|
| Location |
Fergus County MT
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 420 |
| Total Amount of All Mortgage Loans Applied For | $52,457,000 |
| Average Mortgage Loan Amount Applied For | $124,000 |
| Highest Mortgage Loan Amount Applied For | $500,000 |
| Average Applicant Income | $60,000 |
| Highest Applicant Income | $619,000 |
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| Home Improvement |
29 | $2,523,000 |
$87,000 | $288,000 |
$45,000 | $200,000 |
| Home Purchase |
134 | $15,724,000 |
$117,000 | $417,000 |
$54,000 | $233,000 |
| Refinancing |
257 | $34,210,000 |
$133,000 | $500,000 |
$65,000 | $619,000 |
|
| American Indian or Alaskan Native |
2 | $165,000 |
$82,000 | $85,000 |
$49,000 | $69,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
6 | $687,000 |
$114,000 | $260,000 |
$108,000 | $233,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $320,000 |
$160,000 | $202,000 |
$103,000 | $180,000 |
| Not applicable |
30 | $4,498,000 |
$149,000 | $500,000 |
$42,000 | $380,000 |
| Not Provided |
29 | $2,702,000 |
$93,000 | $391,000 |
$58,000 | $325,000 |
| White |
351 | $44,085,000 |
$125,000 | $417,000 |
$61,000 | $619,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
313 | $39,373,000 |
$125,000 | $500,000 |
$64,000 | $619,000 |
| FHA-insured (Federal Housing Administration) |
89 | $10,942,000 |
$122,000 | $276,000 |
$50,000 | $180,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
7 | $635,000 |
$90,000 | $137,000 |
$34,000 | $68,000 |
| VA-guaranteed (Veterans Administration) |
11 | $1,507,000 |
$137,000 | $271,000 |
$50,000 | $88,000 |
|
| Application Approved But Not Accepted |
25 | $4,162,000 |
$166,000 | $500,000 |
$81,000 | $619,000 |
| Application Denied By Financial Institution |
94 | $9,846,000 |
$104,000 | $309,000 |
$55,000 | $341,000 |
| Application Withdrawn By Applicant |
46 | $5,732,000 |
$124,000 | $417,000 |
$65,000 | $200,000 |
| File Closed For Incompleteness |
6 | $526,000 |
$87,000 | $157,000 |
$38,000 | $53,000 |
| Loan Originated |
185 | $23,223,000 |
$125,000 | $450,000 |
$62,000 | $380,000 |
| Loan Purchased By The Institution |
64 | $8,968,000 |
$140,000 | $305,000 |
$52,000 | $380,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
14 | $1,669,000 |
$119,000 | $214,000 |
$63,000 | $130,000 |
| Credit Application Incomplete |
5 | $581,000 |
$116,000 | $283,000 |
$91,000 | $264,000 |
| Credit History |
8 | $551,000 |
$68,000 | $230,000 |
$38,000 | $72,000 |
| Debt-To-Income Ratio |
9 | $1,397,000 |
$155,000 | $309,000 |
$48,000 | $80,000 |
| Employment History |
1 | $168,000 |
$168,000 | $168,000 |
$49,000 | $49,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $621,000 |
$124,000 | $251,000 |
$51,000 | $84,000 |
| Unverifiable Information |
6 | $736,000 |
$122,000 | $190,000 |
$84,000 | $341,000 |
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