|
| Location |
Meeker County MN
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,096 |
| Total Amount of All Mortgage Loans Applied For | $149,324,000 |
| Average Mortgage Loan Amount Applied For | $136,000 |
| Highest Mortgage Loan Amount Applied For | $417,000 |
| Average Applicant Income | $65,000 |
| Highest Applicant Income | $716,000 |
|
|
|
| Home Improvement |
123 | $5,987,000 |
$48,000 | $280,000 |
$64,000 | $475,000 |
| Home Purchase |
279 | $37,043,000 |
$132,000 | $417,000 |
$61,000 | $700,000 |
| Refinancing |
694 | $106,294,000 |
$153,000 | $417,000 |
$67,000 | $716,000 |
|
| American Indian or Alaskan Native |
3 | $298,000 |
$99,000 | $131,000 |
$35,000 | $62,000 |
| Asian |
2 | $97,000 |
$48,000 | $67,000 |
$90,000 | $115,000 |
| Black or African American |
4 | $714,000 |
$178,000 | $288,000 |
$60,000 | $102,000 |
| Hispanic |
11 | $1,015,000 |
$92,000 | $168,000 |
$57,000 | $209,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $287,000 |
$143,000 | $220,000 |
$53,000 | $62,000 |
| Not applicable |
90 | $11,140,000 |
$123,000 | $400,000 |
$36,000 | $611,000 |
| Not Provided |
66 | $8,149,000 |
$123,000 | $416,000 |
$73,000 | $716,000 |
| White |
918 | $127,624,000 |
$139,000 | $417,000 |
$67,000 | $700,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
847 | $113,442,000 |
$133,000 | $417,000 |
$69,000 | $716,000 |
| FHA-insured (Federal Housing Administration) |
185 | $28,313,000 |
$153,000 | $318,000 |
$55,000 | $148,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
48 | $5,085,000 |
$105,000 | $169,000 |
$32,000 | $190,000 |
| VA-guaranteed (Veterans Administration) |
16 | $2,484,000 |
$155,000 | $231,000 |
$42,000 | $106,000 |
|
| Application Approved But Not Accepted |
75 | $10,358,000 |
$138,000 | $417,000 |
$81,000 | $716,000 |
| Application Denied By Financial Institution |
234 | $29,798,000 |
$127,000 | $417,000 |
$61,000 | $288,000 |
| Application Withdrawn By Applicant |
104 | $14,412,000 |
$138,000 | $417,000 |
$62,000 | $300,000 |
| File Closed For Incompleteness |
26 | $2,370,000 |
$91,000 | $238,000 |
$60,000 | $126,000 |
| Loan Originated |
498 | $68,902,000 |
$138,000 | $417,000 |
$70,000 | $700,000 |
| Loan Purchased By The Institution |
159 | $23,484,000 |
$147,000 | $417,000 |
$49,000 | $611,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
46 | $6,806,000 |
$147,000 | $387,000 |
$64,000 | $288,000 |
| Credit Application Incomplete |
10 | $1,048,000 |
$104,000 | $170,000 |
$53,000 | $106,000 |
| Credit History |
36 | $3,771,000 |
$104,000 | $318,000 |
$68,000 | $200,000 |
| Debt-To-Income Ratio |
30 | $4,096,000 |
$136,000 | $317,000 |
$42,000 | $149,000 |
| Employment History |
3 | $492,000 |
$164,000 | $312,000 |
$99,000 | $190,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $316,000 |
$158,000 | $202,000 |
$75,000 | $91,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
11 | $1,740,000 |
$158,000 | $417,000 |
$85,000 | $187,000 |
| Unverifiable Information |
5 | $531,000 |
$106,000 | $146,000 |
$74,000 | $130,000 |
|
|