|
| Location |
Mingo County WV
• Apply Here |
| Year | 2006 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 806 |
| Total Amount of All Mortgage Loans Applied For | $51,265,000 |
| Average Mortgage Loan Amount Applied For | $63,000 |
| Highest Mortgage Loan Amount Applied For | $500,000 |
| Average Applicant Income | $63,000 |
| Highest Applicant Income | $6,910,000 |
|
|
|
| Home Improvement |
124 | $3,407,000 |
$27,000 | $120,000 |
$51,000 | $136,000 |
| Home Purchase |
294 | $18,461,000 |
$62,000 | $500,000 |
$76,000 | $6,910,000 |
| Refinancing |
388 | $29,397,000 |
$75,000 | $400,000 |
$57,000 | $1,080,000 |
|
| American Indian or Alaskan Native |
5 | $338,000 |
$67,000 | $105,000 |
$47,000 | $60,000 |
| Asian |
1 | $3,000 |
$3,000 | $3,000 |
$41,000 | $41,000 |
| Black or African American |
7 | $420,000 |
$60,000 | $81,000 |
$51,000 | $122,000 |
| Hispanic |
3 | $130,000 |
$43,000 | $50,000 |
$21,000 | $29,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $500,000 |
$500,000 | $500,000 |
$216,000 | $216,000 |
| Not applicable |
18 | $1,205,000 |
$66,000 | $142,000 |
$25,000 | $120,000 |
| Not Provided |
75 | $5,756,000 |
$76,000 | $400,000 |
$65,000 | $1,080,000 |
| White |
696 | $42,913,000 |
$61,000 | $275,000 |
$64,000 | $6,910,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
793 | $50,359,000 |
$63,000 | $500,000 |
$64,000 | $6,910,000 |
| FHA-insured (Federal Housing Administration) |
9 | $525,000 |
$58,000 | $107,000 |
$46,000 | $70,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3 | $314,000 |
$104,000 | $143,000 |
$54,000 | $65,000 |
| VA-guaranteed (Veterans Administration) |
1 | $67,000 |
$67,000 | $67,000 |
$29,000 | $29,000 |
|
| Application Approved But Not Accepted |
79 | $5,405,000 |
$68,000 | $500,000 |
$138,000 | $6,910,000 |
| Application Denied By Financial Institution |
321 | $18,830,000 |
$58,000 | $232,000 |
$49,000 | $240,000 |
| Application Withdrawn By Applicant |
63 | $5,543,000 |
$87,000 | $400,000 |
$70,000 | $1,080,000 |
| File Closed For Incompleteness |
20 | $1,572,000 |
$78,000 | $156,000 |
$56,000 | $125,000 |
| Loan Originated |
291 | $17,609,000 |
$60,000 | $275,000 |
$60,000 | $494,000 |
| Loan Purchased By The Institution |
32 | $2,306,000 |
$72,000 | $142,000 |
$40,000 | $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 |
23 | $1,555,000 |
$67,000 | $128,000 |
$51,000 | $103,000 |
| Credit Application Incomplete |
29 | $2,140,000 |
$73,000 | $207,000 |
$60,000 | $175,000 |
| Credit History |
91 | $4,640,000 |
$50,000 | $147,000 |
$50,000 | $165,000 |
| Debt-To-Income Ratio |
10 | $471,000 |
$47,000 | $158,000 |
$36,000 | $75,000 |
| Employment History |
1 | $56,000 |
$56,000 | $56,000 |
$40,000 | $40,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
10 | $649,000 |
$64,000 | $165,000 |
$62,000 | $91,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
22 | $1,493,000 |
$67,000 | $232,000 |
$46,000 | $240,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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