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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 MORTGAGE CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
UNITED MORTGAGE CORP |
| Address | 800 VETERANS MEMORIAL HIGHWAY
HAUPPAUGE, NY 11788 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 912 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $175,495,000 |
| Average Mortgage Loan Amount Applied For | $140,571 |
| Highest Mortgage Loan Amount Applied For | $900,000 |
| Average Applicant Income | $57,944 |
| Highest Applicant Income | $600,000 |
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| Home Improvement |
102 | $9,221,000 |
$90,000 | $400,000 |
$122,000 | $600,000 |
| Home Purchase |
445 | $83,975,000 |
$188,000 | $770,000 |
$63,000 | $600,000 |
| Refinancing |
379 | $84,607,000 |
$223,000 | $900,000 |
$59,000 | $460,000 |
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| American Indian or Alaskan Native |
9 | $1,266,000 |
$140,000 | $302,000 |
$61,000 | $102,000 |
| Asian |
10 | $2,181,000 |
$218,000 | $399,000 |
$106,000 | $240,000 |
| Black or African American |
133 | $28,933,000 |
$217,000 | $560,000 |
$53,000 | $360,000 |
| Hispanic |
72 | $16,808,000 |
$233,000 | $746,000 |
$63,000 | $160,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
702 | $128,615,000 |
$183,000 | $900,000 |
$71,000 | $600,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
428 | $99,825,000 |
$233,000 | $900,000 |
$86,000 | $600,000 |
| FHA-insured (Federal Housing Administration) |
489 | $76,469,000 |
$156,000 | $544,000 |
$52,000 | $212,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
9 | $1,509,000 |
$167,000 | $325,000 |
$63,000 | $97,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
116 | $18,006,000 |
$155,000 | $525,000 |
$51,000 | $214,000 |
| Application Withdrawn By Applicant |
266 | $54,163,000 |
$203,000 | $900,000 |
$74,000 | $600,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
544 | $105,634,000 |
$194,000 | $770,000 |
$68,000 | $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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 MORTGAGE CORP by:
Metropolitan Area And
County
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