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| Location |
Pitkin County CO
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,526 |
| Total Amount of All Mortgage Loans Applied For | $1,438,338,000 |
| Average Mortgage Loan Amount Applied For | $942,000 |
| Highest Mortgage Loan Amount Applied For | $23,000,000 |
| Average Applicant Income | $468,000 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
79 | $49,826,000 |
$630,000 | $4,600,000 |
$270,000 | $3,545,000 |
| Home Purchase |
478 | $537,498,000 |
$1,124,000 | $23,000,000 |
$570,000 | $9,999,000 |
| Refinancing |
969 | $851,014,000 |
$878,000 | $23,000,000 |
$433,000 | $9,999,000 |
|
| American Indian or Alaskan Native |
2 | $840,000 |
$420,000 | $685,000 |
$405,000 | $759,000 |
| Asian |
8 | $3,371,000 |
$421,000 | $1,250,000 |
$208,000 | $894,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
32 | $11,764,000 |
$367,000 | $2,850,000 |
$134,000 | $911,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $2,044,000 |
$340,000 | $1,243,000 |
$130,000 | $540,000 |
| Not applicable |
102 | $254,354,000 |
$2,493,000 | $23,000,000 |
$177,000 | $9,999,000 |
| Not Provided |
185 | $260,349,000 |
$1,407,000 | $23,000,000 |
$738,000 | $9,999,000 |
| White |
1,191 | $905,616,000 |
$760,000 | $7,500,000 |
$463,000 | $9,999,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,503 | $1,431,857,000 |
$952,000 | $23,000,000 |
$474,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
21 | $6,279,000 |
$299,000 | $739,000 |
$82,000 | $156,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $202,000 |
$101,000 | $101,000 |
$23,000 | $46,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Application Approved But Not Accepted |
162 | $132,299,000 |
$816,000 | $6,000,000 |
$494,000 | $9,999,000 |
| Application Denied By Financial Institution |
269 | $228,891,000 |
$850,000 | $23,000,000 |
$364,000 | $7,250,000 |
| Application Withdrawn By Applicant |
172 | $134,374,000 |
$781,000 | $17,500,000 |
$378,000 | $9,999,000 |
| File Closed For Incompleteness |
35 | $78,771,000 |
$2,250,000 | $23,000,000 |
$540,000 | $3,285,000 |
| Loan Originated |
740 | $728,792,000 |
$984,000 | $15,000,000 |
$593,000 | $9,999,000 |
| Loan Purchased By The Institution |
148 | $135,211,000 |
$913,000 | $5,000,000 |
$87,000 | $1,744,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
54 | $35,816,000 |
$663,000 | $4,088,000 |
$403,000 | $2,500,000 |
| Credit Application Incomplete |
33 | $24,948,000 |
$756,000 | $2,000,000 |
$314,000 | $1,593,000 |
| Credit History |
21 | $13,808,000 |
$657,000 | $3,000,000 |
$373,000 | $1,653,000 |
| Debt-To-Income Ratio |
64 | $85,913,000 |
$1,342,000 | $23,000,000 |
$297,000 | $7,250,000 |
| Employment History |
2 | $625,000 |
$312,000 | $417,000 |
$30,000 | $53,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $9,522,000 |
$2,380,000 | $8,000,000 |
$204,000 | $600,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
32 | $28,396,000 |
$887,000 | $2,800,000 |
$640,000 | $3,778,000 |
| Unverifiable Information |
15 | $11,280,000 |
$752,000 | $1,300,000 |
$320,000 | $826,000 |
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