|
| Location |
Power County ID
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 422 |
| Total Amount of All Mortgage Loans Applied For | $48,873,000 |
| Average Mortgage Loan Amount Applied For | $115,000 |
| Highest Mortgage Loan Amount Applied For | $800,000 |
| Average Applicant Income | $55,000 |
| Highest Applicant Income | $1,305,000 |
|
|
|
| Home Improvement |
45 | $3,464,000 |
$76,000 | $770,000 |
$80,000 | $1,305,000 |
| Home Purchase |
148 | $16,867,000 |
$113,000 | $800,000 |
$43,000 | $240,000 |
| Refinancing |
229 | $28,542,000 |
$124,000 | $450,000 |
$57,000 | $305,000 |
|
| American Indian or Alaskan Native |
5 | $491,000 |
$98,000 | $125,000 |
$38,000 | $67,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
73 | $6,250,000 |
$85,000 | $180,000 |
$38,000 | $97,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $119,000 |
$119,000 | $119,000 |
$32,000 | $32,000 |
| Not applicable |
19 | $3,239,000 |
$170,000 | $280,000 |
$22,000 | $143,000 |
| Not Provided |
33 | $2,751,000 |
$83,000 | $252,000 |
$47,000 | $150,000 |
| White |
291 | $36,023,000 |
$123,000 | $800,000 |
$62,000 | $1,305,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
284 | $32,990,000 |
$116,000 | $800,000 |
$62,000 | $1,305,000 |
| FHA-insured (Federal Housing Administration) |
131 | $14,992,000 |
$114,000 | $274,000 |
$41,000 | $129,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3 | $362,000 |
$120,000 | $131,000 |
$39,000 | $40,000 |
| VA-guaranteed (Veterans Administration) |
4 | $529,000 |
$132,000 | $198,000 |
$39,000 | $86,000 |
|
| Application Approved But Not Accepted |
25 | $2,512,000 |
$100,000 | $315,000 |
$53,000 | $138,000 |
| Application Denied By Financial Institution |
131 | $14,198,000 |
$108,000 | $770,000 |
$56,000 | $1,305,000 |
| Application Withdrawn By Applicant |
45 | $4,209,000 |
$93,000 | $190,000 |
$52,000 | $129,000 |
| File Closed For Incompleteness |
12 | $1,167,000 |
$97,000 | $142,000 |
$46,000 | $83,000 |
| Loan Originated |
153 | $17,793,000 |
$116,000 | $366,000 |
$58,000 | $305,000 |
| Loan Purchased By The Institution |
56 | $8,994,000 |
$160,000 | $800,000 |
$47,000 | $240,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
11 | $1,152,000 |
$104,000 | $284,000 |
$48,000 | $120,000 |
| Credit Application Incomplete |
8 | $695,000 |
$86,000 | $131,000 |
$40,000 | $64,000 |
| Credit History |
18 | $1,751,000 |
$97,000 | $252,000 |
$46,000 | $150,000 |
| Debt-To-Income Ratio |
14 | $2,341,000 |
$167,000 | $770,000 |
$125,000 | $1,305,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $195,000 |
$97,000 | $159,000 |
$46,000 | $47,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $974,000 |
$121,000 | $450,000 |
$66,000 | $234,000 |
| Unverifiable Information |
3 | $298,000 |
$99,000 | $184,000 |
$27,000 | $58,000 |
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