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| Location |
Dare County NC
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 3,928 |
| Total Amount of All Mortgage Loans Applied For | $1,212,343,000 |
| Average Mortgage Loan Amount Applied For | $308,000 |
| Highest Mortgage Loan Amount Applied For | $8,175,000 |
| Average Applicant Income | $147,000 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
163 | $32,949,000 |
$202,000 | $3,752,000 |
$163,000 | $7,523,000 |
| Home Purchase |
1,219 | $402,983,000 |
$330,000 | $2,520,000 |
$170,000 | $1,700,000 |
| Refinancing |
2,546 | $776,411,000 |
$304,000 | $8,175,000 |
$135,000 | $9,999,000 |
|
| American Indian or Alaskan Native |
7 | $1,713,000 |
$244,000 | $622,000 |
$146,000 | $387,000 |
| Asian |
16 | $6,028,000 |
$376,000 | $1,400,000 |
$265,000 | $1,036,000 |
| Black or African American |
58 | $15,928,000 |
$274,000 | $1,470,000 |
$145,000 | $824,000 |
| Hispanic |
38 | $8,763,000 |
$230,000 | $417,000 |
$126,000 | $1,320,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $1,487,000 |
$297,000 | $700,000 |
$111,000 | $165,000 |
| Not applicable |
320 | $121,989,000 |
$381,000 | $8,175,000 |
$52,000 | $1,800,000 |
| Not Provided |
448 | $155,161,000 |
$346,000 | $2,520,000 |
$221,000 | $9,999,000 |
| White |
3,036 | $901,274,000 |
$296,000 | $3,204,000 |
$145,000 | $4,183,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,695 | $1,158,501,000 |
$313,000 | $8,175,000 |
$152,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
210 | $48,693,000 |
$231,000 | $466,000 |
$63,000 | $442,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
8 | $1,433,000 |
$179,000 | $204,000 |
$49,000 | $70,000 |
| VA-guaranteed (Veterans Administration) |
15 | $3,716,000 |
$247,000 | $406,000 |
$73,000 | $172,000 |
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| Application Approved But Not Accepted |
266 | $82,212,000 |
$309,000 | $2,520,000 |
$222,000 | $9,999,000 |
| Application Denied By Financial Institution |
676 | $211,179,000 |
$312,000 | $2,225,000 |
$142,000 | $7,523,000 |
| Application Withdrawn By Applicant |
409 | $127,288,000 |
$311,000 | $1,960,000 |
$159,000 | $2,640,000 |
| File Closed For Incompleteness |
70 | $21,376,000 |
$305,000 | $1,500,000 |
$182,000 | $1,668,000 |
| Loan Originated |
1,941 | $563,294,000 |
$290,000 | $8,175,000 |
$159,000 | $4,183,000 |
| Loan Purchased By The Institution |
565 | $206,731,000 |
$365,000 | $3,204,000 |
$61,000 | $853,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
1 | $263,000 |
$263,000 | $263,000 |
$50,000 | $50,000 |
|
| Collateral |
139 | $52,393,000 |
$376,000 | $1,480,000 |
$273,000 | $7,523,000 |
| Credit Application Incomplete |
46 | $15,692,000 |
$341,000 | $2,040,000 |
$141,000 | $576,000 |
| Credit History |
77 | $17,688,000 |
$229,000 | $848,000 |
$109,000 | $975,000 |
| Debt-To-Income Ratio |
156 | $49,593,000 |
$317,000 | $1,920,000 |
$98,000 | $551,000 |
| Employment History |
2 | $511,000 |
$255,000 | $357,000 |
$116,000 | $160,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
5 | $1,536,000 |
$307,000 | $417,000 |
$117,000 | $172,000 |
| Mortgage Insurance Denied |
1 | $292,000 |
$292,000 | $292,000 |
$77,000 | $77,000 |
| Other |
63 | $26,455,000 |
$419,000 | $2,225,000 |
$187,000 | $1,385,000 |
| Unverifiable Information |
19 | $6,579,000 |
$346,000 | $847,000 |
$164,000 | $332,000 |
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