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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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TOPLINE FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
TOPLINE FEDERAL CREDIT UNION |
| Address | 9353 JEFFERSON HIGHWAY
MAPLE GROVE, MN 55369 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 389 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $41,947,000 |
| Average Mortgage Loan Amount Applied For | $112,178 |
| Highest Mortgage Loan Amount Applied For | $1,260,000 |
| Average Applicant Income | $81,821 |
| Highest Applicant Income | $1,080,000 |
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| Home Improvement |
96 | $3,835,000 |
$39,000 | $360,000 |
$74,000 | $235,000 |
| Home Purchase |
86 | $18,200,000 |
$211,000 | $1,260,000 |
$88,000 | $1,080,000 |
| Refinancing |
247 | $27,890,000 |
$112,000 | $1,040,000 |
$73,000 | $200,000 |
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| American Indian or Alaskan Native |
2 | $390,000 |
$195,000 | $200,000 |
$67,000 | $84,000 |
| Asian |
7 | $1,271,000 |
$181,000 | $320,000 |
$74,000 | $165,000 |
| Black or African American |
16 | $2,334,000 |
$145,000 | $243,000 |
$62,000 | $127,000 |
| Hispanic |
3 | $700,000 |
$233,000 | $390,000 |
$110,000 | $147,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
44 | $8,311,000 |
$188,000 | $1,040,000 |
$83,000 | $1,080,000 |
| White |
357 | $36,919,000 |
$103,000 | $1,260,000 |
$76,000 | $339,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
427 | $49,637,000 |
$116,000 | $1,260,000 |
$76,000 | $1,080,000 |
| FHA-insured (Federal Housing Administration) |
2 | $288,000 |
$144,000 | $239,000 |
$55,000 | $61,000 |
| 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 |
77 | $12,851,000 |
$166,000 | $400,000 |
$85,000 | $1,080,000 |
| Application Denied By Financial Institution |
50 | $9,996,000 |
$199,000 | $1,040,000 |
$61,000 | $180,000 |
| Application Withdrawn By Applicant |
19 | $4,092,000 |
$215,000 | $1,260,000 |
$78,000 | $339,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
283 | $22,986,000 |
$81,000 | $558,000 |
$76,000 | $235,000 |
| 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 |
8 | $897,000 |
$112,000 | $340,000 |
$58,000 | $144,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $1,154,000 |
$192,000 | $254,000 |
$36,000 | $85,000 |
| Debt-To-Income Ratio |
3 | $1,420,000 |
$473,000 | $1,040,000 |
$108,000 | $180,000 |
| 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 |
1 | $50,000 |
$50,000 | $50,000 |
$29,000 | $29,000 |
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Mortgage Loan App Totals for TOPLINE FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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