|
| Location |
Carlton County MN
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,872 |
| Total Amount of All Mortgage Loans Applied For | $248,084,000 |
| Average Mortgage Loan Amount Applied For | $132,000 |
| Highest Mortgage Loan Amount Applied For | $1,550,000 |
| Average Applicant Income | $63,000 |
| Highest Applicant Income | $1,000,000 |
|
|
|
| Home Improvement |
220 | $12,350,000 |
$56,000 | $479,000 |
$61,000 | $141,000 |
| Home Purchase |
552 | $80,495,000 |
$145,000 | $1,550,000 |
$61,000 | $661,000 |
| Refinancing |
1,100 | $155,239,000 |
$141,000 | $1,368,000 |
$64,000 | $1,000,000 |
|
| American Indian or Alaskan Native |
53 | $5,583,000 |
$105,000 | $263,000 |
$56,000 | $134,000 |
| Asian |
6 | $962,000 |
$160,000 | $194,000 |
$79,000 | $124,000 |
| Black or African American |
5 | $903,000 |
$180,000 | $275,000 |
$89,000 | $156,000 |
| Hispanic |
15 | $2,035,000 |
$135,000 | $264,000 |
$60,000 | $109,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $468,000 |
$156,000 | $192,000 |
$66,000 | $72,000 |
| Not applicable |
99 | $19,669,000 |
$198,000 | $1,550,000 |
$9,000 | $118,000 |
| Not Provided |
116 | $13,429,000 |
$115,000 | $345,000 |
$59,000 | $224,000 |
| White |
1,575 | $205,035,000 |
$130,000 | $517,000 |
$66,000 | $1,000,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,548 | $200,574,000 |
$129,000 | $1,550,000 |
$65,000 | $1,000,000 |
| FHA-insured (Federal Housing Administration) |
259 | $37,849,000 |
$146,000 | $274,000 |
$50,000 | $249,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
36 | $4,436,000 |
$123,000 | $264,000 |
$40,000 | $65,000 |
| VA-guaranteed (Veterans Administration) |
29 | $5,225,000 |
$180,000 | $374,000 |
$60,000 | $162,000 |
|
| Application Approved But Not Accepted |
126 | $15,533,000 |
$123,000 | $440,000 |
$66,000 | $224,000 |
| Application Denied By Financial Institution |
439 | $55,834,000 |
$127,000 | $479,000 |
$59,000 | $228,000 |
| Application Withdrawn By Applicant |
156 | $23,997,000 |
$153,000 | $1,550,000 |
$75,000 | $960,000 |
| File Closed For Incompleteness |
50 | $6,350,000 |
$127,000 | $365,000 |
$69,000 | $240,000 |
| Loan Originated |
925 | $119,927,000 |
$129,000 | $1,400,000 |
$67,000 | $1,000,000 |
| Loan Purchased By The Institution |
176 | $26,443,000 |
$150,000 | $344,000 |
$33,000 | $169,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
107 | $13,939,000 |
$130,000 | $402,000 |
$75,000 | $228,000 |
| Credit Application Incomplete |
14 | $2,126,000 |
$151,000 | $325,000 |
$67,000 | $221,000 |
| Credit History |
73 | $8,166,000 |
$111,000 | $425,000 |
$59,000 | $162,000 |
| Debt-To-Income Ratio |
71 | $10,227,000 |
$144,000 | $400,000 |
$49,000 | $147,000 |
| Employment History |
3 | $359,000 |
$119,000 | $182,000 |
$47,000 | $63,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $598,000 |
$149,000 | $283,000 |
$51,000 | $106,000 |
| Mortgage Insurance Denied |
1 | $151,000 |
$151,000 | $151,000 |
$74,000 | $74,000 |
| Other |
16 | $1,656,000 |
$103,000 | $320,000 |
$57,000 | $144,000 |
| Unverifiable Information |
7 | $1,094,000 |
$156,000 | $366,000 |
$50,000 | $100,000 |
|
|