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| Location |
Saluda County SC
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 531 |
| Total Amount of All Mortgage Loans Applied For | $57,858,000 |
| Average Mortgage Loan Amount Applied For | $108,000 |
| Highest Mortgage Loan Amount Applied For | $675,000 |
| Average Applicant Income | $58,000 |
| Highest Applicant Income | $373,000 |
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| Home Improvement |
56 | $2,905,000 |
$51,000 | $202,000 |
$52,000 | $140,000 |
| Home Purchase |
150 | $18,279,000 |
$121,000 | $675,000 |
$61,000 | $285,000 |
| Refinancing |
325 | $36,674,000 |
$112,000 | $560,000 |
$58,000 | $373,000 |
|
| American Indian or Alaskan Native |
1 | $132,000 |
$132,000 | $132,000 |
$74,000 | $74,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
68 | $4,500,000 |
$66,000 | $194,000 |
$46,000 | $216,000 |
| Hispanic |
12 | $912,000 |
$76,000 | $227,000 |
$38,000 | $70,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
41 | $5,753,000 |
$140,000 | $440,000 |
$26,000 | $169,000 |
| Not Provided |
48 | $5,029,000 |
$104,000 | $300,000 |
$59,000 | $247,000 |
| White |
361 | $41,532,000 |
$115,000 | $675,000 |
$65,000 | $373,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
427 | $45,947,000 |
$107,000 | $675,000 |
$61,000 | $373,000 |
| FHA-insured (Federal Housing Administration) |
92 | $10,830,000 |
$117,000 | $260,000 |
$47,000 | $138,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
8 | $611,000 |
$76,000 | $117,000 |
$25,000 | $49,000 |
| VA-guaranteed (Veterans Administration) |
4 | $470,000 |
$117,000 | $156,000 |
$55,000 | $58,000 |
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| Application Approved But Not Accepted |
48 | $4,678,000 |
$97,000 | $333,000 |
$62,000 | $180,000 |
| Application Denied By Financial Institution |
146 | $13,537,000 |
$92,000 | $308,000 |
$50,000 | $232,000 |
| Application Withdrawn By Applicant |
44 | $5,055,000 |
$114,000 | $284,000 |
$58,000 | $216,000 |
| File Closed For Incompleteness |
17 | $1,928,000 |
$113,000 | $230,000 |
$68,000 | $247,000 |
| Loan Originated |
209 | $23,080,000 |
$110,000 | $560,000 |
$68,000 | $373,000 |
| Loan Purchased By The Institution |
67 | $9,580,000 |
$142,000 | $675,000 |
$41,000 | $192,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
8 | $1,254,000 |
$156,000 | $268,000 |
$77,000 | $138,000 |
| Credit Application Incomplete |
5 | $482,000 |
$96,000 | $183,000 |
$54,000 | $95,000 |
| Credit History |
38 | $2,718,000 |
$71,000 | $244,000 |
$45,000 | $122,000 |
| Debt-To-Income Ratio |
16 | $1,479,000 |
$92,000 | $268,000 |
$43,000 | $99,000 |
| Employment History |
1 | $25,000 |
$25,000 | $25,000 |
$16,000 | $16,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $188,000 |
$94,000 | $109,000 |
$74,000 | $90,000 |
| Mortgage Insurance Denied |
1 | $113,000 |
$113,000 | $113,000 |
$44,000 | $44,000 |
| Other |
9 | $1,112,000 |
$123,000 | $282,000 |
$43,000 | $72,000 |
| Unverifiable Information |
6 | $1,040,000 |
$173,000 | $308,000 |
$107,000 | $232,000 |
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