|
| Location |
Lamoille County VT
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,777 |
| Total Amount of All Mortgage Loans Applied For | $341,846,000 |
| Average Mortgage Loan Amount Applied For | $192,000 |
| Highest Mortgage Loan Amount Applied For | $1,789,000 |
| Average Applicant Income | $118,000 |
| Highest Applicant Income | $4,749,000 |
|
|
|
| Home Improvement |
249 | $16,807,000 |
$67,000 | $586,000 |
$65,000 | $413,000 |
| Home Purchase |
456 | $122,281,000 |
$268,000 | $1,789,000 |
$203,000 | $2,734,000 |
| Refinancing |
1,072 | $202,758,000 |
$189,000 | $1,787,000 |
$94,000 | $4,749,000 |
|
| American Indian or Alaskan Native |
5 | $408,000 |
$81,000 | $143,000 |
$72,000 | $176,000 |
| Asian |
4 | $1,012,000 |
$253,000 | $408,000 |
$138,000 | $226,000 |
| Black or African American |
4 | $998,000 |
$249,000 | $417,000 |
$134,000 | $222,000 |
| Hispanic |
8 | $2,638,000 |
$329,000 | $1,215,000 |
$257,000 | $901,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $473,000 |
$236,000 | $267,000 |
$132,000 | $150,000 |
| Not applicable |
112 | $25,218,000 |
$225,000 | $1,789,000 |
$40,000 | $807,000 |
| Not Provided |
189 | $44,143,000 |
$233,000 | $1,214,000 |
$169,000 | $2,640,000 |
| White |
1,453 | $266,956,000 |
$183,000 | $1,787,000 |
$117,000 | $4,749,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,618 | $315,098,000 |
$194,000 | $1,789,000 |
$124,000 | $4,749,000 |
| FHA-insured (Federal Housing Administration) |
136 | $23,041,000 |
$169,000 | $276,000 |
$61,000 | $350,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
11 | $1,599,000 |
$145,000 | $182,000 |
$43,000 | $60,000 |
| VA-guaranteed (Veterans Administration) |
12 | $2,108,000 |
$175,000 | $281,000 |
$61,000 | $107,000 |
|
| Application Approved But Not Accepted |
107 | $20,524,000 |
$191,000 | $1,000,000 |
$124,000 | $612,000 |
| Application Denied By Financial Institution |
352 | $69,661,000 |
$197,000 | $1,787,000 |
$114,000 | $2,734,000 |
| Application Withdrawn By Applicant |
132 | $24,826,000 |
$188,000 | $1,215,000 |
$88,000 | $660,000 |
| File Closed For Incompleteness |
30 | $5,126,000 |
$170,000 | $980,000 |
$95,000 | $875,000 |
| Loan Originated |
947 | $174,038,000 |
$183,000 | $1,789,000 |
$132,000 | $4,749,000 |
| Loan Purchased By The Institution |
208 | $47,471,000 |
$228,000 | $1,396,000 |
$84,000 | $1,327,000 |
| Preapproval Approved but not Accepted |
1 | $200,000 |
$200,000 | $200,000 |
$60,000 | $60,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
54 | $15,076,000 |
$279,000 | $1,787,000 |
$165,000 | $1,320,000 |
| Credit Application Incomplete |
11 | $2,265,000 |
$205,000 | $331,000 |
$108,000 | $400,000 |
| Credit History |
44 | $6,442,000 |
$146,000 | $500,000 |
$94,000 | $542,000 |
| Debt-To-Income Ratio |
67 | $11,533,000 |
$172,000 | $1,075,000 |
$67,000 | $730,000 |
| Employment History |
3 | $506,000 |
$168,000 | $385,000 |
$64,000 | $67,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $658,000 |
$329,000 | $350,000 |
$232,000 | $330,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
31 | $8,207,000 |
$264,000 | $1,000,000 |
$183,000 | $1,200,000 |
| Unverifiable Information |
4 | $1,374,000 |
$343,000 | $1,050,000 |
$123,000 | $332,000 |
|
|