| $3,446,236,491 in Mortgage Loans Applied for in 2008 from 17,391,570 Applications |
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Taylor County IA
Mortgage Loan Application Totals and Details
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| Location |
Taylor County IA • Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 154 |
| Total Amount of All Mortgage Loans Applied For | $10,126,000 |
| Average Mortgage Loan Amount Applied For | $65,000 |
| Highest Mortgage Loan Amount Applied For | $297,000 |
| Average Applicant Income | $52,000 |
| Highest Applicant Income | $229,000 |
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| Home Improvement |
16 | $260,000 |
$16,000 | $43,000 |
$70,000 | $229,000 |
| Home Purchase |
47 | $2,765,000 |
$58,000 | $215,000 |
$42,000 | $112,000 |
| Refinancing |
91 | $7,101,000 |
$78,000 | $297,000 |
$54,000 | $173,000 |
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| American Indian or Alaskan Native |
1 | $126,000 |
$126,000 | $126,000 |
$68,000 | $68,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
7 | $315,000 |
$45,000 | $81,000 |
$36,000 | $57,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $62,000 |
$62,000 | $62,000 |
$112,000 | $112,000 |
| Not applicable |
5 | $624,000 |
$124,000 | $297,000 |
$25,000 | $55,000 |
| Not Provided |
4 | $230,000 |
$57,000 | $117,000 |
$43,000 | $57,000 |
| White |
136 | $8,769,000 |
$64,000 | $250,000 |
$53,000 | $229,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
119 | $7,699,000 |
$64,000 | $297,000 |
$55,000 | $229,000 |
| FHA-insured (Federal Housing Administration) |
19 | $1,555,000 |
$81,000 | $192,000 |
$50,000 | $91,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
12 | $618,000 |
$51,000 | $81,000 |
$25,000 | $41,000 |
| VA-guaranteed (Veterans Administration) |
4 | $254,000 |
$63,000 | $75,000 |
$57,000 | $68,000 |
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| Application Approved But Not Accepted |
11 | $577,000 |
$52,000 | $126,000 |
$43,000 | $62,000 |
| Application Denied By Financial Institution |
46 | $2,868,000 |
$62,000 | $250,000 |
$47,000 | $173,000 |
| Application Withdrawn By Applicant |
7 | $548,000 |
$78,000 | $116,000 |
$45,000 | $60,000 |
| File Closed For Incompleteness |
6 | $380,000 |
$63,000 | $163,000 |
$43,000 | $64,000 |
| Loan Originated |
72 | $5,051,000 |
$70,000 | $297,000 |
$61,000 | $229,000 |
| Loan Purchased By The Institution |
12 | $702,000 |
$58,000 | $124,000 |
$31,000 | $91,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
6 | $416,000 |
$69,000 | $180,000 |
$61,000 | $102,000 |
| Credit Application Incomplete |
3 | $151,000 |
$50,000 | $75,000 |
$44,000 | $65,000 |
| Credit History |
5 | $201,000 |
$40,000 | $77,000 |
$31,000 | $45,000 |
| Debt-To-Income Ratio |
3 | $390,000 |
$130,000 | $250,000 |
$46,000 | $55,000 |
| Employment History |
1 | $50,000 |
$50,000 | $50,000 |
$18,000 | $18,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $29,000 |
$29,000 | $29,000 |
$40,000 | $40,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Companies for
Taylor County IA in 2008
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