|
| Location |
Louisa County IA
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 348 |
| Total Amount of All Mortgage Loans Applied For | $32,924,000 |
| Average Mortgage Loan Amount Applied For | $94,000 |
| Highest Mortgage Loan Amount Applied For | $551,000 |
| Average Applicant Income | $58,000 |
| Highest Applicant Income | $693,000 |
|
|
|
| Home Improvement |
35 | $2,833,000 |
$80,000 | $551,000 |
$103,000 | $693,000 |
| Home Purchase |
102 | $8,201,000 |
$80,000 | $250,000 |
$46,000 | $275,000 |
| Refinancing |
211 | $21,890,000 |
$103,000 | $280,000 |
$56,000 | $183,000 |
|
| American Indian or Alaskan Native |
1 | $150,000 |
$150,000 | $150,000 |
$77,000 | $77,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
37 | $2,870,000 |
$77,000 | $275,000 |
$42,000 | $96,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $31,000 |
$15,000 | $24,000 |
$101,000 | $101,000 |
| Not applicable |
17 | $1,597,000 |
$93,000 | $205,000 |
$19,000 | $56,000 |
| Not Provided |
20 | $2,347,000 |
$117,000 | $280,000 |
$51,000 | $106,000 |
| White |
271 | $25,929,000 |
$95,000 | $551,000 |
$63,000 | $693,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
256 | $23,806,000 |
$92,000 | $551,000 |
$63,000 | $693,000 |
| FHA-insured (Federal Housing Administration) |
79 | $7,838,000 |
$99,000 | $209,000 |
$44,000 | $102,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
7 | $585,000 |
$83,000 | $90,000 |
$24,000 | $55,000 |
| VA-guaranteed (Veterans Administration) |
6 | $695,000 |
$115,000 | $207,000 |
$51,000 | $60,000 |
|
| Application Approved But Not Accepted |
15 | $1,513,000 |
$100,000 | $207,000 |
$55,000 | $200,000 |
| Application Denied By Financial Institution |
93 | $9,495,000 |
$102,000 | $280,000 |
$50,000 | $110,000 |
| Application Withdrawn By Applicant |
43 | $3,997,000 |
$92,000 | $172,000 |
$53,000 | $112,000 |
| File Closed For Incompleteness |
12 | $1,301,000 |
$108,000 | $220,000 |
$56,000 | $117,000 |
| Loan Originated |
146 | $12,835,000 |
$87,000 | $551,000 |
$69,000 | $693,000 |
| Loan Purchased By The Institution |
39 | $3,783,000 |
$97,000 | $205,000 |
$41,000 | $163,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
16 | $1,533,000 |
$95,000 | $280,000 |
$52,000 | $99,000 |
| Credit Application Incomplete |
2 | $242,000 |
$121,000 | $174,000 |
$41,000 | $54,000 |
| Credit History |
6 | $536,000 |
$89,000 | $275,000 |
$66,000 | $81,000 |
| Debt-To-Income Ratio |
3 | $383,000 |
$127,000 | $157,000 |
$40,000 | $52,000 |
| Employment History |
1 | $85,000 |
$85,000 | $85,000 |
$17,000 | $17,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $47,000 |
$47,000 | $47,000 |
$29,000 | $29,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $185,000 |
$92,000 | $98,000 |
$55,000 | $63,000 |
| Unverifiable Information |
2 | $231,000 |
$115,000 | $161,000 |
$53,000 | $59,000 |
|
|