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| Location |
Warren County NC
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 815 |
| Total Amount of All Mortgage Loans Applied For | $133,162,000 |
| Average Mortgage Loan Amount Applied For | $163,000 |
| Highest Mortgage Loan Amount Applied For | $1,821,000 |
| Average Applicant Income | $90,000 |
| Highest Applicant Income | $1,158,000 |
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| Home Improvement |
78 | $4,002,000 |
$51,000 | $417,000 |
$62,000 | $350,000 |
| Home Purchase |
222 | $41,156,000 |
$185,000 | $1,821,000 |
$103,000 | $1,158,000 |
| Refinancing |
515 | $88,004,000 |
$170,000 | $1,200,000 |
$88,000 | $1,000,000 |
|
| American Indian or Alaskan Native |
10 | $902,000 |
$90,000 | $183,000 |
$45,000 | $89,000 |
| Asian |
3 | $1,916,000 |
$638,000 | $863,000 |
$476,000 | $726,000 |
| Black or African American |
228 | $21,060,000 |
$92,000 | $495,000 |
$51,000 | $180,000 |
| Hispanic |
9 | $1,125,000 |
$125,000 | $417,000 |
$82,000 | $269,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $225,000 |
$75,000 | $105,000 |
$59,000 | $116,000 |
| Not applicable |
37 | $10,895,000 |
$294,000 | $1,821,000 |
$52,000 | $1,000,000 |
| Not Provided |
116 | $16,533,000 |
$142,000 | $694,000 |
$84,000 | $495,000 |
| White |
409 | $80,506,000 |
$196,000 | $1,200,000 |
$115,000 | $1,158,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
681 | $116,480,000 |
$171,000 | $1,821,000 |
$98,000 | $1,158,000 |
| FHA-insured (Federal Housing Administration) |
121 | $15,214,000 |
$125,000 | $349,000 |
$46,000 | $238,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
5 | $479,000 |
$95,000 | $143,000 |
$66,000 | $143,000 |
| VA-guaranteed (Veterans Administration) |
8 | $989,000 |
$123,000 | $167,000 |
$59,000 | $120,000 |
|
| Application Approved But Not Accepted |
53 | $6,915,000 |
$130,000 | $651,000 |
$82,000 | $356,000 |
| Application Denied By Financial Institution |
230 | $24,812,000 |
$107,000 | $720,000 |
$60,000 | $424,000 |
| Application Withdrawn By Applicant |
98 | $18,509,000 |
$188,000 | $910,000 |
$114,000 | $838,000 |
| File Closed For Incompleteness |
18 | $3,545,000 |
$196,000 | $707,000 |
$129,000 | $450,000 |
| Loan Originated |
339 | $61,973,000 |
$182,000 | $1,821,000 |
$100,000 | $1,158,000 |
| Loan Purchased By The Institution |
77 | $17,408,000 |
$226,000 | $650,000 |
$103,000 | $1,000,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
27 | $3,408,000 |
$126,000 | $324,000 |
$93,000 | $375,000 |
| Credit Application Incomplete |
10 | $1,119,000 |
$111,000 | $210,000 |
$53,000 | $102,000 |
| Credit History |
47 | $2,422,000 |
$51,000 | $203,000 |
$46,000 | $350,000 |
| Debt-To-Income Ratio |
30 | $4,882,000 |
$162,000 | $720,000 |
$71,000 | $275,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $96,000 |
$48,000 | $55,000 |
$320,000 | $424,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
10 | $2,216,000 |
$221,000 | $612,000 |
$98,000 | $336,000 |
| Unverifiable Information |
3 | $358,000 |
$119,000 | $147,000 |
$65,000 | $102,000 |
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