|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
TEXAR FEDERAL CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
TEXAR FEDERAL CREDIT UNION |
| Address | 2301 RICHMOND RD.
TEXARKANA, TX 75503 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 268 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,501,000 |
| Average Mortgage Loan Amount Applied For | $67,000 |
| Highest Mortgage Loan Amount Applied For | $286,000 |
| Average Applicant Income | $69,333 |
| Highest Applicant Income | $900,000 |
|
|
|
| Home Improvement |
14 | $525,000 |
$37,000 | $104,000 |
$122,000 | $900,000 |
| Home Purchase |
129 | $8,958,000 |
$69,000 | $286,000 |
$58,000 | $296,000 |
| Refinancing |
125 | $7,018,000 |
$56,000 | $259,000 |
$61,000 | $220,000 |
|
|
| American Indian or Alaskan Native |
1 | $59,000 |
$59,000 | $59,000 |
$46,000 | $46,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
28 | $1,303,000 |
$46,000 | $259,000 |
$52,000 | $155,000 |
| Hispanic |
7 | $190,000 |
$27,000 | $70,000 |
$39,000 | $77,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $174,000 |
$87,000 | $130,000 |
$37,000 | $50,000 |
| White |
230 | $14,775,000 |
$64,000 | $286,000 |
$65,000 | $900,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
267 | $16,421,000 |
$61,000 | $286,000 |
$63,000 | $900,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $80,000 |
$80,000 | $80,000 |
$71,000 | $71,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Application Approved But Not Accepted |
6 | $296,000 |
$49,000 | $80,000 |
$49,000 | $65,000 |
| Application Denied By Financial Institution |
24 | $1,170,000 |
$48,000 | $135,000 |
$36,000 | $62,000 |
| Application Withdrawn By Applicant |
17 | $818,000 |
$48,000 | $120,000 |
$64,000 | $220,000 |
| File Closed For Incompleteness |
4 | $348,000 |
$87,000 | $204,000 |
$71,000 | $110,000 |
| Loan Originated |
217 | $13,869,000 |
$63,000 | $286,000 |
$66,000 | $900,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
11 | $316,000 |
$28,000 | $70,000 |
$34,000 | $49,000 |
| Debt-To-Income Ratio |
6 | $497,000 |
$82,000 | $135,000 |
$35,000 | $55,000 |
| Employment History |
3 | $165,000 |
$55,000 | $70,000 |
$31,000 | $37,000 |
| 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 |
3 | $175,000 |
$58,000 | $130,000 |
$52,000 | $62,000 |
|
Mortgage Loan App Totals for TEXAR FEDERAL CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
