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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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UNITED CAPITAL MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
UNITED CAPITAL MORTGAGE |
| Address | 2809 E. OAKLAND AVE, SUITE 2
JOHNSON CITY, TN 37601 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,119 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $281,072,000 |
| Average Mortgage Loan Amount Applied For | $137,344 |
| Highest Mortgage Loan Amount Applied For | $1,190,000 |
| Average Applicant Income | $64,554 |
| Highest Applicant Income | $3,600,000 |
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| Home Improvement |
9 | $931,000 |
$103,000 | $345,000 |
$66,000 | $386,000 |
| Home Purchase |
2,410 | $292,370,000 |
$121,000 | $1,318,000 |
$70,000 | $3,600,000 |
| Refinancing |
1,265 | $166,586,000 |
$131,000 | $860,000 |
$64,000 | $3,500,000 |
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| American Indian or Alaskan Native |
4 | $1,602,000 |
$400,000 | $1,190,000 |
$49,000 | $159,000 |
| Asian |
19 | $2,270,000 |
$119,000 | $264,000 |
$51,000 | $96,000 |
| Black or African American |
414 | $51,461,000 |
$124,000 | $975,000 |
$58,000 | $1,500,000 |
| Hispanic |
72 | $10,450,000 |
$145,000 | $600,000 |
$47,000 | $156,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $717,000 |
$179,000 | $208,000 |
$41,000 | $57,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
763 | $99,195,000 |
$130,000 | $789,000 |
$57,000 | $576,000 |
| White |
2,408 | $294,192,000 |
$122,000 | $1,318,000 |
$73,000 | $3,600,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,643 | $454,268,000 |
$124,000 | $1,318,000 |
$68,000 | $3,600,000 |
| FHA-insured (Federal Housing Administration) |
21 | $2,463,000 |
$117,000 | $242,000 |
$41,000 | $110,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
7 | $917,000 |
$131,000 | $282,000 |
$49,000 | $86,000 |
| VA-guaranteed (Veterans Administration) |
13 | $2,239,000 |
$172,000 | $292,000 |
$48,000 | $78,000 |
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| Application Approved But Not Accepted |
7 | $935,000 |
$133,000 | $213,000 |
$40,000 | $76,000 |
| Application Denied By Financial Institution |
929 | $127,054,000 |
$136,000 | $1,318,000 |
$51,000 | $1,500,000 |
| Application Withdrawn By Applicant |
448 | $51,465,000 |
$114,000 | $1,190,000 |
$49,000 | $450,000 |
| File Closed For Incompleteness |
56 | $4,842,000 |
$86,000 | $296,000 |
$37,000 | $150,000 |
| Loan Originated |
2,244 | $275,591,000 |
$122,000 | $975,000 |
$79,000 | $3,600,000 |
| 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 |
31 | $3,626,000 |
$116,000 | $355,000 |
$42,000 | $354,000 |
| Credit Application Incomplete |
5 | $643,000 |
$128,000 | $190,000 |
$38,000 | $63,000 |
| Credit History |
154 | $17,040,000 |
$110,000 | $459,000 |
$46,000 | $1,500,000 |
| Debt-To-Income Ratio |
16 | $1,624,000 |
$101,000 | $246,000 |
$25,000 | $96,000 |
| Employment History |
4 | $424,000 |
$106,000 | $225,000 |
$43,000 | $100,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
13 | $1,116,000 |
$85,000 | $230,000 |
$32,000 | $96,000 |
| Mortgage Insurance Denied |
2 | $209,000 |
$104,000 | $130,000 |
$36,000 | $51,000 |
| Other |
91 | $11,549,000 |
$126,000 | $367,000 |
$41,000 | $204,000 |
| Unverifiable Information |
5 | $389,000 |
$77,000 | $126,000 |
$23,000 | $48,000 |
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Mortgage Loan App Totals for UNITED CAPITAL MORTGAGE by:
Metropolitan Area And
County
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