|
| Location |
Bureau County IL
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,531 |
| Total Amount of All Mortgage Loans Applied For | $142,101,000 |
| Average Mortgage Loan Amount Applied For | $92,000 |
| Highest Mortgage Loan Amount Applied For | $505,000 |
| Average Applicant Income | $62,000 |
| Highest Applicant Income | $1,812,000 |
|
|
|
| Home Improvement |
201 | $9,414,000 |
$46,000 | $250,000 |
$68,000 | $1,812,000 |
| Home Purchase |
433 | $41,021,000 |
$94,000 | $344,000 |
$58,000 | $600,000 |
| Refinancing |
897 | $91,666,000 |
$102,000 | $505,000 |
$63,000 | $472,000 |
|
| American Indian or Alaskan Native |
5 | $488,000 |
$97,000 | $115,000 |
$61,000 | $82,000 |
| Asian |
8 | $1,610,000 |
$201,000 | $417,000 |
$132,000 | $200,000 |
| Black or African American |
6 | $449,000 |
$74,000 | $163,000 |
$44,000 | $68,000 |
| Hispanic |
53 | $4,127,000 |
$77,000 | $213,000 |
$47,000 | $246,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $200,000 |
$200,000 | $200,000 |
$77,000 | $77,000 |
| Not applicable |
70 | $6,731,000 |
$96,000 | $259,000 |
$11,000 | $150,000 |
| Not Provided |
112 | $10,931,000 |
$97,000 | $300,000 |
$66,000 | $175,000 |
| White |
1,276 | $117,565,000 |
$92,000 | $505,000 |
$65,000 | $1,812,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,214 | $109,133,000 |
$89,000 | $505,000 |
$66,000 | $1,812,000 |
| FHA-insured (Federal Housing Administration) |
222 | $24,189,000 |
$108,000 | $260,000 |
$57,000 | $160,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
84 | $6,715,000 |
$79,000 | $164,000 |
$33,000 | $86,000 |
| VA-guaranteed (Veterans Administration) |
11 | $2,064,000 |
$187,000 | $271,000 |
$28,000 | $79,000 |
|
| Application Approved But Not Accepted |
74 | $6,528,000 |
$88,000 | $265,000 |
$67,000 | $152,000 |
| Application Denied By Financial Institution |
371 | $34,674,000 |
$93,000 | $505,000 |
$56,000 | $234,000 |
| Application Withdrawn By Applicant |
113 | $11,723,000 |
$103,000 | $300,000 |
$61,000 | $234,000 |
| File Closed For Incompleteness |
30 | $2,815,000 |
$93,000 | $260,000 |
$71,000 | $250,000 |
| Loan Originated |
801 | $71,666,000 |
$89,000 | $417,000 |
$69,000 | $1,812,000 |
| Loan Purchased By The Institution |
142 | $14,695,000 |
$103,000 | $259,000 |
$35,000 | $173,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
48 | $4,367,000 |
$90,000 | $264,000 |
$69,000 | $150,000 |
| Credit Application Incomplete |
15 | $1,201,000 |
$80,000 | $177,000 |
$56,000 | $130,000 |
| Credit History |
51 | $2,542,000 |
$49,000 | $200,000 |
$52,000 | $125,000 |
| Debt-To-Income Ratio |
37 | $2,843,000 |
$76,000 | $298,000 |
$44,000 | $135,000 |
| Employment History |
1 | $84,000 |
$84,000 | $84,000 |
$20,000 | $20,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
1 | $30,000 |
$30,000 | $30,000 |
$62,000 | $62,000 |
| Other |
8 | $944,000 |
$118,000 | $417,000 |
$44,000 | $192,000 |
| Unverifiable Information |
8 | $735,000 |
$91,000 | $158,000 |
$48,000 | $87,000 |
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