|
|
| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
|
|
|
|
|
|
UNION BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
UNION BANK |
| Address | 933 FOURTH AVENUE
LAKE ODESSA, MI 48849 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 42 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,803,000 |
| Average Mortgage Loan Amount Applied For | $147,000 |
| Highest Mortgage Loan Amount Applied For | $825,000 |
| Average Applicant Income | $45,200 |
| Highest Applicant Income | $276,000 |
|
|
|
| Home Improvement |
10 | $208,000 |
$20,000 | $70,000 |
$66,000 | $276,000 |
| Home Purchase |
14 | $1,296,000 |
$92,000 | $500,000 |
$52,000 | $134,000 |
| Refinancing |
18 | $2,299,000 |
$127,000 | $825,000 |
$44,000 | $125,000 |
|
|
| 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 | $3,000 |
$3,000 | $3,000 |
$10,000 | $10,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $1,013,000 |
$506,000 | $825,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
39 | $2,787,000 |
$71,000 | $500,000 |
$56,000 | $276,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
42 | $3,803,000 |
$90,000 | $825,000 |
$52,000 | $276,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
4 | $29,000 |
$7,000 | $16,000 |
$26,000 | $52,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
38 | $3,774,000 |
$99,000 | $825,000 |
$55,000 | $276,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $13,000 |
$4,000 | $5,000 |
$18,000 | $25,000 |
| Debt-To-Income Ratio |
1 | $16,000 |
$16,000 | $16,000 |
$52,000 | $52,000 |
| 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 |
|
Mortgage Loan App Totals for UNION BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
