|
| Location |
Jackson County NC
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 2,183 |
| Total Amount of All Mortgage Loans Applied For | $558,624,000 |
| Average Mortgage Loan Amount Applied For | $255,000 |
| Highest Mortgage Loan Amount Applied For | $9,500,000 |
| Average Applicant Income | $145,000 |
| Highest Applicant Income | $6,920,000 |
|
|
|
| Home Improvement |
117 | $14,018,000 |
$119,000 | $1,500,000 |
$138,000 | $6,920,000 |
| Home Purchase |
669 | $201,141,000 |
$300,000 | $9,500,000 |
$193,000 | $6,200,000 |
| Refinancing |
1,397 | $343,465,000 |
$245,000 | $2,100,000 |
$123,000 | $4,183,000 |
|
| American Indian or Alaskan Native |
37 | $6,019,000 |
$162,000 | $417,000 |
$78,000 | $200,000 |
| Asian |
9 | $1,470,000 |
$163,000 | $203,000 |
$102,000 | $176,000 |
| Black or African American |
11 | $1,587,000 |
$144,000 | $227,000 |
$58,000 | $121,000 |
| Hispanic |
34 | $9,448,000 |
$277,000 | $1,280,000 |
$139,000 | $484,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $646,000 |
$215,000 | $272,000 |
$78,000 | $140,000 |
| Not applicable |
222 | $82,013,000 |
$369,000 | $9,500,000 |
$56,000 | $1,640,000 |
| Not Provided |
208 | $59,589,000 |
$286,000 | $1,800,000 |
$246,000 | $4,736,000 |
| White |
1,659 | $397,852,000 |
$239,000 | $2,500,000 |
$147,000 | $6,920,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,988 | $527,563,000 |
$265,000 | $9,500,000 |
$155,000 | $6,920,000 |
| FHA-insured (Federal Housing Administration) |
153 | $24,531,000 |
$160,000 | $291,000 |
$45,000 | $171,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
27 | $4,073,000 |
$150,000 | $247,000 |
$29,000 | $72,000 |
| VA-guaranteed (Veterans Administration) |
15 | $2,457,000 |
$163,000 | $370,000 |
$71,000 | $335,000 |
|
| Application Approved But Not Accepted |
130 | $39,814,000 |
$306,000 | $1,775,000 |
$245,000 | $6,920,000 |
| Application Denied By Financial Institution |
389 | $73,876,000 |
$189,000 | $1,386,000 |
$89,000 | $1,980,000 |
| Application Withdrawn By Applicant |
198 | $54,476,000 |
$275,000 | $2,500,000 |
$156,000 | $5,010,000 |
| File Closed For Incompleteness |
60 | $13,082,000 |
$218,000 | $746,000 |
$110,000 | $600,000 |
| Loan Originated |
1,031 | $266,997,000 |
$258,000 | $9,500,000 |
$176,000 | $6,200,000 |
| Loan Purchased By The Institution |
375 | $110,379,000 |
$294,000 | $1,754,000 |
$86,000 | $1,640,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
54 | $12,956,000 |
$239,000 | $1,386,000 |
$156,000 | $1,510,000 |
| Credit Application Incomplete |
15 | $4,159,000 |
$277,000 | $1,110,000 |
$110,000 | $427,000 |
| Credit History |
52 | $5,144,000 |
$98,000 | $750,000 |
$52,000 | $341,000 |
| Debt-To-Income Ratio |
68 | $16,049,000 |
$236,000 | $1,360,000 |
$93,000 | $1,980,000 |
| Employment History |
3 | $334,000 |
$111,000 | $164,000 |
$37,000 | $41,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $1,271,000 |
$635,000 | $1,100,000 |
$230,000 | $420,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
24 | $5,055,000 |
$210,000 | $632,000 |
$135,000 | $941,000 |
| Unverifiable Information |
18 | $4,103,000 |
$227,000 | $1,030,000 |
$105,000 | $427,000 |
|
|