|
| Location |
Morrow County OR
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 516 |
| Total Amount of All Mortgage Loans Applied For | $55,328,000 |
| Average Mortgage Loan Amount Applied For | $107,000 |
| Highest Mortgage Loan Amount Applied For | $575,000 |
| Average Applicant Income | $61,000 |
| Highest Applicant Income | $748,000 |
|
|
|
| Home Improvement |
61 | $3,600,000 |
$59,000 | $450,000 |
$55,000 | $180,000 |
| Home Purchase |
193 | $21,541,000 |
$111,000 | $436,000 |
$60,000 | $511,000 |
| Refinancing |
262 | $30,187,000 |
$115,000 | $575,000 |
$63,000 | $748,000 |
|
| American Indian or Alaskan Native |
4 | $339,000 |
$84,000 | $135,000 |
$67,000 | $97,000 |
| Asian |
2 | $187,000 |
$93,000 | $125,000 |
$61,000 | $74,000 |
| Black or African American |
1 | $106,000 |
$106,000 | $106,000 |
$85,000 | $85,000 |
| Hispanic |
72 | $6,759,000 |
$93,000 | $436,000 |
$48,000 | $165,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
43 | $4,933,000 |
$114,000 | $450,000 |
$1,000 | $84,000 |
| Not Provided |
58 | $5,361,000 |
$92,000 | $344,000 |
$67,000 | $332,000 |
| White |
336 | $37,643,000 |
$112,000 | $575,000 |
$70,000 | $748,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
298 | $30,898,000 |
$103,000 | $575,000 |
$69,000 | $748,000 |
| FHA-insured (Federal Housing Administration) |
182 | $19,968,000 |
$109,000 | $240,000 |
$53,000 | $160,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
15 | $1,615,000 |
$107,000 | $138,000 |
$33,000 | $70,000 |
| VA-guaranteed (Veterans Administration) |
21 | $2,847,000 |
$135,000 | $436,000 |
$38,000 | $165,000 |
|
| Application Approved But Not Accepted |
19 | $2,597,000 |
$136,000 | $280,000 |
$72,000 | $180,000 |
| Application Denied By Financial Institution |
132 | $12,418,000 |
$94,000 | $344,000 |
$60,000 | $180,000 |
| Application Withdrawn By Applicant |
56 | $5,704,000 |
$101,000 | $250,000 |
$62,000 | $332,000 |
| File Closed For Incompleteness |
15 | $1,343,000 |
$89,000 | $216,000 |
$59,000 | $120,000 |
| Loan Originated |
184 | $20,533,000 |
$111,000 | $575,000 |
$71,000 | $748,000 |
| Loan Purchased By The Institution |
110 | $12,733,000 |
$115,000 | $450,000 |
$42,000 | $165,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
18 | $1,980,000 |
$110,000 | $255,000 |
$60,000 | $133,000 |
| Credit Application Incomplete |
3 | $390,000 |
$130,000 | $175,000 |
$45,000 | $53,000 |
| Credit History |
12 | $729,000 |
$60,000 | $210,000 |
$61,000 | $85,000 |
| Debt-To-Income Ratio |
7 | $768,000 |
$109,000 | $196,000 |
$40,000 | $118,000 |
| Employment History |
1 | $30,000 |
$30,000 | $30,000 |
$90,000 | $90,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $582,000 |
$72,000 | $116,000 |
$62,000 | $99,000 |
| Unverifiable Information |
1 | $78,000 |
$78,000 | $78,000 |
$91,000 | $91,000 |
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