|
| Location |
Mississippi County AR
• Apply Here |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Applications | 1,948 |
| Total Amount of All Mortgage Loans Applied For | $140,157,000 |
| Average Mortgage Loan Amount Applied For | $71,000 |
| Highest Mortgage Loan Amount Applied For | $483,000 |
| Average Applicant Income | $58,000 |
| Highest Applicant Income | $1,130,000 |
|
|
|
| Home Improvement |
255 | $7,434,000 |
$29,000 | $240,000 |
$60,000 | $500,000 |
| Home Purchase |
854 | $65,690,000 |
$76,000 | $336,000 |
$52,000 | $868,000 |
| Refinancing |
839 | $67,033,000 |
$79,000 | $483,000 |
$62,000 | $1,130,000 |
|
|
| American Indian or Alaskan Native |
3 | $264,000 |
$88,000 | $118,000 |
$15,000 | $34,000 |
| Asian |
21 | $2,039,000 |
$97,000 | $230,000 |
$70,000 | $128,000 |
| Black or African American |
384 | $22,674,000 |
$59,000 | $334,000 |
$48,000 | $600,000 |
| Hispanic |
24 | $1,683,000 |
$70,000 | $240,000 |
$49,000 | $150,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
106 | $7,865,000 |
$74,000 | $334,000 |
$13,000 | $144,000 |
| Not Provided |
228 | $16,322,000 |
$71,000 | $336,000 |
$54,000 | $360,000 |
| White |
1,182 | $89,310,000 |
$75,000 | $483,000 |
$65,000 | $1,130,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,698 | $120,426,000 |
$70,000 | $483,000 |
$59,000 | $1,130,000 |
| FHA-insured (Federal Housing Administration) |
170 | $13,728,000 |
$80,000 | $203,000 |
$49,000 | $213,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
57 | $4,095,000 |
$71,000 | $157,000 |
$31,000 | $63,000 |
| VA-guaranteed (Veterans Administration) |
23 | $1,908,000 |
$82,000 | $175,000 |
$43,000 | $86,000 |
|
|
| Application Approved But Not Accepted |
94 | $7,036,000 |
$74,000 | $268,000 |
$63,000 | $500,000 |
| Application Denied By Financial Institution |
532 | $34,349,000 |
$64,000 | $483,000 |
$54,000 | $868,000 |
| Application Withdrawn By Applicant |
148 | $10,726,000 |
$72,000 | $240,000 |
$53,000 | $295,000 |
| File Closed For Incompleteness |
45 | $4,403,000 |
$97,000 | $196,000 |
$61,000 | $158,000 |
| Loan Originated |
894 | $63,679,000 |
$71,000 | $371,000 |
$63,000 | $1,130,000 |
| Loan Purchased By The Institution |
235 | $19,964,000 |
$84,000 | $334,000 |
$42,000 | $213,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
61 | $4,738,000 |
$77,000 | $268,000 |
$60,000 | $250,000 |
| Credit Application Incomplete |
36 | $2,867,000 |
$79,000 | $200,000 |
$87,000 | $868,000 |
| Credit History |
160 | $7,967,000 |
$49,000 | $320,000 |
$44,000 | $246,000 |
| Debt-To-Income Ratio |
29 | $1,862,000 |
$64,000 | $167,000 |
$42,000 | $283,000 |
| Employment History |
5 | $270,000 |
$54,000 | $93,000 |
$18,000 | $35,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $128,000 |
$64,000 | $94,000 |
$47,000 | $72,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
31 | $2,325,000 |
$75,000 | $225,000 |
$57,000 | $180,000 |
| Unverifiable Information |
5 | $933,000 |
$186,000 | $293,000 |
$145,000 | $261,000 |
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