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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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SUFFOLK FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
SUFFOLK FEDERAL CREDIT UNION |
| Address | 3681 HORSEBLOCK ROAD
MEDFORD, NY 11763 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 556 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $85,722,000 |
| Average Mortgage Loan Amount Applied For | $144,354 |
| Highest Mortgage Loan Amount Applied For | $700,000 |
| Average Applicant Income | $98,064 |
| Highest Applicant Income | $1,018,000 |
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| Home Improvement |
263 | $16,888,000 |
$64,000 | $400,000 |
$102,000 | $1,018,000 |
| Home Purchase |
100 | $23,580,000 |
$235,000 | $600,000 |
$106,000 | $1,011,000 |
| Refinancing |
193 | $45,254,000 |
$234,000 | $700,000 |
$88,000 | $250,000 |
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| American Indian or Alaskan Native |
1 | $108,000 |
$108,000 | $108,000 |
$57,000 | $57,000 |
| Asian |
13 | $2,501,000 |
$192,000 | $348,000 |
$74,000 | $147,000 |
| Black or African American |
41 | $5,980,000 |
$145,000 | $380,000 |
$88,000 | $204,000 |
| Hispanic |
35 | $7,074,000 |
$202,000 | $473,000 |
$67,000 | $240,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $40,000 |
$40,000 | $40,000 |
$90,000 | $90,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
119 | $15,121,000 |
$127,000 | $700,000 |
$104,000 | $1,011,000 |
| White |
346 | $54,898,000 |
$158,000 | $660,000 |
$101,000 | $1,018,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
556 | $85,722,000 |
$154,000 | $700,000 |
$98,000 | $1,018,000 |
| 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 |
70 | $16,687,000 |
$238,000 | $500,000 |
$99,000 | $360,000 |
| Application Denied By Financial Institution |
66 | $10,050,000 |
$152,000 | $409,000 |
$70,000 | $183,000 |
| Application Withdrawn By Applicant |
74 | $5,790,000 |
$78,000 | $400,000 |
$114,000 | $1,018,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
346 | $53,195,000 |
$153,000 | $700,000 |
$100,000 | $1,011,000 |
| 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 |
7 | $957,000 |
$136,000 | $360,000 |
$65,000 | $149,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
35 | $3,595,000 |
$102,000 | $390,000 |
$85,000 | $183,000 |
| Debt-To-Income Ratio |
11 | $2,911,000 |
$264,000 | $409,000 |
$46,000 | $105,000 |
| Employment History |
2 | $179,000 |
$89,000 | $151,000 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $598,000 |
$149,000 | $355,000 |
$85,000 | $123,000 |
| Unverifiable Information |
2 | $401,000 |
$200,000 | $321,000 |
$104,000 | $104,000 |
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Mortgage Loan App Totals for SUFFOLK FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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