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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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TOYOTA FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
TOYOTA FEDERAL CREDIT UNION |
| Address | 19001 S WESTERN AVENUE, T206
TORRANCE, CA 90501 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,390 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $212,036,000 |
| Average Mortgage Loan Amount Applied For | $139,314 |
| Highest Mortgage Loan Amount Applied For | $1,820,000 |
| Average Applicant Income | $102,485 |
| Highest Applicant Income | $1,076,000 |
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| Home Improvement |
290 | $14,413,000 |
$49,000 | $581,000 |
$81,000 | $310,000 |
| Home Purchase |
586 | $123,219,000 |
$210,000 | $1,820,000 |
$97,000 | $556,000 |
| Refinancing |
626 | $93,962,000 |
$150,000 | $1,500,000 |
$125,000 | $1,076,000 |
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| American Indian or Alaskan Native |
3 | $617,000 |
$205,000 | $322,000 |
$91,000 | $141,000 |
| Asian |
81 | $14,174,000 |
$174,000 | $640,000 |
$130,000 | $479,000 |
| Black or African American |
66 | $10,533,000 |
$159,000 | $1,280,000 |
$102,000 | $378,000 |
| Hispanic |
143 | $24,447,000 |
$170,000 | $970,000 |
$103,000 | $674,000 |
| Native Hawaiin or Other Pacific Islander |
14 | $2,412,000 |
$172,000 | $663,000 |
$151,000 | $454,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
242 | $35,779,000 |
$147,000 | $1,500,000 |
$97,000 | $597,000 |
| White |
953 | $143,632,000 |
$150,000 | $1,820,000 |
$105,000 | $1,076,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,500 | $231,359,000 |
$154,000 | $1,820,000 |
$105,000 | $1,076,000 |
| FHA-insured (Federal Housing Administration) |
1 | $145,000 |
$145,000 | $145,000 |
$58,000 | $58,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $90,000 |
$90,000 | $90,000 |
$70,000 | $70,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
42 | $4,407,000 |
$104,000 | $613,000 |
$76,000 | $136,000 |
| Application Withdrawn By Applicant |
363 | $56,787,000 |
$156,000 | $1,100,000 |
$92,000 | $597,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,097 | $170,400,000 |
$155,000 | $1,820,000 |
$111,000 | $1,076,000 |
| 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 |
9 | $1,128,000 |
$125,000 | $613,000 |
$78,000 | $136,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
10 | $835,000 |
$83,000 | $376,000 |
$69,000 | $109,000 |
| Debt-To-Income Ratio |
7 | $1,446,000 |
$206,000 | $496,000 |
$89,000 | $124,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
7 | $519,000 |
$74,000 | $148,000 |
$80,000 | $120,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $261,000 |
$130,000 | $246,000 |
$85,000 | $90,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for TOYOTA FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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