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| Location |
Lee County AR
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 145 |
| Total Amount of All Mortgage Loans Applied For | $9,410,000 |
| Average Mortgage Loan Amount Applied For | $64,000 |
| Highest Mortgage Loan Amount Applied For | $428,000 |
| Average Applicant Income | $79,000 |
| Highest Applicant Income | $1,834,000 |
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| Home Improvement |
27 | $261,000 |
$9,000 | $35,000 |
$49,000 | $353,000 |
| Home Purchase |
54 | $3,320,000 |
$61,000 | $209,000 |
$112,000 | $1,834,000 |
| Refinancing |
64 | $5,829,000 |
$91,000 | $428,000 |
$64,000 | $282,000 |
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
57 | $2,994,000 |
$52,000 | $392,000 |
$57,000 | $353,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
15 | $1,558,000 |
$103,000 | $428,000 |
$186,000 | $1,834,000 |
| Not Provided |
13 | $486,000 |
$37,000 | $280,000 |
$64,000 | $186,000 |
| White |
60 | $4,372,000 |
$72,000 | $264,000 |
$77,000 | $1,117,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
98 | $5,940,000 |
$60,000 | $428,000 |
$97,000 | $1,834,000 |
| FHA-insured (Federal Housing Administration) |
38 | $2,871,000 |
$75,000 | $211,000 |
$49,000 | $103,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
9 | $599,000 |
$66,000 | $86,000 |
$11,000 | $47,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Application Approved But Not Accepted |
3 | $333,000 |
$111,000 | $209,000 |
$94,000 | $110,000 |
| Application Denied By Financial Institution |
37 | $2,142,000 |
$57,000 | $280,000 |
$79,000 | $1,117,000 |
| Application Withdrawn By Applicant |
8 | $822,000 |
$102,000 | $392,000 |
$57,000 | $199,000 |
| File Closed For Incompleteness |
1 | $76,000 |
$76,000 | $76,000 |
$31,000 | $31,000 |
| Loan Originated |
70 | $4,162,000 |
$59,000 | $428,000 |
$97,000 | $1,834,000 |
| Loan Purchased By The Institution |
26 | $1,875,000 |
$72,000 | $264,000 |
$39,000 | $116,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
4 | $414,000 |
$103,000 | $280,000 |
$85,000 | $186,000 |
| Credit Application Incomplete |
3 | $324,000 |
$108,000 | $211,000 |
$70,000 | $90,000 |
| Credit History |
12 | $369,000 |
$30,000 | $94,000 |
$38,000 | $61,000 |
| Debt-To-Income Ratio |
3 | $123,000 |
$41,000 | $57,000 |
$38,000 | $44,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $50,000 |
$50,000 | $50,000 |
$9,000 | $9,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $63,000 |
$63,000 | $63,000 |
$1,117,000 | $1,117,000 |
| Unverifiable Information |
1 | $54,000 |
$54,000 | $54,000 |
$38,000 | $38,000 |
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