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| Location |
Clarion County PA
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,206 |
| Total Amount of All Mortgage Loans Applied For | $98,180,000 |
| Average Mortgage Loan Amount Applied For | $81,000 |
| Highest Mortgage Loan Amount Applied For | $600,000 |
| Average Applicant Income | $59,000 |
| Highest Applicant Income | $715,000 |
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| Home Improvement |
190 | $7,944,000 |
$41,000 | $200,000 |
$54,000 | $240,000 |
| Home Purchase |
276 | $23,141,000 |
$83,000 | $600,000 |
$64,000 | $715,000 |
| Refinancing |
740 | $67,095,000 |
$90,000 | $440,000 |
$59,000 | $570,000 |
|
| American Indian or Alaskan Native |
4 | $288,000 |
$72,000 | $100,000 |
$44,000 | $59,000 |
| Asian |
1 | $135,000 |
$135,000 | $135,000 |
$64,000 | $64,000 |
| Black or African American |
4 | $260,000 |
$65,000 | $105,000 |
$67,000 | $86,000 |
| Hispanic |
8 | $789,000 |
$98,000 | $228,000 |
$77,000 | $110,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $418,000 |
$104,000 | $200,000 |
$60,000 | $143,000 |
| Not applicable |
24 | $2,544,000 |
$106,000 | $275,000 |
$16,000 | $79,000 |
| Not Provided |
107 | $8,714,000 |
$81,000 | $250,000 |
$64,000 | $552,000 |
| White |
1,054 | $85,032,000 |
$80,000 | $600,000 |
$60,000 | $715,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,023 | $80,335,000 |
$78,000 | $600,000 |
$62,000 | $715,000 |
| FHA-insured (Federal Housing Administration) |
159 | $15,547,000 |
$97,000 | $276,000 |
$47,000 | $262,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
17 | $1,516,000 |
$89,000 | $134,000 |
$35,000 | $59,000 |
| VA-guaranteed (Veterans Administration) |
7 | $782,000 |
$111,000 | $228,000 |
$39,000 | $58,000 |
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| Application Approved But Not Accepted |
74 | $5,194,000 |
$70,000 | $206,000 |
$59,000 | $217,000 |
| Application Denied By Financial Institution |
448 | $37,111,000 |
$82,000 | $400,000 |
$54,000 | $570,000 |
| Application Withdrawn By Applicant |
125 | $11,295,000 |
$90,000 | $328,000 |
$63,000 | $383,000 |
| File Closed For Incompleteness |
28 | $1,949,000 |
$69,000 | $219,000 |
$58,000 | $102,000 |
| Loan Originated |
474 | $36,762,000 |
$77,000 | $600,000 |
$66,000 | $715,000 |
| Loan Purchased By The Institution |
56 | $5,770,000 |
$103,000 | $276,000 |
$38,000 | $223,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
1 | $99,000 |
$99,000 | $99,000 |
$23,000 | $23,000 |
|
| Collateral |
39 | $3,768,000 |
$96,000 | $266,000 |
$55,000 | $120,000 |
| Credit Application Incomplete |
6 | $584,000 |
$97,000 | $200,000 |
$56,000 | $101,000 |
| Credit History |
56 | $3,592,000 |
$64,000 | $279,000 |
$46,000 | $156,000 |
| Debt-To-Income Ratio |
34 | $3,498,000 |
$102,000 | $400,000 |
$46,000 | $290,000 |
| Employment History |
5 | $228,000 |
$45,000 | $98,000 |
$35,000 | $61,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
5 | $214,000 |
$42,000 | $80,000 |
$32,000 | $57,000 |
| Mortgage Insurance Denied |
1 | $130,000 |
$130,000 | $130,000 |
$120,000 | $120,000 |
| Other |
16 | $1,032,000 |
$64,000 | $143,000 |
$64,000 | $328,000 |
| Unverifiable Information |
6 | $454,000 |
$75,000 | $136,000 |
$39,000 | $60,000 |
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