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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 MORTGAGE LENDERS INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
UNITED MORTGAGE LENDERS INC |
| Address | 5201 CONGRESS AVE SUITE C234 BOCA RATON, FL 33487 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| Data Years (click a year for detail) | 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 3,201 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $546,567,000 |
| Average Mortgage Loan Amount Applied For | $154,061 |
| Highest Mortgage Loan Amount Applied For | $1,455,000 |
| Average Applicant Income | $66,169 |
| Highest Applicant Income | $720,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,150 | $182,259,000 |
$154,523 | $700,000 |
$67,380 | $415,000 |
| Refinancing |
2,051 | $364,308,000 |
$163,954 | $1,455,000 |
$66,954 | $720,000 |
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| American Indian or Alaskan Native |
10 | $1,820,000 |
$195,000 | $360,000 |
$68,571 | $165,000 |
| Asian |
55 | $10,798,000 |
$169,066 | $499,000 |
$73,066 | $220,000 |
| Black or African American |
130 | $19,994,000 |
$146,789 | $590,000 |
$57,631 | $165,000 |
| Hispanic |
111 | $18,962,000 |
$170,800 | $407,000 |
$68,400 | $180,000 |
| Native Hawaiin or Other Pacific Islander |
17 | $3,845,000 |
$179,875 | $770,000 |
$63,500 | $240,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
530 | $90,568,000 |
$158,473 | $800,000 |
$68,789 | $720,000 |
| White |
2,348 | $400,580,000 |
$156,478 | $1,455,000 |
$65,434 | $602,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,199 | $546,212,000 |
$155,565 | $1,455,000 |
$64,782 | $720,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $355,000 |
$177,000 | $205,000 |
$56,000 | $58,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
3 | $523,000 |
$190,500 | $240,000 |
$94,500 | $125,000 |
| Application Denied By Financial Institution |
1,722 | $308,065,000 |
$166,818 | $1,455,000 |
$67,000 | $720,000 |
| Application Withdrawn By Applicant |
95 | $15,470,000 |
$151,750 | $460,000 |
$54,750 | $360,000 |
| File Closed For Incompleteness |
17 | $3,332,000 |
$165,500 | $512,000 |
$74,500 | $172,000 |
| Loan Originated |
1,364 | $219,177,000 |
$153,523 | $943,000 |
$68,190 | $425,000 |
| 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 LENDERS INC by:
Metropolitan Area And
County
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