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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 DR., STE 100
OAK BROOK, IL 60523 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 22,463 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,084,757,000 |
| Average Mortgage Loan Amount Applied For | $123,043 |
| Highest Mortgage Loan Amount Applied For | $2,030,000 |
| Average Applicant Income | $57,716 |
| Highest Applicant Income | $9,492,000 |
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| Home Improvement (one-to-four family) |
1 | $167,000 |
$167,000 | $167,000 |
$57,000 | $57,000 |
| Home Purchase (one-to-four family) |
3,925 | $694,417,000 |
$127,400 | $1,219,000 |
$53,880 | $9,492,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
18,556 | $3,393,255,000 |
$149,815 | $2,030,000 |
$60,736 | $5,924,000 |
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| American Indian or Alaskan Native |
31 | $5,704,000 |
$187,222 | $400,000 |
$81,111 | $175,000 |
| Asian or Pacific Islander |
860 | $187,649,000 |
$146,846 | $1,219,000 |
$86,769 | $9,492,000 |
| Black |
386 | $61,856,000 |
$112,687 | $650,000 |
$72,625 | $1,200,000 |
| Hispanic |
2,780 | $481,753,000 |
$128,863 | $580,000 |
$59,090 | $681,000 |
| Information not provided by applicant in mail or telephone application |
2,389 | $373,468,000 |
$139,187 | $982,000 |
$70,187 | $778,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
79 | $15,187,000 |
$139,250 | $755,000 |
$77,625 | $750,000 |
| White |
15,957 | $2,962,222,000 |
$155,447 | $2,030,000 |
$56,684 | $5,924,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
20,521 | $3,780,909,000 |
$146,947 | $2,030,000 |
$62,842 | $9,492,000 |
| FHA-insured (Federal Housing Administration) |
1,853 | $290,364,000 |
$132,692 | $1,390,000 |
$29,230 | $500,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
21 | $2,539,000 |
$120,000 | $162,000 |
$32,000 | $59,000 |
| VA-guaranteed (Veterans Administration) |
87 | $14,027,000 |
$194,000 | $258,000 |
$29,571 | $112,000 |
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| Application Approved But Not Accepted |
432 | $77,758,000 |
$138,476 | $563,000 |
$60,523 | $618,000 |
| Application Denied By Financial Institution |
952 | $177,023,000 |
$166,000 | $780,000 |
$57,708 | $480,000 |
| Application Withdrawn By Applicant |
5,655 | $1,097,826,000 |
$166,500 | $2,030,000 |
$45,205 | $1,858,000 |
| File Closed For Incompleteness |
57 | $11,335,000 |
$138,555 | $1,219,000 |
$55,333 | $550,000 |
| Loan Originated |
15,385 | $2,723,769,000 |
$132,939 | $1,200,000 |
$71,151 | $9,492,000 |
| Loan Purchased By The Institution |
1 | $128,000 |
$128,000 | $128,000 |
$41,000 | $41,000 |
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| Collateral |
27 | $5,682,000 |
$176,200 | $780,000 |
$48,200 | $264,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
188 | $33,569,000 |
$131,250 | $650,000 |
$24,416 | $240,000 |
| Debt-To-Income Ratio |
116 | $20,896,000 |
$149,428 | $620,000 |
$24,142 | $148,000 |
| Employment History |
4 | $892,000 |
$212,000 | $292,000 |
$30,000 | $77,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $729,000 |
$182,000 | $294,000 |
$74,000 | $178,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
115 | $22,359,000 |
$113,000 | $650,000 |
$38,625 | $480,000 |
| Unverifiable Information |
5 | $810,000 |
$160,000 | $209,000 |
$15,666 | $54,000 |
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Mortgage Loan App Totals for UNITED FINANCIAL MORTGAGE CORP by:
Metropolitan Area And
County
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