|
| Location |
Iroquois County IL
• Apply Here |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Applications | 1,477 |
| Total Amount of All Mortgage Loans Applied For | $138,670,000 |
| Average Mortgage Loan Amount Applied For | $93,000 |
| Highest Mortgage Loan Amount Applied For | $830,000 |
| Average Applicant Income | $60,000 |
| Highest Applicant Income | $1,699,000 |
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| Home Improvement |
202 | $10,832,000 |
$53,000 | $225,000 |
$62,000 | $718,000 |
| Home Purchase |
536 | $51,979,000 |
$96,000 | $830,000 |
$57,000 | $1,699,000 |
| Refinancing |
739 | $75,859,000 |
$102,000 | $324,000 |
$61,000 | $469,000 |
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|
| American Indian or Alaskan Native |
7 | $478,000 |
$68,000 | $132,000 |
$40,000 | $95,000 |
| Asian |
2 | $234,000 |
$117,000 | $162,000 |
$193,000 | $221,000 |
| Black or African American |
25 | $2,400,000 |
$96,000 | $245,000 |
$57,000 | $133,000 |
| Hispanic |
59 | $3,830,000 |
$64,000 | $223,000 |
$42,000 | $102,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $92,000 |
$92,000 | $92,000 |
$89,000 | $89,000 |
| Not applicable |
111 | $12,040,000 |
$108,000 | $324,000 |
$16,000 | $468,000 |
| Not Provided |
159 | $15,007,000 |
$94,000 | $304,000 |
$61,000 | $384,000 |
| White |
1,113 | $104,589,000 |
$93,000 | $830,000 |
$65,000 | $1,699,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,354 | $126,980,000 |
$93,000 | $830,000 |
$62,000 | $1,699,000 |
| FHA-insured (Federal Housing Administration) |
69 | $6,869,000 |
$99,000 | $194,000 |
$40,000 | $141,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
37 | $2,746,000 |
$74,000 | $121,000 |
$26,000 | $53,000 |
| VA-guaranteed (Veterans Administration) |
17 | $2,075,000 |
$122,000 | $225,000 |
$38,000 | $91,000 |
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|
| Application Approved But Not Accepted |
85 | $8,068,000 |
$94,000 | $382,000 |
$62,000 | $230,000 |
| Application Denied By Financial Institution |
361 | $31,426,000 |
$87,000 | $257,000 |
$53,000 | $295,000 |
| Application Withdrawn By Applicant |
132 | $14,348,000 |
$108,000 | $417,000 |
$81,000 | $1,699,000 |
| File Closed For Incompleteness |
29 | $2,756,000 |
$95,000 | $190,000 |
$62,000 | $158,000 |
| Loan Originated |
671 | $59,170,000 |
$88,000 | $830,000 |
$64,000 | $718,000 |
| Loan Purchased By The Institution |
199 | $22,902,000 |
$115,000 | $324,000 |
$44,000 | $469,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
49 | $5,750,000 |
$117,000 | $257,000 |
$68,000 | $250,000 |
| Credit Application Incomplete |
16 | $1,735,000 |
$108,000 | $208,000 |
$55,000 | $111,000 |
| Credit History |
68 | $4,446,000 |
$65,000 | $242,000 |
$52,000 | $288,000 |
| Debt-To-Income Ratio |
35 | $3,053,000 |
$87,000 | $205,000 |
$32,000 | $73,000 |
| Employment History |
4 | $269,000 |
$67,000 | $100,000 |
$34,000 | $43,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $187,000 |
$62,000 | $84,000 |
$29,000 | $48,000 |
| Mortgage Insurance Denied |
1 | $17,000 |
$17,000 | $17,000 |
$47,000 | $47,000 |
| Other |
19 | $1,561,000 |
$82,000 | $190,000 |
$64,000 | $215,000 |
| Unverifiable Information |
3 | $287,000 |
$95,000 | $113,000 |
$57,000 | $81,000 |
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