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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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TELCOE FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
TELCOE FEDERAL CREDIT UNION |
| Address | 820 LOUISIANA ST
LITTLE ROCK, AR 72201 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 131 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $13,586,000 |
| Average Mortgage Loan Amount Applied For | $82,000 |
| Highest Mortgage Loan Amount Applied For | $591,000 |
| Average Applicant Income | $59,166 |
| Highest Applicant Income | $193,000 |
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| Home Improvement |
20 | $392,000 |
$19,000 | $184,000 |
$59,000 | $109,000 |
| Home Purchase |
85 | $11,724,000 |
$137,000 | $591,000 |
$75,000 | $300,000 |
| Refinancing |
105 | $9,018,000 |
$85,000 | $591,000 |
$57,000 | $206,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $130,000 |
$65,000 | $105,000 |
$52,000 | $60,000 |
| Black or African American |
35 | $3,311,000 |
$94,000 | $270,000 |
$56,000 | $132,000 |
| Hispanic |
2 | $50,000 |
$25,000 | $25,000 |
$91,000 | $125,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $6,000 |
$6,000 | $6,000 |
$25,000 | $25,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
12 | $1,210,000 |
$100,000 | $326,000 |
$64,000 | $185,000 |
| White |
158 | $16,427,000 |
$103,000 | $591,000 |
$67,000 | $300,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
186 | $20,352,000 |
$109,000 | $591,000 |
$65,000 | $300,000 |
| FHA-insured (Federal Housing Administration) |
24 | $782,000 |
$32,000 | $133,000 |
$59,000 | $125,000 |
| 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 |
2 | $351,000 |
$175,000 | $194,000 |
$85,000 | $100,000 |
| Application Denied By Financial Institution |
18 | $1,203,000 |
$66,000 | $270,000 |
$48,000 | $80,000 |
| Application Withdrawn By Applicant |
12 | $1,484,000 |
$123,000 | $313,000 |
$62,000 | $103,000 |
| File Closed For Incompleteness |
1 | $49,000 |
$49,000 | $49,000 |
$25,000 | $25,000 |
| Loan Originated |
177 | $18,047,000 |
$101,000 | $591,000 |
$67,000 | $300,000 |
| 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 |
3 | $418,000 |
$139,000 | $270,000 |
$57,000 | $72,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
10 | $658,000 |
$65,000 | $120,000 |
$48,000 | $80,000 |
| Debt-To-Income Ratio |
3 | $106,000 |
$35,000 | $65,000 |
$45,000 | $52,000 |
| Employment History |
1 | $15,000 |
$15,000 | $15,000 |
$46,000 | $46,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $6,000 |
$6,000 | $6,000 |
$25,000 | $25,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for TELCOE FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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