|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
UNITED BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
UNITED BANK |
| Address | 2600 S. THOMPSON
SPRINGDALE, AR 72764 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,000 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $125,010,000 |
| Average Mortgage Loan Amount Applied For | $172,390 |
| Highest Mortgage Loan Amount Applied For | $2,950,000 |
| Average Applicant Income | $124,885 |
| Highest Applicant Income | $1,500,000 |
|
|
|
| Home Improvement |
19 | $968,000 |
$50,000 | $170,000 |
$81,000 | $216,000 |
| Home Purchase |
687 | $75,511,000 |
$109,000 | $1,000,000 |
$94,000 | $1,500,000 |
| Refinancing |
301 | $49,312,000 |
$163,000 | $2,950,000 |
$94,000 | $602,000 |
|
|
| American Indian or Alaskan Native |
5 | $345,000 |
$69,000 | $116,000 |
$54,000 | $76,000 |
| Asian |
11 | $2,782,000 |
$252,000 | $800,000 |
$85,000 | $300,000 |
| Black or African American |
86 | $8,324,000 |
$96,000 | $456,000 |
$77,000 | $290,000 |
| Hispanic |
114 | $11,483,000 |
$100,000 | $462,000 |
$70,000 | $1,044,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
27 | $5,275,000 |
$195,000 | $2,950,000 |
$8,000 | $216,000 |
| Not Provided |
23 | $2,459,000 |
$106,000 | $320,000 |
$64,000 | $475,000 |
| White |
741 | $95,123,000 |
$128,000 | $1,125,000 |
$104,000 | $1,500,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
891 | $113,076,000 |
$126,000 | $2,950,000 |
$100,000 | $1,500,000 |
| FHA-insured (Federal Housing Administration) |
92 | $9,711,000 |
$105,000 | $184,000 |
$45,000 | $171,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
5 | $497,000 |
$99,000 | $141,000 |
$46,000 | $60,000 |
| VA-guaranteed (Veterans Administration) |
19 | $2,507,000 |
$131,000 | $226,000 |
$46,000 | $98,000 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
78 | $9,302,000 |
$119,000 | $520,000 |
$69,000 | $700,000 |
| Application Withdrawn By Applicant |
209 | $33,288,000 |
$159,000 | $1,125,000 |
$100,000 | $1,200,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
713 | $82,324,000 |
$115,000 | $2,950,000 |
$95,000 | $1,500,000 |
| Loan Purchased By The Institution |
7 | $877,000 |
$125,000 | $267,000 |
$42,000 | $97,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
20 | $2,673,000 |
$133,000 | $220,000 |
$48,000 | $187,000 |
| Credit Application Incomplete |
2 | $126,000 |
$63,000 | $86,000 |
$162,000 | $162,000 |
| Credit History |
16 | $1,542,000 |
$96,000 | $280,000 |
$50,000 | $152,000 |
| Debt-To-Income Ratio |
11 | $1,929,000 |
$175,000 | $520,000 |
$78,000 | $232,000 |
| Employment History |
5 | $743,000 |
$148,000 | $375,000 |
$38,000 | $74,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $66,000 |
$66,000 | $66,000 |
$65,000 | $65,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
22 | $2,093,000 |
$95,000 | $468,000 |
$99,000 | $700,000 |
| Unverifiable Information |
1 | $130,000 |
$130,000 | $130,000 |
$35,000 | $35,000 |
|
Mortgage Loan App Totals for UNITED BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
