|
| Location |
Lincoln County OK
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,726 |
| Total Amount of All Mortgage Loans Applied For | $135,513,000 |
| Average Mortgage Loan Amount Applied For | $78,000 |
| Highest Mortgage Loan Amount Applied For | $750,000 |
| Average Applicant Income | $59,000 |
| Highest Applicant Income | $997,000 |
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| Home Improvement |
278 | $9,000,000 |
$32,000 | $278,000 |
$61,000 | $370,000 |
| Home Purchase |
651 | $55,695,000 |
$85,000 | $399,000 |
$58,000 | $997,000 |
| Refinancing |
797 | $70,818,000 |
$88,000 | $750,000 |
$60,000 | $509,000 |
|
| American Indian or Alaskan Native |
72 | $4,903,000 |
$68,000 | $248,000 |
$56,000 | $138,000 |
| Asian |
3 | $198,000 |
$66,000 | $78,000 |
$47,000 | $97,000 |
| Black or African American |
24 | $1,024,000 |
$42,000 | $114,000 |
$46,000 | $156,000 |
| Hispanic |
15 | $696,000 |
$46,000 | $88,000 |
$45,000 | $69,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $150,000 |
$150,000 | $150,000 |
$60,000 | $60,000 |
| Not applicable |
121 | $11,429,000 |
$94,000 | $324,000 |
$16,000 | $128,000 |
| Not Provided |
111 | $9,727,000 |
$87,000 | $275,000 |
$53,000 | $230,000 |
| White |
1,379 | $107,386,000 |
$77,000 | $750,000 |
$64,000 | $997,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,397 | $102,021,000 |
$73,000 | $750,000 |
$62,000 | $997,000 |
| FHA-insured (Federal Housing Administration) |
269 | $27,871,000 |
$103,000 | $275,000 |
$48,000 | $144,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
27 | $1,901,000 |
$70,000 | $116,000 |
$27,000 | $60,000 |
| VA-guaranteed (Veterans Administration) |
33 | $3,720,000 |
$112,000 | $196,000 |
$47,000 | $103,000 |
|
| Application Approved But Not Accepted |
103 | $8,174,000 |
$79,000 | $750,000 |
$61,000 | $192,000 |
| Application Denied By Financial Institution |
404 | $29,592,000 |
$73,000 | $350,000 |
$52,000 | $249,000 |
| Application Withdrawn By Applicant |
139 | $12,863,000 |
$92,000 | $285,000 |
$63,000 | $420,000 |
| File Closed For Incompleteness |
23 | $2,448,000 |
$106,000 | $320,000 |
$63,000 | $163,000 |
| Loan Originated |
861 | $61,738,000 |
$71,000 | $399,000 |
$67,000 | $997,000 |
| Loan Purchased By The Institution |
196 | $20,698,000 |
$105,000 | $324,000 |
$37,000 | $150,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
59 | $4,879,000 |
$82,000 | $350,000 |
$56,000 | $241,000 |
| Credit Application Incomplete |
15 | $1,466,000 |
$97,000 | $275,000 |
$44,000 | $103,000 |
| Credit History |
96 | $5,126,000 |
$53,000 | $230,000 |
$48,000 | $181,000 |
| Debt-To-Income Ratio |
37 | $3,167,000 |
$85,000 | $271,000 |
$56,000 | $156,000 |
| Employment History |
2 | $34,000 |
$17,000 | $26,000 |
$18,000 | $23,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $444,000 |
$148,000 | $250,000 |
$112,000 | $230,000 |
| Mortgage Insurance Denied |
1 | $140,000 |
$140,000 | $140,000 |
$67,000 | $67,000 |
| Other |
14 | $1,072,000 |
$76,000 | $182,000 |
$38,000 | $88,000 |
| Unverifiable Information |
8 | $590,000 |
$73,000 | $164,000 |
$33,000 | $70,000 |
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