|
| Location |
Union County MS
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,015 |
| Total Amount of All Mortgage Loans Applied For | $97,142,000 |
| Average Mortgage Loan Amount Applied For | $95,000 |
| Highest Mortgage Loan Amount Applied For | $1,805,000 |
| Average Applicant Income | $60,000 |
| Highest Applicant Income | $1,896,000 |
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| Home Improvement |
98 | $3,988,000 |
$40,000 | $145,000 |
$51,000 | $491,000 |
| Home Purchase |
271 | $24,104,000 |
$88,000 | $821,000 |
$69,000 | $1,896,000 |
| Refinancing |
646 | $69,050,000 |
$106,000 | $1,805,000 |
$57,000 | $900,000 |
|
| American Indian or Alaskan Native |
2 | $97,000 |
$48,000 | $65,000 |
$25,000 | $26,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
105 | $7,488,000 |
$71,000 | $301,000 |
$39,000 | $120,000 |
| Hispanic |
26 | $2,241,000 |
$86,000 | $184,000 |
$43,000 | $113,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
42 | $4,660,000 |
$110,000 | $390,000 |
$33,000 | $227,000 |
| Not Provided |
105 | $7,913,000 |
$75,000 | $216,000 |
$44,000 | $171,000 |
| White |
735 | $74,743,000 |
$101,000 | $1,805,000 |
$67,000 | $1,896,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
801 | $74,560,000 |
$93,000 | $1,805,000 |
$63,000 | $1,896,000 |
| FHA-insured (Federal Housing Administration) |
157 | $17,376,000 |
$110,000 | $212,000 |
$49,000 | $290,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
52 | $4,786,000 |
$92,000 | $147,000 |
$34,000 | $72,000 |
| VA-guaranteed (Veterans Administration) |
5 | $420,000 |
$84,000 | $115,000 |
$48,000 | $85,000 |
|
| Application Approved But Not Accepted |
48 | $3,749,000 |
$78,000 | $251,000 |
$60,000 | $600,000 |
| Application Denied By Financial Institution |
280 | $21,857,000 |
$78,000 | $501,000 |
$49,000 | $1,896,000 |
| Application Withdrawn By Applicant |
77 | $7,424,000 |
$96,000 | $239,000 |
$76,000 | $1,896,000 |
| File Closed For Incompleteness |
33 | $4,515,000 |
$136,000 | $395,000 |
$77,000 | $491,000 |
| Loan Originated |
466 | $47,199,000 |
$101,000 | $1,805,000 |
$63,000 | $900,000 |
| Loan Purchased By The Institution |
111 | $12,398,000 |
$111,000 | $390,000 |
$55,000 | $299,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
26 | $2,355,000 |
$90,000 | $212,000 |
$117,000 | $1,896,000 |
| Credit Application Incomplete |
7 | $772,000 |
$110,000 | $235,000 |
$57,000 | $106,000 |
| Credit History |
34 | $2,229,000 |
$65,000 | $188,000 |
$45,000 | $80,000 |
| Debt-To-Income Ratio |
20 | $2,009,000 |
$100,000 | $501,000 |
$38,000 | $160,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $481,000 |
$160,000 | $347,000 |
$88,000 | $159,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $952,000 |
$119,000 | $250,000 |
$41,000 | $58,000 |
| Unverifiable Information |
3 | $242,000 |
$80,000 | $163,000 |
$42,000 | $60,000 |
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