|
| Location |
Pitkin County CO
• Apply Here |
| Year | 2006 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 2,773 |
| Total Amount of All Mortgage Loans Applied For | $2,079,384,000 |
| Average Mortgage Loan Amount Applied For | $749,000 |
| Highest Mortgage Loan Amount Applied For | $20,000,000 |
| Average Applicant Income | $375,000 |
| Highest Applicant Income | $9,999,000 |
|
|
|
| Home Improvement |
108 | $65,721,000 |
$608,000 | $15,000,000 |
$330,000 | $8,400,000 |
| Home Purchase |
1,374 | $1,156,634,000 |
$841,000 | $20,000,000 |
$460,000 | $9,999,000 |
| Refinancing |
1,291 | $857,029,000 |
$663,000 | $10,565,000 |
$289,000 | $8,407,000 |
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
12 | $4,398,000 |
$366,000 | $641,000 |
$255,000 | $800,000 |
| Black or African American |
56 | $6,128,000 |
$109,000 | $600,000 |
$33,000 | $121,000 |
| Hispanic |
62 | $32,238,000 |
$519,000 | $5,850,000 |
$233,000 | $2,359,000 |
| Native Hawaiin or Other Pacific Islander |
12 | $20,316,000 |
$1,693,000 | $4,490,000 |
$63,000 | $573,000 |
| Not applicable |
337 | $375,082,000 |
$1,113,000 | $20,000,000 |
$175,000 | $8,407,000 |
| Not Provided |
367 | $249,332,000 |
$679,000 | $5,430,000 |
$384,000 | $7,204,000 |
| White |
1,927 | $1,391,890,000 |
$722,000 | $15,000,000 |
$426,000 | $9,999,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,761 | $2,076,246,000 |
$751,000 | $20,000,000 |
$377,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
11 | $2,313,000 |
$210,000 | $298,000 |
$72,000 | $117,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $825,000 |
$825,000 | $825,000 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Application Approved But Not Accepted |
322 | $156,824,000 |
$487,000 | $13,000,000 |
$242,000 | $9,999,000 |
| Application Denied By Financial Institution |
357 | $245,300,000 |
$687,000 | $15,000,000 |
$422,000 | $9,999,000 |
| Application Withdrawn By Applicant |
247 | $221,887,000 |
$898,000 | $14,000,000 |
$473,000 | $9,996,000 |
| File Closed For Incompleteness |
36 | $26,411,000 |
$733,000 | $8,520,000 |
$212,000 | $2,157,000 |
| Loan Originated |
1,346 | $1,114,761,000 |
$828,000 | $20,000,000 |
$448,000 | $9,999,000 |
| Loan Purchased By The Institution |
464 | $314,081,000 |
$676,000 | $5,000,000 |
$181,000 | $8,407,000 |
| Preapproval Approved but not Accepted |
1 | $120,000 |
$120,000 | $120,000 |
$264,000 | $264,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
69 | $44,375,000 |
$643,000 | $4,000,000 |
$608,000 | $4,887,000 |
| Credit Application Incomplete |
53 | $32,762,000 |
$618,000 | $2,850,000 |
$341,000 | $2,400,000 |
| Credit History |
50 | $22,153,000 |
$443,000 | $5,430,000 |
$227,000 | $1,488,000 |
| Debt-To-Income Ratio |
42 | $33,770,000 |
$804,000 | $12,256,000 |
$335,000 | $5,743,000 |
| Employment History |
6 | $840,000 |
$140,000 | $300,000 |
$75,000 | $156,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $3,250,000 |
$1,625,000 | $2,000,000 |
$612,000 | $900,000 |
| Mortgage Insurance Denied |
1 | $1,000,000 |
$1,000,000 | $1,000,000 |
$0 | $0 |
| Other |
74 | $73,887,000 |
$998,000 | $15,000,000 |
$631,000 | $9,999,000 |
| Unverifiable Information |
18 | $16,723,000 |
$929,000 | $3,000,000 |
$475,000 | $2,400,000 |
|
|