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| Location |
Raleigh County WV
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 3,234 |
| Total Amount of All Mortgage Loans Applied For | $328,544,000 |
| Average Mortgage Loan Amount Applied For | $101,000 |
| Highest Mortgage Loan Amount Applied For | $13,440,000 |
| Average Applicant Income | $66,000 |
| Highest Applicant Income | $2,027,000 |
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| Home Improvement |
520 | $22,931,000 |
$44,000 | $594,000 |
$58,000 | $490,000 |
| Home Purchase |
1,005 | $110,397,000 |
$109,000 | $1,066,000 |
$69,000 | $2,027,000 |
| Refinancing |
1,709 | $195,216,000 |
$114,000 | $13,440,000 |
$66,000 | $850,000 |
|
| American Indian or Alaskan Native |
16 | $3,233,000 |
$202,000 | $1,066,000 |
$111,000 | $357,000 |
| Asian |
20 | $4,278,000 |
$213,000 | $645,000 |
$171,000 | $649,000 |
| Black or African American |
130 | $11,204,000 |
$86,000 | $891,000 |
$56,000 | $231,000 |
| Hispanic |
14 | $1,204,000 |
$86,000 | $188,000 |
$52,000 | $102,000 |
| Native Hawaiin or Other Pacific Islander |
10 | $3,063,000 |
$306,000 | $800,000 |
$154,000 | $400,000 |
| Not applicable |
107 | $25,027,000 |
$233,000 | $13,440,000 |
$18,000 | $180,000 |
| Not Provided |
123 | $12,897,000 |
$104,000 | $417,000 |
$68,000 | $335,000 |
| White |
2,814 | $267,638,000 |
$95,000 | $1,065,000 |
$67,000 | $2,027,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,577 | $258,896,000 |
$100,000 | $13,440,000 |
$68,000 | $935,000 |
| FHA-insured (Federal Housing Administration) |
572 | $60,262,000 |
$105,000 | $392,000 |
$59,000 | $2,027,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
21 | $1,723,000 |
$82,000 | $133,000 |
$33,000 | $60,000 |
| VA-guaranteed (Veterans Administration) |
64 | $7,663,000 |
$119,000 | $279,000 |
$48,000 | $162,000 |
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| Application Approved But Not Accepted |
215 | $21,495,000 |
$99,000 | $1,066,000 |
$70,000 | $470,000 |
| Application Denied By Financial Institution |
892 | $69,720,000 |
$78,000 | $631,000 |
$54,000 | $850,000 |
| Application Withdrawn By Applicant |
367 | $39,898,000 |
$108,000 | $645,000 |
$69,000 | $750,000 |
| File Closed For Incompleteness |
43 | $4,657,000 |
$108,000 | $397,000 |
$86,000 | $330,000 |
| Loan Originated |
1,555 | $173,689,000 |
$111,000 | $13,440,000 |
$73,000 | $2,027,000 |
| Loan Purchased By The Institution |
161 | $19,020,000 |
$118,000 | $891,000 |
$42,000 | $188,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
1 | $65,000 |
$65,000 | $65,000 |
$31,000 | $31,000 |
|
| Collateral |
108 | $10,262,000 |
$95,000 | $594,000 |
$62,000 | $490,000 |
| Credit Application Incomplete |
44 | $5,640,000 |
$128,000 | $492,000 |
$76,000 | $266,000 |
| Credit History |
249 | $16,117,000 |
$64,000 | $392,000 |
$57,000 | $850,000 |
| Debt-To-Income Ratio |
121 | $9,989,000 |
$82,000 | $631,000 |
$47,000 | $483,000 |
| Employment History |
7 | $493,000 |
$70,000 | $174,000 |
$51,000 | $178,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
18 | $1,134,000 |
$63,000 | $155,000 |
$45,000 | $102,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
20 | $1,278,000 |
$63,000 | $155,000 |
$36,000 | $88,000 |
| Unverifiable Information |
11 | $981,000 |
$89,000 | $146,000 |
$59,000 | $96,000 |
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