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| Location |
Laurens County SC
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 2,804 |
| Total Amount of All Mortgage Loans Applied For | $295,546,000 |
| Average Mortgage Loan Amount Applied For | $105,000 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $61,000 |
| Highest Applicant Income | $5,064,000 |
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| Home Improvement |
233 | $11,848,000 |
$50,000 | $352,000 |
$53,000 | $323,000 |
| Home Purchase |
878 | $95,114,000 |
$108,000 | $1,000,000 |
$56,000 | $540,000 |
| Refinancing |
1,693 | $188,584,000 |
$111,000 | $650,000 |
$65,000 | $5,064,000 |
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| American Indian or Alaskan Native |
6 | $376,000 |
$62,000 | $91,000 |
$37,000 | $60,000 |
| Asian |
2 | $629,000 |
$314,000 | $600,000 |
$106,000 | $135,000 |
| Black or African American |
415 | $31,296,000 |
$75,000 | $253,000 |
$44,000 | $266,000 |
| Hispanic |
52 | $5,545,000 |
$106,000 | $269,000 |
$51,000 | $155,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $436,000 |
$145,000 | $211,000 |
$118,000 | $200,000 |
| Not applicable |
201 | $22,117,000 |
$110,000 | $650,000 |
$15,000 | $173,000 |
| Not Provided |
250 | $27,168,000 |
$108,000 | $417,000 |
$58,000 | $353,000 |
| White |
1,875 | $207,979,000 |
$110,000 | $1,000,000 |
$71,000 | $5,064,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,156 | $220,595,000 |
$102,000 | $1,000,000 |
$66,000 | $5,064,000 |
| FHA-insured (Federal Housing Administration) |
587 | $68,283,000 |
$116,000 | $365,000 |
$49,000 | $266,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
30 | $2,996,000 |
$99,000 | $235,000 |
$29,000 | $76,000 |
| VA-guaranteed (Veterans Administration) |
31 | $3,672,000 |
$118,000 | $203,000 |
$36,000 | $93,000 |
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| Application Approved But Not Accepted |
161 | $16,924,000 |
$105,000 | $1,000,000 |
$67,000 | $540,000 |
| Application Denied By Financial Institution |
861 | $79,788,000 |
$92,000 | $650,000 |
$50,000 | $480,000 |
| Application Withdrawn By Applicant |
243 | $29,060,000 |
$119,000 | $415,000 |
$62,000 | $300,000 |
| File Closed For Incompleteness |
73 | $9,216,000 |
$126,000 | $325,000 |
$65,000 | $226,000 |
| Loan Originated |
1,141 | $121,698,000 |
$106,000 | $497,000 |
$76,000 | $5,064,000 |
| Loan Purchased By The Institution |
325 | $38,860,000 |
$119,000 | $417,000 |
$37,000 | $230,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
110 | $11,500,000 |
$104,000 | $417,000 |
$61,000 | $238,000 |
| Credit Application Incomplete |
32 | $3,129,000 |
$97,000 | $280,000 |
$58,000 | $180,000 |
| Credit History |
171 | $12,781,000 |
$74,000 | $650,000 |
$46,000 | $200,000 |
| Debt-To-Income Ratio |
66 | $8,106,000 |
$122,000 | $650,000 |
$36,000 | $123,000 |
| Employment History |
3 | $141,000 |
$47,000 | $64,000 |
$19,000 | $31,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
6 | $708,000 |
$118,000 | $209,000 |
$66,000 | $150,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
40 | $4,723,000 |
$118,000 | $366,000 |
$63,000 | $240,000 |
| Unverifiable Information |
12 | $1,601,000 |
$133,000 | $328,000 |
$74,000 | $161,000 |
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