|
| Location |
Starr County TX
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 919 |
| Total Amount of All Mortgage Loans Applied For | $67,174,000 |
| Average Mortgage Loan Amount Applied For | $73,000 |
| Highest Mortgage Loan Amount Applied For | $1,391,000 |
| Average Applicant Income | $51,000 |
| Highest Applicant Income | $526,000 |
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|
| Home Improvement |
239 | $6,239,000 |
$26,000 | $160,000 |
$43,000 | $526,000 |
| Home Purchase |
253 | $23,791,000 |
$94,000 | $330,000 |
$51,000 | $216,000 |
| Refinancing |
427 | $37,144,000 |
$86,000 | $1,391,000 |
$55,000 | $490,000 |
|
| American Indian or Alaskan Native |
2 | $92,000 |
$46,000 | $48,000 |
$84,000 | $126,000 |
| Asian |
5 | $308,000 |
$61,000 | $90,000 |
$83,000 | $169,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
813 | $56,854,000 |
$69,000 | $417,000 |
$52,000 | $526,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
31 | $3,604,000 |
$116,000 | $285,000 |
$7,000 | $85,000 |
| Not Provided |
45 | $4,171,000 |
$92,000 | $1,391,000 |
$56,000 | $480,000 |
| White |
23 | $2,145,000 |
$93,000 | $277,000 |
$51,000 | $169,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
802 | $55,035,000 |
$68,000 | $1,391,000 |
$51,000 | $526,000 |
| FHA-insured (Federal Housing Administration) |
83 | $8,420,000 |
$101,000 | $270,000 |
$55,000 | $169,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
29 | $3,162,000 |
$109,000 | $262,000 |
$46,000 | $91,000 |
| VA-guaranteed (Veterans Administration) |
5 | $557,000 |
$111,000 | $169,000 |
$28,000 | $54,000 |
|
| Application Approved But Not Accepted |
72 | $4,142,000 |
$57,000 | $285,000 |
$51,000 | $190,000 |
| Application Denied By Financial Institution |
423 | $29,019,000 |
$68,000 | $1,391,000 |
$52,000 | $526,000 |
| Application Withdrawn By Applicant |
58 | $4,971,000 |
$85,000 | $277,000 |
$57,000 | $138,000 |
| File Closed For Incompleteness |
38 | $2,750,000 |
$72,000 | $185,000 |
$60,000 | $137,000 |
| Loan Originated |
267 | $19,405,000 |
$72,000 | $285,000 |
$50,000 | $296,000 |
| Loan Purchased By The Institution |
61 | $6,887,000 |
$112,000 | $285,000 |
$32,000 | $128,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
43 | $3,750,000 |
$87,000 | $330,000 |
$80,000 | $490,000 |
| Credit Application Incomplete |
16 | $1,662,000 |
$103,000 | $280,000 |
$58,000 | $96,000 |
| Credit History |
127 | $5,374,000 |
$42,000 | $190,000 |
$49,000 | $526,000 |
| Debt-To-Income Ratio |
52 | $3,143,000 |
$60,000 | $309,000 |
$31,000 | $109,000 |
| Employment History |
5 | $503,000 |
$100,000 | $215,000 |
$43,000 | $80,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $486,000 |
$162,000 | $175,000 |
$86,000 | $104,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
32 | $2,311,000 |
$72,000 | $270,000 |
$59,000 | $169,000 |
| Unverifiable Information |
7 | $850,000 |
$121,000 | $173,000 |
$56,000 | $112,000 |
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