|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
WINSTON-SALEM CITY EMPLOYEES
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
WINSTON-SALEM CITY EMPLOYEES |
| Address | 711 E SALEM AVE P O BOX 2511
WINSTON-SALEM, NC 27101 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 77 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,692,000 |
| Average Mortgage Loan Amount Applied For | $26,750 |
| Highest Mortgage Loan Amount Applied For | $200,000 |
| Average Applicant Income | $51,750 |
| Highest Applicant Income | $221,000 |
|
|
|
| Home Improvement |
17 | $603,000 |
$35,000 | $125,000 |
$56,000 | $101,000 |
| Home Purchase |
2 | $45,000 |
$22,000 | $25,000 |
$41,000 | $59,000 |
| Refinancing |
58 | $3,044,000 |
$52,000 | $200,000 |
$60,000 | $221,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
34 | $1,456,000 |
$42,000 | $154,000 |
$55,000 | $221,000 |
| Hispanic |
2 | $95,000 |
$47,000 | $50,000 |
$38,000 | $41,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
41 | $2,141,000 |
$52,000 | $200,000 |
$63,000 | $186,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
77 | $3,692,000 |
$47,000 | $200,000 |
$59,000 | $221,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
8 | $282,000 |
$35,000 | $78,000 |
$49,000 | $100,000 |
| Application Withdrawn By Applicant |
9 | $203,000 |
$22,000 | $61,000 |
$44,000 | $60,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
60 | $3,207,000 |
$53,000 | $200,000 |
$62,000 | $221,000 |
| 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 |
|
|
| Collateral |
1 | $15,000 |
$15,000 | $15,000 |
$34,000 | $34,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $58,000 |
$29,000 | $33,000 |
$45,000 | $59,000 |
| Debt-To-Income Ratio |
3 | $81,000 |
$27,000 | $32,000 |
$37,000 | $64,000 |
| 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 |
1 | $78,000 |
$78,000 | $78,000 |
$100,000 | $100,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for WINSTON-SALEM CITY EMPLOYEES by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
