U.S. Trust Company, NA Mortgage Lending & HMDA Data, 2003

In 2003, U.S. Trust Company, NA of Jacksonville, FL reported 843 mortgage applications totaling $658.8 million. The average application was for $781,543, and applicants reported an average income of $470,205. 90% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Los Angeles-Long Beach, CA (94), Minneapolis-St. Paul, MN-WI (48) and San Francisco, CA (38) (applications in parentheses).

Mortgage Company & Address U.S. Trust Company, NA
4601 Touchton Rd E #3220
Jacksonville, FL 32246
Tel #: available with data download
Federal Regulator * available with data download
Years 2005  2004  2003  
Total Number of Mortgage Applications 843
Total Mortgage Loan Application Amount $658,841,000
Average Mortgage Loan Application Amount $781,543
Highest Mortgage Loan Application Amount $11,000,000
Average Applicant Income $470,205
Highest Applicant Income $9,999,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records U.S. Trust Company, NA filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for U.S. Trust Company, NA by County in 2003

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles, California 94 $ 103,823,000 $ 1,104,500 $ 1,222,000
Hennepin, Minnesota 38 $ 26,665,000 $ 701,710 $ 1,624,000
Orange, California 33 $ 29,359,000 $ 889,666 $ 253,000
Palm Beach, Florida 33 $ 40,626,000 $ 1,231,090 $ 647,000
Fairfield, Connecticut 32 $ 36,788,000 $ 1,149,625 $ 923,000
Dallas, Texas 31 $ 18,189,000 $ 586,741 $ 400,000
Multnomah, Oregon 27 $ 20,792,000 $ 770,074 $ 248,000
Harris, Texas 25 $ 12,012,000 $ 480,480 $ 498,000
San Diego, California 19 $ 15,680,000 $ 825,263 $ 511,000
Riverside, California 17 $ 8,724,000 $ 513,176 $ 336,000
Mecklenburg, North Carolina 17 $ 11,357,000 $ 668,058 $ 434,000
Contra Costa, California 16 $ 13,007,000 $ 812,937 $ 502,000
District of Columbia, District Of Columbia 16 $ 8,274,000 $ 517,125 $ 177,000
Marin, California 14 $ 12,736,000 $ 909,714 $ 77,000
San Francisco, California 14 $ 15,159,000 $ 1,082,785 $ 219,000
Indian River, Florida 14 $ 9,703,000 $ 693,071 $ 515,000
Collier, Florida 13 $ 8,923,000 $ 686,384 $ 425,000
Montgomery, Maryland 11 $ 8,280,000 $ 752,727 $ 345,000
San Mateo, California 10 $ 15,001,000 $ 1,500,100 $ 1,188,000
New York, New York 10 $ 8,221,000 $ 822,100 $ 101,000
Guilford, North Carolina 10 $ 3,308,000 $ 330,800 $ 122,000
Santa Barbara, California 9 $ 7,740,000 $ 860,000 $ 444,000
Ventura, California 9 $ 8,261,000 $ 917,888 $ 476,000
Eagle, Colorado 9 $ 12,721,000 $ 1,413,444 $ 298,000
Wake, North Carolina 9 $ 4,969,000 $ 552,111 $ 533,000
Maricopa, Arizona 8 $ 8,505,000 $ 1,063,125 $ 2,118,000
Lee, Florida 8 $ 4,453,000 $ 556,625 $ 302,000
Fairfax, Virginia 7 $ 3,939,000 $ 562,714 $ 179,000
Alameda, California 6 $ 3,167,000 $ 527,833 $ 65,000
Charleston, South Carolina 6 $ 6,063,000 $ 1,010,500 $ 745,000
San Luis Obispo, California 5 $ 3,588,000 $ 717,600 $ 769,000
Santa Clara, California 5 $ 5,775,000 $ 1,155,000 $ 220,000
Summit, Colorado 5 $ 2,069,000 $ 413,800 $ 141,000
Hartford, Connecticut 5 $ 3,490,000 $ 698,000 $ 242,000
Westchester, New York 5 $ 2,857,000 $ 571,400 $ 494,000
Clackamas, Oregon 5 $ 2,460,000 $ 492,000 $ 191,000
Montgomery, Pennsylvania 5 $ 7,625,000 $ 1,525,000 $ 1,851,000
Travis, Texas 5 $ 2,398,000 $ 479,600 $ 237,000
Arlington, Virginia 5 $ 1,324,000 $ 264,800 $ 60,000
King, Washington 5 $ 5,792,000 $ 1,158,400 $ 187,000
Santa Cruz, California 4 $ 3,276,000 $ 819,000 $ 507,000
Santa Fe, New Mexico 4 $ 4,662,000 $ 1,165,500 $ 442,000
Nassau, New York 4 $ 2,150,000 $ 537,500 $ 318,000
Tarrant, Texas 4 $ 1,820,000 $ 455,000 $ 221,000
Alexandria, Virginia 4 $ 1,834,000 $ 458,500 $ 253,000
Monterey, California 3 $ 4,433,000 $ 1,477,666 $ 0
Nevada, California 3 $ 1,330,000 $ 443,333 $ 99,000
Placer, California 3 $ 963,000 $ 321,000 $ 57,000
New London, Connecticut 3 $ 2,180,000 $ 726,666 $ 313,000
Sussex, Delaware 3 $ 1,312,000 $ 437,333 $ 82,000
Broward, Florida 3 $ 1,326,000 $ 442,000 $ 246,000
Monroe, Florida 3 $ 4,440,000 $ 1,480,000 $ 368,000
Orange, Florida 3 $ 4,151,000 $ 1,383,666 $ 9,000,000
St. Johns, Florida 3 $ 2,840,000 $ 946,666 $ 726,000
Prince George's, Maryland 3 $ 806,000 $ 268,666 $ 92,000
Nantucket, Massachusetts 3 $ 4,600,000 $ 1,533,333 $ 491,000
Dakota, Minnesota 3 $ 1,100,000 $ 366,666 $ 372,000
Ramsey, Minnesota 3 $ 918,000 $ 306,000 $ 232,000
Clark, Nevada 3 $ 1,797,000 $ 599,000 $ 1,341,000
Cape May, New Jersey 3 $ 2,677,000 $ 892,333 $ 294,000
Suffolk, New York 3 $ 3,000,000 $ 1,000,000 $ 482,000
Forsyth, North Carolina 3 $ 794,000 $ 264,666 $ 116,000
Union, North Carolina 3 $ 1,032,000 $ 344,000 $ 167,000
Deschutes, Oregon 3 $ 1,157,000 $ 385,666 $ 91,000
Washington, Oregon 3 $ 709,000 $ 236,333 $ 32,000
Providence, Rhode Island 3 $ 2,245,000 $ 748,333 $ 282,000
Collin, Texas 3 $ 1,083,000 $ 361,000 $ 53,000
Denton, Texas 3 $ 1,950,000 $ 650,000 $ 436,000
Fauquier, Virginia 3 $ 4,930,000 $ 1,643,333 $ 241,000
Coconino, Arizona 2 $ 393,000 $ 196,500 $ 105,000
Pima, Arizona 2 $ 1,095,000 $ 547,500 $ 364,000
Kern, California 2 $ 600,000 $ 300,000 $ 120,000
Napa, California 2 $ 2,345,000 $ 1,172,500 $ 0
Arapahoe, Colorado 2 $ 1,211,000 $ 605,500 $ 170,000
Pitkin, Colorado 2 $ 4,663,000 $ 2,331,500 $ 924,000
Miami-Dade, Florida 2 $ 1,438,000 $ 719,000 $ 258,000
Sarasota, Florida 2 $ 1,105,000 $ 552,500 $ 66,000
Cook, Illinois 2 $ 1,825,000 $ 912,500 $ 270,000
Douglas, Kansas 2 $ 198,000 $ 99,000 $ 104,000
Baltimore, Maryland 2 $ 2,200,000 $ 1,100,000 $ 850,000
Baltimore City, Maryland 2 $ 360,000 $ 180,000 $ 62,000
Calvert, Maryland 2 $ 510,000 $ 255,000 $ 0
Barnstable, Massachusetts 2 $ 1,580,000 $ 790,000 $ 649,000
Carver, Minnesota 2 $ 560,000 $ 280,000 $ 339,000
Cass, Minnesota 2 $ 600,000 $ 300,000 $ 150,000
St. Louis, Missouri 2 $ 1,551,000 $ 775,500 $ 600,000
Morris, New Jersey 2 $ 2,276,000 $ 1,138,000 $ 451,000
Kings, New York 2 $ 1,322,000 $ 661,000 $ 191,000
Watauga, North Carolina 2 $ 1,025,000 $ 512,500 $ 259,000
Chester, Pennsylvania 2 $ 975,000 $ 487,500 $ 402,000
Beaufort, South Carolina 2 $ 1,027,000 $ 513,500 $ 86,000
Horry, South Carolina 2 $ 362,000 $ 181,000 $ 64,000
Albemarle, Virginia 2 $ 1,450,000 $ 725,000 $ 375,000
Prince William, Virginia 2 $ 1,050,000 $ 525,000 $ 280,000
Pulaski, Arkansas 1 $ 575,000 $ 575,000 $ 0
San Bernardino, California 1 $ 1,000,000 $ 1,000,000 $ 2,632,000
Shasta, California 1 $ 850,000 $ 850,000 $ 0
Solano, California 1 $ 333,000 $ 333,000 $ 84,000
Sonoma, California 1 $ 1,100,000 $ 1,100,000 $ 2,313,000
Boulder, Colorado 1 $ 590,000 $ 590,000 $ 122,000
San Miguel, Colorado 1 $ 2,415,000 $ 2,415,000 $ 200,000
Middlesex, Connecticut 1 $ 650,000 $ 650,000 $ 822,000
New Haven, Connecticut 1 $ 210,000 $ 210,000 $ 244,000
Escambia, Florida 1 $ 500,000 $ 500,000 $ 456,000
Flagler, Florida 1 $ 219,000 $ 219,000 $ 84,000
Hillsborough, Florida 1 $ 190,000 $ 190,000 $ 101,000
Manatee, Florida 1 $ 285,000 $ 285,000 $ 487,000
Nassau, Florida 1 $ 226,000 $ 226,000 $ 162,000
Santa Rosa, Florida 1 $ 262,000 $ 262,000 $ 0
Seminole, Florida 1 $ 440,000 $ 440,000 $ 109,000
Walton, Florida 1 $ 600,000 $ 600,000 $ 941,000
Bryan, Georgia 1 $ 1,000,000 $ 1,000,000 $ 573,000
Fulton, Georgia 1 $ 216,000 $ 216,000 $ 47,000
Greene, Georgia 1 $ 145,000 $ 145,000 $ 0
Pickens, Georgia 1 $ 400,000 $ 400,000 $ 0
Blaine, Idaho 1 $ 945,000 $ 945,000 $ 0
Jefferson, Kentucky 1 $ 560,000 $ 560,000 $ 0
Hancock, Maine 1 $ 300,000 $ 300,000 $ 345,000
Washington, Maine 1 $ 350,000 $ 350,000 $ 182,000
Anne Arundel, Maryland 1 $ 650,000 $ 650,000 $ 0
Queen Anne's, Maryland 1 $ 500,000 $ 500,000 $ 1,126,000
Wicomico, Maryland 1 $ 151,000 $ 151,000 $ 0
Worcester, Maryland 1 $ 450,000 $ 450,000 $ 615,000
Berkshire, Massachusetts 1 $ 405,000 $ 405,000 $ 435,000
Dukes, Massachusetts 1 $ 500,000 $ 500,000 $ 257,000
Essex, Massachusetts 1 $ 300,000 $ 300,000 $ 0
Hampden, Massachusetts 1 $ 335,000 $ 335,000 $ 0
Oakland, Michigan 1 $ 200,000 $ 200,000 $ 132,000
Scott, Minnesota 1 $ 260,000 $ 260,000 $ 104,000
Sherburne, Minnesota 1 $ 133,000 $ 133,000 $ 110,000
Wabasha, Minnesota 1 $ 475,000 $ 475,000 $ 450,000
Gallatin, Montana 1 $ 630,000 $ 630,000 $ 94,000
Belknap, New Hampshire 1 $ 221,000 $ 221,000 $ 0
Gloucester, New Jersey 1 $ 100,000 $ 100,000 $ 374,000
Hunterdon, New Jersey 1 $ 229,000 $ 229,000 $ 312,000
Ocean, New Jersey 1 $ 500,000 $ 500,000 $ 616,000
Somerset, New Jersey 1 $ 656,000 $ 656,000 $ 550,000
Union, New Jersey 1 $ 300,000 $ 300,000 $ 186,000
Dutchess, New York 1 $ 200,000 $ 200,000 $ 0
Alleghany, North Carolina 1 $ 442,000 $ 442,000 $ 876,000
Avery, North Carolina 1 $ 480,000 $ 480,000 $ 1,021,000
Buncombe, North Carolina 1 $ 950,000 $ 950,000 $ 184,000
Carteret, North Carolina 1 $ 225,000 $ 225,000 $ 126,000
Chatham, North Carolina 1 $ 97,000 $ 97,000 $ 46,000
Henderson, North Carolina 1 $ 750,000 $ 750,000 $ 131,000
Jackson, North Carolina 1 $ 700,000 $ 700,000 $ 529,000
Madison, North Carolina 1 $ 800,000 $ 800,000 $ 167,000
New Hanover, North Carolina 1 $ 217,000 $ 217,000 $ 69,000
Orange, North Carolina 1 $ 575,000 $ 575,000 $ 186,000
Perquimans, North Carolina 1 $ 775,000 $ 775,000 $ 294,000
Person, North Carolina 1 $ 319,000 $ 319,000 $ 0
Franklin, Ohio 1 $ 280,000 $ 280,000 $ 162,000
Summit, Ohio 1 $ 254,000 $ 254,000 $ 208,000
Lane, Oregon 1 $ 110,000 $ 110,000 $ 70,000
Lincoln, Oregon 1 $ 300,000 $ 300,000 $ 742,000
Linn, Oregon 1 $ 200,000 $ 200,000 $ 100,000
Bucks, Pennsylvania 1 $ 306,000 $ 306,000 $ 173,000
Delaware, Pennsylvania 1 $ 610,000 $ 610,000 $ 0
Newport, Rhode Island 1 $ 500,000 $ 500,000 $ 100,000
Greenville, South Carolina 1 $ 160,000 $ 160,000 $ 45,000
Oconee, South Carolina 1 $ 325,000 $ 325,000 $ 701,000
Aransas, Texas 1 $ 561,000 $ 561,000 $ 900,000
Fort Bend, Texas 1 $ 325,000 $ 325,000 $ 150,000
Franklin, Texas 1 $ 253,000 $ 253,000 $ 1,603,000
Galveston, Texas 1 $ 118,000 $ 118,000 $ 48,000
Montgomery, Texas 1 $ 385,000 $ 385,000 $ 920,000
Somervell, Texas 1 $ 35,000 $ 35,000 $ 269,000
Stephens, Texas 1 $ 200,000 $ 200,000 $ 116,000
Williamson, Texas 1 $ 245,000 $ 245,000 $ 0
Salt Lake, Utah 1 $ 335,000 $ 335,000 $ 340,000
Windsor, Vermont 1 $ 200,000 $ 200,000 $ 26,000
Loudoun, Virginia 1 $ 405,000 $ 405,000 $ 350,000
Nelson, Virginia 1 $ 285,000 $ 285,000 $ 0
Orange, Virginia 1 $ 1,000,000 $ 1,000,000 $ 277,000
Rockingham, Virginia 1 $ 260,000 $ 260,000 $ 0
Clark, Washington 1 $ 170,000 $ 170,000 $ 0
Cowlitz, Washington 1 $ 390,000 $ 390,000 $ 0
Dane, Wisconsin 1 $ 144,000 $ 144,000 $ 39,000
Sheboygan, Wisconsin 1 $ 440,000 $ 440,000 $ 540,000
Washburn, Wisconsin 1 $ 1,100,000 $ 1,100,000 $ 941,000

Mortgage Loan Application Detail Totals for U.S. Trust Company, NA in 2003

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
Refinancing (home purchase or home improvement, one-to-four family) 513 $365,506,000 $588,272 $7,000,000 $409,515 $9,000,000
Home Purchase (one-to-four family) 307 $280,103,000 $765,032 $11,000,000 $329,258 $9,999,000
Home Improvement (one-to-four family) 23 $13,232,000 $602,555 $2,300,000 $614,777 $3,750,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 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 604 $440,098,000 $623,657 $11,000,000 $385,028 $9,999,000
Not applicable 166 $152,176,000 $853,933 $7,000,000 $18,800 $548,000
Information not provided by applicant in mail or telephone application 42 $41,785,000 $913,285 $3,440,000 $365,571 $4,494,000
Asian or Pacific Islander 10 $10,162,000 $613,800 $5,000,000 $809,600 $7,600,000
Black 10 $8,005,000 $685,600 $2,025,000 $2,005,600 $9,000,000
Hispanic 6 $3,949,000 $720,250 $1,270,000 $802,500 $2,198,000
American Indian or Alaskan Native 4 $2,236,000 $616,000 $731,000 $509,000 $827,000
Other 1 $430,000 $430,000 $430,000 $198,000 $198,000

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) 843 $658,841,000 $638,621 $11,000,000 $347,108 $9,999,000
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

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 758 $583,198,000 $628,638 $11,000,000 $340,222 $9,999,000
Application Approved But Not Accepted 49 $39,733,000 $660,562 $3,440,000 $417,062 $5,000,000
Application Withdrawn By Applicant 28 $28,509,000 $968,500 $3,300,000 $484,500 $5,000,000
Application Denied By Financial Institution 8 $7,401,000 $970,250 $4,000,000 $279,250 $742,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Loan Purchased By The 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 5 $6,248,000 $1,184,666 $4,000,000 $429,000 $742,000
Insufficient Cash (Downpayment, Closing Cost) 2 $1,038,000 $519,000 $750,000 $65,500 $131,000
Other 1 $115,000 $115,000 $115,000 $25,000 $25,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 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 U.S. Trust Company, NA's 2003 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 U.S. Trust Company, NA'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.
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