|
| Location |
Barnes County ND
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 440 |
| Total Amount of All Mortgage Loans Applied For | $35,501,000 |
| Average Mortgage Loan Amount Applied For | $80,000 |
| Highest Mortgage Loan Amount Applied For | $1,100,000 |
| Average Applicant Income | $60,000 |
| Highest Applicant Income | $1,605,000 |
|
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| Home Improvement |
65 | $2,387,000 |
$36,000 | $197,000 |
$55,000 | $132,000 |
| Home Purchase |
175 | $14,909,000 |
$85,000 | $316,000 |
$62,000 | $290,000 |
| Refinancing |
200 | $18,205,000 |
$91,000 | $1,100,000 |
$59,000 | $1,605,000 |
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
2 | $177,000 |
$88,000 | $139,000 |
$60,000 | $64,000 |
| Hispanic |
3 | $279,000 |
$93,000 | $197,000 |
$34,000 | $67,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
24 | $5,293,000 |
$220,000 | $1,100,000 |
$26,000 | $124,000 |
| Not Provided |
30 | $2,414,000 |
$80,000 | $211,000 |
$38,000 | $144,000 |
| White |
381 | $27,338,000 |
$71,000 | $316,000 |
$64,000 | $1,605,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
358 | $27,728,000 |
$77,000 | $1,100,000 |
$64,000 | $1,605,000 |
| FHA-insured (Federal Housing Administration) |
62 | $6,149,000 |
$99,000 | $214,000 |
$45,000 | $111,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
14 | $910,000 |
$65,000 | $92,000 |
$37,000 | $55,000 |
| VA-guaranteed (Veterans Administration) |
6 | $714,000 |
$119,000 | $139,000 |
$31,000 | $101,000 |
|
| Application Approved But Not Accepted |
30 | $2,211,000 |
$73,000 | $288,000 |
$58,000 | $175,000 |
| Application Denied By Financial Institution |
72 | $4,464,000 |
$62,000 | $200,000 |
$45,000 | $144,000 |
| Application Withdrawn By Applicant |
33 | $2,923,000 |
$88,000 | $200,000 |
$95,000 | $1,605,000 |
| File Closed For Incompleteness |
7 | $513,000 |
$73,000 | $211,000 |
$69,000 | $93,000 |
| Loan Originated |
273 | $22,684,000 |
$83,000 | $1,100,000 |
$60,000 | $339,000 |
| Loan Purchased By The Institution |
25 | $2,706,000 |
$108,000 | $185,000 |
$46,000 | $124,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
12 | $717,000 |
$59,000 | $155,000 |
$53,000 | $87,000 |
| Credit Application Incomplete |
3 | $296,000 |
$98,000 | $200,000 |
$50,000 | $80,000 |
| Credit History |
16 | $976,000 |
$61,000 | $180,000 |
$40,000 | $92,000 |
| Debt-To-Income Ratio |
11 | $512,000 |
$46,000 | $97,000 |
$51,000 | $144,000 |
| Employment History |
1 | $113,000 |
$113,000 | $113,000 |
$50,000 | $50,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $123,000 |
$61,000 | $73,000 |
$39,000 | $47,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $233,000 |
$58,000 | $173,000 |
$69,000 | $99,000 |
| Unverifiable Information |
1 | $48,000 |
$48,000 | $48,000 |
$22,000 | $22,000 |
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