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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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UW CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
UW CREDIT UNION |
| Address | 3500 UNIVERSITY AVE
MADISON, WI 53705 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,827 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $278,953,000 |
| Average Mortgage Loan Amount Applied For | $89,767 |
| Highest Mortgage Loan Amount Applied For | $650,000 |
| Average Applicant Income | $82,089 |
| Highest Applicant Income | $1,536,000 |
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| Home Improvement |
475 | $14,797,000 |
$31,000 | $288,000 |
$86,000 | $336,000 |
| Home Purchase |
1,243 | $195,088,000 |
$156,000 | $650,000 |
$69,000 | $372,000 |
| Refinancing |
1,281 | $95,119,000 |
$74,000 | $643,000 |
$88,000 | $1,536,000 |
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| American Indian or Alaskan Native |
10 | $1,212,000 |
$121,000 | $260,000 |
$77,000 | $167,000 |
| Asian |
106 | $15,060,000 |
$142,000 | $479,000 |
$84,000 | $255,000 |
| Black or African American |
64 | $6,600,000 |
$103,000 | $290,000 |
$66,000 | $182,000 |
| Hispanic |
75 | $8,561,000 |
$114,000 | $400,000 |
$67,000 | $228,000 |
| Native Hawaiin or Other Pacific Islander |
13 | $818,000 |
$62,000 | $220,000 |
$78,000 | $180,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
515 | $36,974,000 |
$71,000 | $581,000 |
$87,000 | $789,000 |
| White |
2,216 | $235,779,000 |
$106,000 | $650,000 |
$79,000 | $1,536,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,999 | $305,004,000 |
$101,000 | $650,000 |
$80,000 | $1,536,000 |
| 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 |
144 | $13,719,000 |
$95,000 | $354,000 |
$82,000 | $195,000 |
| Application Denied By Financial Institution |
153 | $15,776,000 |
$103,000 | $301,000 |
$65,000 | $345,000 |
| Application Withdrawn By Applicant |
239 | $24,263,000 |
$101,000 | $479,000 |
$76,000 | $315,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2,291 | $225,195,000 |
$98,000 | $650,000 |
$83,000 | $1,536,000 |
| 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 |
172 | $26,051,000 |
$151,000 | $375,000 |
$51,000 | $181,000 |
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| Collateral |
14 | $1,390,000 |
$99,000 | $238,000 |
$64,000 | $123,000 |
| Credit Application Incomplete |
1 | $134,000 |
$134,000 | $134,000 |
$22,000 | $22,000 |
| Credit History |
116 | $12,863,000 |
$110,000 | $285,000 |
$61,000 | $190,000 |
| Debt-To-Income Ratio |
174 | $24,839,000 |
$142,000 | $375,000 |
$51,000 | $185,000 |
| Employment History |
4 | $325,000 |
$81,000 | $210,000 |
$165,000 | $345,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
13 | $2,049,000 |
$157,000 | $250,000 |
$57,000 | $95,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for UW CREDIT UNION by:
Metropolitan Area And
County
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