|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
UNITED COMMUNITY BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
UNITED COMMUNITY BANK |
| Address | PO BOX 148
GILLESPIE, IL 62033 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,073 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $181,905,000 |
| Average Mortgage Loan Amount Applied For | $102,901 |
| Highest Mortgage Loan Amount Applied For | $670,000 |
| Average Applicant Income | $72,319 |
| Highest Applicant Income | $1,633,000 |
|
|
|
| Home Improvement |
249 | $8,126,000 |
$32,000 | $280,000 |
$77,000 | $480,000 |
| Home Purchase |
953 | $87,135,000 |
$91,000 | $670,000 |
$66,000 | $1,633,000 |
| Refinancing |
871 | $86,644,000 |
$99,000 | $619,000 |
$77,000 | $1,173,000 |
|
|
| American Indian or Alaskan Native |
3 | $259,000 |
$86,000 | $205,000 |
$43,000 | $76,000 |
| Asian |
9 | $1,189,000 |
$132,000 | $252,000 |
$66,000 | $135,000 |
| Black or African American |
25 | $2,075,000 |
$83,000 | $346,000 |
$68,000 | $173,000 |
| Hispanic |
16 | $900,000 |
$56,000 | $125,000 |
$48,000 | $98,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
33 | $2,912,000 |
$88,000 | $350,000 |
$198,000 | $1,250,000 |
| Not Provided |
21 | $2,106,000 |
$100,000 | $265,000 |
$52,000 | $140,000 |
| White |
1,966 | $172,464,000 |
$87,000 | $670,000 |
$71,000 | $1,633,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,019 | $177,267,000 |
$87,000 | $670,000 |
$73,000 | $1,633,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
54 | $4,638,000 |
$85,000 | $154,000 |
$41,000 | $75,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Application Approved But Not Accepted |
148 | $14,789,000 |
$99,000 | $610,000 |
$55,000 | $474,000 |
| Application Denied By Financial Institution |
244 | $20,625,000 |
$84,000 | $356,000 |
$43,000 | $139,000 |
| Application Withdrawn By Applicant |
21 | $1,998,000 |
$95,000 | $315,000 |
$59,000 | $185,000 |
| File Closed For Incompleteness |
7 | $620,000 |
$88,000 | $140,000 |
$56,000 | $99,000 |
| Loan Originated |
1,626 | $141,338,000 |
$86,000 | $670,000 |
$79,000 | $1,633,000 |
| Loan Purchased By The Institution |
27 | $2,535,000 |
$93,000 | $190,000 |
$47,000 | $103,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
10 | $932,000 |
$93,000 | $220,000 |
$48,000 | $81,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
149 | $10,939,000 |
$73,000 | $356,000 |
$45,000 | $139,000 |
| Debt-To-Income Ratio |
70 | $7,601,000 |
$108,000 | $270,000 |
$41,000 | $105,000 |
| Employment History |
6 | $465,000 |
$77,000 | $160,000 |
$43,000 | $108,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $230,000 |
$115,000 | $134,000 |
$50,000 | $70,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $416,000 |
$69,000 | $173,000 |
$25,000 | $42,000 |
| Unverifiable Information |
1 | $42,000 |
$42,000 | $42,000 |
$22,000 | $22,000 |
|
Mortgage Loan App Totals for UNITED COMMUNITY BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
