|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
TYNDALL FEDERAL CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
TYNDALL FEDERAL CREDIT UNION |
| Address | P.O. DRAWER 59760
PANAMA CITY, FL 32412 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,978 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $138,309,000 |
| Average Mortgage Loan Amount Applied For | $72,704 |
| Highest Mortgage Loan Amount Applied For | $650,000 |
| Average Applicant Income | $84,571 |
| Highest Applicant Income | $713,000 |
|
|
|
| Home Improvement |
660 | $35,234,000 |
$53,000 | $340,000 |
$69,000 | $274,000 |
| Home Purchase |
260 | $25,809,000 |
$99,000 | $429,000 |
$60,000 | $220,000 |
| Refinancing |
1,199 | $87,199,000 |
$72,000 | $650,000 |
$68,000 | $713,000 |
|
|
| American Indian or Alaskan Native |
11 | $972,000 |
$88,000 | $192,000 |
$77,000 | $147,000 |
| Asian |
33 | $2,311,000 |
$70,000 | $199,000 |
$62,000 | $290,000 |
| Black or African American |
113 | $8,453,000 |
$74,000 | $368,000 |
$57,000 | $165,000 |
| Hispanic |
34 | $2,544,000 |
$74,000 | $246,000 |
$53,000 | $131,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $528,000 |
$105,000 | $225,000 |
$63,000 | $105,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
338 | $20,183,000 |
$59,000 | $300,000 |
$61,000 | $220,000 |
| White |
1,585 | $113,251,000 |
$71,000 | $650,000 |
$70,000 | $713,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,096 | $143,839,000 |
$68,000 | $650,000 |
$67,000 | $713,000 |
| 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) |
23 | $4,403,000 |
$191,000 | $315,000 |
$63,000 | $86,000 |
|
|
| Application Approved But Not Accepted |
5 | $691,000 |
$138,000 | $259,000 |
$51,000 | $77,000 |
| Application Denied By Financial Institution |
242 | $15,365,000 |
$63,000 | $350,000 |
$47,000 | $137,000 |
| Application Withdrawn By Applicant |
398 | $32,660,000 |
$82,000 | $650,000 |
$68,000 | $425,000 |
| File Closed For Incompleteness |
152 | $8,526,000 |
$56,000 | $200,000 |
$66,000 | $205,000 |
| Loan Originated |
1,322 | $91,000,000 |
$68,000 | $417,000 |
$71,000 | $713,000 |
| 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 |
|
|
| Collateral |
25 | $1,427,000 |
$57,000 | $263,000 |
$72,000 | $136,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
87 | $5,347,000 |
$61,000 | $350,000 |
$46,000 | $117,000 |
| Debt-To-Income Ratio |
115 | $7,626,000 |
$66,000 | $244,000 |
$43,000 | $137,000 |
| Employment History |
11 | $554,000 |
$50,000 | $101,000 |
$38,000 | $58,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $20,000 |
$20,000 | $20,000 |
$18,000 | $18,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $376,000 |
$188,000 | $198,000 |
$81,000 | $92,000 |
| Unverifiable Information |
1 | $15,000 |
$15,000 | $15,000 |
$79,000 | $79,000 |
|
Mortgage Loan App Totals for TYNDALL FEDERAL CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
