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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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VYSTAR CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
VYSTAR CREDIT UNION |
| Address | 4949 BLANDING BLVD
JACKSONVILLE, FL 32210 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 6,550 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $547,884,000 |
| Average Mortgage Loan Amount Applied For | $99,326 |
| Highest Mortgage Loan Amount Applied For | $3,204,000 |
| Average Applicant Income | $71,959 |
| Highest Applicant Income | $1,500,000 |
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| Home Improvement |
1,679 | $81,781,000 |
$48,000 | $400,000 |
$75,000 | $1,500,000 |
| Home Purchase |
654 | $97,870,000 |
$149,000 | $3,000,000 |
$63,000 | $612,000 |
| Refinancing |
4,217 | $368,233,000 |
$87,000 | $3,204,000 |
$68,000 | $781,000 |
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| American Indian or Alaskan Native |
16 | $1,442,000 |
$90,000 | $350,000 |
$78,000 | $340,000 |
| Asian |
92 | $13,197,000 |
$143,000 | $3,000,000 |
$73,000 | $580,000 |
| Black or African American |
276 | $31,321,000 |
$113,000 | $584,000 |
$59,000 | $191,000 |
| Hispanic |
89 | $8,674,000 |
$97,000 | $640,000 |
$62,000 | $240,000 |
| Native Hawaiin or Other Pacific Islander |
12 | $1,247,000 |
$103,000 | $193,000 |
$68,000 | $155,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3,915 | $258,184,000 |
$65,000 | $1,240,000 |
$71,000 | $1,424,000 |
| White |
2,150 | $233,819,000 |
$108,000 | $3,204,000 |
$68,000 | $1,500,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,537 | $546,945,000 |
$83,000 | $3,204,000 |
$70,000 | $1,500,000 |
| FHA-insured (Federal Housing Administration) |
10 | $700,000 |
$70,000 | $165,000 |
$75,000 | $160,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $239,000 |
$79,000 | $145,000 |
$71,000 | $75,000 |
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| Application Approved But Not Accepted |
205 | $22,517,000 |
$109,000 | $3,000,000 |
$69,000 | $362,000 |
| Application Denied By Financial Institution |
890 | $102,247,000 |
$114,000 | $750,000 |
$57,000 | $781,000 |
| Application Withdrawn By Applicant |
633 | $57,440,000 |
$90,000 | $1,240,000 |
$72,000 | $460,000 |
| File Closed For Incompleteness |
293 | $25,572,000 |
$87,000 | $3,204,000 |
$72,000 | $612,000 |
| Loan Originated |
4,529 | $340,108,000 |
$75,000 | $1,000,000 |
$72,000 | $1,500,000 |
| 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 |
191 | $14,653,000 |
$76,000 | $651,000 |
$68,000 | $580,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
371 | $48,666,000 |
$131,000 | $750,000 |
$59,000 | $781,000 |
| Debt-To-Income Ratio |
227 | $28,550,000 |
$125,000 | $540,000 |
$44,000 | $218,000 |
| Employment History |
10 | $1,135,000 |
$113,000 | $257,000 |
$85,000 | $226,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
23 | $3,257,000 |
$141,000 | $293,000 |
$47,000 | $120,000 |
| Mortgage Insurance Denied |
1 | $209,000 |
$209,000 | $209,000 |
$150,000 | $150,000 |
| Other |
41 | $3,564,000 |
$86,000 | $415,000 |
$62,000 | $225,000 |
| Unverifiable Information |
20 | $1,832,000 |
$91,000 | $362,000 |
$70,000 | $200,000 |
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Mortgage Loan App Totals for VYSTAR CREDIT UNION by:
Metropolitan Area And
County
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