|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
VIRGINIA CREDIT UNION INC.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
VIRGINIA CREDIT UNION INC. |
| Address | 7500 BOULDER VIEW DRIVE
RICHMOND, VA 23225 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,350 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $211,922,000 |
| Average Mortgage Loan Amount Applied For | $102,200 |
| Highest Mortgage Loan Amount Applied For | $850,000 |
| Average Applicant Income | $71,066 |
| Highest Applicant Income | $824,000 |
|
|
|
| Home Improvement |
1,222 | $64,715,000 |
$52,000 | $475,000 |
$69,000 | $661,000 |
| Home Purchase |
769 | $127,815,000 |
$166,000 | $584,000 |
$58,000 | $300,000 |
| Refinancing |
1,223 | $112,380,000 |
$91,000 | $850,000 |
$72,000 | $824,000 |
|
|
| American Indian or Alaskan Native |
18 | $1,604,000 |
$89,000 | $208,000 |
$75,000 | $145,000 |
| Asian |
59 | $8,503,000 |
$144,000 | $476,000 |
$74,000 | $170,000 |
| Black or African American |
859 | $83,592,000 |
$97,000 | $850,000 |
$56,000 | $824,000 |
| Hispanic |
74 | $8,793,000 |
$118,000 | $475,000 |
$62,000 | $196,000 |
| Native Hawaiin or Other Pacific Islander |
14 | $1,253,000 |
$89,000 | $300,000 |
$80,000 | $156,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
450 | $38,084,000 |
$84,000 | $400,000 |
$69,000 | $212,000 |
| White |
1,740 | $163,081,000 |
$93,000 | $650,000 |
$72,000 | $770,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,162 | $296,321,000 |
$93,000 | $850,000 |
$68,000 | $824,000 |
| FHA-insured (Federal Housing Administration) |
34 | $5,033,000 |
$148,000 | $203,000 |
$47,000 | $97,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
18 | $3,556,000 |
$197,000 | $336,000 |
$59,000 | $181,000 |
|
|
| Application Approved But Not Accepted |
374 | $20,047,000 |
$53,000 | $269,000 |
$73,000 | $250,000 |
| Application Denied By Financial Institution |
506 | $46,817,000 |
$92,000 | $850,000 |
$55,000 | $360,000 |
| Application Withdrawn By Applicant |
83 | $9,793,000 |
$117,000 | $650,000 |
$88,000 | $770,000 |
| File Closed For Incompleteness |
193 | $32,494,000 |
$168,000 | $476,000 |
$64,000 | $180,000 |
| Loan Originated |
1,736 | $144,173,000 |
$83,000 | $584,000 |
$73,000 | $824,000 |
| 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 |
322 | $51,586,000 |
$160,000 | $558,000 |
$45,000 | $211,000 |
|
|
| 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 |
|
Mortgage Loan App Totals for VIRGINIA CREDIT UNION INC. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
