|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
USA FEDERAL CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
USA FEDERAL CREDIT UNION |
| Address | 9999 WILLOW CREEK RD.
SAN DIEGO, CA 92131 |
| 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 | $61,564,000 |
| Average Mortgage Loan Amount Applied For | $241,000 |
| Highest Mortgage Loan Amount Applied For | $975,000 |
| Average Applicant Income | $78,600 |
| Highest Applicant Income | $600,000 |
|
|
|
| Home Improvement |
7 | $1,173,000 |
$167,000 | $475,000 |
$71,000 | $116,000 |
| Home Purchase |
121 | $41,368,000 |
$341,000 | $1,900,000 |
$86,000 | $600,000 |
| Refinancing |
232 | $66,188,000 |
$285,000 | $1,034,000 |
$84,000 | $600,000 |
|
|
| American Indian or Alaskan Native |
4 | $832,000 |
$208,000 | $250,000 |
$54,000 | $63,000 |
| Asian |
42 | $15,093,000 |
$359,000 | $700,000 |
$83,000 | $222,000 |
| Black or African American |
26 | $6,970,000 |
$268,000 | $492,000 |
$60,000 | $106,000 |
| Hispanic |
69 | $23,191,000 |
$336,000 | $975,000 |
$78,000 | $600,000 |
| Native Hawaiin or Other Pacific Islander |
14 | $5,627,000 |
$401,000 | $672,000 |
$86,000 | $135,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
81 | $21,510,000 |
$265,000 | $1,900,000 |
$92,000 | $600,000 |
| White |
124 | $35,506,000 |
$286,000 | $1,034,000 |
$90,000 | $356,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
360 | $108,729,000 |
$302,000 | $1,900,000 |
$84,000 | $600,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
7 | $2,230,000 |
$318,000 | $580,000 |
$89,000 | $154,000 |
| Application Denied By Financial Institution |
134 | $46,891,000 |
$349,000 | $1,900,000 |
$77,000 | $600,000 |
| Application Withdrawn By Applicant |
54 | $15,051,000 |
$278,000 | $600,000 |
$73,000 | $168,000 |
| File Closed For Incompleteness |
20 | $7,019,000 |
$350,000 | $1,034,000 |
$117,000 | $600,000 |
| Loan Originated |
145 | $37,538,000 |
$258,000 | $930,000 |
$90,000 | $283,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
11 | $2,792,000 |
$253,000 | $434,000 |
$62,000 | $96,000 |
| Debt-To-Income Ratio |
116 | $40,331,000 |
$347,000 | $975,000 |
$75,000 | $222,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $255,000 |
$255,000 | $255,000 |
$18,000 | $18,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $3,513,000 |
$585,000 | $1,900,000 |
$168,000 | $600,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for USA FEDERAL CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
