|
| Location |
Adair County OK
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 633 |
| Total Amount of All Mortgage Loans Applied For | $50,600,000 |
| Average Mortgage Loan Amount Applied For | $79,000 |
| Highest Mortgage Loan Amount Applied For | $1,030,000 |
| Average Applicant Income | $50,000 |
| Highest Applicant Income | $361,000 |
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| Home Improvement |
91 | $2,997,000 |
$32,000 | $189,000 |
$47,000 | $300,000 |
| Home Purchase |
181 | $14,644,000 |
$80,000 | $276,000 |
$45,000 | $218,000 |
| Refinancing |
361 | $32,959,000 |
$91,000 | $1,030,000 |
$52,000 | $361,000 |
|
| American Indian or Alaskan Native |
176 | $12,815,000 |
$72,000 | $252,000 |
$51,000 | $361,000 |
| Asian |
1 | $81,000 |
$81,000 | $81,000 |
$24,000 | $24,000 |
| Black or African American |
1 | $76,000 |
$76,000 | $76,000 |
$27,000 | $27,000 |
| Hispanic |
16 | $888,000 |
$55,000 | $105,000 |
$35,000 | $63,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $256,000 |
$128,000 | $128,000 |
$64,000 | $93,000 |
| Not applicable |
22 | $2,094,000 |
$95,000 | $210,000 |
$12,000 | $81,000 |
| Not Provided |
59 | $4,936,000 |
$83,000 | $220,000 |
$51,000 | $152,000 |
| White |
356 | $29,454,000 |
$82,000 | $1,030,000 |
$52,000 | $331,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
480 | $36,401,000 |
$75,000 | $1,030,000 |
$52,000 | $361,000 |
| FHA-insured (Federal Housing Administration) |
112 | $11,259,000 |
$100,000 | $276,000 |
$48,000 | $150,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
33 | $2,236,000 |
$67,000 | $134,000 |
$24,000 | $63,000 |
| VA-guaranteed (Veterans Administration) |
8 | $704,000 |
$88,000 | $132,000 |
$65,000 | $122,000 |
|
| Application Approved But Not Accepted |
28 | $1,652,000 |
$59,000 | $277,000 |
$49,000 | $300,000 |
| Application Denied By Financial Institution |
177 | $14,935,000 |
$84,000 | $280,000 |
$48,000 | $218,000 |
| Application Withdrawn By Applicant |
51 | $5,257,000 |
$103,000 | $300,000 |
$55,000 | $139,000 |
| File Closed For Incompleteness |
18 | $1,629,000 |
$90,000 | $247,000 |
$50,000 | $163,000 |
| Loan Originated |
299 | $21,233,000 |
$71,000 | $1,030,000 |
$52,000 | $361,000 |
| Loan Purchased By The Institution |
60 | $5,894,000 |
$98,000 | $220,000 |
$39,000 | $183,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
16 | $1,424,000 |
$89,000 | $216,000 |
$64,000 | $200,000 |
| Credit Application Incomplete |
5 | $495,000 |
$99,000 | $173,000 |
$42,000 | $92,000 |
| Credit History |
38 | $2,552,000 |
$67,000 | $280,000 |
$44,000 | $140,000 |
| Debt-To-Income Ratio |
11 | $1,194,000 |
$108,000 | $247,000 |
$36,000 | $56,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $392,000 |
$196,000 | $276,000 |
$136,000 | $150,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
7 | $733,000 |
$104,000 | $201,000 |
$51,000 | $108,000 |
| Unverifiable Information |
2 | $236,000 |
$118,000 | $150,000 |
$61,000 | $67,000 |
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