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| Location |
Woodford County IL
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 2,242 |
| Total Amount of All Mortgage Loans Applied For | $297,650,000 |
| Average Mortgage Loan Amount Applied For | $132,000 |
| Highest Mortgage Loan Amount Applied For | $915,000 |
| Average Applicant Income | $78,000 |
| Highest Applicant Income | $1,301,000 |
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| Home Improvement |
228 | $15,798,000 |
$69,000 | $416,000 |
$88,000 | $1,301,000 |
| Home Purchase |
755 | $101,355,000 |
$134,000 | $639,000 |
$74,000 | $1,069,000 |
| Refinancing |
1,259 | $180,497,000 |
$143,000 | $915,000 |
$78,000 | $1,181,000 |
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| American Indian or Alaskan Native |
3 | $120,000 |
$40,000 | $110,000 |
$54,000 | $71,000 |
| Asian |
4 | $867,000 |
$216,000 | $340,000 |
$152,000 | $238,000 |
| Black or African American |
4 | $540,000 |
$135,000 | $178,000 |
$50,000 | $105,000 |
| Hispanic |
18 | $2,893,000 |
$160,000 | $275,000 |
$73,000 | $110,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
149 | $23,897,000 |
$160,000 | $834,000 |
$54,000 | $941,000 |
| Not Provided |
117 | $15,416,000 |
$131,000 | $393,000 |
$92,000 | $576,000 |
| White |
1,947 | $253,917,000 |
$130,000 | $915,000 |
$79,000 | $1,301,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,873 | $250,220,000 |
$133,000 | $915,000 |
$83,000 | $1,301,000 |
| FHA-insured (Federal Housing Administration) |
252 | $33,834,000 |
$134,000 | $275,000 |
$58,000 | $188,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
101 | $11,288,000 |
$111,000 | $209,000 |
$33,000 | $72,000 |
| VA-guaranteed (Veterans Administration) |
16 | $2,308,000 |
$144,000 | $274,000 |
$54,000 | $107,000 |
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| Application Approved But Not Accepted |
74 | $8,752,000 |
$118,000 | $417,000 |
$86,000 | $1,181,000 |
| Application Denied By Financial Institution |
372 | $44,636,000 |
$119,000 | $456,000 |
$67,000 | $600,000 |
| Application Withdrawn By Applicant |
141 | $19,031,000 |
$134,000 | $365,000 |
$82,000 | $1,301,000 |
| File Closed For Incompleteness |
22 | $2,883,000 |
$131,000 | $417,000 |
$78,000 | $302,000 |
| Loan Originated |
1,354 | $180,223,000 |
$133,000 | $915,000 |
$82,000 | $1,104,000 |
| Loan Purchased By The Institution |
278 | $42,054,000 |
$151,000 | $650,000 |
$68,000 | $942,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
1 | $71,000 |
$71,000 | $71,000 |
$42,000 | $42,000 |
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| Collateral |
42 | $5,355,000 |
$127,000 | $335,000 |
$76,000 | $278,000 |
| Credit Application Incomplete |
15 | $1,551,000 |
$103,000 | $228,000 |
$68,000 | $162,000 |
| Credit History |
56 | $4,937,000 |
$88,000 | $417,000 |
$69,000 | $576,000 |
| Debt-To-Income Ratio |
41 | $5,285,000 |
$128,000 | $350,000 |
$55,000 | $195,000 |
| Employment History |
1 | $69,000 |
$69,000 | $69,000 |
$13,000 | $13,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $249,000 |
$124,000 | $137,000 |
$42,000 | $48,000 |
| Mortgage Insurance Denied |
1 | $128,000 |
$128,000 | $128,000 |
$59,000 | $59,000 |
| Other |
12 | $1,824,000 |
$152,000 | $456,000 |
$112,000 | $600,000 |
| Unverifiable Information |
3 | $460,000 |
$153,000 | $250,000 |
$80,000 | $113,000 |
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