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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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1ST UNITED BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
1ST UNITED BANK |
| Address | 741 U.S. HIGHWAY ONE
NORTH PALM BEACH, FL 33408 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 30 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $19,773,000 |
| Average Mortgage Loan Amount Applied For | $526,166 |
| Highest Mortgage Loan Amount Applied For | $4,275,000 |
| Average Applicant Income | $177,833 |
| Highest Applicant Income | $3,269,000 |
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| Home Improvement |
1 | $100,000 |
$100,000 | $100,000 |
$381,000 | $381,000 |
| Home Purchase |
18 | $16,255,000 |
$903,000 | $4,275,000 |
$345,000 | $3,269,000 |
| Refinancing |
11 | $3,418,000 |
$310,000 | $620,000 |
$91,000 | $221,000 |
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| 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 |
1 | $107,000 |
$107,000 | $107,000 |
$89,000 | $89,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $5,915,000 |
$985,000 | $1,682,000 |
$0 | $0 |
| Not Provided |
4 | $1,313,000 |
$328,000 | $620,000 |
$90,000 | $220,000 |
| White |
19 | $12,438,000 |
$654,000 | $4,275,000 |
$376,000 | $3,269,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
30 | $19,773,000 |
$659,000 | $4,275,000 |
$253,000 | $3,269,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
4 | $1,596,000 |
$399,000 | $1,260,000 |
$25,000 | $58,000 |
| Application Denied By Financial Institution |
5 | $1,339,000 |
$267,000 | $620,000 |
$117,000 | $220,000 |
| Application Withdrawn By Applicant |
3 | $1,560,000 |
$520,000 | $960,000 |
$114,000 | $238,000 |
| File Closed For Incompleteness |
1 | $413,000 |
$413,000 | $413,000 |
$0 | $0 |
| Loan Originated |
17 | $14,865,000 |
$874,000 | $4,275,000 |
$386,000 | $3,269,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $947,000 |
$473,000 | $620,000 |
$167,000 | $220,000 |
| Debt-To-Income Ratio |
3 | $392,000 |
$130,000 | $200,000 |
$84,000 | $124,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$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 |
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Mortgage Loan App Totals for 1ST UNITED BANK by:
Metropolitan Area And
County
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