|
| Location |
Sequoyah County OK
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,945 |
| Total Amount of All Mortgage Loans Applied For | $164,234,000 |
| Average Mortgage Loan Amount Applied For | $84,000 |
| Highest Mortgage Loan Amount Applied For | $495,000 |
| Average Applicant Income | $58,000 |
| Highest Applicant Income | $999,000 |
|
|
|
| Home Improvement |
288 | $9,167,000 |
$31,000 | $400,000 |
$48,000 | $250,000 |
| Home Purchase |
869 | $75,897,000 |
$87,000 | $495,000 |
$56,000 | $999,000 |
| Refinancing |
788 | $79,170,000 |
$100,000 | $450,000 |
$64,000 | $860,000 |
|
| American Indian or Alaskan Native |
219 | $15,812,000 |
$72,000 | $495,000 |
$67,000 | $614,000 |
| Asian |
8 | $639,000 |
$79,000 | $270,000 |
$44,000 | $78,000 |
| Black or African American |
18 | $1,800,000 |
$100,000 | $190,000 |
$40,000 | $91,000 |
| Hispanic |
39 | $3,795,000 |
$97,000 | $383,000 |
$43,000 | $160,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $3,000 |
$3,000 | $3,000 |
$11,000 | $11,000 |
| Not applicable |
149 | $15,196,000 |
$101,000 | $450,000 |
$42,000 | $540,000 |
| Not Provided |
108 | $9,440,000 |
$87,000 | $417,000 |
$61,000 | $511,000 |
| White |
1,403 | $117,549,000 |
$83,000 | $466,000 |
$59,000 | $999,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,413 | $111,495,000 |
$78,000 | $495,000 |
$62,000 | $999,000 |
| FHA-insured (Federal Housing Administration) |
381 | $38,022,000 |
$99,000 | $270,000 |
$55,000 | $614,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
100 | $7,863,000 |
$78,000 | $145,000 |
$30,000 | $68,000 |
| VA-guaranteed (Veterans Administration) |
51 | $6,854,000 |
$134,000 | $394,000 |
$43,000 | $141,000 |
|
| Application Approved But Not Accepted |
81 | $4,830,000 |
$59,000 | $269,000 |
$47,000 | $141,000 |
| Application Denied By Financial Institution |
451 | $33,973,000 |
$75,000 | $417,000 |
$50,000 | $537,000 |
| Application Withdrawn By Applicant |
169 | $16,699,000 |
$98,000 | $417,000 |
$60,000 | $400,000 |
| File Closed For Incompleteness |
23 | $2,765,000 |
$120,000 | $350,000 |
$63,000 | $198,000 |
| Loan Originated |
1,029 | $85,343,000 |
$82,000 | $495,000 |
$65,000 | $999,000 |
| Loan Purchased By The Institution |
192 | $20,624,000 |
$107,000 | $399,000 |
$43,000 | $384,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
38 | $3,459,000 |
$91,000 | $417,000 |
$102,000 | $511,000 |
| Credit Application Incomplete |
20 | $2,051,000 |
$102,000 | $370,000 |
$53,000 | $130,000 |
| Credit History |
174 | $9,458,000 |
$54,000 | $270,000 |
$40,000 | $272,000 |
| Debt-To-Income Ratio |
32 | $3,196,000 |
$99,000 | $378,000 |
$40,000 | $138,000 |
| Employment History |
4 | $188,000 |
$47,000 | $83,000 |
$8,000 | $23,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $618,000 |
$154,000 | $417,000 |
$47,000 | $80,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
22 | $2,374,000 |
$107,000 | $383,000 |
$72,000 | $384,000 |
| Unverifiable Information |
5 | $991,000 |
$198,000 | $378,000 |
$174,000 | $537,000 |
|
|