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| Location |
Henderson County NC
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 7,148 |
| Total Amount of All Mortgage Loans Applied For | $1,302,637,000 |
| Average Mortgage Loan Amount Applied For | $182,000 |
| Highest Mortgage Loan Amount Applied For | $2,800,000 |
| Average Applicant Income | $75,000 |
| Highest Applicant Income | $2,568,000 |
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| Home Improvement |
315 | $31,675,000 |
$100,000 | $863,000 |
$63,000 | $408,000 |
| Home Purchase |
2,455 | $468,005,000 |
$190,000 | $2,187,000 |
$81,000 | $2,100,000 |
| Refinancing |
4,378 | $802,957,000 |
$183,000 | $2,800,000 |
$73,000 | $2,568,000 |
|
| American Indian or Alaskan Native |
19 | $3,465,000 |
$182,000 | $878,000 |
$86,000 | $205,000 |
| Asian |
61 | $11,350,000 |
$186,000 | $500,000 |
$67,000 | $315,000 |
| Black or African American |
114 | $16,634,000 |
$145,000 | $262,000 |
$53,000 | $346,000 |
| Hispanic |
151 | $23,048,000 |
$152,000 | $640,000 |
$61,000 | $471,000 |
| Native Hawaiin or Other Pacific Islander |
8 | $1,268,000 |
$158,000 | $247,000 |
$61,000 | $121,000 |
| Not applicable |
717 | $139,399,000 |
$194,000 | $2,800,000 |
$33,000 | $2,100,000 |
| Not Provided |
685 | $130,817,000 |
$190,000 | $1,800,000 |
$83,000 | $1,600,000 |
| White |
5,393 | $976,656,000 |
$181,000 | $1,660,000 |
$81,000 | $2,568,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,008 | $1,112,655,000 |
$185,000 | $2,800,000 |
$80,000 | $2,568,000 |
| FHA-insured (Federal Housing Administration) |
999 | $165,577,000 |
$165,000 | $348,000 |
$53,000 | $440,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
74 | $11,365,000 |
$153,000 | $270,000 |
$34,000 | $78,000 |
| VA-guaranteed (Veterans Administration) |
67 | $13,040,000 |
$194,000 | $620,000 |
$51,000 | $200,000 |
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| Application Approved But Not Accepted |
300 | $52,729,000 |
$175,000 | $990,000 |
$86,000 | $1,667,000 |
| Application Denied By Financial Institution |
1,334 | $224,706,000 |
$168,000 | $1,060,000 |
$66,000 | $936,000 |
| Application Withdrawn By Applicant |
571 | $108,189,000 |
$189,000 | $1,800,000 |
$76,000 | $1,500,000 |
| File Closed For Incompleteness |
175 | $34,354,000 |
$196,000 | $900,000 |
$84,000 | $790,000 |
| Loan Originated |
3,402 | $623,819,000 |
$183,000 | $2,800,000 |
$85,000 | $2,568,000 |
| Loan Purchased By The Institution |
1,366 | $258,840,000 |
$189,000 | $1,283,000 |
$55,000 | $2,100,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
159 | $29,384,000 |
$184,000 | $640,000 |
$84,000 | $768,000 |
| Credit Application Incomplete |
75 | $14,159,000 |
$188,000 | $900,000 |
$86,000 | $446,000 |
| Credit History |
185 | $24,057,000 |
$130,000 | $611,000 |
$69,000 | $936,000 |
| Debt-To-Income Ratio |
223 | $42,354,000 |
$189,000 | $820,000 |
$49,000 | $180,000 |
| Employment History |
9 | $1,501,000 |
$166,000 | $294,000 |
$57,000 | $150,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
13 | $2,114,000 |
$162,000 | $390,000 |
$65,000 | $126,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
68 | $11,289,000 |
$166,000 | $720,000 |
$78,000 | $511,000 |
| Unverifiable Information |
23 | $5,190,000 |
$225,000 | $1,000,000 |
$91,000 | $480,000 |
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