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| Location |
La Paz County AZ
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 481 |
| Total Amount of All Mortgage Loans Applied For | $82,374,000 |
| Average Mortgage Loan Amount Applied For | $171,000 |
| Highest Mortgage Loan Amount Applied For | $1,400,000 |
| Average Applicant Income | $85,000 |
| Highest Applicant Income | $1,200,000 |
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| Home Improvement |
50 | $5,498,000 |
$109,000 | $563,000 |
$80,000 | $576,000 |
| Home Purchase |
138 | $24,673,000 |
$178,000 | $780,000 |
$100,000 | $845,000 |
| Refinancing |
293 | $52,203,000 |
$178,000 | $1,400,000 |
$78,000 | $1,200,000 |
|
| American Indian or Alaskan Native |
10 | $989,000 |
$98,000 | $194,000 |
$50,000 | $144,000 |
| Asian |
1 | $60,000 |
$60,000 | $60,000 |
$26,000 | $26,000 |
| Black or African American |
10 | $2,244,000 |
$224,000 | $500,000 |
$80,000 | $184,000 |
| Hispanic |
56 | $9,758,000 |
$174,000 | $825,000 |
$84,000 | $576,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $398,000 |
$199,000 | $255,000 |
$24,000 | $48,000 |
| Not applicable |
23 | $5,180,000 |
$225,000 | $417,000 |
$19,000 | $180,000 |
| Not Provided |
65 | $10,418,000 |
$160,000 | $967,000 |
$96,000 | $1,055,000 |
| White |
314 | $53,327,000 |
$169,000 | $1,400,000 |
$89,000 | $1,200,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
394 | $68,681,000 |
$174,000 | $1,400,000 |
$92,000 | $1,200,000 |
| FHA-insured (Federal Housing Administration) |
76 | $11,896,000 |
$156,000 | $275,000 |
$50,000 | $200,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
11 | $1,797,000 |
$163,000 | $269,000 |
$52,000 | $86,000 |
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| Application Approved But Not Accepted |
34 | $7,507,000 |
$220,000 | $1,400,000 |
$112,000 | $408,000 |
| Application Denied By Financial Institution |
137 | $20,642,000 |
$150,000 | $728,000 |
$69,000 | $576,000 |
| Application Withdrawn By Applicant |
53 | $7,680,000 |
$144,000 | $825,000 |
$82,000 | $553,000 |
| File Closed For Incompleteness |
11 | $1,762,000 |
$160,000 | $417,000 |
$163,000 | $1,200,000 |
| Loan Originated |
191 | $33,011,000 |
$172,000 | $967,000 |
$101,000 | $1,055,000 |
| Loan Purchased By The Institution |
55 | $11,772,000 |
$214,000 | $1,056,000 |
$40,000 | $180,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
23 | $3,984,000 |
$173,000 | $455,000 |
$78,000 | $326,000 |
| Credit Application Incomplete |
3 | $573,000 |
$191,000 | $246,000 |
$71,000 | $77,000 |
| Credit History |
32 | $2,699,000 |
$84,000 | $285,000 |
$64,000 | $576,000 |
| Debt-To-Income Ratio |
18 | $3,245,000 |
$180,000 | $560,000 |
$55,000 | $184,000 |
| Employment History |
1 | $333,000 |
$333,000 | $333,000 |
$70,000 | $70,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $793,000 |
$198,000 | $563,000 |
$85,000 | $151,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
10 | $1,527,000 |
$152,000 | $520,000 |
$91,000 | $463,000 |
| Unverifiable Information |
3 | $700,000 |
$233,000 | $280,000 |
$172,000 | $350,000 |
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