First United Bank & Trust Mortgage Lending & HMDA Data, 2021
In 2021, First United Bank & Trust of Oakland, MD reported 618 mortgage applications totaling $223.2 million, down 24% from 2020. The average application was for $361,165, and applicants reported an average income of $151,930. 64% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Cumberland, MD-WV (84), Morgantown, WV (83) and Hagerstown-Martinsburg, MD-WV (77) (applications in parentheses).
| Mortgage Company & Address | First United Bank & Trust 19 S Second Street Oakland, MD 21550 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 618 |
| Total Mortgage Loan Application Amount | $223,200,000 |
| Average Mortgage Loan Application Amount | $361,165 |
| Highest Mortgage Loan Application Amount | $2,525,000 |
| Average Applicant Income | $151,930 |
| Highest Applicant Income | $1,253,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First United Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Garrett, Maryland | 157 | $ 68,565,000 | $ 436,719 | $ 197,000 |
| Allegany, Maryland | 63 | $ 10,815,000 | $ 171,666 | $ 114,000 |
| Monongalia, West Virginia | 58 | $ 17,540,000 | $ 302,413 | $ 128,000 |
| Frederick, Maryland | 51 | $ 23,395,000 | $ 458,725 | $ 180,000 |
| Washington, Maryland | 38 | $ 11,200,000 | $ 294,736 | $ 146,000 |
| Berkeley, West Virginia | 36 | $ 9,420,000 | $ 261,666 | $ 98,000 |
| Bristol, Massachusetts | 25 | $ 8,885,000 | $ 355,400 | $ 0 |
| Preston, West Virginia | 25 | $ 5,275,000 | $ 211,000 | $ 99,000 |
| Mineral, West Virginia | 21 | $ 3,525,000 | $ 167,857 | $ 86,000 |
| Marion, West Virginia | 11 | $ 3,085,000 | $ 280,454 | $ 45,000 |
| Franklin, Pennsylvania | 10 | $ 3,930,000 | $ 393,000 | $ 71,000 |
| Plymouth, Massachusetts | 8 | $ 3,680,000 | $ 460,000 | $ 0 |
| Fayette, Pennsylvania | 8 | $ 1,820,000 | $ 227,500 | $ 96,000 |
| Middlesex, Massachusetts | 6 | $ 4,900,000 | $ 816,666 | $ 0 |
| Providence, Rhode Island | 6 | $ 2,670,000 | $ 445,000 | $ 0 |
| Harrison, West Virginia | 5 | $ 775,000 | $ 155,000 | $ 68,000 |
| Newport, Rhode Island | 4 | $ 2,330,000 | $ 582,500 | $ 0 |
| Fairfield, Connecticut | 3 | $ 3,105,000 | $ 1,035,000 | $ 0 |
| Lee, Florida | 3 | $ 1,385,000 | $ 461,666 | $ 665,000 |
| Carroll, Maryland | 3 | $ 545,000 | $ 181,666 | $ 185,000 |
| Norfolk, Massachusetts | 3 | $ 2,295,000 | $ 765,000 | $ 0 |
| Suffolk, Massachusetts | 3 | $ 3,885,000 | $ 1,295,000 | $ 0 |
| Adams, Pennsylvania | 3 | $ 1,095,000 | $ 365,000 | $ 211,000 |
| Allegheny, Pennsylvania | 3 | $ 915,000 | $ 305,000 | $ 358,000 |
| Cumberland, Pennsylvania | 3 | $ 1,095,000 | $ 365,000 | $ 0 |
| Somerset, Pennsylvania | 3 | $ 815,000 | $ 271,666 | $ 128,000 |
| Barbour, West Virginia | 3 | $ 665,000 | $ 221,666 | $ 102,000 |
| Grant, West Virginia | 3 | $ 555,000 | $ 185,000 | $ 83,000 |
| Jefferson, West Virginia | 3 | $ 685,000 | $ 228,333 | $ 92,000 |
| Morgan, West Virginia | 3 | $ 345,000 | $ 115,000 | $ 92,000 |
| Hartford, Connecticut | 2 | $ 1,390,000 | $ 695,000 | $ 0 |
| Palm Beach, Florida | 2 | $ 680,000 | $ 340,000 | $ 128,000 |
| Montgomery, Maryland | 2 | $ 730,000 | $ 365,000 | $ 109,000 |
| Bedford, Pennsylvania | 2 | $ 320,000 | $ 160,000 | $ 62,000 |
| Greene, Pennsylvania | 2 | $ 2,350,000 | $ 1,175,000 | $ 253,000 |
| Horry, South Carolina | 2 | $ 620,000 | $ 310,000 | $ 82,000 |
| Fairfax, Virginia | 2 | $ 2,040,000 | $ 1,020,000 | $ 1,096,000 |
| Tucker, West Virginia | 2 | $ 300,000 | $ 150,000 | $ 149,000 |
| Jefferson, Colorado | 1 | $ 435,000 | $ 435,000 | $ 102,000 |
| Summit, Colorado | 1 | $ 355,000 | $ 355,000 | $ 158,000 |
| New Haven, Connecticut | 1 | $ 745,000 | $ 745,000 | $ 0 |
| Highlands, Florida | 1 | $ 225,000 | $ 225,000 | $ 115,000 |
| Nassau, Florida | 1 | $ 1,505,000 | $ 1,505,000 | $ 470,000 |
| Sarasota, Florida | 1 | $ 285,000 | $ 285,000 | $ 141,000 |
| Fulton, Georgia | 1 | $ 615,000 | $ 615,000 | $ 0 |
| Baltimore, Maryland | 1 | $ 1,855,000 | $ 1,855,000 | $ 791,000 |
| Worcester, Maryland | 1 | $ 215,000 | $ 215,000 | $ 58,000 |
| Barnstable, Massachusetts | 1 | $ 655,000 | $ 655,000 | $ 0 |
| Worcester, Massachusetts | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Platte, Missouri | 1 | $ 355,000 | $ 355,000 | $ 113,000 |
| New York, New York | 1 | $ 525,000 | $ 525,000 | $ 0 |
| Moore, North Carolina | 1 | $ 245,000 | $ 245,000 | $ 268,000 |
| New Hanover, North Carolina | 1 | $ 255,000 | $ 255,000 | $ 115,000 |
| Belmont, Ohio | 1 | $ 125,000 | $ 125,000 | $ 56,000 |
| Washington, Pennsylvania | 1 | $ 295,000 | $ 295,000 | $ 181,000 |
| Kent, Rhode Island | 1 | $ 605,000 | $ 605,000 | $ 0 |
| Berkeley, South Carolina | 1 | $ 475,000 | $ 475,000 | $ 241,000 |
| Georgetown, South Carolina | 1 | $ 625,000 | $ 625,000 | $ 168,000 |
| Davidson, Tennessee | 1 | $ 1,505,000 | $ 1,505,000 | $ 0 |
| Arlington, Virginia | 1 | $ 965,000 | $ 965,000 | $ 186,000 |
| Falls Church, Virginia | 1 | $ 605,000 | $ 605,000 | $ 404,000 |
| Greene, Virginia | 1 | $ 445,000 | $ 445,000 | $ 135,000 |
| Orange, Virginia | 1 | $ 315,000 | $ 315,000 | $ 180,000 |
| Doddridge, West Virginia | 1 | $ 305,000 | $ 305,000 | $ 71,000 |
| Hancock, West Virginia | 1 | $ 245,000 | $ 245,000 | $ 86,000 |
| Kanawha, West Virginia | 1 | $ 215,000 | $ 215,000 | $ 125,000 |
| Ohio, West Virginia | 1 | $ 65,000 | $ 65,000 | $ 16,000 |
| Upshur, West Virginia | 1 | $ 225,000 | $ 225,000 | $ 130,000 |
| Wetzel, West Virginia | 1 | $ 145,000 | $ 145,000 | $ 66,000 |
Mortgage Loan Application Detail Totals for First United Bank & Trust in 2021
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Purchase | 292 | $110,060,000 | $376,000 | $2,525,000 | $157,000 | $1,142,000 |
| Refinancing | 189 | $71,295,000 | $377,000 | $1,585,000 | $144,000 | $920,000 |
| Cash-out Refinancing | 106 | $30,930,000 | $291,000 | $2,045,000 | $152,000 | $1,253,000 |
| Not Applicable | 29 | $10,635,000 | $366,000 | $1,975,000 | $0 | $0 |
| Other Purpose | 1 | $235,000 | $235,000 | $235,000 | $163,000 | $163,000 |
| Home Improvement | 1 | $45,000 | $45,000 | $45,000 | $0 | $0 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 401 | $127,655,000 | $318,000 | $2,525,000 | $151,000 | $1,253,000 |
| Not applicable | 112 | $59,670,000 | $532,000 | $1,975,000 | $0 | $0 |
| Not Provided | 78 | $25,410,000 | $325,000 | $965,000 | $140,000 | $623,000 |
| Asian | 10 | $5,420,000 | $542,000 | $2,005,000 | $263,000 | $1,096,000 |
| Black or African American | 8 | $2,580,000 | $322,000 | $1,015,000 | $136,000 | $327,000 |
| Hispanic | 7 | $1,835,000 | $262,000 | $515,000 | $149,000 | $333,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $630,000 | $315,000 | $335,000 | $271,000 | $340,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 594 | $219,710,000 | $369,000 | $2,525,000 | $157,000 | $1,253,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 24 | $3,490,000 | $145,000 | $265,000 | $45,000 | $77,000 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 394 | $133,350,000 | $338,000 | $2,525,000 | $167,000 | $1,253,000 |
| Application Denied By Financial Institution | 71 | $23,715,000 | $334,000 | $2,045,000 | $98,000 | $442,000 |
| Loan Purchased By The Institution | 69 | $38,805,000 | $562,000 | $1,975,000 | $0 | $0 |
| Application Approved But Not Accepted | 52 | $18,190,000 | $349,000 | $1,925,000 | $131,000 | $996,000 |
| Application Withdrawn By Applicant | 22 | $6,580,000 | $299,000 | $965,000 | $143,000 | $346,000 |
| File Closed For Incompleteness | 10 | $2,560,000 | $256,000 | $895,000 | $82,000 | $340,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 618 | $223,200,000 | $361,000 | $2,525,000 | $152,000 | $1,253,000 |
| 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 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First United Bank & Trust's 2021 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess First United Bank & Trust's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Maryland, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About