|
| Location |
Hale County TX
• Apply Here |
| Year | 2004 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,788 |
| Total Amount of All Mortgage Loans Applied For | $98,045,000 |
| Average Mortgage Loan Amount Applied For | $54,000 |
| Highest Mortgage Loan Amount Applied For | $281,000 |
| Average Applicant Income | $50,000 |
| Highest Applicant Income | $1,800,000 |
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|
| Home Improvement |
318 | $6,758,000 |
$21,000 | $141,000 |
$45,000 | $182,000 |
| Home Purchase |
605 | $39,724,000 |
$65,000 | $280,000 |
$49,000 | $1,161,000 |
| Refinancing |
865 | $51,563,000 |
$59,000 | $281,000 |
$52,000 | $1,800,000 |
|
| American Indian or Alaskan Native |
16 | $747,000 |
$46,000 | $113,000 |
$52,000 | $241,000 |
| Asian |
1 | $95,000 |
$95,000 | $95,000 |
$66,000 | $66,000 |
| Black or African American |
51 | $1,910,000 |
$37,000 | $161,000 |
$36,000 | $137,000 |
| Hispanic |
659 | $26,196,000 |
$39,000 | $281,000 |
$39,000 | $1,800,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $170,000 |
$85,000 | $112,000 |
$45,000 | $66,000 |
| Not applicable |
148 | $9,703,000 |
$65,000 | $281,000 |
$11,000 | $221,000 |
| Not Provided |
199 | $12,270,000 |
$61,000 | $204,000 |
$50,000 | $1,200,000 |
| White |
712 | $46,954,000 |
$65,000 | $280,000 |
$64,000 | $1,161,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,467 | $75,842,000 |
$51,000 | $281,000 |
$55,000 | $1,800,000 |
| FHA-insured (Federal Housing Administration) |
285 | $19,441,000 |
$68,000 | $159,000 |
$30,000 | $147,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
36 | $2,762,000 |
$76,000 | $281,000 |
$25,000 | $221,000 |
|
| Application Approved But Not Accepted |
80 | $4,215,000 |
$52,000 | $240,000 |
$56,000 | $250,000 |
| Application Denied By Financial Institution |
575 | $22,797,000 |
$39,000 | $212,000 |
$48,000 | $1,200,000 |
| Application Withdrawn By Applicant |
209 | $12,130,000 |
$58,000 | $164,000 |
$46,000 | $160,000 |
| File Closed For Incompleteness |
69 | $5,182,000 |
$75,000 | $204,000 |
$57,000 | $1,800,000 |
| Loan Originated |
622 | $37,530,000 |
$60,000 | $281,000 |
$59,000 | $1,161,000 |
| Loan Purchased By The Institution |
233 | $16,191,000 |
$69,000 | $281,000 |
$24,000 | $221,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
44 | $2,196,000 |
$49,000 | $165,000 |
$49,000 | $160,000 |
| Credit Application Incomplete |
51 | $2,094,000 |
$41,000 | $124,000 |
$47,000 | $98,000 |
| Credit History |
200 | $6,226,000 |
$31,000 | $120,000 |
$50,000 | $272,000 |
| Debt-To-Income Ratio |
41 | $1,712,000 |
$41,000 | $170,000 |
$28,000 | $72,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $67,000 |
$33,000 | $37,000 |
$49,000 | $76,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
108 | $5,464,000 |
$50,000 | $212,000 |
$52,000 | $1,200,000 |
| Unverifiable Information |
4 | $183,000 |
$45,000 | $69,000 |
$39,000 | $51,000 |
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