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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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WESTMINSTER UNION BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
WESTMINSTER UNION BANK |
| Address | 117 EAST MAIN STREET
WESTMINSTER, MD 21157 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 256 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $34,595,000 |
| Average Mortgage Loan Amount Applied For | $502,600 |
| Highest Mortgage Loan Amount Applied For | $2,500,000 |
| Average Applicant Income | $203,400 |
| Highest Applicant Income | $1,000,000 |
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| Home Improvement |
116 | $7,746,000 |
$66,000 | $2,500,000 |
$77,000 | $1,000,000 |
| Home Purchase |
40 | $14,487,000 |
$362,000 | $1,738,000 |
$148,000 | $804,000 |
| Refinancing |
100 | $12,362,000 |
$123,000 | $1,125,000 |
$72,000 | $300,000 |
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| American Indian or Alaskan Native |
1 | $50,000 |
$50,000 | $50,000 |
$19,000 | $19,000 |
| Asian |
1 | $320,000 |
$320,000 | $320,000 |
$44,000 | $44,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
1 | $200,000 |
$200,000 | $200,000 |
$140,000 | $140,000 |
| Not applicable |
7 | $3,569,000 |
$509,000 | $986,000 |
$0 | $0 |
| Not Provided |
1 | $110,000 |
$110,000 | $110,000 |
$57,000 | $57,000 |
| White |
245 | $30,346,000 |
$123,000 | $2,500,000 |
$89,000 | $1,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
256 | $34,595,000 |
$135,000 | $2,500,000 |
$86,000 | $1,000,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
2 | $64,000 |
$32,000 | $39,000 |
$67,000 | $104,000 |
| Application Denied By Financial Institution |
30 | $1,634,000 |
$54,000 | $320,000 |
$51,000 | $113,000 |
| Application Withdrawn By Applicant |
9 | $627,000 |
$69,000 | $150,000 |
$65,000 | $176,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
196 | $26,539,000 |
$135,000 | $2,500,000 |
$88,000 | $1,000,000 |
| Loan Purchased By The Institution |
19 | $5,731,000 |
$301,000 | $800,000 |
$142,000 | $804,000 |
| 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 |
1 | $48,000 |
$48,000 | $48,000 |
$94,000 | $94,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
11 | $314,000 |
$28,000 | $55,000 |
$61,000 | $94,000 |
| Debt-To-Income Ratio |
18 | $1,272,000 |
$70,000 | $320,000 |
$43,000 | $113,000 |
| 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 WESTMINSTER UNION BANK by:
Metropolitan Area And
County
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