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| Location |
Archuleta County CO
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 950 |
| Total Amount of All Mortgage Loans Applied For | $223,274,000 |
| Average Mortgage Loan Amount Applied For | $235,000 |
| Highest Mortgage Loan Amount Applied For | $1,700,000 |
| Average Applicant Income | $109,000 |
| Highest Applicant Income | $1,992,000 |
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| Home Improvement |
54 | $5,714,000 |
$105,000 | $400,000 |
$53,000 | $168,000 |
| Home Purchase |
293 | $67,616,000 |
$230,000 | $1,700,000 |
$136,000 | $1,992,000 |
| Refinancing |
603 | $149,944,000 |
$248,000 | $1,300,000 |
$100,000 | $1,467,000 |
|
| American Indian or Alaskan Native |
9 | $1,621,000 |
$180,000 | $323,000 |
$63,000 | $108,000 |
| Asian |
2 | $281,000 |
$140,000 | $150,000 |
$51,000 | $53,000 |
| Black or African American |
2 | $520,000 |
$260,000 | $313,000 |
$59,000 | $60,000 |
| Hispanic |
63 | $11,452,000 |
$181,000 | $417,000 |
$80,000 | $490,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $687,000 |
$171,000 | $220,000 |
$56,000 | $67,000 |
| Not applicable |
65 | $17,147,000 |
$263,000 | $1,300,000 |
$33,000 | $600,000 |
| Not Provided |
108 | $25,241,000 |
$233,000 | $1,240,000 |
$136,000 | $1,575,000 |
| White |
697 | $166,325,000 |
$238,000 | $1,700,000 |
$115,000 | $1,992,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
846 | $202,994,000 |
$239,000 | $1,700,000 |
$115,000 | $1,992,000 |
| FHA-insured (Federal Housing Administration) |
94 | $17,529,000 |
$186,000 | $349,000 |
$56,000 | $192,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
10 | $2,751,000 |
$275,000 | $410,000 |
$66,000 | $138,000 |
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| Application Approved But Not Accepted |
58 | $14,502,000 |
$250,000 | $1,163,000 |
$100,000 | $454,000 |
| Application Denied By Financial Institution |
198 | $46,688,000 |
$235,000 | $1,240,000 |
$106,000 | $1,992,000 |
| Application Withdrawn By Applicant |
90 | $19,093,000 |
$212,000 | $713,000 |
$96,000 | $436,000 |
| File Closed For Incompleteness |
26 | $6,241,000 |
$240,000 | $760,000 |
$186,000 | $1,467,000 |
| Loan Originated |
453 | $107,530,000 |
$237,000 | $1,700,000 |
$124,000 | $1,912,000 |
| Loan Purchased By The Institution |
125 | $29,220,000 |
$233,000 | $807,000 |
$55,000 | $600,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
42 | $11,003,000 |
$261,000 | $1,200,000 |
$117,000 | $700,000 |
| Credit Application Incomplete |
15 | $3,359,000 |
$223,000 | $757,000 |
$103,000 | $504,000 |
| Credit History |
13 | $2,049,000 |
$157,000 | $400,000 |
$52,000 | $91,000 |
| Debt-To-Income Ratio |
34 | $7,824,000 |
$230,000 | $1,100,000 |
$72,000 | $278,000 |
| Employment History |
7 | $2,210,000 |
$315,000 | $825,000 |
$78,000 | $189,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $228,000 |
$228,000 | $228,000 |
$57,000 | $57,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
24 | $7,878,000 |
$328,000 | $759,000 |
$213,000 | $1,992,000 |
| Unverifiable Information |
12 | $3,748,000 |
$312,000 | $1,240,000 |
$208,000 | $1,575,000 |
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