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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 MORTGAGE BANKING
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST UNITED MORTGAGE BANKING |
| Address | 61 JERICHO TURNPIKE JERICHO, NY 11753
JERICHO, NY 11753 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 1,305 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $300,734,000 |
| Average Mortgage Loan Amount Applied For | $222,052 |
| Highest Mortgage Loan Amount Applied For | $1,250,000 |
| Average Applicant Income | $109,736 |
| Highest Applicant Income | $2,411,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,029 | $232,446,000 |
$235,250 | $1,250,000 |
$164,250 | $2,411,000 |
| Refinancing |
276 | $68,288,000 |
$283,000 | $1,020,000 |
$82,000 | $2,400,000 |
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| American Indian or Alaskan Native |
1 | $256,000 |
$256,000 | $256,000 |
$52,000 | $52,000 |
| Asian |
37 | $8,572,000 |
$231,000 | $470,000 |
$87,000 | $237,000 |
| Black or African American |
450 | $102,990,000 |
$132,000 | $750,000 |
$66,666 | $898,000 |
| Hispanic |
348 | $75,617,000 |
$198,500 | $640,000 |
$59,000 | $188,000 |
| Native Hawaiin or Other Pacific Islander |
13 | $2,870,000 |
$220,000 | $364,000 |
$70,000 | $179,000 |
| Not applicable |
10 | $2,746,000 |
$274,000 | $448,000 |
$65,000 | $135,000 |
| Not Provided |
180 | $43,122,000 |
$321,500 | $780,000 |
$71,000 | $898,000 |
| White |
266 | $64,561,000 |
$363,666 | $1,250,000 |
$238,666 | $2,411,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,252 | $285,980,000 |
$280,666 | $1,250,000 |
$136,666 | $2,411,000 |
| FHA-insured (Federal Housing Administration) |
53 | $14,754,000 |
$278,000 | $446,000 |
$72,000 | $199,000 |
| 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 |
49 | $11,660,000 |
$149,000 | $636,000 |
$137,500 | $2,400,000 |
| Application Denied By Financial Institution |
34 | $8,617,000 |
$253,000 | $551,000 |
$52,000 | $161,000 |
| Application Withdrawn By Applicant |
387 | $93,498,000 |
$321,200 | $1,020,000 |
$151,400 | $898,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
835 | $186,959,000 |
$152,666 | $1,250,000 |
$61,000 | $2,411,000 |
| 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 |
7 | $2,016,000 |
$288,000 | $446,000 |
$73,000 | $140,000 |
| Credit Application Incomplete |
1 | $280,000 |
$280,000 | $280,000 |
$67,000 | $67,000 |
| Credit History |
20 | $4,978,000 |
$248,000 | $551,000 |
$45,000 | $122,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $254,000 |
$254,000 | $254,000 |
$63,000 | $63,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $628,000 |
$157,000 | $312,000 |
$16,000 | $64,000 |
| Unverifiable Information |
1 | $461,000 |
$461,000 | $461,000 |
$161,000 | $161,000 |
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Mortgage Loan App Totals for FIRST UNITED MORTGAGE BANKING by:
Metropolitan Area And
County
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