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| Location |
Turner County SD
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 473 |
| Total Amount of All Mortgage Loans Applied For | $50,987,000 |
| Average Mortgage Loan Amount Applied For | $107,000 |
| Highest Mortgage Loan Amount Applied For | $2,424,000 |
| Average Applicant Income | $72,000 |
| Highest Applicant Income | $2,337,000 |
|
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| Home Improvement |
65 | $3,189,000 |
$49,000 | $215,000 |
$51,000 | $108,000 |
| Home Purchase |
141 | $14,111,000 |
$100,000 | $417,000 |
$57,000 | $229,000 |
| Refinancing |
267 | $33,687,000 |
$126,000 | $2,424,000 |
$84,000 | $2,337,000 |
|
| American Indian or Alaskan Native |
1 | $395,000 |
$395,000 | $395,000 |
$88,000 | $88,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
3 | $138,000 |
$46,000 | $114,000 |
$43,000 | $55,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
39 | $7,594,000 |
$194,000 | $2,424,000 |
$42,000 | $110,000 |
| Not Provided |
21 | $1,705,000 |
$81,000 | $240,000 |
$54,000 | $136,000 |
| White |
409 | $41,155,000 |
$100,000 | $545,000 |
$76,000 | $2,337,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
393 | $42,538,000 |
$108,000 | $2,424,000 |
$77,000 | $2,337,000 |
| FHA-insured (Federal Housing Administration) |
52 | $5,777,000 |
$111,000 | $275,000 |
$49,000 | $105,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
21 | $1,703,000 |
$81,000 | $145,000 |
$35,000 | $67,000 |
| VA-guaranteed (Veterans Administration) |
7 | $969,000 |
$138,000 | $207,000 |
$41,000 | $83,000 |
|
| Application Approved But Not Accepted |
25 | $2,475,000 |
$99,000 | $382,000 |
$76,000 | $174,000 |
| Application Denied By Financial Institution |
84 | $7,233,000 |
$86,000 | $417,000 |
$57,000 | $234,000 |
| Application Withdrawn By Applicant |
41 | $4,310,000 |
$105,000 | $395,000 |
$64,000 | $173,000 |
| File Closed For Incompleteness |
7 | $766,000 |
$109,000 | $203,000 |
$40,000 | $102,000 |
| Loan Originated |
256 | $28,040,000 |
$109,000 | $2,424,000 |
$81,000 | $2,337,000 |
| Loan Purchased By The Institution |
60 | $8,163,000 |
$136,000 | $396,000 |
$60,000 | $174,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
9 | $1,220,000 |
$135,000 | $417,000 |
$95,000 | $234,000 |
| Credit Application Incomplete |
9 | $948,000 |
$105,000 | $148,000 |
$53,000 | $92,000 |
| Credit History |
11 | $379,000 |
$34,000 | $90,000 |
$57,000 | $104,000 |
| Debt-To-Income Ratio |
4 | $544,000 |
$136,000 | $275,000 |
$63,000 | $93,000 |
| Employment History |
1 | $40,000 |
$40,000 | $40,000 |
$36,000 | $36,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $403,000 |
$134,000 | $235,000 |
$72,000 | $105,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $330,000 |
$110,000 | $246,000 |
$40,000 | $98,000 |
| Unverifiable Information |
2 | $125,000 |
$62,000 | $73,000 |
$63,000 | $64,000 |
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