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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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UNION BANK INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
UNION BANK INC |
| Address | PO BOX 145
MIDDLEBOURNE, WV 26149 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 181 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,310,000 |
| Average Mortgage Loan Amount Applied For | $77,666 |
| Highest Mortgage Loan Amount Applied For | $430,000 |
| Average Applicant Income | $48,800 |
| Highest Applicant Income | $280,000 |
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| Home Improvement |
25 | $1,081,000 |
$43,000 | $188,000 |
$52,000 | $280,000 |
| Home Purchase |
75 | $4,025,000 |
$53,000 | $300,000 |
$42,000 | $146,000 |
| Refinancing |
82 | $5,304,000 |
$64,000 | $430,000 |
$44,000 | $240,000 |
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| American Indian or Alaskan Native |
1 | $26,000 |
$26,000 | $26,000 |
$14,000 | $14,000 |
| 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 |
| Not applicable |
4 | $319,000 |
$79,000 | $157,000 |
$17,000 | $68,000 |
| Not Provided |
6 | $395,000 |
$65,000 | $130,000 |
$46,000 | $73,000 |
| White |
171 | $9,670,000 |
$56,000 | $430,000 |
$45,000 | $280,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
182 | $10,410,000 |
$57,000 | $430,000 |
$44,000 | $280,000 |
| 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 | $240,000 |
$60,000 | $122,000 |
$48,000 | $101,000 |
| Application Denied By Financial Institution |
39 | $2,030,000 |
$52,000 | $300,000 |
$31,000 | $88,000 |
| Application Withdrawn By Applicant |
8 | $901,000 |
$112,000 | $430,000 |
$74,000 | $240,000 |
| File Closed For Incompleteness |
3 | $137,000 |
$45,000 | $100,000 |
$35,000 | $66,000 |
| Loan Originated |
128 | $7,102,000 |
$55,000 | $384,000 |
$47,000 | $280,000 |
| 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 |
3 | $169,000 |
$56,000 | $66,000 |
$29,000 | $37,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
24 | $962,000 |
$40,000 | $300,000 |
$31,000 | $88,000 |
| Debt-To-Income Ratio |
8 | $610,000 |
$76,000 | $234,000 |
$30,000 | $56,000 |
| Employment History |
3 | $189,000 |
$63,000 | $69,000 |
$32,000 | $71,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $100,000 |
$100,000 | $100,000 |
$50,000 | $50,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for UNION BANK INC by:
Metropolitan Area And
County
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