First United Bank & Trust Mortgage Lending & HMDA Data, 2019
In 2019, First United Bank & Trust of Oakland, MD reported 506 mortgage applications totaling $149.3 million, up 10% from 2018. The average application was for $295,059, and applicants reported an average income of $120,468. 63% of its applications resulted in an originated loan and 22% were denied. Its largest markets were Morgantown, WV (93), Hagerstown-Martinsburg, MD-WV (92) and Washington-Baltimore-Arlington, DC (71) (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 | 506 |
| Total Mortgage Loan Application Amount | $149,300,000 |
| Average Mortgage Loan Application Amount | $295,059 |
| Highest Mortgage Loan Application Amount | $9,445,000 |
| Average Applicant Income | $120,468 |
| Highest Applicant Income | $1,100,000 |
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records First United Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Outside any metro area | 156 | $ 42,320,000 | $ 271,282 | $ 127,903 |
| Morgantown, WV | 93 | $ 27,205,000 | $ 292,526 | $ 99,000 |
| Hagerstown-Martinsburg, MD-WV | 92 | $ 19,830,000 | $ 215,543 | $ 96,217 |
| Washington-Baltimore-Arlington, DC | 71 | $ 38,675,000 | $ 544,718 | $ 158,000 |
| Cumberland, MD-WV | 38 | $ 6,200,000 | $ 163,157 | $ 113,210 |
| Chambersburg-Waynesboro, PA | 13 | $ 3,865,000 | $ 297,307 | $ 104,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 11 | $ 3,625,000 | $ 329,545 | $ 136,181 |
| Winchester, VA-WV | 7 | $ 1,105,000 | $ 157,857 | $ 61,571 |
| Pittsburgh, PA | 5 | $ 1,165,000 | $ 233,000 | $ 71,000 |
| Baltimore-Columbia-Towson, MD | 4 | $ 810,000 | $ 202,500 | $ 103,000 |
| Salisbury, MD-DE | 4 | $ 800,000 | $ 200,000 | $ 183,500 |
| Gettysburg, PA | 2 | $ 480,000 | $ 240,000 | $ 54,000 |
| Atlantic City-Hammonton, NJ | 1 | $ 405,000 | $ 405,000 | $ 657,000 |
| Burlington, NC | 1 | $ 155,000 | $ 155,000 | $ 504,000 |
| Durham-Chapel Hill, NC | 1 | $ 585,000 | $ 585,000 | $ 236,000 |
| Harrisburg-Carlisle, PA | 1 | $ 255,000 | $ 255,000 | $ 93,000 |
| Jacksonville, FL | 1 | $ 335,000 | $ 335,000 | $ 152,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 1 | $ 305,000 | $ 305,000 | $ 63,000 |
| Ocean City, NJ | 1 | $ 365,000 | $ 365,000 | $ 0 |
| Roanoke, VA | 1 | $ 405,000 | $ 405,000 | $ 117,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 1 | $ 325,000 | $ 325,000 | $ 90,000 |
| Wheeling, WV-OH | 1 | $ 85,000 | $ 85,000 | $ 18,000 |
Mortgage Loan Application Detail Totals for First United Bank & Trust in 2019
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 | 318 | $94,110,000 | $295,000 | $9,445,000 | $115,000 | $1,100,000 |
| Cash-out Refinancing | 95 | $23,355,000 | $245,000 | $1,595,000 | $120,000 | $925,000 |
| Refinancing | 85 | $30,375,000 | $357,000 | $4,505,000 | $133,000 | $824,000 |
| Home Improvement | 5 | $975,000 | $195,000 | $325,000 | $193,000 | $321,000 |
| Other Purpose | 3 | $485,000 | $161,000 | $205,000 | $239,000 | $353,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $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 | 371 | $85,715,000 | $231,000 | $1,595,000 | $106,000 | $925,000 |
| Not Provided | 78 | $28,340,000 | $363,000 | $1,455,000 | $179,000 | $1,100,000 |
| Not applicable | 39 | $30,705,000 | $787,000 | $9,445,000 | $0 | $0 |
| Asian | 6 | $1,280,000 | $213,000 | $495,000 | $96,000 | $184,000 |
| Hispanic | 5 | $1,045,000 | $209,000 | $395,000 | $104,000 | $222,000 |
| Black or African American | 3 | $625,000 | $208,000 | $225,000 | $305,000 | $425,000 |
| American Indian or Alaskan Native | 2 | $550,000 | $275,000 | $275,000 | $50,000 | $50,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $1,005,000 | $1,005,000 | $1,005,000 | $447,000 | $447,000 |
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) | 469 | $144,535,000 | $308,000 | $9,445,000 | $126,000 | $1,100,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 37 | $4,765,000 | $128,000 | $265,000 | $52,000 | $116,000 |
| 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 | 318 | $86,550,000 | $272,000 | $1,595,000 | $126,000 | $925,000 |
| Application Denied By Financial Institution | 112 | $24,420,000 | $218,000 | $1,275,000 | $90,000 | $824,000 |
| Application Approved But Not Accepted | 57 | $30,855,000 | $541,000 | $9,445,000 | $129,000 | $595,000 |
| File Closed For Incompleteness | 12 | $5,690,000 | $474,000 | $1,455,000 | $269,000 | $1,100,000 |
| Application Withdrawn By Applicant | 7 | $1,785,000 | $255,000 | $685,000 | $82,000 | $123,000 |
| 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 |
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 | 506 | $149,300,000 | $295,000 | $9,445,000 | $120,000 | $1,100,000 |
| 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 2019 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