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| Location |
Hubbard County MN
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 882 |
| Total Amount of All Mortgage Loans Applied For | $135,464,000 |
| Average Mortgage Loan Amount Applied For | $153,000 |
| Highest Mortgage Loan Amount Applied For | $3,360,000 |
| Average Applicant Income | $80,000 |
| Highest Applicant Income | $1,260,000 |
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| Home Improvement |
94 | $9,061,000 |
$96,000 | $3,360,000 |
$60,000 | $295,000 |
| Home Purchase |
206 | $32,491,000 |
$157,000 | $752,000 |
$88,000 | $1,260,000 |
| Refinancing |
582 | $93,912,000 |
$161,000 | $1,000,000 |
$80,000 | $1,041,000 |
|
| American Indian or Alaskan Native |
11 | $1,470,000 |
$133,000 | $332,000 |
$89,000 | $195,000 |
| Asian |
1 | $86,000 |
$86,000 | $86,000 |
$93,000 | $93,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
4 | $1,028,000 |
$257,000 | $350,000 |
$81,000 | $97,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
60 | $17,086,000 |
$284,000 | $3,360,000 |
$44,000 | $1,041,000 |
| Not Provided |
66 | $9,085,000 |
$137,000 | $416,000 |
$70,000 | $322,000 |
| White |
740 | $106,709,000 |
$144,000 | $1,000,000 |
$84,000 | $1,260,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
770 | $118,599,000 |
$154,000 | $3,360,000 |
$85,000 | $1,260,000 |
| FHA-insured (Federal Housing Administration) |
84 | $12,148,000 |
$144,000 | $262,000 |
$49,000 | $110,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
17 | $2,778,000 |
$163,000 | $935,000 |
$40,000 | $120,000 |
| VA-guaranteed (Veterans Administration) |
11 | $1,939,000 |
$176,000 | $405,000 |
$38,000 | $123,000 |
|
| Application Approved But Not Accepted |
48 | $7,135,000 |
$148,000 | $417,000 |
$61,000 | $324,000 |
| Application Denied By Financial Institution |
184 | $25,249,000 |
$137,000 | $460,000 |
$61,000 | $800,000 |
| Application Withdrawn By Applicant |
89 | $12,983,000 |
$145,000 | $417,000 |
$89,000 | $951,000 |
| File Closed For Incompleteness |
6 | $1,130,000 |
$188,000 | $406,000 |
$74,000 | $129,000 |
| Loan Originated |
458 | $71,264,000 |
$155,000 | $3,360,000 |
$93,000 | $1,260,000 |
| Loan Purchased By The Institution |
97 | $17,703,000 |
$182,000 | $768,000 |
$54,000 | $1,041,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
24 | $3,360,000 |
$140,000 | $233,000 |
$93,000 | $800,000 |
| Credit Application Incomplete |
4 | $548,000 |
$137,000 | $226,000 |
$42,000 | $80,000 |
| Credit History |
35 | $4,470,000 |
$127,000 | $338,000 |
$53,000 | $132,000 |
| Debt-To-Income Ratio |
18 | $1,996,000 |
$110,000 | $340,000 |
$39,000 | $87,000 |
| Employment History |
2 | $238,000 |
$119,000 | $165,000 |
$23,000 | $25,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $150,000 |
$150,000 | $150,000 |
$25,000 | $25,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
12 | $1,589,000 |
$132,000 | $263,000 |
$79,000 | $198,000 |
| Unverifiable Information |
2 | $286,000 |
$143,000 | $186,000 |
$62,000 | $92,000 |
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