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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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UNITED FUNDING MORTGAGE CORP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
UNITED FUNDING MORTGAGE CORP. |
| Address | 3600 MANSELL ROAD, SUITE 275
ALPHARETTA, GA 30022 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2007 |
| Data Years (click a year for detail) | 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 329 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $64,579,000 |
| Average Mortgage Loan Amount Applied For | $175,326 |
| Highest Mortgage Loan Amount Applied For | $1,155,000 |
| Average Applicant Income | $103,122 |
| Highest Applicant Income | $945,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
185 | $34,874,000 |
$188,000 | $740,000 |
$101,000 | $611,000 |
| Refinancing |
144 | $29,705,000 |
$206,000 | $1,155,000 |
$121,000 | $945,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
7 | $1,586,000 |
$226,000 | $354,000 |
$152,000 | $250,000 |
| Black or African American |
94 | $15,995,000 |
$170,000 | $477,000 |
$72,000 | $214,000 |
| Hispanic |
10 | $1,802,000 |
$180,000 | $413,000 |
$89,000 | $192,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
6 | $580,000 |
$96,000 | $220,000 |
$185,000 | $292,000 |
| White |
212 | $44,616,000 |
$210,000 | $1,155,000 |
$124,000 | $945,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
295 | $59,318,000 |
$201,000 | $1,155,000 |
$116,000 | $945,000 |
| FHA-insured (Federal Housing Administration) |
31 | $4,592,000 |
$148,000 | $246,000 |
$58,000 | $155,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $669,000 |
$223,000 | $289,000 |
$89,000 | $132,000 |
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| Application Approved But Not Accepted |
1 | $27,000 |
$27,000 | $27,000 |
$60,000 | $60,000 |
| Application Denied By Financial Institution |
14 | $2,342,000 |
$167,000 | $308,000 |
$66,000 | $104,000 |
| Application Withdrawn By Applicant |
29 | $4,372,000 |
$150,000 | $417,000 |
$130,000 | $326,000 |
| File Closed For Incompleteness |
1 | $167,000 |
$167,000 | $167,000 |
$108,000 | $108,000 |
| Loan Originated |
284 | $57,671,000 |
$203,000 | $1,155,000 |
$110,000 | $945,000 |
| 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 |
4 | $712,000 |
$178,000 | $308,000 |
$82,000 | $104,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $956,000 |
$239,000 | $302,000 |
$69,000 | $90,000 |
| Debt-To-Income Ratio |
4 | $388,000 |
$97,000 | $131,000 |
$57,000 | $84,000 |
| Employment History |
1 | $123,000 |
$123,000 | $123,000 |
$37,000 | $37,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $163,000 |
$163,000 | $163,000 |
$54,000 | $54,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for UNITED FUNDING MORTGAGE CORP. by:
Metropolitan Area And
County
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