|
| Location |
Dallas County AL
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,482 |
| Total Amount of All Mortgage Loans Applied For | $131,172,000 |
| Average Mortgage Loan Amount Applied For | $88,000 |
| Highest Mortgage Loan Amount Applied For | $2,340,000 |
| Average Applicant Income | $55,000 |
| Highest Applicant Income | $540,000 |
|
|
|
| Home Improvement |
305 | $11,935,000 |
$39,000 | $1,700,000 |
$44,000 | $441,000 |
| Home Purchase |
326 | $32,243,000 |
$98,000 | $417,000 |
$56,000 | $384,000 |
| Refinancing |
851 | $86,994,000 |
$102,000 | $2,340,000 |
$59,000 | $540,000 |
|
| American Indian or Alaskan Native |
6 | $353,000 |
$58,000 | $120,000 |
$53,000 | $73,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
702 | $50,971,000 |
$72,000 | $417,000 |
$48,000 | $311,000 |
| Hispanic |
11 | $1,085,000 |
$98,000 | $240,000 |
$108,000 | $375,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
73 | $9,734,000 |
$133,000 | $2,340,000 |
$17,000 | $420,000 |
| Not Provided |
188 | $18,248,000 |
$97,000 | $300,000 |
$58,000 | $495,000 |
| White |
502 | $50,781,000 |
$101,000 | $850,000 |
$70,000 | $540,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,177 | $93,624,000 |
$79,000 | $1,700,000 |
$57,000 | $540,000 |
| FHA-insured (Federal Housing Administration) |
277 | $34,467,000 |
$124,000 | $2,340,000 |
$49,000 | $450,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
4 | $312,000 |
$78,000 | $90,000 |
$42,000 | $53,000 |
| VA-guaranteed (Veterans Administration) |
24 | $2,769,000 |
$115,000 | $187,000 |
$41,000 | $104,000 |
|
| Application Approved But Not Accepted |
95 | $6,578,000 |
$69,000 | $328,000 |
$66,000 | $441,000 |
| Application Denied By Financial Institution |
574 | $44,315,000 |
$77,000 | $378,000 |
$52,000 | $495,000 |
| Application Withdrawn By Applicant |
156 | $16,190,000 |
$103,000 | $400,000 |
$61,000 | $300,000 |
| File Closed For Incompleteness |
54 | $6,736,000 |
$124,000 | $417,000 |
$72,000 | $198,000 |
| Loan Originated |
490 | $45,416,000 |
$92,000 | $2,340,000 |
$59,000 | $540,000 |
| Loan Purchased By The Institution |
113 | $11,937,000 |
$105,000 | $328,000 |
$34,000 | $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 |
43 | $4,548,000 |
$105,000 | $378,000 |
$60,000 | $161,000 |
| Credit Application Incomplete |
14 | $1,558,000 |
$111,000 | $300,000 |
$46,000 | $121,000 |
| Credit History |
144 | $7,221,000 |
$50,000 | $262,000 |
$46,000 | $375,000 |
| Debt-To-Income Ratio |
33 | $2,242,000 |
$67,000 | $276,000 |
$41,000 | $125,000 |
| Employment History |
1 | $175,000 |
$175,000 | $175,000 |
$25,000 | $25,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $240,000 |
$120,000 | $150,000 |
$53,000 | $74,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
18 | $1,739,000 |
$96,000 | $262,000 |
$66,000 | $275,000 |
| Unverifiable Information |
3 | $297,000 |
$99,000 | $133,000 |
$66,000 | $90,000 |
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