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| Location |
Raleigh County WV
• Apply Here |
| Year | 2005 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 5,544 |
| Total Amount of All Mortgage Loans Applied For | $440,367,000 |
| Average Mortgage Loan Amount Applied For | $79,000 |
| Highest Mortgage Loan Amount Applied For | $1,800,000 |
| Average Applicant Income | $58,000 |
| Highest Applicant Income | $2,340,000 |
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| Home Improvement |
783 | $28,761,000 |
$36,000 | $1,800,000 |
$55,000 | $720,000 |
| Home Purchase |
1,944 | $163,348,000 |
$84,000 | $960,000 |
$58,000 | $628,000 |
| Refinancing |
2,817 | $248,258,000 |
$88,000 | $1,000,000 |
$59,000 | $2,340,000 |
|
| American Indian or Alaskan Native |
16 | $1,253,000 |
$78,000 | $225,000 |
$54,000 | $188,000 |
| Asian |
32 | $4,586,000 |
$143,000 | $500,000 |
$108,000 | $400,000 |
| Black or African American |
245 | $16,567,000 |
$67,000 | $381,000 |
$53,000 | $628,000 |
| Hispanic |
46 | $4,764,000 |
$103,000 | $1,000,000 |
$77,000 | $533,000 |
| Native Hawaiin or Other Pacific Islander |
12 | $1,027,000 |
$85,000 | $295,000 |
$76,000 | $257,000 |
| Not applicable |
328 | $26,364,000 |
$80,000 | $1,800,000 |
$17,000 | $290,000 |
| Not Provided |
487 | $40,273,000 |
$82,000 | $1,000,000 |
$66,000 | $900,000 |
| White |
4,378 | $345,533,000 |
$78,000 | $1,000,000 |
$58,000 | $2,340,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,362 | $424,448,000 |
$79,000 | $1,800,000 |
$60,000 | $2,340,000 |
| FHA-insured (Federal Housing Administration) |
114 | $8,853,000 |
$77,000 | $166,000 |
$35,000 | $98,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
27 | $1,995,000 |
$73,000 | $124,000 |
$32,000 | $57,000 |
| VA-guaranteed (Veterans Administration) |
41 | $5,071,000 |
$123,000 | $257,000 |
$49,000 | $192,000 |
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| Application Approved But Not Accepted |
451 | $33,305,000 |
$73,000 | $1,000,000 |
$59,000 | $900,000 |
| Application Denied By Financial Institution |
1,664 | $114,388,000 |
$68,000 | $1,000,000 |
$52,000 | $2,340,000 |
| Application Withdrawn By Applicant |
533 | $50,680,000 |
$95,000 | $360,000 |
$59,000 | $351,000 |
| File Closed For Incompleteness |
111 | $9,269,000 |
$83,000 | $600,000 |
$60,000 | $300,000 |
| Loan Originated |
2,245 | $191,558,000 |
$85,000 | $1,800,000 |
$68,000 | $600,000 |
| Loan Purchased By The Institution |
540 | $41,167,000 |
$76,000 | $440,000 |
$40,000 | $370,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
152 | $12,151,000 |
$79,000 | $975,000 |
$65,000 | $900,000 |
| Credit Application Incomplete |
121 | $9,302,000 |
$76,000 | $320,000 |
$56,000 | $2,340,000 |
| Credit History |
537 | $28,590,000 |
$53,000 | $320,000 |
$48,000 | $720,000 |
| Debt-To-Income Ratio |
176 | $12,754,000 |
$72,000 | $455,000 |
$39,000 | $247,000 |
| Employment History |
9 | $248,000 |
$27,000 | $72,000 |
$21,000 | $52,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
12 | $917,000 |
$76,000 | $260,000 |
$54,000 | $120,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
150 | $13,355,000 |
$89,000 | $1,000,000 |
$67,000 | $900,000 |
| Unverifiable Information |
33 | $3,502,000 |
$106,000 | $320,000 |
$67,000 | $276,000 |
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