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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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SUNRISE FAMILY CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
SUNRISE FAMILY CREDIT UNION |
| Address | 404 S. EUCLID AVE
BAY CITY, MI 48706 |
| 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 | $4,531,000 |
| Average Mortgage Loan Amount Applied For | $16,500 |
| Highest Mortgage Loan Amount Applied For | $196,000 |
| Average Applicant Income | $64,500 |
| Highest Applicant Income | $154,000 |
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| Home Improvement |
102 | $1,578,000 |
$15,000 | $100,000 |
$54,000 | $132,000 |
| Home Purchase |
7 | $545,000 |
$77,000 | $165,000 |
$93,000 | $146,000 |
| Refinancing |
66 | $2,408,000 |
$36,000 | $196,000 |
$63,000 | $154,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $129,000 |
$129,000 | $129,000 |
$85,000 | $85,000 |
| Hispanic |
7 | $81,000 |
$11,000 | $37,000 |
$42,000 | $67,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $1,000 |
$1,000 | $1,000 |
$40,000 | $40,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
166 | $4,320,000 |
$26,000 | $196,000 |
$60,000 | $154,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
175 | $4,531,000 |
$25,000 | $196,000 |
$59,000 | $154,000 |
| 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 |
1 | $40,000 |
$40,000 | $40,000 |
$86,000 | $86,000 |
| Application Denied By Financial Institution |
7 | $100,000 |
$14,000 | $57,000 |
$30,000 | $44,000 |
| Application Withdrawn By Applicant |
5 | $51,000 |
$10,000 | $20,000 |
$46,000 | $66,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
162 | $4,340,000 |
$26,000 | $196,000 |
$60,000 | $154,000 |
| 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 |
2 | $19,000 |
$9,000 | $10,000 |
$30,000 | $33,000 |
| Debt-To-Income Ratio |
4 | $24,000 |
$6,000 | $15,000 |
$32,000 | $44,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $57,000 |
$57,000 | $57,000 |
$22,000 | $22,000 |
| 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 SUNRISE FAMILY CREDIT UNION by:
Metropolitan Area And
County
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