| $3,446,236,491 in Mortgage Loans Applied for in 2008 from 17,391,570 Applications |
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FARM CREDIT SERVICES
Mortgage Loans and Application Details
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| Mortgage Company Name |
FARM CREDIT SERVICES |
| Address | P.O. BOX 1089
WAUSAU, WI 54402 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 20 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,238,000 |
| Average Mortgage Loan Amount Applied For | $211,000 |
| Highest Mortgage Loan Amount Applied For | $651,000 |
| Average Applicant Income | $123,000 |
| Highest Applicant Income | $408,000 |
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| Home Improvement |
3 | $437,000 |
$145,000 | $252,000 |
$91,000 | $124,000 |
| Home Purchase |
44 | $7,131,000 |
$162,000 | $400,000 |
$78,000 | $520,000 |
| Refinancing |
34 | $6,449,000 |
$189,000 | $651,000 |
$132,000 | $488,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
81 | $14,017,000 |
$173,000 | $651,000 |
$101,000 | $520,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
81 | $14,017,000 |
$173,000 | $651,000 |
$101,000 | $520,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
1 | $84,000 |
$84,000 | $84,000 |
$41,000 | $41,000 |
| Application Denied By Financial Institution |
2 | $420,000 |
$210,000 | $340,000 |
$90,000 | $125,000 |
| Application Withdrawn By Applicant |
6 | $895,000 |
$149,000 | $320,000 |
$62,000 | $94,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
71 | $12,467,000 |
$175,000 | $651,000 |
$107,000 | $520,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $151,000 |
$151,000 | $151,000 |
$40,000 | $40,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
1 | $340,000 |
$340,000 | $340,000 |
$125,000 | $125,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $80,000 |
$80,000 | $80,000 |
$55,000 | $55,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan Application Totals for FARM CREDIT SERVICES by:
Metropolitan Area And
County
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