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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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FIRST UNITED BANK AND TRUST
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST UNITED BANK AND TRUST |
| Address | 19 S. SECOND ST
OAKLAND, MD 21550 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 828 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $93,488,000 |
| Average Mortgage Loan Amount Applied For | $125,388 |
| Highest Mortgage Loan Amount Applied For | $5,800,000 |
| Average Applicant Income | $72,055 |
| Highest Applicant Income | $2,435,000 |
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| Home Improvement |
293 | $5,998,000 |
$20,000 | $537,000 |
$46,000 | $250,000 |
| Home Purchase |
428 | $77,486,000 |
$181,000 | $5,800,000 |
$98,000 | $2,435,000 |
| Refinancing |
124 | $12,914,000 |
$104,000 | $1,200,000 |
$55,000 | $511,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $284,000 |
$142,000 | $195,000 |
$57,000 | $90,000 |
| Black or African American |
19 | $2,231,000 |
$117,000 | $661,000 |
$89,000 | $431,000 |
| Hispanic |
4 | $265,000 |
$66,000 | $180,000 |
$45,000 | $57,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
19 | $14,236,000 |
$749,000 | $5,800,000 |
$0 | $0 |
| Not Provided |
49 | $9,274,000 |
$189,000 | $2,100,000 |
$101,000 | $1,107,000 |
| White |
752 | $70,108,000 |
$93,000 | $1,400,000 |
$74,000 | $2,435,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
823 | $93,459,000 |
$113,000 | $5,800,000 |
$75,000 | $2,435,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
22 | $2,939,000 |
$133,000 | $400,000 |
$41,000 | $70,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
56 | $10,161,000 |
$181,000 | $2,100,000 |
$139,000 | $1,107,000 |
| Application Denied By Financial Institution |
230 | $10,805,000 |
$46,000 | $944,000 |
$43,000 | $408,000 |
| Application Withdrawn By Applicant |
27 | $3,448,000 |
$127,000 | $800,000 |
$62,000 | $234,000 |
| File Closed For Incompleteness |
9 | $1,677,000 |
$186,000 | $330,000 |
$71,000 | $156,000 |
| Loan Originated |
501 | $66,702,000 |
$133,000 | $5,800,000 |
$82,000 | $2,435,000 |
| 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 |
22 | $3,605,000 |
$163,000 | $400,000 |
$61,000 | $149,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 FIRST UNITED BANK AND TRUST by:
Metropolitan Area And
County
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