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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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VAMCU FEDERAL CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
VAMCU FEDERAL CREDIT UNION |
| Address | 500 SOUTH FOOTHILL DRIVE
SALT LAKE CITY, UT 84148 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 58 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,459,000 |
| Average Mortgage Loan Amount Applied For | $148,500 |
| Highest Mortgage Loan Amount Applied For | $440,000 |
| Average Applicant Income | $97,000 |
| Highest Applicant Income | $269,000 |
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| Home Improvement |
11 | $488,000 |
$44,000 | $90,000 |
$99,000 | $220,000 |
| Home Purchase |
7 | $1,385,000 |
$197,000 | $440,000 |
$93,000 | $132,000 |
| Refinancing |
40 | $2,586,000 |
$64,000 | $218,000 |
$93,000 | $269,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $55,000 |
$27,000 | $30,000 |
$148,000 | $167,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
3 | $230,000 |
$76,000 | $122,000 |
$45,000 | $62,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $51,000 |
$51,000 | $51,000 |
$87,000 | $87,000 |
| White |
52 | $4,123,000 |
$79,000 | $440,000 |
$95,000 | $269,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
58 | $4,459,000 |
$76,000 | $440,000 |
$94,000 | $269,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
6 | $727,000 |
$121,000 | $440,000 |
$60,000 | $109,000 |
| Application Withdrawn By Applicant |
10 | $1,000,000 |
$100,000 | $308,000 |
$85,000 | $142,000 |
| File Closed For Incompleteness |
2 | $190,000 |
$95,000 | $189,000 |
$39,000 | $40,000 |
| Loan Originated |
40 | $2,542,000 |
$63,000 | $200,000 |
$105,000 | $269,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 VAMCU FEDERAL CREDIT UNION by:
Metropolitan Area And
County
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