|
| Location |
Potter County PA
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 796 |
| Total Amount of All Mortgage Loans Applied For | $62,370,000 |
| Average Mortgage Loan Amount Applied For | $78,000 |
| Highest Mortgage Loan Amount Applied For | $390,000 |
| Average Applicant Income | $64,000 |
| Highest Applicant Income | $493,000 |
|
|
|
| Home Improvement |
144 | $6,158,000 |
$42,000 | $300,000 |
$64,000 | $405,000 |
| Home Purchase |
212 | $17,374,000 |
$81,000 | $339,000 |
$65,000 | $450,000 |
| Refinancing |
440 | $38,838,000 |
$88,000 | $390,000 |
$63,000 | $493,000 |
|
| American Indian or Alaskan Native |
1 | $116,000 |
$116,000 | $116,000 |
$45,000 | $45,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $65,000 |
$65,000 | $65,000 |
$32,000 | $32,000 |
| Hispanic |
9 | $1,236,000 |
$137,000 | $294,000 |
$107,000 | $375,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
10 | $722,000 |
$72,000 | $150,000 |
$5,000 | $58,000 |
| Not Provided |
90 | $8,440,000 |
$93,000 | $300,000 |
$76,000 | $493,000 |
| White |
685 | $51,791,000 |
$75,000 | $390,000 |
$62,000 | $451,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
697 | $51,652,000 |
$74,000 | $390,000 |
$65,000 | $493,000 |
| FHA-insured (Federal Housing Administration) |
88 | $9,334,000 |
$106,000 | $231,000 |
$50,000 | $118,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3 | $235,000 |
$78,000 | $108,000 |
$32,000 | $45,000 |
| VA-guaranteed (Veterans Administration) |
8 | $1,149,000 |
$143,000 | $295,000 |
$67,000 | $128,000 |
|
| Application Approved But Not Accepted |
38 | $3,242,000 |
$85,000 | $390,000 |
$68,000 | $375,000 |
| Application Denied By Financial Institution |
240 | $17,756,000 |
$73,000 | $359,000 |
$52,000 | $373,000 |
| Application Withdrawn By Applicant |
86 | $9,681,000 |
$112,000 | $315,000 |
$79,000 | $493,000 |
| File Closed For Incompleteness |
16 | $1,585,000 |
$99,000 | $275,000 |
$72,000 | $240,000 |
| Loan Originated |
376 | $26,142,000 |
$69,000 | $339,000 |
$67,000 | $476,000 |
| Loan Purchased By The Institution |
40 | $3,964,000 |
$99,000 | $295,000 |
$58,000 | $234,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
31 | $2,756,000 |
$88,000 | $315,000 |
$77,000 | $373,000 |
| Credit Application Incomplete |
7 | $632,000 |
$90,000 | $206,000 |
$56,000 | $109,000 |
| Credit History |
51 | $2,856,000 |
$56,000 | $280,000 |
$45,000 | $105,000 |
| Debt-To-Income Ratio |
14 | $1,221,000 |
$87,000 | $359,000 |
$42,000 | $100,000 |
| Employment History |
1 | $78,000 |
$78,000 | $78,000 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $68,000 |
$22,000 | $43,000 |
$41,000 | $49,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
10 | $932,000 |
$93,000 | $151,000 |
$79,000 | $165,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|