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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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THE FAMILY CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE FAMILY CREDIT UNION |
| Address | 1530 WEST 53RD STREET
DAVENPORT, IA 52806 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 90 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,179,000 |
| Average Mortgage Loan Amount Applied For | $75,222 |
| Highest Mortgage Loan Amount Applied For | $232,000 |
| Average Applicant Income | $52,000 |
| Highest Applicant Income | $117,000 |
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| Home Improvement |
3 | $135,000 |
$45,000 | $110,000 |
$40,000 | $65,000 |
| Home Purchase |
44 | $3,373,000 |
$76,000 | $362,000 |
$40,000 | $134,000 |
| Refinancing |
55 | $4,836,000 |
$87,000 | $195,000 |
$55,000 | $117,000 |
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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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
22 | $1,490,000 |
$67,000 | $151,000 |
$44,000 | $71,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
78 | $6,702,000 |
$85,000 | $362,000 |
$49,000 | $134,000 |
| White |
2 | $152,000 |
$76,000 | $98,000 |
$37,000 | $38,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
102 | $8,344,000 |
$81,000 | $362,000 |
$48,000 | $134,000 |
| 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 |
11 | $1,461,000 |
$132,000 | $362,000 |
$56,000 | $134,000 |
| Application Denied By Financial Institution |
23 | $1,739,000 |
$75,000 | $176,000 |
$41,000 | $99,000 |
| Application Withdrawn By Applicant |
8 | $707,000 |
$88,000 | $130,000 |
$52,000 | $67,000 |
| File Closed For Incompleteness |
5 | $300,000 |
$60,000 | $88,000 |
$49,000 | $91,000 |
| Loan Originated |
55 | $4,137,000 |
$75,000 | $195,000 |
$49,000 | $117,000 |
| 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 |
16 | $1,149,000 |
$71,000 | $118,000 |
$43,000 | $99,000 |
| Debt-To-Income Ratio |
5 | $452,000 |
$90,000 | $176,000 |
$34,000 | $60,000 |
| 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 |
2 | $138,000 |
$69,000 | $88,000 |
$42,000 | $61,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE FAMILY CREDIT UNION by:
Metropolitan Area And
County
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