|
| Location |
Ward County ND
• Apply Here |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Applications | 3,153 |
| Total Amount of All Mortgage Loans Applied For | $307,642,000 |
| Average Mortgage Loan Amount Applied For | $97,000 |
| Highest Mortgage Loan Amount Applied For | $2,096,000 |
| Average Applicant Income | $61,000 |
| Highest Applicant Income | $1,434,000 |
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|
| Home Improvement |
350 | $13,360,000 |
$38,000 | $225,000 |
$65,000 | $936,000 |
| Home Purchase |
1,619 | $172,037,000 |
$106,000 | $639,000 |
$59,000 | $1,434,000 |
| Refinancing |
1,184 | $122,245,000 |
$103,000 | $2,096,000 |
$62,000 | $486,000 |
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|
| American Indian or Alaskan Native |
25 | $2,095,000 |
$83,000 | $208,000 |
$49,000 | $121,000 |
| Asian |
25 | $2,536,000 |
$101,000 | $200,000 |
$81,000 | $400,000 |
| Black or African American |
47 | $5,534,000 |
$117,000 | $272,000 |
$79,000 | $371,000 |
| Hispanic |
45 | $4,250,000 |
$94,000 | $286,000 |
$61,000 | $185,000 |
| Native Hawaiin or Other Pacific Islander |
7 | $796,000 |
$113,000 | $226,000 |
$92,000 | $165,000 |
| Not applicable |
354 | $49,334,000 |
$139,000 | $2,096,000 |
$32,000 | $266,000 |
| Not Provided |
273 | $26,080,000 |
$95,000 | $452,000 |
$66,000 | $400,000 |
| White |
2,377 | $217,017,000 |
$91,000 | $520,000 |
$64,000 | $1,434,000 |
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|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,550 | $237,101,000 |
$92,000 | $2,096,000 |
$65,000 | $1,434,000 |
| FHA-insured (Federal Housing Administration) |
272 | $26,904,000 |
$98,000 | $247,000 |
$39,000 | $248,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3 | $236,000 |
$78,000 | $104,000 |
$28,000 | $34,000 |
| VA-guaranteed (Veterans Administration) |
328 | $43,401,000 |
$132,000 | $295,000 |
$43,000 | $135,000 |
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|
| Application Approved But Not Accepted |
186 | $17,141,000 |
$92,000 | $360,000 |
$77,000 | $936,000 |
| Application Denied By Financial Institution |
370 | $28,508,000 |
$77,000 | $520,000 |
$54,000 | $300,000 |
| Application Withdrawn By Applicant |
238 | $23,242,000 |
$97,000 | $355,000 |
$63,000 | $1,434,000 |
| File Closed For Incompleteness |
146 | $14,660,000 |
$100,000 | $452,000 |
$52,000 | $282,000 |
| Loan Originated |
1,730 | $170,018,000 |
$98,000 | $2,096,000 |
$66,000 | $1,008,000 |
| Loan Purchased By The Institution |
483 | $54,073,000 |
$111,000 | $417,000 |
$43,000 | $371,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
42 | $3,023,000 |
$71,000 | $160,000 |
$60,000 | $150,000 |
| Credit Application Incomplete |
16 | $1,392,000 |
$87,000 | $150,000 |
$60,000 | $114,000 |
| Credit History |
71 | $3,215,000 |
$45,000 | $272,000 |
$52,000 | $254,000 |
| Debt-To-Income Ratio |
36 | $2,825,000 |
$78,000 | $294,000 |
$51,000 | $118,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
5 | $686,000 |
$137,000 | $259,000 |
$73,000 | $147,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
28 | $2,047,000 |
$73,000 | $240,000 |
$57,000 | $157,000 |
| Unverifiable Information |
10 | $1,063,000 |
$106,000 | $170,000 |
$62,000 | $247,000 |
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