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| Location |
Winston County AL
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,124 |
| Total Amount of All Mortgage Loans Applied For | $150,805,000 |
| Average Mortgage Loan Amount Applied For | $134,000 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $88,000 |
| Highest Applicant Income | $1,320,000 |
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| Home Improvement |
117 | $7,547,000 |
$64,000 | $520,000 |
$64,000 | $1,050,000 |
| Home Purchase |
313 | $44,085,000 |
$140,000 | $1,000,000 |
$94,000 | $883,000 |
| Refinancing |
694 | $99,173,000 |
$142,000 | $895,000 |
$89,000 | $1,320,000 |
|
| American Indian or Alaskan Native |
4 | $219,000 |
$54,000 | $116,000 |
$41,000 | $64,000 |
| Asian |
1 | $247,000 |
$247,000 | $247,000 |
$178,000 | $178,000 |
| Black or African American |
3 | $61,000 |
$20,000 | $31,000 |
$25,000 | $50,000 |
| Hispanic |
10 | $1,316,000 |
$131,000 | $308,000 |
$134,000 | $883,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
85 | $15,268,000 |
$179,000 | $692,000 |
$57,000 | $540,000 |
| Not Provided |
73 | $8,347,000 |
$114,000 | $417,000 |
$85,000 | $570,000 |
| White |
948 | $125,347,000 |
$132,000 | $1,000,000 |
$91,000 | $1,320,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
990 | $136,498,000 |
$137,000 | $1,000,000 |
$93,000 | $1,320,000 |
| FHA-insured (Federal Housing Administration) |
119 | $11,898,000 |
$99,000 | $275,000 |
$45,000 | $160,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3 | $195,000 |
$65,000 | $65,000 |
$20,000 | $32,000 |
| VA-guaranteed (Veterans Administration) |
12 | $2,214,000 |
$184,000 | $247,000 |
$66,000 | $178,000 |
|
| Application Approved But Not Accepted |
38 | $4,809,000 |
$126,000 | $417,000 |
$97,000 | $348,000 |
| Application Denied By Financial Institution |
251 | $27,207,000 |
$108,000 | $535,000 |
$68,000 | $1,050,000 |
| Application Withdrawn By Applicant |
79 | $13,181,000 |
$166,000 | $520,000 |
$80,000 | $404,000 |
| File Closed For Incompleteness |
25 | $4,145,000 |
$165,000 | $488,000 |
$95,000 | $450,000 |
| Loan Originated |
579 | $74,055,000 |
$127,000 | $1,000,000 |
$99,000 | $1,320,000 |
| Loan Purchased By The Institution |
152 | $27,408,000 |
$180,000 | $692,000 |
$79,000 | $768,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
29 | $3,895,000 |
$134,000 | $418,000 |
$145,000 | $1,050,000 |
| Credit Application Incomplete |
5 | $641,000 |
$128,000 | $360,000 |
$79,000 | $130,000 |
| Credit History |
54 | $3,071,000 |
$56,000 | $405,000 |
$48,000 | $276,000 |
| Debt-To-Income Ratio |
30 | $4,854,000 |
$161,000 | $535,000 |
$62,000 | $284,000 |
| Employment History |
1 | $50,000 |
$50,000 | $50,000 |
$23,000 | $23,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $290,000 |
$96,000 | $187,000 |
$49,000 | $75,000 |
| Mortgage Insurance Denied |
1 | $49,000 |
$49,000 | $49,000 |
$23,000 | $23,000 |
| Other |
13 | $2,178,000 |
$167,000 | $455,000 |
$73,000 | $177,000 |
| Unverifiable Information |
3 | $414,000 |
$138,000 | $305,000 |
$94,000 | $210,000 |
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