Union Federal C/O Sky Bank Mortgage Lending & HMDA Data, 2003
In 2003, Union Federal C/O Sky Bank of Bowling Green, OH reported 77,908 mortgage applications totaling $11.8 billion. The average application was for $151,061, and applicants reported an average income of $49,101. 69% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Indianapolis, IN (3,212), Phoenix-Mesa, AZ (2,880) and Columbus, OH (2,465) (applications in parentheses).
| Mortgage Company & Address | Union Federal C/O Sky Bank 137 Clough St Bowling Green, OH 43402 |
| Federal Regulator | * available with data download |
| Years | 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 77,908 |
| Total Mortgage Loan Application Amount | $11,768,934,000 |
| Average Mortgage Loan Application Amount | $151,061 |
| Highest Mortgage Loan Application Amount | $2,960,000 |
| Average Applicant Income | $49,101 |
| Highest Applicant Income | $6,667,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Union Federal C/O Sky Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for Union Federal C/O Sky Bank 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) | 49,938 | $7,890,919,000 | $140,901 | $2,000,000 | $42,803 | $6,667,000 |
| Home Purchase (one-to-four family) | 27,586 | $3,862,120,000 | $147,204 | $2,000,000 | $60,265 | $6,000,000 |
| Home Improvement (one-to-four family) | 381 | $10,085,000 | $29,551 | $340,000 | $61,586 | $449,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 3 | $5,810,000 | $1,936,000 | $2,960,000 | $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 | 56,144 | $8,486,452,000 | $146,705 | $2,000,000 | $52,588 | $6,003,000 |
| Hispanic | 7,448 | $1,077,151,000 | $124,954 | $650,000 | $32,863 | $692,000 |
| Black | 5,330 | $696,287,000 | $128,837 | $983,000 | $37,209 | $720,000 |
| Other | 3,961 | $757,581,000 | $145,591 | $1,650,000 | $60,959 | $2,783,000 |
| Information not provided by applicant in mail or telephone application | 2,505 | $321,676,000 | $121,916 | $2,960,000 | $25,375 | $1,199,000 |
| Asian or Pacific Islander | 1,811 | $345,885,000 | $146,658 | $1,492,000 | $48,365 | $900,000 |
| Not applicable | 414 | $43,488,000 | $96,230 | $430,000 | $59,307 | $375,000 |
| American Indian or Alaskan Native | 295 | $40,414,000 | $129,606 | $478,000 | $44,606 | $6,667,000 |
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) | 51,282 | $8,527,256,000 | $149,274 | $2,960,000 | $64,647 | $6,667,000 |
| FHA-insured (Federal Housing Administration) | 20,612 | $2,490,437,000 | $116,367 | $467,000 | $22,755 | $6,000,000 |
| VA-guaranteed (Veterans Administration) | 6,014 | $751,241,000 | $118,122 | $319,000 | $12,612 | $780,000 |
| 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 | 53,372 | $8,202,999,000 | $143,039 | $2,960,000 | $48,274 | $5,549,000 |
| Loan Purchased By The Institution | 8,493 | $1,143,422,000 | $127,000 | $2,000,000 | $44,977 | $6,003,000 |
| Application Approved But Not Accepted | 5,993 | $984,921,000 | $143,660 | $1,950,000 | $49,280 | $5,609,000 |
| Application Withdrawn By Applicant | 5,597 | $819,139,000 | $144,714 | $1,675,000 | $55,673 | $6,667,000 |
| Application Denied By Financial Institution | 3,275 | $444,727,000 | $143,877 | $2,000,000 | $48,061 | $6,000,000 |
| File Closed For Incompleteness | 1,178 | $173,726,000 | $137,933 | $1,000,000 | $49,888 | $1,139,000 |
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 | 1,335 | $163,063,000 | $126,239 | $1,000,000 | $36,391 | $478,000 |
| Other | 794 | $126,438,000 | $161,456 | $2,000,000 | $52,434 | $6,000,000 |
| Debt-To-Income Ratio | 673 | $93,812,000 | $145,692 | $612,000 | $62,435 | $1,436,000 |
| Collateral | 315 | $40,252,000 | $133,219 | $800,000 | $66,024 | $2,783,000 |
| Unverifiable Information | 101 | $14,515,000 | $160,400 | $636,000 | $53,933 | $469,000 |
| Employment History | 54 | $6,272,000 | $112,000 | $265,000 | $66,047 | $1,200,000 |
| Credit Application Incomplete | 2 | $264,000 | $132,000 | $153,000 | $54,000 | $102,000 |
| Mortgage Insurance Denied | 1 | $111,000 | $111,000 | $111,000 | $28,000 | $28,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Union Federal C/O Sky Bank'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 Union Federal C/O Sky Bank'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 Ohio, 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