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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 GOLDEN 1 CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE GOLDEN 1 CREDIT UNION |
| Address | 8945 CAL CENTER DRIVE
SACRAMENTO, CA 95826 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 12,523 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,107,482,000 |
| Average Mortgage Loan Amount Applied For | $89,933 |
| Highest Mortgage Loan Amount Applied For | $1,043,000 |
| Average Applicant Income | $94,716 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
7,224 | $432,111,000 |
$59,000 | $1,043,000 |
$97,000 | $5,320,000 |
| Home Purchase |
549 | $99,282,000 |
$180,000 | $700,000 |
$101,000 | $3,120,000 |
| Refinancing |
4,792 | $579,410,000 |
$120,000 | $917,000 |
$96,000 | $9,999,000 |
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| American Indian or Alaskan Native |
73 | $7,163,000 |
$98,000 | $444,000 |
$93,000 | $905,000 |
| Asian |
642 | $69,528,000 |
$108,000 | $715,000 |
$120,000 | $5,320,000 |
| Black or African American |
384 | $43,400,000 |
$113,000 | $683,000 |
$93,000 | $3,120,000 |
| Hispanic |
1,393 | $116,525,000 |
$83,000 | $680,000 |
$80,000 | $1,950,000 |
| Native Hawaiin or Other Pacific Islander |
122 | $11,016,000 |
$90,000 | $575,000 |
$96,000 | $682,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
5,217 | $463,736,000 |
$88,000 | $1,043,000 |
$93,000 | $9,999,000 |
| White |
4,734 | $399,435,000 |
$84,000 | $850,000 |
$104,000 | $5,026,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
12,539 | $1,108,817,000 |
$88,000 | $1,043,000 |
$97,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
16 | $1,024,000 |
$64,000 | $150,000 |
$119,000 | $622,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
10 | $962,000 |
$96,000 | $280,000 |
$63,000 | $115,000 |
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| Application Approved But Not Accepted |
973 | $139,754,000 |
$143,000 | $917,000 |
$92,000 | $1,224,000 |
| Application Denied By Financial Institution |
3,085 | $273,299,000 |
$88,000 | $1,043,000 |
$84,000 | $5,026,000 |
| Application Withdrawn By Applicant |
552 | $67,944,000 |
$123,000 | $760,000 |
$107,000 | $5,320,000 |
| File Closed For Incompleteness |
2 | $220,000 |
$110,000 | $120,000 |
$69,000 | $90,000 |
| Loan Originated |
7,945 | $627,406,000 |
$78,000 | $850,000 |
$102,000 | $9,999,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
6 | $1,667,000 |
$277,000 | $417,000 |
$127,000 | $243,000 |
| Preapproval Denied by Financial Institution |
2 | $513,000 |
$256,000 | $319,000 |
$52,000 | $65,000 |
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| Collateral |
11 | $1,888,000 |
$171,000 | $423,000 |
$91,000 | $240,000 |
| Credit Application Incomplete |
3 | $324,000 |
$108,000 | $200,000 |
$104,000 | $220,000 |
| Credit History |
209 | $22,182,000 |
$106,000 | $610,000 |
$84,000 | $1,680,000 |
| Debt-To-Income Ratio |
197 | $38,000,000 |
$192,000 | $1,043,000 |
$70,000 | $248,000 |
| Employment History |
33 | $2,230,000 |
$67,000 | $152,000 |
$67,000 | $182,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $1,422,000 |
$284,000 | $500,000 |
$154,000 | $312,000 |
| Unverifiable Information |
8 | $776,000 |
$97,000 | $225,000 |
$95,000 | $401,000 |
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Mortgage Loan App Totals for THE GOLDEN 1 CREDIT UNION by:
Metropolitan Area And
County
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