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| Location |
Rich County UT
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 345 |
| Total Amount of All Mortgage Loans Applied For | $80,005,000 |
| Average Mortgage Loan Amount Applied For | $231,000 |
| Highest Mortgage Loan Amount Applied For | $1,060,000 |
| Average Applicant Income | $145,000 |
| Highest Applicant Income | $1,586,000 |
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| Home Improvement |
22 | $1,299,000 |
$59,000 | $104,000 |
$69,000 | $160,000 |
| Home Purchase |
99 | $24,413,000 |
$246,000 | $1,060,000 |
$180,000 | $1,586,000 |
| Refinancing |
224 | $54,293,000 |
$242,000 | $800,000 |
$137,000 | $1,586,000 |
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $358,000 |
$358,000 | $358,000 |
$66,000 | $66,000 |
| Hispanic |
6 | $2,852,000 |
$475,000 | $1,060,000 |
$210,000 | $414,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
20 | $5,394,000 |
$269,000 | $417,000 |
$36,000 | $250,000 |
| Not Provided |
22 | $6,660,000 |
$302,000 | $688,000 |
$184,000 | $1,008,000 |
| White |
296 | $64,741,000 |
$218,000 | $800,000 |
$149,000 | $1,586,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
322 | $76,825,000 |
$238,000 | $1,060,000 |
$152,000 | $1,586,000 |
| FHA-insured (Federal Housing Administration) |
21 | $3,040,000 |
$144,000 | $209,000 |
$54,000 | $121,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $140,000 |
$70,000 | $70,000 |
$34,000 | $37,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
25 | $4,911,000 |
$196,000 | $465,000 |
$94,000 | $210,000 |
| Application Denied By Financial Institution |
79 | $21,331,000 |
$270,000 | $1,060,000 |
$158,000 | $1,008,000 |
| Application Withdrawn By Applicant |
28 | $4,308,000 |
$153,000 | $600,000 |
$123,000 | $675,000 |
| File Closed For Incompleteness |
10 | $4,065,000 |
$406,000 | $700,000 |
$211,000 | $375,000 |
| Loan Originated |
150 | $32,327,000 |
$215,000 | $621,000 |
$167,000 | $1,586,000 |
| Loan Purchased By The Institution |
53 | $13,063,000 |
$246,000 | $688,000 |
$86,000 | $840,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
22 | $6,195,000 |
$281,000 | $800,000 |
$152,000 | $378,000 |
| Credit Application Incomplete |
1 | $252,000 |
$252,000 | $252,000 |
$134,000 | $134,000 |
| Credit History |
15 | $3,229,000 |
$215,000 | $1,060,000 |
$168,000 | $1,008,000 |
| Debt-To-Income Ratio |
15 | $4,826,000 |
$321,000 | $660,000 |
$122,000 | $342,000 |
| Employment History |
2 | $538,000 |
$269,000 | $403,000 |
$81,000 | $120,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
11 | $2,947,000 |
$267,000 | $610,000 |
$265,000 | $930,000 |
| Unverifiable Information |
2 | $1,144,000 |
$572,000 | $994,000 |
$279,000 | $414,000 |
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