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| Location |
Ward County ND
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 2,944 |
| Total Amount of All Mortgage Loans Applied For | $344,090,000 |
| Average Mortgage Loan Amount Applied For | $116,000 |
| Highest Mortgage Loan Amount Applied For | $5,000,000 |
| Average Applicant Income | $65,000 |
| Highest Applicant Income | $1,413,000 |
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| Home Improvement |
211 | $9,471,000 |
$44,000 | $352,000 |
$67,000 | $930,000 |
| Home Purchase |
1,493 | $189,836,000 |
$127,000 | $720,000 |
$65,000 | $1,413,000 |
| Refinancing |
1,240 | $144,783,000 |
$116,000 | $5,000,000 |
$64,000 | $605,000 |
|
| American Indian or Alaskan Native |
14 | $1,310,000 |
$93,000 | $224,000 |
$59,000 | $91,000 |
| Asian |
13 | $1,609,000 |
$123,000 | $275,000 |
$40,000 | $62,000 |
| Black or African American |
39 | $4,911,000 |
$125,000 | $416,000 |
$73,000 | $605,000 |
| Hispanic |
40 | $4,079,000 |
$101,000 | $196,000 |
$50,000 | $144,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $721,000 |
$144,000 | $221,000 |
$96,000 | $330,000 |
| Not applicable |
397 | $59,862,000 |
$150,000 | $5,000,000 |
$28,000 | $1,216,000 |
| Not Provided |
209 | $20,206,000 |
$96,000 | $422,000 |
$63,000 | $441,000 |
| White |
2,227 | $251,392,000 |
$112,000 | $720,000 |
$71,000 | $1,413,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,944 | $211,130,000 |
$108,000 | $5,000,000 |
$74,000 | $1,413,000 |
| FHA-insured (Federal Housing Administration) |
603 | $76,354,000 |
$126,000 | $275,000 |
$49,000 | $1,216,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
397 | $56,606,000 |
$142,000 | $347,000 |
$42,000 | $135,000 |
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| Application Approved But Not Accepted |
124 | $12,057,000 |
$97,000 | $356,000 |
$70,000 | $486,000 |
| Application Denied By Financial Institution |
335 | $36,225,000 |
$108,000 | $5,000,000 |
$57,000 | $360,000 |
| Application Withdrawn By Applicant |
220 | $24,682,000 |
$112,000 | $417,000 |
$72,000 | $576,000 |
| File Closed For Incompleteness |
75 | $7,596,000 |
$101,000 | $248,000 |
$55,000 | $250,000 |
| Loan Originated |
1,737 | $200,332,000 |
$115,000 | $720,000 |
$71,000 | $1,413,000 |
| Loan Purchased By The Institution |
453 | $63,198,000 |
$139,000 | $422,000 |
$41,000 | $1,216,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
52 | $5,266,000 |
$101,000 | $416,000 |
$76,000 | $360,000 |
| Credit Application Incomplete |
3 | $302,000 |
$100,000 | $130,000 |
$84,000 | $165,000 |
| Credit History |
63 | $3,822,000 |
$60,000 | $293,000 |
$50,000 | $196,000 |
| Debt-To-Income Ratio |
57 | $10,353,000 |
$181,000 | $5,000,000 |
$47,000 | $163,000 |
| Employment History |
4 | $478,000 |
$119,000 | $202,000 |
$49,000 | $99,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $378,000 |
$126,000 | $170,000 |
$58,000 | $61,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
23 | $2,159,000 |
$93,000 | $251,000 |
$62,000 | $120,000 |
| Unverifiable Information |
8 | $716,000 |
$89,000 | $143,000 |
$61,000 | $130,000 |
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