|
| Location |
Walker County GA
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 4,050 |
| Total Amount of All Mortgage Loans Applied For | $437,281,000 |
| Average Mortgage Loan Amount Applied For | $107,000 |
| Highest Mortgage Loan Amount Applied For | $1,595,000 |
| Average Applicant Income | $55,000 |
| Highest Applicant Income | $3,311,000 |
|
|
|
| Home Improvement |
307 | $12,303,000 |
$40,000 | $550,000 |
$46,000 | $293,000 |
| Home Purchase |
1,286 | $141,283,000 |
$109,000 | $1,595,000 |
$51,000 | $1,133,000 |
| Refinancing |
2,457 | $283,695,000 |
$115,000 | $903,000 |
$58,000 | $3,311,000 |
|
| American Indian or Alaskan Native |
7 | $596,000 |
$85,000 | $169,000 |
$42,000 | $74,000 |
| Asian |
12 | $1,160,000 |
$96,000 | $144,000 |
$99,000 | $300,000 |
| Black or African American |
87 | $8,169,000 |
$93,000 | $582,000 |
$44,000 | $201,000 |
| Hispanic |
30 | $3,185,000 |
$106,000 | $337,000 |
$55,000 | $200,000 |
| Native Hawaiin or Other Pacific Islander |
8 | $909,000 |
$113,000 | $188,000 |
$43,000 | $73,000 |
| Not applicable |
370 | $43,178,000 |
$116,000 | $903,000 |
$20,000 | $408,000 |
| Not Provided |
364 | $40,687,000 |
$111,000 | $808,000 |
$72,000 | $3,311,000 |
| White |
3,172 | $339,397,000 |
$106,000 | $1,595,000 |
$58,000 | $2,000,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,755 | $289,438,000 |
$105,000 | $1,595,000 |
$60,000 | $3,311,000 |
| FHA-insured (Federal Housing Administration) |
1,195 | $136,729,000 |
$114,000 | $417,000 |
$45,000 | $702,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
56 | $5,294,000 |
$94,000 | $163,000 |
$28,000 | $61,000 |
| VA-guaranteed (Veterans Administration) |
44 | $5,820,000 |
$132,000 | $292,000 |
$38,000 | $108,000 |
|
| Application Approved But Not Accepted |
193 | $19,108,000 |
$99,000 | $417,000 |
$58,000 | $250,000 |
| Application Denied By Financial Institution |
894 | $93,838,000 |
$104,000 | $765,000 |
$50,000 | $521,000 |
| Application Withdrawn By Applicant |
376 | $44,304,000 |
$117,000 | $1,000,000 |
$65,000 | $3,311,000 |
| File Closed For Incompleteness |
103 | $12,868,000 |
$124,000 | $372,000 |
$58,000 | $394,000 |
| Loan Originated |
1,809 | $189,773,000 |
$104,000 | $1,595,000 |
$61,000 | $2,000,000 |
| Loan Purchased By The Institution |
675 | $77,390,000 |
$114,000 | $721,000 |
$42,000 | $408,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
103 | $13,190,000 |
$128,000 | $700,000 |
$60,000 | $521,000 |
| Credit Application Incomplete |
42 | $4,796,000 |
$114,000 | $335,000 |
$51,000 | $123,000 |
| Credit History |
151 | $12,180,000 |
$80,000 | $550,000 |
$47,000 | $300,000 |
| Debt-To-Income Ratio |
87 | $10,860,000 |
$124,000 | $620,000 |
$44,000 | $176,000 |
| Employment History |
5 | $783,000 |
$156,000 | $300,000 |
$66,000 | $83,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $323,000 |
$107,000 | $166,000 |
$67,000 | $121,000 |
| Mortgage Insurance Denied |
2 | $183,000 |
$91,000 | $95,000 |
$42,000 | $47,000 |
| Other |
42 | $5,052,000 |
$120,000 | $417,000 |
$66,000 | $293,000 |
| Unverifiable Information |
10 | $1,277,000 |
$127,000 | $417,000 |
$101,000 | $396,000 |
|
|