Douglas County SD
Mortgage Loan Application
Totals and Details
for 2016

Years 2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 34
Total Mortgage Loan Application Amount $12,563,000
Average Mortgage Loan Application Amount $369,000
Highest Mortgage Loan Application Amount $8,000,000
Average Applicant Income $304,000
Highest Applicant Income $4,281,000
Download the South Dakota Lender List

Mortgage Loan Application Detail Totals for Douglas County SD in 2016

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 20 $11,358,000 $567,000 $8,000,000 $482,000 $4,281,000
Home Purchase 10 $828,000 $82,000 $225,000 $53,000 $72,000
Home Improvement 4 $377,000 $94,000 $186,000 $40,000 $68,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 30 $4,302,000 $143,000 $697,000 $338,000 $4,281,000
Not applicable 2 $8,122,000 $4,061,000 $8,000,000 $0 $0
Not Provided 2 $139,000 $69,000 $84,000 $84,000 $118,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 0 $0 $0 $0 $0 $0
Native Hawaiin or Other Pacific Islander 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 23 $11,383,000 $494,000 $8,000,000 $431,000 $4,281,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4 $239,000 $59,000 $81,000 $47,000 $72,000
VA-guaranteed (Veterans Administration) 4 $649,000 $162,000 $205,000 $37,000 $88,000
FHA-insured (Federal Housing Administration) 3 $292,000 $97,000 $122,000 $21,000 $65,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 21 $11,067,000 $527,000 $8,000,000 $465,000 $4,281,000
Application Denied By Financial Institution 7 $719,000 $102,000 $236,000 $47,000 $72,000
Application Withdrawn By Applicant 4 $437,000 $109,000 $186,000 $22,000 $50,000
Application Approved But Not Accepted 1 $212,000 $212,000 $212,000 $82,000 $82,000
Loan Purchased By The Institution 1 $128,000 $128,000 $128,000 $63,000 $63,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Debt-To-Income Ratio 1 $36,000 $36,000 $36,000 $54,000 $54,000
Insufficient Cash (Downpayment, Closing Cost) 1 $121,000 $121,000 $121,000 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Download the South Dakota Lender List