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| Location |
Grayson County KY
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,165 |
| Total Amount of All Mortgage Loans Applied For | $107,372,000 |
| Average Mortgage Loan Amount Applied For | $92,000 |
| Highest Mortgage Loan Amount Applied For | $1,425,000 |
| Average Applicant Income | $59,000 |
| Highest Applicant Income | $1,074,000 |
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| Home Improvement |
146 | $5,513,000 |
$37,000 | $417,000 |
$55,000 | $325,000 |
| Home Purchase |
340 | $30,534,000 |
$89,000 | $349,000 |
$65,000 | $1,074,000 |
| Refinancing |
679 | $71,325,000 |
$105,000 | $1,425,000 |
$57,000 | $597,000 |
|
| American Indian or Alaskan Native |
5 | $354,000 |
$70,000 | $108,000 |
$64,000 | $139,000 |
| Asian |
1 | $2,000 |
$2,000 | $2,000 |
$10,000 | $10,000 |
| Black or African American |
5 | $613,000 |
$122,000 | $258,000 |
$74,000 | $130,000 |
| Hispanic |
1 | $19,000 |
$19,000 | $19,000 |
$54,000 | $54,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
56 | $6,185,000 |
$110,000 | $807,000 |
$8,000 | $202,000 |
| Not Provided |
104 | $10,877,000 |
$104,000 | $349,000 |
$66,000 | $1,074,000 |
| White |
993 | $89,322,000 |
$89,000 | $1,425,000 |
$61,000 | $700,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
972 | $87,159,000 |
$89,000 | $1,425,000 |
$62,000 | $1,074,000 |
| FHA-insured (Federal Housing Administration) |
169 | $17,420,000 |
$103,000 | $276,000 |
$45,000 | $250,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
11 | $826,000 |
$75,000 | $137,000 |
$26,000 | $49,000 |
| VA-guaranteed (Veterans Administration) |
13 | $1,967,000 |
$151,000 | $250,000 |
$59,000 | $162,000 |
|
| Application Approved But Not Accepted |
54 | $5,384,000 |
$99,000 | $415,000 |
$60,000 | $251,000 |
| Application Denied By Financial Institution |
349 | $33,861,000 |
$97,000 | $533,000 |
$56,000 | $1,074,000 |
| Application Withdrawn By Applicant |
96 | $9,846,000 |
$102,000 | $313,000 |
$52,000 | $225,000 |
| File Closed For Incompleteness |
12 | $999,000 |
$83,000 | $144,000 |
$34,000 | $82,000 |
| Loan Originated |
558 | $47,558,000 |
$85,000 | $1,425,000 |
$66,000 | $700,000 |
| Loan Purchased By The Institution |
96 | $9,724,000 |
$101,000 | $250,000 |
$35,000 | $250,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
48 | $6,179,000 |
$128,000 | $417,000 |
$91,000 | $1,074,000 |
| Credit Application Incomplete |
13 | $1,528,000 |
$117,000 | $258,000 |
$70,000 | $180,000 |
| Credit History |
67 | $4,048,000 |
$60,000 | $230,000 |
$49,000 | $342,000 |
| Debt-To-Income Ratio |
24 | $2,625,000 |
$109,000 | $351,000 |
$32,000 | $106,000 |
| Employment History |
3 | $197,000 |
$65,000 | $85,000 |
$26,000 | $45,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $204,000 |
$68,000 | $84,000 |
$41,000 | $44,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
14 | $1,107,000 |
$79,000 | $180,000 |
$53,000 | $219,000 |
| Unverifiable Information |
3 | $440,000 |
$146,000 | $248,000 |
$50,000 | $82,000 |
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