| Loan Originated |
253 | $24,797,000 |
$98,000 | $480,000 |
$65,000 | $211,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
17 | $3,214,000 |
$189,000 | $337,000 |
$61,000 | $133,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
1 | $16,000 |
$16,000 | $16,000 |
$92,000 | $92,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $648,000 |
$108,000 | $209,000 |
$49,000 | $73,000 |
| Debt-To-Income Ratio |
4 | $521,000 |
$130,000 | $216,000 |
$41,000 | $59,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for STATE CENTRAL CREDIT UNION by:
Metropolitan Area And
County
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