|
| Location |
Phillips County MT
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 94 |
| Total Amount of All Mortgage Loans Applied For | $11,568,000 |
| Average Mortgage Loan Amount Applied For | $123,000 |
| Highest Mortgage Loan Amount Applied For | $1,500,000 |
| Average Applicant Income | $77,000 |
| Highest Applicant Income | $944,000 |
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| Home Improvement |
6 | $545,000 |
$90,000 | $200,000 |
$70,000 | $138,000 |
| Home Purchase |
45 | $6,370,000 |
$141,000 | $1,500,000 |
$87,000 | $944,000 |
| Refinancing |
43 | $4,653,000 |
$108,000 | $306,000 |
$67,000 | $196,000 |
|
| American Indian or Alaskan Native |
1 | $40,000 |
$40,000 | $40,000 |
$28,000 | $28,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
1 | $152,000 |
$152,000 | $152,000 |
$75,000 | $75,000 |
| Not applicable |
11 | $1,055,000 |
$95,000 | $182,000 |
$5,000 | $65,000 |
| Not Provided |
6 | $455,000 |
$75,000 | $170,000 |
$71,000 | $132,000 |
| White |
75 | $9,866,000 |
$131,000 | $1,500,000 |
$88,000 | $944,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
55 | $7,506,000 |
$136,000 | $1,500,000 |
$99,000 | $944,000 |
| FHA-insured (Federal Housing Administration) |
35 | $3,764,000 |
$107,000 | $203,000 |
$47,000 | $138,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3 | $221,000 |
$73,000 | $86,000 |
$28,000 | $53,000 |
| VA-guaranteed (Veterans Administration) |
1 | $77,000 |
$77,000 | $77,000 |
$46,000 | $46,000 |
|
| Application Approved But Not Accepted |
2 | $506,000 |
$253,000 | $306,000 |
$146,000 | $196,000 |
| Application Denied By Financial Institution |
19 | $1,711,000 |
$90,000 | $200,000 |
$53,000 | $102,000 |
| Application Withdrawn By Applicant |
5 | $298,000 |
$59,000 | $116,000 |
$75,000 | $138,000 |
| File Closed For Incompleteness |
3 | $456,000 |
$152,000 | $203,000 |
$89,000 | $132,000 |
| Loan Originated |
49 | $6,977,000 |
$142,000 | $1,500,000 |
$100,000 | $944,000 |
| Loan Purchased By The Institution |
16 | $1,620,000 |
$101,000 | $182,000 |
$24,000 | $118,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
8 | $846,000 |
$105,000 | $183,000 |
$60,000 | $102,000 |
| Credit Application Incomplete |
1 | $200,000 |
$200,000 | $200,000 |
$62,000 | $62,000 |
| Credit History |
2 | $62,000 |
$31,000 | $50,000 |
$56,000 | $70,000 |
| Debt-To-Income Ratio |
4 | $421,000 |
$105,000 | $155,000 |
$21,000 | $30,000 |
| Employment History |
1 | $28,000 |
$28,000 | $28,000 |
$56,000 | $56,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $61,000 |
$61,000 | $61,000 |
$92,000 | $92,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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