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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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NORTHWEST FARM CREDIT SERVICES
Mortgage Loans and Application Details
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| Mortgage Company Name |
NORTHWEST FARM CREDIT SERVICES |
| Address | 1700 S. ASSEMBLY STREET
SPOKANE, WA 99220 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 697 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $264,831,000 |
| Average Mortgage Loan Amount Applied For | $392,218 |
| Highest Mortgage Loan Amount Applied For | $8,850,000 |
| Average Applicant Income | $147,854 |
| Highest Applicant Income | $2,855,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
413 | $129,708,000 |
$314,000 | $3,300,000 |
$129,000 | $1,532,000 |
| Refinancing |
326 | $144,692,000 |
$443,000 | $8,850,000 |
$146,000 | $2,855,000 |
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| American Indian or Alaskan Native |
2 | $786,000 |
$393,000 | $520,000 |
$355,000 | $634,000 |
| Asian |
3 | $1,011,000 |
$337,000 | $417,000 |
$178,000 | $343,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
10 | $2,787,000 |
$278,000 | $580,000 |
$109,000 | $344,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
26 | $40,615,000 |
$1,562,000 | $8,850,000 |
$0 | $0 |
| Not Provided |
157 | $56,493,000 |
$359,000 | $8,350,000 |
$153,000 | $2,790,000 |
| White |
541 | $172,708,000 |
$319,000 | $3,325,000 |
$137,000 | $2,855,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
739 | $274,400,000 |
$371,000 | $8,850,000 |
$136,000 | $2,855,000 |
| 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 |
117 | $35,836,000 |
$306,000 | $1,100,000 |
$133,000 | $1,242,000 |
| Application Denied By Financial Institution |
156 | $43,773,000 |
$280,000 | $2,004,000 |
$70,000 | $448,000 |
| Application Withdrawn By Applicant |
112 | $33,627,000 |
$300,000 | $2,220,000 |
$114,000 | $1,532,000 |
| File Closed For Incompleteness |
9 | $1,810,000 |
$201,000 | $514,000 |
$64,000 | $173,000 |
| Loan Originated |
345 | $159,354,000 |
$461,000 | $8,850,000 |
$176,000 | $2,855,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
7 | $1,422,000 |
$203,000 | $630,000 |
$77,000 | $234,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
40 | $7,067,000 |
$176,000 | $498,000 |
$60,000 | $306,000 |
| Debt-To-Income Ratio |
98 | $32,036,000 |
$326,000 | $2,004,000 |
$72,000 | $448,000 |
| Employment History |
1 | $389,000 |
$389,000 | $389,000 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $1,176,000 |
$294,000 | $370,000 |
$56,000 | $92,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $1,683,000 |
$280,000 | $490,000 |
$122,000 | $211,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for NORTHWEST FARM CREDIT SERVICES by:
Metropolitan Area And
County
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