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| Location |
Sandoval County NM
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 11,507 |
| Total Amount of All Mortgage Loans Applied For | $2,131,726,000 |
| Average Mortgage Loan Amount Applied For | $185,000 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $79,000 |
| Highest Applicant Income | $2,979,000 |
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| Home Improvement |
783 | $56,102,000 |
$71,000 | $1,225,000 |
$77,000 | $1,054,000 |
| Home Purchase |
4,391 | $842,429,000 |
$191,000 | $1,500,000 |
$80,000 | $2,046,000 |
| Refinancing |
6,333 | $1,233,195,000 |
$194,000 | $2,000,000 |
$78,000 | $2,979,000 |
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| American Indian or Alaskan Native |
199 | $27,417,000 |
$137,000 | $555,000 |
$61,000 | $197,000 |
| Asian |
163 | $33,558,000 |
$205,000 | $800,000 |
$109,000 | $960,000 |
| Black or African American |
189 | $36,065,000 |
$190,000 | $1,000,000 |
$78,000 | $326,000 |
| Hispanic |
3,105 | $531,447,000 |
$171,000 | $1,564,000 |
$71,000 | $2,979,000 |
| Native Hawaiin or Other Pacific Islander |
30 | $5,273,000 |
$175,000 | $276,000 |
$72,000 | $199,000 |
| Not applicable |
651 | $112,917,000 |
$173,000 | $804,000 |
$34,000 | $875,000 |
| Not Provided |
1,470 | $274,441,000 |
$186,000 | $2,000,000 |
$82,000 | $2,046,000 |
| White |
5,700 | $1,110,608,000 |
$194,000 | $1,260,000 |
$87,000 | $2,400,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
8,146 | $1,544,884,000 |
$189,000 | $2,000,000 |
$88,000 | $2,979,000 |
| FHA-insured (Federal Housing Administration) |
2,810 | $467,253,000 |
$166,000 | $506,000 |
$57,000 | $496,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
551 | $119,589,000 |
$217,000 | $426,000 |
$60,000 | $1,320,000 |
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| Application Approved But Not Accepted |
636 | $129,423,000 |
$203,000 | $2,000,000 |
$92,000 | $1,320,000 |
| Application Denied By Financial Institution |
2,593 | $469,419,000 |
$181,000 | $1,260,000 |
$82,000 | $2,979,000 |
| Application Withdrawn By Applicant |
1,267 | $243,788,000 |
$192,000 | $1,500,000 |
$81,000 | $2,046,000 |
| File Closed For Incompleteness |
257 | $53,413,000 |
$207,000 | $1,000,000 |
$114,000 | $2,400,000 |
| Loan Originated |
4,749 | $872,015,000 |
$183,000 | $1,564,000 |
$82,000 | $1,307,000 |
| Loan Purchased By The Institution |
2,005 | $363,668,000 |
$181,000 | $912,000 |
$57,000 | $875,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
349 | $73,776,000 |
$211,000 | $900,000 |
$106,000 | $1,348,000 |
| Credit Application Incomplete |
168 | $37,676,000 |
$224,000 | $1,100,000 |
$84,000 | $527,000 |
| Credit History |
381 | $45,302,000 |
$118,000 | $865,000 |
$74,000 | $567,000 |
| Debt-To-Income Ratio |
336 | $66,260,000 |
$197,000 | $1,100,000 |
$68,000 | $450,000 |
| Employment History |
11 | $2,032,000 |
$184,000 | $413,000 |
$117,000 | $480,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
28 | $5,750,000 |
$205,000 | $650,000 |
$82,000 | $245,000 |
| Mortgage Insurance Denied |
3 | $548,000 |
$182,000 | $190,000 |
$68,000 | $111,000 |
| Other |
159 | $36,463,000 |
$229,000 | $1,260,000 |
$117,000 | $1,187,000 |
| Unverifiable Information |
43 | $9,682,000 |
$225,000 | $1,000,000 |
$101,000 | $456,000 |
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