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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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TLC COMMUNITY CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
TLC COMMUNITY CREDIT UNION |
| Address | 3030 S. ADRIAN HWY.
ADRIAN, MI 49221 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 277 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $22,720,000 |
| Average Mortgage Loan Amount Applied For | $68,125 |
| Highest Mortgage Loan Amount Applied For | $500,000 |
| Average Applicant Income | $93,750 |
| Highest Applicant Income | $1,512,000 |
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| Home Improvement |
51 | $692,000 |
$13,000 | $199,000 |
$505,000 | $1,512,000 |
| Home Purchase |
81 | $7,494,000 |
$92,000 | $500,000 |
$52,000 | $242,000 |
| Refinancing |
145 | $14,534,000 |
$100,000 | $340,000 |
$53,000 | $169,000 |
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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 | $80,000 |
$80,000 | $80,000 |
$68,000 | $68,000 |
| Hispanic |
11 | $529,000 |
$48,000 | $100,000 |
$113,000 | $852,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
5 | $367,000 |
$73,000 | $169,000 |
$78,000 | $312,000 |
| White |
260 | $21,744,000 |
$83,000 | $500,000 |
$139,000 | $1,512,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
276 | $22,713,000 |
$82,000 | $500,000 |
$136,000 | $1,512,000 |
| FHA-insured (Federal Housing Administration) |
1 | $7,000 |
$7,000 | $7,000 |
$288,000 | $288,000 |
| 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 |
3 | $385,000 |
$128,000 | $169,000 |
$70,000 | $92,000 |
| Application Denied By Financial Institution |
29 | $2,552,000 |
$88,000 | $280,000 |
$28,000 | $93,000 |
| Application Withdrawn By Applicant |
17 | $1,866,000 |
$109,000 | $272,000 |
$49,000 | $97,000 |
| File Closed For Incompleteness |
1 | $84,000 |
$84,000 | $84,000 |
$10,000 | $10,000 |
| Loan Originated |
227 | $17,833,000 |
$78,000 | $500,000 |
$158,000 | $1,512,000 |
| 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 |
1 | $32,000 |
$32,000 | $32,000 |
$20,000 | $20,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $257,000 |
$64,000 | $94,000 |
$34,000 | $50,000 |
| Debt-To-Income Ratio |
4 | $373,000 |
$93,000 | $132,000 |
$21,000 | $34,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for TLC COMMUNITY CREDIT UNION by:
Metropolitan Area And
County
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