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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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VANTAGE WEST CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
VANTAGE WEST CREDIT UNION |
| Address | PO BOX 15115
TUCSON, AZ 85708 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 838 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $66,700,000 |
| Average Mortgage Loan Amount Applied For | $86,400 |
| Highest Mortgage Loan Amount Applied For | $630,000 |
| Average Applicant Income | $76,400 |
| Highest Applicant Income | $327,000 |
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| Home Improvement |
606 | $29,580,000 |
$48,000 | $330,000 |
$69,000 | $327,000 |
| Home Purchase |
249 | $40,305,000 |
$161,000 | $495,000 |
$60,000 | $223,000 |
| Refinancing |
201 | $29,842,000 |
$148,000 | $630,000 |
$61,000 | $249,000 |
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| American Indian or Alaskan Native |
7 | $918,000 |
$131,000 | $268,000 |
$69,000 | $111,000 |
| Asian |
17 | $2,255,000 |
$132,000 | $248,000 |
$58,000 | $125,000 |
| Black or African American |
32 | $4,877,000 |
$152,000 | $405,000 |
$70,000 | $174,000 |
| Hispanic |
220 | $22,323,000 |
$101,000 | $330,000 |
$58,000 | $253,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $493,000 |
$164,000 | $200,000 |
$56,000 | $81,000 |
| Not applicable |
2 | $770,000 |
$385,000 | $630,000 |
$0 | $0 |
| Not Provided |
214 | $13,649,000 |
$63,000 | $431,000 |
$62,000 | $249,000 |
| White |
561 | $54,442,000 |
$97,000 | $495,000 |
$70,000 | $327,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,034 | $95,776,000 |
$92,000 | $630,000 |
$65,000 | $327,000 |
| 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) |
22 | $3,951,000 |
$179,000 | $362,000 |
$60,000 | $138,000 |
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| Application Approved But Not Accepted |
214 | $27,765,000 |
$129,000 | $452,000 |
$64,000 | $223,000 |
| Application Denied By Financial Institution |
238 | $26,703,000 |
$112,000 | $416,000 |
$55,000 | $221,000 |
| Application Withdrawn By Applicant |
54 | $7,861,000 |
$145,000 | $380,000 |
$60,000 | $172,000 |
| File Closed For Incompleteness |
60 | $9,621,000 |
$160,000 | $431,000 |
$64,000 | $249,000 |
| Loan Originated |
490 | $27,777,000 |
$56,000 | $630,000 |
$72,000 | $327,000 |
| 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 |
11 | $1,510,000 |
$137,000 | $222,000 |
$48,000 | $67,000 |
| Credit Application Incomplete |
1 | $200,000 |
$200,000 | $200,000 |
$55,000 | $55,000 |
| Credit History |
80 | $12,759,000 |
$159,000 | $416,000 |
$57,000 | $192,000 |
| Debt-To-Income Ratio |
34 | $5,106,000 |
$150,000 | $296,000 |
$44,000 | $85,000 |
| Employment History |
2 | $262,000 |
$131,000 | $159,000 |
$46,000 | $64,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
10 | $1,756,000 |
$175,000 | $261,000 |
$55,000 | $138,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $971,000 |
$161,000 | $250,000 |
$81,000 | $136,000 |
| Unverifiable Information |
2 | $292,000 |
$146,000 | $153,000 |
$106,000 | $157,000 |
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Mortgage Loan App Totals for VANTAGE WEST CREDIT UNION by:
Metropolitan Area And
County
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