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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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TROPICAL FINANCIAL CREDIT UNIO
Mortgage Loans and Application Details
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| Mortgage Company Name |
TROPICAL FINANCIAL CREDIT UNIO |
| Address | 3050 CORPORATE WAY
MIRAMAR, FL 33025 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 226 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $38,853,000 |
| Average Mortgage Loan Amount Applied For | $168,450 |
| Highest Mortgage Loan Amount Applied For | $468,000 |
| Average Applicant Income | $63,000 |
| Highest Applicant Income | $478,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
28 | $4,494,000 |
$160,000 | $399,000 |
$68,000 | $182,000 |
| Refinancing |
198 | $34,359,000 |
$173,000 | $468,000 |
$76,000 | $478,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $575,000 |
$287,000 | $325,000 |
$109,000 | $118,000 |
| Black or African American |
39 | $6,986,000 |
$179,000 | $414,000 |
$70,000 | $166,000 |
| Hispanic |
63 | $11,277,000 |
$179,000 | $468,000 |
$90,000 | $478,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $339,000 |
$169,000 | $210,000 |
$44,000 | $57,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
7 | $846,000 |
$120,000 | $196,000 |
$52,000 | $83,000 |
| White |
113 | $18,830,000 |
$166,000 | $460,000 |
$71,000 | $253,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
226 | $38,853,000 |
$171,000 | $468,000 |
$75,000 | $478,000 |
| 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 |
8 | $1,359,000 |
$169,000 | $290,000 |
$78,000 | $99,000 |
| Application Denied By Financial Institution |
23 | $4,039,000 |
$175,000 | $468,000 |
$75,000 | $253,000 |
| Application Withdrawn By Applicant |
20 | $3,564,000 |
$178,000 | $350,000 |
$89,000 | $478,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
175 | $29,891,000 |
$170,000 | $417,000 |
$74,000 | $281,000 |
| 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 |
3 | $366,000 |
$122,000 | $162,000 |
$58,000 | $90,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
11 | $1,799,000 |
$163,000 | $460,000 |
$92,000 | $253,000 |
| Debt-To-Income Ratio |
8 | $1,715,000 |
$214,000 | $468,000 |
$63,000 | $181,000 |
| 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 TROPICAL FINANCIAL CREDIT UNIO by:
Metropolitan Area And
County
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