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| Location |
Franklin County VT
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 3,172 |
| Total Amount of All Mortgage Loans Applied For | $440,155,000 |
| Average Mortgage Loan Amount Applied For | $138,000 |
| Highest Mortgage Loan Amount Applied For | $888,000 |
| Average Applicant Income | $67,000 |
| Highest Applicant Income | $4,440,000 |
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| Home Improvement |
451 | $25,974,000 |
$57,000 | $410,000 |
$60,000 | $364,000 |
| Home Purchase |
723 | $119,890,000 |
$165,000 | $720,000 |
$76,000 | $4,440,000 |
| Refinancing |
1,998 | $294,291,000 |
$147,000 | $888,000 |
$66,000 | $1,170,000 |
|
| American Indian or Alaskan Native |
19 | $2,678,000 |
$140,000 | $312,000 |
$62,000 | $260,000 |
| Asian |
10 | $1,360,000 |
$136,000 | $227,000 |
$68,000 | $116,000 |
| Black or African American |
13 | $2,249,000 |
$173,000 | $272,000 |
$72,000 | $241,000 |
| Hispanic |
17 | $2,340,000 |
$137,000 | $327,000 |
$73,000 | $173,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $144,000 |
$144,000 | $144,000 |
$58,000 | $58,000 |
| Not applicable |
143 | $22,830,000 |
$159,000 | $530,000 |
$16,000 | $648,000 |
| Not Provided |
375 | $54,438,000 |
$145,000 | $885,000 |
$85,000 | $4,440,000 |
| White |
2,594 | $354,116,000 |
$136,000 | $888,000 |
$68,000 | $1,170,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,804 | $372,121,000 |
$132,000 | $888,000 |
$69,000 | $4,440,000 |
| FHA-insured (Federal Housing Administration) |
283 | $51,838,000 |
$183,000 | $361,000 |
$59,000 | $193,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
21 | $3,237,000 |
$154,000 | $247,000 |
$51,000 | $74,000 |
| VA-guaranteed (Veterans Administration) |
64 | $12,959,000 |
$202,000 | $312,000 |
$46,000 | $145,000 |
|
| Application Approved But Not Accepted |
245 | $30,889,000 |
$126,000 | $885,000 |
$65,000 | $816,000 |
| Application Denied By Financial Institution |
652 | $86,903,000 |
$133,000 | $888,000 |
$57,000 | $310,000 |
| Application Withdrawn By Applicant |
304 | $50,371,000 |
$165,000 | $417,000 |
$75,000 | $477,000 |
| File Closed For Incompleteness |
62 | $8,565,000 |
$138,000 | $395,000 |
$76,000 | $294,000 |
| Loan Originated |
1,638 | $218,005,000 |
$133,000 | $720,000 |
$73,000 | $4,440,000 |
| Loan Purchased By The Institution |
271 | $45,422,000 |
$167,000 | $410,000 |
$49,000 | $648,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
100 | $16,563,000 |
$165,000 | $888,000 |
$72,000 | $310,000 |
| Credit Application Incomplete |
17 | $2,709,000 |
$159,000 | $318,000 |
$59,000 | $134,000 |
| Credit History |
113 | $11,086,000 |
$98,000 | $406,000 |
$57,000 | $194,000 |
| Debt-To-Income Ratio |
125 | $17,181,000 |
$137,000 | $380,000 |
$45,000 | $177,000 |
| Employment History |
2 | $343,000 |
$171,000 | $198,000 |
$72,000 | $83,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
6 | $1,047,000 |
$174,000 | $352,000 |
$95,000 | $143,000 |
| Mortgage Insurance Denied |
3 | $494,000 |
$164,000 | $205,000 |
$73,000 | $105,000 |
| Other |
30 | $3,897,000 |
$129,000 | $309,000 |
$60,000 | $189,000 |
| Unverifiable Information |
11 | $1,611,000 |
$146,000 | $272,000 |
$81,000 | $240,000 |
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