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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 FINANCIAL MORTGAGE CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
UNITED FINANCIAL MORTGAGE CORP |
| Address | 815 COMMERCE DRIVE SUITE 100
OAK BROOK, IL 60523 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 25,047 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,049,018,000 |
| Average Mortgage Loan Amount Applied For | $152,509 |
| Highest Mortgage Loan Amount Applied For | $8,700,000 |
| Average Applicant Income | $72,092 |
| Highest Applicant Income | $6,014,000 |
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| Home Improvement |
928 | $243,722,000 |
$262,000 | $1,401,000 |
$75,000 | $465,000 |
| Home Purchase |
10,523 | $2,325,266,000 |
$220,000 | $2,730,000 |
$93,000 | $6,014,000 |
| Refinancing |
13,616 | $3,482,749,000 |
$255,000 | $8,700,000 |
$85,000 | $3,974,000 |
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| American Indian or Alaskan Native |
90 | $18,535,000 |
$205,000 | $945,000 |
$67,000 | $264,000 |
| Asian |
1,463 | $468,211,000 |
$320,000 | $1,960,000 |
$104,000 | $974,000 |
| Black or African American |
2,545 | $499,633,000 |
$196,000 | $2,500,000 |
$75,000 | $960,000 |
| Hispanic |
5,059 | $1,319,861,000 |
$260,000 | $1,920,000 |
$76,000 | $1,200,000 |
| Native Hawaiin or Other Pacific Islander |
206 | $63,939,000 |
$310,000 | $900,000 |
$98,000 | $505,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2,364 | $540,386,000 |
$228,000 | $1,838,000 |
$80,000 | $1,405,000 |
| White |
13,340 | $3,141,172,000 |
$235,000 | $8,700,000 |
$95,000 | $6,014,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
22,775 | $5,734,319,000 |
$251,000 | $8,700,000 |
$92,000 | $6,014,000 |
| FHA-insured (Federal Housing Administration) |
1,909 | $247,534,000 |
$129,000 | $368,000 |
$49,000 | $220,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
383 | $69,884,000 |
$182,000 | $560,000 |
$56,000 | $201,000 |
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| Application Approved But Not Accepted |
3,352 | $889,618,000 |
$265,000 | $2,730,000 |
$93,000 | $1,476,000 |
| Application Denied By Financial Institution |
7,615 | $1,977,204,000 |
$259,000 | $8,700,000 |
$96,000 | $6,014,000 |
| Application Withdrawn By Applicant |
186 | $44,722,000 |
$240,000 | $992,000 |
$82,000 | $912,000 |
| File Closed For Incompleteness |
1 | $288,000 |
$288,000 | $288,000 |
$88,000 | $88,000 |
| Loan Originated |
13,893 | $3,137,186,000 |
$225,000 | $3,500,000 |
$83,000 | $1,544,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
4 | $874,000 |
$218,000 | $245,000 |
$97,000 | $150,000 |
| Preapproval Denied by Financial Institution |
16 | $1,845,000 |
$115,000 | $280,000 |
$66,000 | $179,000 |
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| Collateral |
51 | $11,352,000 |
$222,000 | $1,800,000 |
$103,000 | $780,000 |
| Credit Application Incomplete |
38 | $9,027,000 |
$237,000 | $2,800,000 |
$84,000 | $540,000 |
| Credit History |
21 | $2,668,000 |
$127,000 | $320,000 |
$64,000 | $120,000 |
| Debt-To-Income Ratio |
17 | $3,239,000 |
$190,000 | $424,000 |
$71,000 | $239,000 |
| Employment History |
2 | $1,672,000 |
$836,000 | $1,500,000 |
$226,000 | $384,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
22 | $4,447,000 |
$202,000 | $680,000 |
$125,000 | $304,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
43 | $13,903,000 |
$323,000 | $3,290,000 |
$118,000 | $1,623,000 |
| Unverifiable Information |
18 | $3,898,000 |
$216,000 | $702,000 |
$88,000 | $420,000 |
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Mortgage Loan App Totals for UNITED FINANCIAL MORTGAGE CORP by:
Metropolitan Area And
County
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