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| Location |
Mississippi County AR
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,648 |
| Total Amount of All Mortgage Loans Applied For | $123,031,000 |
| Average Mortgage Loan Amount Applied For | $74,000 |
| Highest Mortgage Loan Amount Applied For | $1,484,000 |
| Average Applicant Income | $71,000 |
| Highest Applicant Income | $2,438,000 |
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|
| Home Improvement |
256 | $5,546,000 |
$21,000 | $155,000 |
$79,000 | $790,000 |
| Home Purchase |
713 | $58,596,000 |
$82,000 | $1,484,000 |
$59,000 | $1,885,000 |
| Refinancing |
679 | $58,889,000 |
$86,000 | $515,000 |
$80,000 | $2,438,000 |
|
| American Indian or Alaskan Native |
4 | $369,000 |
$92,000 | $143,000 |
$75,000 | $130,000 |
| Asian |
4 | $288,000 |
$72,000 | $94,000 |
$66,000 | $97,000 |
| Black or African American |
306 | $19,944,000 |
$65,000 | $336,000 |
$53,000 | $440,000 |
| Hispanic |
8 | $350,000 |
$43,000 | $114,000 |
$64,000 | $255,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $5,000 |
$5,000 | $5,000 |
$74,000 | $74,000 |
| Not applicable |
119 | $10,760,000 |
$90,000 | $931,000 |
$18,000 | $141,000 |
| Not Provided |
140 | $10,815,000 |
$77,000 | $1,484,000 |
$50,000 | $200,000 |
| White |
1,066 | $80,500,000 |
$75,000 | $417,000 |
$84,000 | $2,438,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,079 | $73,145,000 |
$67,000 | $1,484,000 |
$83,000 | $2,438,000 |
| FHA-insured (Federal Housing Administration) |
382 | $34,974,000 |
$91,000 | $275,000 |
$53,000 | $221,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
149 | $9,990,000 |
$67,000 | $127,000 |
$27,000 | $66,000 |
| VA-guaranteed (Veterans Administration) |
38 | $4,922,000 |
$129,000 | $336,000 |
$60,000 | $113,000 |
|
| Application Approved But Not Accepted |
44 | $2,961,000 |
$67,000 | $336,000 |
$60,000 | $750,000 |
| Application Denied By Financial Institution |
405 | $25,696,000 |
$63,000 | $417,000 |
$52,000 | $1,519,000 |
| Application Withdrawn By Applicant |
135 | $10,375,000 |
$76,000 | $275,000 |
$67,000 | $740,000 |
| File Closed For Incompleteness |
37 | $3,251,000 |
$87,000 | $336,000 |
$59,000 | $176,000 |
| Loan Originated |
846 | $62,455,000 |
$73,000 | $515,000 |
$87,000 | $2,438,000 |
| Loan Purchased By The Institution |
181 | $18,293,000 |
$101,000 | $1,484,000 |
$44,000 | $221,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
36 | $2,895,000 |
$80,000 | $279,000 |
$53,000 | $132,000 |
| Credit Application Incomplete |
23 | $1,901,000 |
$82,000 | $225,000 |
$58,000 | $264,000 |
| Credit History |
128 | $6,131,000 |
$47,000 | $213,000 |
$53,000 | $310,000 |
| Debt-To-Income Ratio |
18 | $1,380,000 |
$76,000 | $180,000 |
$39,000 | $89,000 |
| Employment History |
6 | $312,000 |
$52,000 | $71,000 |
$25,000 | $37,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $157,000 |
$52,000 | $70,000 |
$48,000 | $96,000 |
| Mortgage Insurance Denied |
4 | $258,000 |
$64,000 | $114,000 |
$39,000 | $55,000 |
| Other |
23 | $1,631,000 |
$70,000 | $127,000 |
$39,000 | $114,000 |
| Unverifiable Information |
8 | $626,000 |
$78,000 | $202,000 |
$55,000 | $200,000 |
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