|
| Location |
Washington Parish LA
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,985 |
| Total Amount of All Mortgage Loans Applied For | $168,050,000 |
| Average Mortgage Loan Amount Applied For | $84,000 |
| Highest Mortgage Loan Amount Applied For | $1,100,000 |
| Average Applicant Income | $61,000 |
| Highest Applicant Income | $2,530,000 |
|
|
|
| Home Improvement |
491 | $18,260,000 |
$37,000 | $315,000 |
$55,000 | $300,000 |
| Home Purchase |
536 | $50,346,000 |
$93,000 | $456,000 |
$65,000 | $2,530,000 |
| Refinancing |
958 | $99,444,000 |
$103,000 | $1,100,000 |
$62,000 | $1,368,000 |
|
| American Indian or Alaskan Native |
16 | $841,000 |
$52,000 | $132,000 |
$52,000 | $149,000 |
| Asian |
5 | $375,000 |
$75,000 | $103,000 |
$82,000 | $140,000 |
| Black or African American |
297 | $18,218,000 |
$61,000 | $242,000 |
$47,000 | $295,000 |
| Hispanic |
33 | $2,135,000 |
$64,000 | $211,000 |
$58,000 | $260,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $102,000 |
$102,000 | $102,000 |
$37,000 | $37,000 |
| Not applicable |
86 | $10,270,000 |
$119,000 | $666,000 |
$45,000 | $886,000 |
| Not Provided |
182 | $17,576,000 |
$96,000 | $456,000 |
$54,000 | $221,000 |
| White |
1,365 | $118,533,000 |
$86,000 | $1,100,000 |
$66,000 | $2,530,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,668 | $131,340,000 |
$78,000 | $1,100,000 |
$62,000 | $2,530,000 |
| FHA-insured (Federal Housing Administration) |
276 | $31,352,000 |
$113,000 | $309,000 |
$53,000 | $285,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
21 | $2,277,000 |
$108,000 | $194,000 |
$33,000 | $67,000 |
| VA-guaranteed (Veterans Administration) |
20 | $3,081,000 |
$154,000 | $351,000 |
$72,000 | $187,000 |
|
| Application Approved But Not Accepted |
81 | $7,191,000 |
$88,000 | $312,000 |
$69,000 | $684,000 |
| Application Denied By Financial Institution |
597 | $46,502,000 |
$77,000 | $456,000 |
$55,000 | $2,530,000 |
| Application Withdrawn By Applicant |
110 | $11,424,000 |
$103,000 | $351,000 |
$59,000 | $260,000 |
| File Closed For Incompleteness |
28 | $3,221,000 |
$115,000 | $225,000 |
$54,000 | $107,000 |
| Loan Originated |
975 | $77,237,000 |
$79,000 | $1,100,000 |
$67,000 | $1,368,000 |
| Loan Purchased By The Institution |
194 | $22,475,000 |
$115,000 | $417,000 |
$47,000 | $285,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
51 | $5,706,000 |
$111,000 | $456,000 |
$68,000 | $300,000 |
| Credit Application Incomplete |
21 | $1,883,000 |
$89,000 | $194,000 |
$45,000 | $80,000 |
| Credit History |
158 | $8,288,000 |
$52,000 | $223,000 |
$69,000 | $2,530,000 |
| Debt-To-Income Ratio |
70 | $6,313,000 |
$90,000 | $399,000 |
$37,000 | $132,000 |
| Employment History |
2 | $371,000 |
$185,000 | $338,000 |
$83,000 | $119,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $344,000 |
$86,000 | $124,000 |
$52,000 | $64,000 |
| Mortgage Insurance Denied |
1 | $71,000 |
$71,000 | $71,000 |
$25,000 | $25,000 |
| Other |
36 | $3,165,000 |
$87,000 | $239,000 |
$48,000 | $126,000 |
| Unverifiable Information |
6 | $734,000 |
$122,000 | $296,000 |
$68,000 | $120,000 |
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