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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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TRUCHOICE FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
TRUCHOICE FEDERAL CREDIT UNION |
| Address | 272 PARK AVE
PORTLAND, ME 04102 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 217 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,320,000 |
| Average Mortgage Loan Amount Applied For | $35,875 |
| Highest Mortgage Loan Amount Applied For | $584,000 |
| Average Applicant Income | $77,250 |
| Highest Applicant Income | $429,000 |
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| Home Improvement |
208 | $8,799,000 |
$42,000 | $213,000 |
$78,000 | $429,000 |
| Home Purchase |
6 | $1,150,000 |
$191,000 | $584,000 |
$80,000 | $175,000 |
| Refinancing |
3 | $371,000 |
$123,000 | $160,000 |
$51,000 | $60,000 |
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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 |
2 | $36,000 |
$18,000 | $21,000 |
$42,000 | $42,000 |
| Hispanic |
1 | $20,000 |
$20,000 | $20,000 |
$66,000 | $66,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
214 | $10,264,000 |
$47,000 | $584,000 |
$78,000 | $429,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
217 | $10,320,000 |
$47,000 | $584,000 |
$77,000 | $429,000 |
| 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 |
1 | $100,000 |
$100,000 | $100,000 |
$64,000 | $64,000 |
| Application Denied By Financial Institution |
7 | $425,000 |
$60,000 | $101,000 |
$76,000 | $117,000 |
| Application Withdrawn By Applicant |
5 | $845,000 |
$169,000 | $584,000 |
$108,000 | $175,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
204 | $8,950,000 |
$43,000 | $357,000 |
$77,000 | $429,000 |
| 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 | $130,000 |
$43,000 | $100,000 |
$78,000 | $117,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $55,000 |
$55,000 | $55,000 |
$82,000 | $82,000 |
| Debt-To-Income Ratio |
3 | $240,000 |
$80,000 | $101,000 |
$71,000 | $114,000 |
| 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 TRUCHOICE FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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