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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 CO., INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST UNITED MORTGAGE CO., INC |
| Address | 216 NORTH AVENUE EAST
CRANFORD, NJ 07016 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,282 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $291,970,000 |
| Average Mortgage Loan Amount Applied For | $237,627 |
| Highest Mortgage Loan Amount Applied For | $2,700,000 |
| Average Applicant Income | $138,906 |
| Highest Applicant Income | $2,242,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
960 | $202,534,000 |
$210,000 | $2,700,000 |
$130,000 | $2,242,000 |
| Refinancing |
322 | $89,436,000 |
$277,000 | $2,000,000 |
$131,000 | $816,000 |
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| American Indian or Alaskan Native |
5 | $1,208,000 |
$241,000 | $381,000 |
$116,000 | $200,000 |
| Asian |
27 | $7,526,000 |
$278,000 | $994,000 |
$130,000 | $354,000 |
| Black or African American |
307 | $63,012,000 |
$205,000 | $1,534,000 |
$113,000 | $515,000 |
| Hispanic |
452 | $101,754,000 |
$225,000 | $820,000 |
$118,000 | $355,000 |
| Native Hawaiin or Other Pacific Islander |
21 | $4,535,000 |
$215,000 | $460,000 |
$152,000 | $309,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
109 | $24,464,000 |
$224,000 | $2,700,000 |
$100,000 | $620,000 |
| White |
361 | $89,471,000 |
$247,000 | $2,000,000 |
$169,000 | $2,242,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,254 | $284,801,000 |
$227,000 | $2,700,000 |
$131,000 | $2,242,000 |
| FHA-insured (Federal Housing Administration) |
28 | $7,169,000 |
$256,000 | $376,000 |
$76,000 | $132,000 |
| 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 |
22 | $4,244,000 |
$192,000 | $432,000 |
$140,000 | $309,000 |
| Application Denied By Financial Institution |
5 | $1,250,000 |
$250,000 | $460,000 |
$108,000 | $150,000 |
| Application Withdrawn By Applicant |
24 | $5,147,000 |
$214,000 | $396,000 |
$123,000 | $522,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,231 | $281,329,000 |
$228,000 | $2,700,000 |
$130,000 | $2,242,000 |
| 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 |
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 |
1 | $235,000 |
$235,000 | $235,000 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST UNITED MORTGAGE CO., INC by:
Metropolitan Area And
County
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