|
| Location |
Stutsman County ND
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 815 |
| Total Amount of All Mortgage Loans Applied For | $72,094,000 |
| Average Mortgage Loan Amount Applied For | $88,000 |
| Highest Mortgage Loan Amount Applied For | $3,200,000 |
| Average Applicant Income | $58,000 |
| Highest Applicant Income | $696,000 |
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|
| Home Improvement |
117 | $3,236,000 |
$27,000 | $473,000 |
$53,000 | $232,000 |
| Home Purchase |
327 | $34,989,000 |
$107,000 | $3,200,000 |
$57,000 | $650,000 |
| Refinancing |
371 | $33,869,000 |
$91,000 | $320,000 |
$61,000 | $696,000 |
|
| American Indian or Alaskan Native |
1 | $145,000 |
$145,000 | $145,000 |
$224,000 | $224,000 |
| Asian |
1 | $48,000 |
$48,000 | $48,000 |
$30,000 | $30,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
4 | $407,000 |
$101,000 | $143,000 |
$49,000 | $79,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $12,000 |
$12,000 | $12,000 |
$71,000 | $71,000 |
| Not applicable |
48 | $9,302,000 |
$193,000 | $3,200,000 |
$16,000 | $101,000 |
| Not Provided |
48 | $3,528,000 |
$73,000 | $195,000 |
$54,000 | $200,000 |
| White |
712 | $58,652,000 |
$82,000 | $364,000 |
$61,000 | $696,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
580 | $49,927,000 |
$86,000 | $3,200,000 |
$63,000 | $696,000 |
| FHA-insured (Federal Housing Administration) |
195 | $18,936,000 |
$97,000 | $263,000 |
$47,000 | $650,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
29 | $2,000,000 |
$68,000 | $112,000 |
$39,000 | $59,000 |
| VA-guaranteed (Veterans Administration) |
11 | $1,231,000 |
$111,000 | $192,000 |
$53,000 | $93,000 |
|
| Application Approved But Not Accepted |
44 | $3,126,000 |
$71,000 | $203,000 |
$58,000 | $145,000 |
| Application Denied By Financial Institution |
128 | $10,098,000 |
$78,000 | $364,000 |
$57,000 | $696,000 |
| Application Withdrawn By Applicant |
70 | $6,848,000 |
$97,000 | $320,000 |
$70,000 | $650,000 |
| File Closed For Incompleteness |
21 | $2,188,000 |
$104,000 | $200,000 |
$56,000 | $129,000 |
| Loan Originated |
471 | $41,649,000 |
$88,000 | $3,200,000 |
$61,000 | $356,000 |
| Loan Purchased By The Institution |
81 | $8,185,000 |
$101,000 | $263,000 |
$34,000 | $356,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
25 | $2,328,000 |
$93,000 | $218,000 |
$57,000 | $141,000 |
| Credit Application Incomplete |
4 | $494,000 |
$123,000 | $185,000 |
$207,000 | $696,000 |
| Credit History |
18 | $972,000 |
$54,000 | $149,000 |
$51,000 | $120,000 |
| Debt-To-Income Ratio |
18 | $1,563,000 |
$86,000 | $364,000 |
$53,000 | $132,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $62,000 |
$62,000 | $62,000 |
$40,000 | $40,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $514,000 |
$102,000 | $132,000 |
$81,000 | $129,000 |
| Unverifiable Information |
1 | $95,000 |
$95,000 | $95,000 |
$48,000 | $48,000 |
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