|
| Location |
Iroquois County IL
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,022 |
| Total Amount of All Mortgage Loans Applied For | $97,462,000 |
| Average Mortgage Loan Amount Applied For | $95,000 |
| Highest Mortgage Loan Amount Applied For | $380,000 |
| Average Applicant Income | $59,000 |
| Highest Applicant Income | $914,000 |
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| Home Improvement |
174 | $9,171,000 |
$52,000 | $242,000 |
$59,000 | $188,000 |
| Home Purchase |
310 | $28,968,000 |
$93,000 | $304,000 |
$55,000 | $914,000 |
| Refinancing |
538 | $59,323,000 |
$110,000 | $380,000 |
$62,000 | $398,000 |
|
| American Indian or Alaskan Native |
1 | $52,000 |
$52,000 | $52,000 |
$15,000 | $15,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
9 | $884,000 |
$98,000 | $145,000 |
$48,000 | $91,000 |
| Hispanic |
34 | $2,810,000 |
$82,000 | $234,000 |
$59,000 | $302,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $359,000 |
$119,000 | $178,000 |
$171,000 | $257,000 |
| Not applicable |
55 | $5,361,000 |
$97,000 | $243,000 |
$13,000 | $143,000 |
| Not Provided |
53 | $4,882,000 |
$92,000 | $380,000 |
$53,000 | $260,000 |
| White |
867 | $83,114,000 |
$95,000 | $380,000 |
$62,000 | $914,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
814 | $74,676,000 |
$91,000 | $380,000 |
$63,000 | $914,000 |
| FHA-insured (Federal Housing Administration) |
163 | $18,399,000 |
$112,000 | $257,000 |
$50,000 | $124,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
34 | $2,913,000 |
$85,000 | $144,000 |
$27,000 | $78,000 |
| VA-guaranteed (Veterans Administration) |
11 | $1,474,000 |
$134,000 | $232,000 |
$52,000 | $92,000 |
|
| Application Approved But Not Accepted |
38 | $3,750,000 |
$98,000 | $380,000 |
$69,000 | $260,000 |
| Application Denied By Financial Institution |
241 | $23,677,000 |
$98,000 | $380,000 |
$54,000 | $208,000 |
| Application Withdrawn By Applicant |
83 | $7,901,000 |
$95,000 | $250,000 |
$58,000 | $204,000 |
| File Closed For Incompleteness |
10 | $1,149,000 |
$114,000 | $246,000 |
$79,000 | $302,000 |
| Loan Originated |
538 | $49,039,000 |
$91,000 | $380,000 |
$65,000 | $914,000 |
| Loan Purchased By The Institution |
112 | $11,946,000 |
$106,000 | $243,000 |
$37,000 | $123,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
32 | $3,850,000 |
$120,000 | $380,000 |
$67,000 | $208,000 |
| Credit Application Incomplete |
10 | $1,553,000 |
$155,000 | $340,000 |
$63,000 | $93,000 |
| Credit History |
39 | $2,357,000 |
$60,000 | $257,000 |
$52,000 | $181,000 |
| Debt-To-Income Ratio |
25 | $2,248,000 |
$89,000 | $277,000 |
$42,000 | $87,000 |
| Employment History |
2 | $113,000 |
$56,000 | $103,000 |
$48,000 | $50,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $94,000 |
$94,000 | $94,000 |
$32,000 | $32,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $130,000 |
$43,000 | $60,000 |
$26,000 | $31,000 |
| Unverifiable Information |
2 | $88,000 |
$44,000 | $52,000 |
$24,000 | $25,000 |
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