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| Location |
Bernalillo County NM
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 43,620 |
| Total Amount of All Mortgage Loans Applied For | $7,464,648,000 |
| Average Mortgage Loan Amount Applied For | $171,000 |
| Highest Mortgage Loan Amount Applied For | $10,332,000 |
| Average Applicant Income | $75,000 |
| Highest Applicant Income | $3,543,000 |
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| Home Improvement |
3,245 | $246,261,000 |
$75,000 | $5,500,000 |
$73,000 | $1,195,000 |
| Home Purchase |
14,615 | $2,635,506,000 |
$180,000 | $9,120,000 |
$77,000 | $2,725,000 |
| Refinancing |
25,760 | $4,582,881,000 |
$177,000 | $10,332,000 |
$74,000 | $3,543,000 |
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| American Indian or Alaskan Native |
472 | $69,710,000 |
$147,000 | $1,030,000 |
$71,000 | $969,000 |
| Asian |
813 | $155,643,000 |
$191,000 | $1,300,000 |
$95,000 | $1,166,000 |
| Black or African American |
806 | $138,759,000 |
$172,000 | $725,000 |
$69,000 | $390,000 |
| Hispanic |
14,758 | $2,249,025,000 |
$152,000 | $2,155,000 |
$64,000 | $2,351,000 |
| Native Hawaiin or Other Pacific Islander |
99 | $18,066,000 |
$182,000 | $718,000 |
$74,000 | $400,000 |
| Not applicable |
2,876 | $564,662,000 |
$196,000 | $10,332,000 |
$36,000 | $1,748,000 |
| Not Provided |
4,263 | $720,778,000 |
$169,000 | $1,650,000 |
$80,000 | $3,543,000 |
| White |
19,533 | $3,548,005,000 |
$181,000 | $1,875,000 |
$88,000 | $2,725,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
32,459 | $5,586,445,000 |
$172,000 | $10,332,000 |
$82,000 | $3,543,000 |
| FHA-insured (Federal Housing Administration) |
9,668 | $1,574,495,000 |
$162,000 | $705,000 |
$56,000 | $1,762,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $98,000 |
$98,000 | $98,000 |
$19,000 | $19,000 |
| VA-guaranteed (Veterans Administration) |
1,492 | $303,610,000 |
$203,000 | $575,000 |
$51,000 | $233,000 |
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| Application Approved But Not Accepted |
2,567 | $440,427,000 |
$171,000 | $2,500,000 |
$81,000 | $2,719,000 |
| Application Denied By Financial Institution |
9,656 | $1,567,493,000 |
$162,000 | $2,155,000 |
$69,000 | $1,762,000 |
| Application Withdrawn By Applicant |
4,590 | $829,847,000 |
$180,000 | $10,000,000 |
$78,000 | $2,535,000 |
| File Closed For Incompleteness |
957 | $172,717,000 |
$180,000 | $1,423,000 |
$91,000 | $1,338,000 |
| Loan Originated |
18,295 | $3,129,643,000 |
$171,000 | $10,000,000 |
$84,000 | $3,543,000 |
| Loan Purchased By The Institution |
7,548 | $1,323,511,000 |
$175,000 | $10,332,000 |
$57,000 | $1,384,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
7 | $1,010,000 |
$144,000 | $187,000 |
$43,000 | $76,000 |
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| Collateral |
1,118 | $201,060,000 |
$179,000 | $1,500,000 |
$86,000 | $972,000 |
| Credit Application Incomplete |
619 | $122,257,000 |
$197,000 | $1,560,000 |
$84,000 | $1,080,000 |
| Credit History |
1,456 | $166,202,000 |
$114,000 | $900,000 |
$64,000 | $1,200,000 |
| Debt-To-Income Ratio |
1,244 | $221,188,000 |
$177,000 | $2,155,000 |
$54,000 | $834,000 |
| Employment History |
94 | $14,302,000 |
$152,000 | $600,000 |
$49,000 | $209,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
114 | $22,813,000 |
$200,000 | $1,500,000 |
$76,000 | $674,000 |
| Mortgage Insurance Denied |
14 | $2,729,000 |
$194,000 | $372,000 |
$85,000 | $188,000 |
| Other |
594 | $110,872,000 |
$186,000 | $1,650,000 |
$82,000 | $502,000 |
| Unverifiable Information |
249 | $49,303,000 |
$198,000 | $1,160,000 |
$87,000 | $600,000 |
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