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| Location |
Butler County KY
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 330 |
| Total Amount of All Mortgage Loans Applied For | $27,717,000 |
| Average Mortgage Loan Amount Applied For | $83,000 |
| Highest Mortgage Loan Amount Applied For | $299,000 |
| Average Applicant Income | $56,000 |
| Highest Applicant Income | $360,000 |
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| Home Improvement |
31 | $1,642,000 |
$52,000 | $271,000 |
$57,000 | $226,000 |
| Home Purchase |
84 | $6,687,000 |
$79,000 | $226,000 |
$45,000 | $192,000 |
| Refinancing |
215 | $19,388,000 |
$90,000 | $299,000 |
$61,000 | $360,000 |
|
| American Indian or Alaskan Native |
2 | $80,000 |
$40,000 | $46,000 |
$33,000 | $53,000 |
| Asian |
1 | $293,000 |
$293,000 | $293,000 |
$259,000 | $259,000 |
| Black or African American |
1 | $15,000 |
$15,000 | $15,000 |
$20,000 | $20,000 |
| Hispanic |
3 | $106,000 |
$35,000 | $71,000 |
$35,000 | $67,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
11 | $875,000 |
$79,000 | $129,000 |
$22,000 | $140,000 |
| Not Provided |
22 | $2,150,000 |
$97,000 | $285,000 |
$62,000 | $360,000 |
| White |
290 | $24,198,000 |
$83,000 | $299,000 |
$57,000 | $285,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
273 | $21,756,000 |
$79,000 | $299,000 |
$58,000 | $360,000 |
| FHA-insured (Federal Housing Administration) |
47 | $5,052,000 |
$107,000 | $211,000 |
$49,000 | $162,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
6 | $445,000 |
$74,000 | $102,000 |
$26,000 | $48,000 |
| VA-guaranteed (Veterans Administration) |
4 | $464,000 |
$116,000 | $116,000 |
$51,000 | $82,000 |
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| Application Approved But Not Accepted |
12 | $906,000 |
$75,000 | $152,000 |
$53,000 | $226,000 |
| Application Denied By Financial Institution |
84 | $7,473,000 |
$88,000 | $299,000 |
$55,000 | $360,000 |
| Application Withdrawn By Applicant |
39 | $3,630,000 |
$93,000 | $170,000 |
$49,000 | $90,000 |
| File Closed For Incompleteness |
12 | $1,169,000 |
$97,000 | $270,000 |
$59,000 | $143,000 |
| Loan Originated |
157 | $12,094,000 |
$77,000 | $293,000 |
$61,000 | $285,000 |
| Loan Purchased By The Institution |
26 | $2,445,000 |
$94,000 | $155,000 |
$43,000 | $140,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
11 | $1,027,000 |
$93,000 | $194,000 |
$66,000 | $162,000 |
| Credit Application Incomplete |
4 | $324,000 |
$81,000 | $179,000 |
$63,000 | $113,000 |
| Credit History |
13 | $968,000 |
$74,000 | $240,000 |
$38,000 | $85,000 |
| Debt-To-Income Ratio |
5 | $615,000 |
$123,000 | $285,000 |
$59,000 | $108,000 |
| Employment History |
1 | $95,000 |
$95,000 | $95,000 |
$21,000 | $21,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $25,000 |
$25,000 | $25,000 |
$35,000 | $35,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $242,000 |
$121,000 | $203,000 |
$104,000 | $147,000 |
| Unverifiable Information |
4 | $362,000 |
$90,000 | $120,000 |
$35,000 | $49,000 |
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