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| Location |
Monroe County FL
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 4,040 |
| Total Amount of All Mortgage Loans Applied For | $1,812,300,000 |
| Average Mortgage Loan Amount Applied For | $448,000 |
| Highest Mortgage Loan Amount Applied For | $5,100,000 |
| Average Applicant Income | $227,000 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
168 | $51,654,000 |
$307,000 | $3,500,000 |
$173,000 | $4,029,000 |
| Home Purchase |
1,677 | $774,688,000 |
$461,000 | $5,100,000 |
$259,000 | $9,999,000 |
| Refinancing |
2,195 | $985,958,000 |
$449,000 | $4,500,000 |
$206,000 | $9,999,000 |
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| American Indian or Alaskan Native |
7 | $2,000,000 |
$285,000 | $410,000 |
$214,000 | $517,000 |
| Asian |
28 | $10,960,000 |
$391,000 | $1,050,000 |
$208,000 | $1,275,000 |
| Black or African American |
31 | $14,264,000 |
$460,000 | $1,009,000 |
$105,000 | $345,000 |
| Hispanic |
631 | $316,504,000 |
$501,000 | $2,165,000 |
$206,000 | $3,321,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $697,000 |
$232,000 | $370,000 |
$113,000 | $148,000 |
| Not applicable |
218 | $120,849,000 |
$554,000 | $5,100,000 |
$91,000 | $2,316,000 |
| Not Provided |
556 | $247,013,000 |
$444,000 | $3,500,000 |
$263,000 | $9,999,000 |
| White |
2,566 | $1,100,013,000 |
$428,000 | $4,500,000 |
$237,000 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,811 | $1,741,099,000 |
$456,000 | $5,100,000 |
$234,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
205 | $63,387,000 |
$309,000 | $771,000 |
$106,000 | $1,785,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $804,000 |
$402,000 | $404,000 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
22 | $7,010,000 |
$318,000 | $424,000 |
$85,000 | $180,000 |
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| Application Approved But Not Accepted |
293 | $125,316,000 |
$427,000 | $3,000,000 |
$274,000 | $9,999,000 |
| Application Denied By Financial Institution |
1,151 | $541,075,000 |
$470,000 | $5,100,000 |
$228,000 | $6,000,000 |
| Application Withdrawn By Applicant |
420 | $176,586,000 |
$420,000 | $2,500,000 |
$236,000 | $1,902,000 |
| File Closed For Incompleteness |
138 | $74,492,000 |
$539,000 | $4,141,000 |
$239,000 | $1,650,000 |
| Loan Originated |
1,441 | $575,460,000 |
$399,000 | $3,488,000 |
$274,000 | $9,999,000 |
| Loan Purchased By The Institution |
596 | $319,219,000 |
$535,000 | $4,500,000 |
$78,000 | $2,316,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
1 | $152,000 |
$152,000 | $152,000 |
$31,000 | $31,000 |
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| Collateral |
297 | $149,918,000 |
$504,000 | $3,000,000 |
$256,000 | $6,000,000 |
| Credit Application Incomplete |
103 | $37,605,000 |
$365,000 | $1,275,000 |
$193,000 | $1,372,000 |
| Credit History |
102 | $46,677,000 |
$457,000 | $1,500,000 |
$338,000 | $6,000,000 |
| Debt-To-Income Ratio |
218 | $101,761,000 |
$466,000 | $3,500,000 |
$156,000 | $1,578,000 |
| Employment History |
9 | $6,212,000 |
$690,000 | $1,360,000 |
$216,000 | $491,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
17 | $7,425,000 |
$436,000 | $1,211,000 |
$212,000 | $900,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
122 | $61,672,000 |
$505,000 | $1,767,000 |
$266,000 | $2,000,000 |
| Unverifiable Information |
88 | $52,254,000 |
$593,000 | $2,850,000 |
$228,000 | $931,000 |
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