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| Location |
Mason County WV
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 825 |
| Total Amount of All Mortgage Loans Applied For | $58,174,000 |
| Average Mortgage Loan Amount Applied For | $70,000 |
| Highest Mortgage Loan Amount Applied For | $609,000 |
| Average Applicant Income | $59,000 |
| Highest Applicant Income | $408,000 |
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|
|
| Home Improvement |
145 | $5,135,000 |
$35,000 | $230,000 |
$53,000 | $207,000 |
| Home Purchase |
245 | $18,988,000 |
$77,000 | $413,000 |
$58,000 | $324,000 |
| Refinancing |
435 | $34,051,000 |
$78,000 | $609,000 |
$62,000 | $408,000 |
|
| American Indian or Alaskan Native |
4 | $240,000 |
$60,000 | $130,000 |
$51,000 | $104,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $137,000 |
$137,000 | $137,000 |
$86,000 | $86,000 |
| Hispanic |
2 | $148,000 |
$74,000 | $115,000 |
$75,000 | $104,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
20 | $2,087,000 |
$104,000 | $171,000 |
$19,000 | $94,000 |
| Not Provided |
39 | $2,876,000 |
$73,000 | $176,000 |
$45,000 | $124,000 |
| White |
759 | $52,686,000 |
$69,000 | $609,000 |
$61,000 | $408,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
730 | $48,741,000 |
$66,000 | $609,000 |
$61,000 | $408,000 |
| FHA-insured (Federal Housing Administration) |
75 | $6,767,000 |
$90,000 | $177,000 |
$46,000 | $115,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
11 | $1,168,000 |
$106,000 | $171,000 |
$29,000 | $82,000 |
| VA-guaranteed (Veterans Administration) |
9 | $1,498,000 |
$166,000 | $413,000 |
$61,000 | $175,000 |
|
| Application Approved But Not Accepted |
52 | $3,199,000 |
$61,000 | $247,000 |
$69,000 | $200,000 |
| Application Denied By Financial Institution |
212 | $12,540,000 |
$59,000 | $309,000 |
$50,000 | $169,000 |
| Application Withdrawn By Applicant |
92 | $7,064,000 |
$76,000 | $203,000 |
$57,000 | $165,000 |
| File Closed For Incompleteness |
5 | $335,000 |
$67,000 | $120,000 |
$45,000 | $67,000 |
| Loan Originated |
428 | $31,168,000 |
$72,000 | $609,000 |
$65,000 | $408,000 |
| Loan Purchased By The Institution |
36 | $3,868,000 |
$107,000 | $204,000 |
$38,000 | $120,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
29 | $2,208,000 |
$76,000 | $270,000 |
$59,000 | $124,000 |
| Credit Application Incomplete |
4 | $268,000 |
$67,000 | $106,000 |
$26,000 | $48,000 |
| Credit History |
90 | $3,745,000 |
$41,000 | $309,000 |
$45,000 | $157,000 |
| Debt-To-Income Ratio |
12 | $767,000 |
$63,000 | $128,000 |
$38,000 | $98,000 |
| Employment History |
3 | $122,000 |
$40,000 | $106,000 |
$34,000 | $43,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $250,000 |
$250,000 | $250,000 |
$67,000 | $67,000 |
| Mortgage Insurance Denied |
1 | $65,000 |
$65,000 | $65,000 |
$28,000 | $28,000 |
| Other |
5 | $353,000 |
$70,000 | $164,000 |
$44,000 | $87,000 |
| Unverifiable Information |
4 | $421,000 |
$105,000 | $128,000 |
$94,000 | $169,000 |
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