Union Bank & Trust Co Mortgage Lending & HMDA Data, 2009
In 2009, Union Bank & Trust Co of Monticello, AR reported 226 mortgage applications totaling $12.9 million, up 17% from 2008. The average application was for $57,194, and applicants reported an average income of $62,070. 59% of its applications resulted in an originated loan and 31% were denied. Its largest markets were Pine Bluff, AR (22), Little Rock-North Little Rock-Conway, AR (7) and Hot Springs, AR (1) (applications in parentheses).
| Mortgage Company & Address | Union Bank & Trust Co P O Box 270 Monticello, AR 71657 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2011 2010 2009 2008 |
| Total Number of Mortgage Applications | 226 |
| Total Mortgage Loan Application Amount | $12,926,000 |
| Average Mortgage Loan Application Amount | $57,194 |
| Highest Mortgage Loan Application Amount | $583,000 |
| Average Applicant Income | $62,070 |
| Highest Applicant Income | $540,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Union Bank & Trust Co filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Drew, Arkansas | 128 | $ 6,579,000 | $ 51,398 | $ 61,000 |
| Bradley, Arkansas | 45 | $ 1,688,000 | $ 37,511 | $ 39,000 |
| Lincoln, Arkansas | 13 | $ 385,000 | $ 29,615 | $ 72,000 |
| Desha, Arkansas | 10 | $ 255,000 | $ 25,500 | $ 52,000 |
| Jefferson, Arkansas | 7 | $ 598,000 | $ 85,428 | $ 55,000 |
| Ashley, Arkansas | 6 | $ 243,000 | $ 40,500 | $ 61,000 |
| Pulaski, Arkansas | 5 | $ 2,355,000 | $ 471,000 | $ 225,000 |
| Chicot, Arkansas | 4 | $ 116,000 | $ 29,000 | $ 57,000 |
| Cleveland, Arkansas | 2 | $ 133,000 | $ 66,500 | $ 60,000 |
| Faulkner, Arkansas | 1 | $ 35,000 | $ 35,000 | $ 90,000 |
| Garland, Arkansas | 1 | $ 16,000 | $ 16,000 | $ 27,000 |
| Saline, Arkansas | 1 | $ 128,000 | $ 128,000 | $ 163,000 |
| Van Buren, Arkansas | 1 | $ 205,000 | $ 205,000 | $ 80,000 |
| Jones, Georgia | 1 | $ 140,000 | $ 140,000 | $ 0 |
| Fayette, Kentucky | 1 | $ 50,000 | $ 50,000 | $ 402,000 |
Mortgage Loan Application Detail Totals for Union Bank & Trust Co in 2009
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 Improvement | 86 | $1,410,000 | $16,000 | $205,000 | $53,000 | $402,000 |
| Home Purchase | 85 | $5,179,000 | $60,000 | $375,000 | $59,000 | $360,000 |
| Refinancing | 55 | $6,337,000 | $115,000 | $583,000 | $81,000 | $540,000 |
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 | 167 | $9,956,000 | $59,000 | $583,000 | $71,000 | $540,000 |
| Black or African American | 34 | $886,000 | $26,000 | $208,000 | $35,000 | $86,000 |
| Hispanic | 20 | $694,000 | $34,000 | $227,000 | $42,000 | $97,000 |
| Not applicable | 4 | $1,375,000 | $343,000 | $583,000 | $0 | $0 |
| Not Provided | 1 | $15,000 | $15,000 | $15,000 | $52,000 | $52,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 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) | 220 | $12,529,000 | $56,000 | $583,000 | $63,000 | $540,000 |
| FHA-insured (Federal Housing Administration) | 4 | $288,000 | $72,000 | $191,000 | $38,000 | $71,000 |
| VA-guaranteed (Veterans Administration) | 2 | $109,000 | $54,000 | $60,000 | $25,000 | $34,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 134 | $9,523,000 | $71,000 | $583,000 | $75,000 | $540,000 |
| Application Denied By Financial Institution | 69 | $2,518,000 | $36,000 | $240,000 | $41,000 | $225,000 |
| Application Withdrawn By Applicant | 19 | $795,000 | $41,000 | $138,000 | $53,000 | $144,000 |
| Application Approved But Not Accepted | 3 | $83,000 | $27,000 | $58,000 | $47,000 | $83,000 |
| File Closed For Incompleteness | 1 | $7,000 | $7,000 | $7,000 | $14,000 | $14,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 46 | $1,330,000 | $28,000 | $240,000 | $38,000 | $225,000 |
| Debt-To-Income Ratio | 17 | $791,000 | $46,000 | $208,000 | $41,000 | $100,000 |
| Employment History | 4 | $218,000 | $54,000 | $180,000 | $46,000 | $144,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $24,000 | $24,000 | $24,000 | $78,000 | $78,000 |
| Collateral | 1 | $155,000 | $155,000 | $155,000 | $93,000 | $93,000 |
| Credit Application Incomplete | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Union Bank & Trust Co's 2009 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 Union Bank & Trust Co'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 Arkansas, 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