|
| Location |
Gaines County TX
• Apply Here |
| Year | 2003 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 626 |
| Total Amount of All Mortgage Loans Applied For | $36,389,000 |
| Average Mortgage Loan Amount Applied For | $58,000 |
| Highest Mortgage Loan Amount Applied For | $350,000 |
| Average Applicant Income | $49,000 |
| Highest Applicant Income | $534,000 |
|
|
|
| Home Improvement (one-to-four family) |
38 | $739,000 |
$19,000 | $70,000 |
$52,000 | $198,000 |
| Home Purchase (one-to-four family) |
259 | $13,324,000 |
$51,000 | $323,000 |
$40,000 | $534,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
329 | $22,326,000 |
$67,000 | $350,000 |
$55,000 | $456,000 |
|
| American Indian or Alaskan Native |
1 | $28,000 |
$28,000 | $28,000 |
$0 | $0 |
| Asian or Pacific Islander |
1 | $75,000 |
$75,000 | $75,000 |
$30,000 | $30,000 |
| Black |
6 | $324,000 |
$54,000 | $82,000 |
$43,000 | $64,000 |
| Hispanic |
113 | $4,741,000 |
$41,000 | $180,000 |
$37,000 | $111,000 |
| Information not provided by applicant in mail or telephone application |
119 | $7,194,000 |
$60,000 | $350,000 |
$55,000 | $312,000 |
| Not applicable |
26 | $2,433,000 |
$93,000 | $300,000 |
$0 | $0 |
| Other |
4 | $274,000 |
$68,000 | $82,000 |
$62,000 | $90,000 |
| White |
356 | $21,320,000 |
$59,000 | $323,000 |
$56,000 | $534,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
509 | $29,727,000 |
$58,000 | $350,000 |
$54,000 | $534,000 |
| FHA-insured (Federal Housing Administration) |
106 | $6,051,000 |
$57,000 | $134,000 |
$30,000 | $456,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3 | $129,000 |
$43,000 | $50,000 |
$28,000 | $48,000 |
| VA-guaranteed (Veterans Administration) |
8 | $482,000 |
$60,000 | $75,000 |
$25,000 | $65,000 |
|
| Application Approved But Not Accepted |
31 | $1,608,000 |
$51,000 | $175,000 |
$55,000 | $214,000 |
| Application Denied By Financial Institution |
193 | $8,993,000 |
$46,000 | $350,000 |
$48,000 | $300,000 |
| Application Withdrawn By Applicant |
79 | $4,986,000 |
$63,000 | $323,000 |
$60,000 | $312,000 |
| File Closed For Incompleteness |
9 | $435,000 |
$48,000 | $104,000 |
$45,000 | $81,000 |
| Loan Originated |
226 | $13,838,000 |
$61,000 | $300,000 |
$53,000 | $534,000 |
| Loan Purchased By The Institution |
88 | $6,529,000 |
$74,000 | $300,000 |
$32,000 | $456,000 |
|
| Collateral |
19 | $842,000 |
$44,000 | $180,000 |
$51,000 | $135,000 |
| Credit Application Incomplete |
18 | $1,201,000 |
$66,000 | $220,000 |
$54,000 | $260,000 |
| Credit History |
63 | $2,148,000 |
$34,000 | $264,000 |
$47,000 | $198,000 |
| Debt-To-Income Ratio |
14 | $857,000 |
$61,000 | $293,000 |
$47,000 | $195,000 |
| Employment History |
6 | $509,000 |
$84,000 | $350,000 |
$92,000 | $300,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $49,000 |
$49,000 | $49,000 |
$26,000 | $26,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
19 | $909,000 |
$47,000 | $104,000 |
$41,000 | $96,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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