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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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WESTCONSIN CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
WESTCONSIN CREDIT UNION |
| Address | 444 BROADWAY
MENOMONIE, WI 54751 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,010 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $105,914,000 |
| Average Mortgage Loan Amount Applied For | $113,739 |
| Highest Mortgage Loan Amount Applied For | $708,000 |
| Average Applicant Income | $57,913 |
| Highest Applicant Income | $1,566,000 |
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| Home Improvement |
5 | $564,000 |
$112,000 | $214,000 |
$83,000 | $130,000 |
| Home Purchase |
363 | $44,322,000 |
$122,000 | $355,000 |
$55,000 | $225,000 |
| Refinancing |
657 | $63,084,000 |
$96,000 | $708,000 |
$62,000 | $1,566,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
10 | $1,112,000 |
$111,000 | $286,000 |
$32,000 | $90,000 |
| Black or African American |
2 | $180,000 |
$90,000 | $144,000 |
$70,000 | $70,000 |
| Hispanic |
8 | $655,000 |
$81,000 | $214,000 |
$67,000 | $89,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $51,000 |
$51,000 | $51,000 |
$0 | $0 |
| Not Provided |
36 | $4,594,000 |
$127,000 | $320,000 |
$108,000 | $1,566,000 |
| White |
968 | $101,378,000 |
$104,000 | $708,000 |
$58,000 | $510,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,025 | $107,970,000 |
$105,000 | $708,000 |
$60,000 | $1,566,000 |
| 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 |
1 | $12,000 |
$12,000 | $12,000 |
$39,000 | $39,000 |
| Application Denied By Financial Institution |
83 | $9,804,000 |
$118,000 | $342,000 |
$67,000 | $1,566,000 |
| Application Withdrawn By Applicant |
172 | $20,865,000 |
$121,000 | $360,000 |
$56,000 | $510,000 |
| File Closed For Incompleteness |
15 | $1,367,000 |
$91,000 | $246,000 |
$49,000 | $130,000 |
| Loan Originated |
754 | $75,922,000 |
$100,000 | $708,000 |
$60,000 | $491,000 |
| 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 |
7 | $910,000 |
$130,000 | $225,000 |
$55,000 | $75,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
31 | $3,523,000 |
$113,000 | $266,000 |
$55,000 | $208,000 |
| Debt-To-Income Ratio |
14 | $1,832,000 |
$130,000 | $323,000 |
$41,000 | $85,000 |
| Employment History |
4 | $676,000 |
$169,000 | $286,000 |
$57,000 | $78,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $172,000 |
$86,000 | $90,000 |
$31,000 | $31,000 |
| Unverifiable Information |
1 | $99,000 |
$99,000 | $99,000 |
$16,000 | $16,000 |
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Mortgage Loan App Totals for WESTCONSIN CREDIT UNION by:
Metropolitan Area And
County
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