|
| Location |
Mingo County WV
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 517 |
| Total Amount of All Mortgage Loans Applied For | $34,497,000 |
| Average Mortgage Loan Amount Applied For | $66,000 |
| Highest Mortgage Loan Amount Applied For | $348,000 |
| Average Applicant Income | $58,000 |
| Highest Applicant Income | $931,000 |
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| Home Improvement |
114 | $3,279,000 |
$28,000 | $160,000 |
$56,000 | $176,000 |
| Home Purchase |
160 | $10,709,000 |
$66,000 | $257,000 |
$59,000 | $931,000 |
| Refinancing |
243 | $20,509,000 |
$84,000 | $348,000 |
$58,000 | $194,000 |
|
| American Indian or Alaskan Native |
1 | $64,000 |
$64,000 | $64,000 |
$17,000 | $17,000 |
| Asian |
2 | $108,000 |
$54,000 | $77,000 |
$69,000 | $108,000 |
| Black or African American |
4 | $88,000 |
$22,000 | $40,000 |
$36,000 | $45,000 |
| Hispanic |
2 | $138,000 |
$69,000 | $99,000 |
$52,000 | $75,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
11 | $853,000 |
$77,000 | $137,000 |
$10,000 | $73,000 |
| Not Provided |
24 | $1,837,000 |
$76,000 | $348,000 |
$43,000 | $130,000 |
| White |
473 | $31,409,000 |
$66,000 | $343,000 |
$60,000 | $931,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
457 | $28,310,000 |
$61,000 | $348,000 |
$59,000 | $931,000 |
| FHA-insured (Federal Housing Administration) |
57 | $5,952,000 |
$104,000 | $217,000 |
$52,000 | $126,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $150,000 |
$75,000 | $82,000 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $85,000 |
$85,000 | $85,000 |
$35,000 | $35,000 |
|
| Application Approved But Not Accepted |
40 | $3,196,000 |
$79,000 | $343,000 |
$62,000 | $151,000 |
| Application Denied By Financial Institution |
190 | $11,244,000 |
$59,000 | $201,000 |
$50,000 | $172,000 |
| Application Withdrawn By Applicant |
46 | $4,527,000 |
$98,000 | $348,000 |
$66,000 | $185,000 |
| File Closed For Incompleteness |
10 | $1,052,000 |
$105,000 | $237,000 |
$69,000 | $120,000 |
| Loan Originated |
207 | $12,296,000 |
$59,000 | $330,000 |
$63,000 | $931,000 |
| Loan Purchased By The Institution |
24 | $2,182,000 |
$90,000 | $217,000 |
$44,000 | $130,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
22 | $1,573,000 |
$71,000 | $201,000 |
$78,000 | $162,000 |
| Credit Application Incomplete |
3 | $150,000 |
$50,000 | $103,000 |
$37,000 | $68,000 |
| Credit History |
61 | $2,951,000 |
$48,000 | $139,000 |
$41,000 | $91,000 |
| Debt-To-Income Ratio |
23 | $1,518,000 |
$66,000 | $161,000 |
$44,000 | $138,000 |
| Employment History |
5 | $201,000 |
$40,000 | $86,000 |
$48,000 | $75,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $219,000 |
$73,000 | $120,000 |
$54,000 | $96,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
10 | $448,000 |
$44,000 | $135,000 |
$65,000 | $104,000 |
| Unverifiable Information |
4 | $415,000 |
$103,000 | $142,000 |
$70,000 | $98,000 |
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