| $3,446,236,491 in Mortgage Loans Applied for in 2008 from 17,391,570 Applications |
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Grant County MN
Mortgage Loan Application
Totals and Details
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| Location |
Grant County MN
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 207 |
| Total Amount of All Mortgage Loans Applied For | $20,563,000 |
| Average Mortgage Loan Amount Applied For | $99,000 |
| Highest Mortgage Loan Amount Applied For | $495,000 |
| Average Applicant Income | $53,000 |
| Highest Applicant Income | $403,000 |
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| Home Improvement |
24 | $917,000 |
$38,000 | $97,000 |
$52,000 | $84,000 |
| Home Purchase |
57 | $5,199,000 |
$91,000 | $240,000 |
$45,000 | $185,000 |
| Refinancing |
126 | $14,447,000 |
$114,000 | $495,000 |
$57,000 | $403,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
2 | $139,000 |
$69,000 | $125,000 |
$57,000 | $84,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $156,000 |
$78,000 | $140,000 |
$55,000 | $69,000 |
| Not applicable |
18 | $1,771,000 |
$98,000 | $204,000 |
$26,000 | $85,000 |
| Not Provided |
15 | $1,873,000 |
$124,000 | $240,000 |
$60,000 | $185,000 |
| White |
170 | $16,624,000 |
$97,000 | $495,000 |
$56,000 | $403,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
163 | $15,456,000 |
$94,000 | $495,000 |
$57,000 | $403,000 |
| FHA-insured (Federal Housing Administration) |
32 | $3,790,000 |
$118,000 | $231,000 |
$42,000 | $85,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
10 | $968,000 |
$96,000 | $158,000 |
$25,000 | $58,000 |
| VA-guaranteed (Veterans Administration) |
2 | $349,000 |
$174,000 | $240,000 |
$101,000 | $125,000 |
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| Application Approved But Not Accepted |
8 | $775,000 |
$96,000 | $209,000 |
$53,000 | $110,000 |
| Application Denied By Financial Institution |
32 | $2,664,000 |
$83,000 | $237,000 |
$42,000 | $77,000 |
| Application Withdrawn By Applicant |
12 | $1,543,000 |
$128,000 | $240,000 |
$60,000 | $185,000 |
| File Closed For Incompleteness |
7 | $906,000 |
$129,000 | $203,000 |
$63,000 | $108,000 |
| Loan Originated |
114 | $10,822,000 |
$94,000 | $495,000 |
$58,000 | $403,000 |
| Loan Purchased By The Institution |
34 | $3,853,000 |
$113,000 | $226,000 |
$43,000 | $185,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
5 | $597,000 |
$119,000 | $237,000 |
$40,000 | $65,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $400,000 |
$66,000 | $124,000 |
$44,000 | $72,000 |
| Debt-To-Income Ratio |
3 | $142,000 |
$47,000 | $96,000 |
$25,000 | $33,000 |
| Employment History |
1 | $115,000 |
$115,000 | $115,000 |
$31,000 | $31,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $59,000 |
$29,000 | $40,000 |
$48,000 | $77,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Companies for
Grant County MN in 2008
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