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| Location |
Fairfield County SC
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,034 |
| Total Amount of All Mortgage Loans Applied For | $138,186,000 |
| Average Mortgage Loan Amount Applied For | $133,000 |
| Highest Mortgage Loan Amount Applied For | $620,000 |
| Average Applicant Income | $69,000 |
| Highest Applicant Income | $1,140,000 |
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| Home Improvement |
83 | $5,335,000 |
$64,000 | $360,000 |
$62,000 | $1,140,000 |
| Home Purchase |
314 | $45,503,000 |
$144,000 | $620,000 |
$69,000 | $670,000 |
| Refinancing |
637 | $87,348,000 |
$137,000 | $620,000 |
$70,000 | $550,000 |
|
| American Indian or Alaskan Native |
2 | $292,000 |
$146,000 | $285,000 |
$125,000 | $216,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
368 | $35,267,000 |
$95,000 | $521,000 |
$47,000 | $270,000 |
| Hispanic |
24 | $3,505,000 |
$146,000 | $417,000 |
$56,000 | $264,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $55,000 |
$55,000 | $55,000 |
$68,000 | $68,000 |
| Not applicable |
88 | $13,796,000 |
$156,000 | $417,000 |
$32,000 | $480,000 |
| Not Provided |
90 | $11,608,000 |
$128,000 | $421,000 |
$71,000 | $670,000 |
| White |
461 | $73,663,000 |
$159,000 | $620,000 |
$95,000 | $1,140,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
831 | $112,423,000 |
$135,000 | $620,000 |
$75,000 | $1,140,000 |
| FHA-insured (Federal Housing Administration) |
169 | $20,432,000 |
$120,000 | $275,000 |
$47,000 | $215,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
21 | $2,745,000 |
$130,000 | $245,000 |
$26,000 | $59,000 |
| VA-guaranteed (Veterans Administration) |
13 | $2,586,000 |
$198,000 | $413,000 |
$79,000 | $161,000 |
|
| Application Approved But Not Accepted |
61 | $8,265,000 |
$135,000 | $520,000 |
$75,000 | $480,000 |
| Application Denied By Financial Institution |
344 | $36,519,000 |
$106,000 | $612,000 |
$52,000 | $480,000 |
| Application Withdrawn By Applicant |
84 | $11,860,000 |
$141,000 | $620,000 |
$71,000 | $550,000 |
| File Closed For Incompleteness |
28 | $4,884,000 |
$174,000 | $421,000 |
$79,000 | $168,000 |
| Loan Originated |
362 | $51,697,000 |
$142,000 | $620,000 |
$92,000 | $1,140,000 |
| Loan Purchased By The Institution |
155 | $24,961,000 |
$161,000 | $417,000 |
$50,000 | $563,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
33 | $4,139,000 |
$125,000 | $417,000 |
$70,000 | $408,000 |
| Credit Application Incomplete |
12 | $1,899,000 |
$158,000 | $406,000 |
$88,000 | $480,000 |
| Credit History |
93 | $7,337,000 |
$78,000 | $418,000 |
$40,000 | $270,000 |
| Debt-To-Income Ratio |
38 | $5,288,000 |
$139,000 | $612,000 |
$41,000 | $203,000 |
| Employment History |
4 | $591,000 |
$147,000 | $384,000 |
$33,000 | $95,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $844,000 |
$211,000 | $375,000 |
$76,000 | $133,000 |
| Mortgage Insurance Denied |
1 | $230,000 |
$230,000 | $230,000 |
$81,000 | $81,000 |
| Other |
19 | $2,047,000 |
$107,000 | $294,000 |
$67,000 | $214,000 |
| Unverifiable Information |
3 | $418,000 |
$139,000 | $170,000 |
$40,000 | $66,000 |
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