United Bank Mortgage Lending & HMDA Data, 2005

In 2005, United Bank of Springdale, AR reported 1,433 mortgage applications totaling $207.1 million, down 19% from 2004. The average application was for $144,489, and applicants reported an average income of $74,055. 82% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Fayetteville-Springdale-Rogers, AR-MO (651), Little Rock-North Little Rock, AR (359) and Memphis, TN-MS-AR (36) (applications in parentheses).

Mortgage Company & Address United Bank
2600 S. Thompson
Springdale, AR 72764
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,433
Total Mortgage Loan Application Amount $207,054,000
Average Mortgage Loan Application Amount $144,489
Highest Mortgage Loan Application Amount $2,304,000
Average Applicant Income $74,055
Highest Applicant Income $3,315,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records United Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Totals for United Bank by County in 2005

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Washington, Arkansas 351 $ 45,900,000 $ 130,769 $ 70,000
Benton, Arkansas 294 $ 40,662,000 $ 138,306 $ 71,000
Pulaski, Arkansas 242 $ 34,354,000 $ 141,958 $ 85,000
Saline, Arkansas 53 $ 6,011,000 $ 113,415 $ 70,000
Faulkner, Arkansas 44 $ 4,297,000 $ 97,659 $ 62,000
Shelby, Tennessee 29 $ 5,521,000 $ 190,379 $ 78,000
Maricopa, Arizona 20 $ 4,823,000 $ 241,150 $ 82,000
Lonoke, Arkansas 18 $ 2,330,000 $ 129,444 $ 81,000
Jefferson, Arkansas 10 $ 858,000 $ 85,800 $ 55,000
Hartford, Connecticut 9 $ 989,000 $ 109,888 $ 115,000
Madison, Arkansas 7 $ 941,000 $ 134,428 $ 109,000
Elkhart, Indiana 7 $ 1,082,000 $ 154,571 $ 60,000
St. Joseph, Indiana 7 $ 1,207,000 $ 172,428 $ 68,000
St. Louis, Missouri 7 $ 1,208,000 $ 172,571 $ 64,000
Craighead, Arkansas 6 $ 642,000 $ 107,000 $ 81,000
Jefferson, Colorado 6 $ 978,000 $ 163,000 $ 100,000
Jackson, Missouri 6 $ 920,000 $ 153,333 $ 109,000
Tulsa, Oklahoma 6 $ 1,190,000 $ 198,333 $ 99,000
Mobile, Alabama 5 $ 454,000 $ 90,800 $ 0
Garland, Arkansas 5 $ 687,000 $ 137,400 $ 81,000
DeSoto, Mississippi 5 $ 791,000 $ 158,200 $ 22,000
Delaware, Oklahoma 5 $ 488,000 $ 97,600 $ 107,000
Cleburne, Arkansas 4 $ 454,000 $ 113,500 $ 222,000
Conway, Arkansas 4 $ 267,000 $ 66,750 $ 51,000
Los Angeles, California 4 $ 1,359,000 $ 339,750 $ 63,000
Orange, California 4 $ 1,850,000 $ 462,500 $ 386,000
Adams, Colorado 4 $ 1,091,000 $ 272,750 $ 63,000
Hillsborough, Florida 4 $ 777,000 $ 194,250 $ 63,000
Pasco, Florida 4 $ 602,000 $ 150,500 $ 58,000
Pinellas, Florida 4 $ 1,121,000 $ 280,250 $ 167,000
Johnson, Kansas 4 $ 388,000 $ 97,000 $ 49,000
Ouachita, Louisiana 4 $ 740,000 $ 185,000 $ 98,000
Douglas, Nebraska 4 $ 728,000 $ 182,000 $ 40,000
Fayette, Tennessee 4 $ 845,000 $ 211,250 $ 170,000
Ashley, Arkansas 3 $ 189,000 $ 63,000 $ 37,000
Grant, Arkansas 3 $ 285,000 $ 95,000 $ 49,000
Lawrence, Arkansas 3 $ 170,000 $ 56,666 $ 65,000
Sebastian, Arkansas 3 $ 699,000 $ 233,000 $ 242,000
Denver, Colorado 3 $ 416,000 $ 138,666 $ 84,000
Duval, Florida 3 $ 693,000 $ 231,000 $ 59,000
Orange, Florida 3 $ 765,000 $ 255,000 $ 78,000
Fayette, Kentucky 3 $ 683,000 $ 227,666 $ 51,000
Hennepin, Minnesota 3 $ 662,000 $ 220,666 $ 92,000
Barry, Missouri 3 $ 208,000 $ 69,333 $ 27,000
St. Charles, Missouri 3 $ 588,000 $ 196,000 $ 59,000
Tipton, Tennessee 3 $ 440,000 $ 146,666 $ 80,000
Dallas, Texas 3 $ 263,000 $ 87,666 $ 74,000
Galveston, Texas 3 $ 245,000 $ 81,666 $ 87,000
Morgan, Alabama 2 $ 283,000 $ 141,500 $ 39,000
Arkansas, Arkansas 2 $ 143,000 $ 71,500 $ 107,000
Carroll, Arkansas 2 $ 21,000 $ 10,500 $ 23,000
Crawford, Arkansas 2 $ 160,000 $ 80,000 $ 58,000
Greene, Arkansas 2 $ 240,000 $ 120,000 $ 63,000
Hot Spring, Arkansas 2 $ 133,000 $ 66,500 $ 54,000
Prairie, Arkansas 2 $ 356,000 $ 178,000 $ 26,000
White, Arkansas 2 $ 238,000 $ 119,000 $ 46,000
Contra Costa, California 2 $ 458,000 $ 229,000 $ 0
Riverside, California 2 $ 1,207,000 $ 603,500 $ 177,000
San Diego, California 2 $ 725,000 $ 362,500 $ 89,000
Arapahoe, Colorado 2 $ 325,000 $ 162,500 $ 61,000
Volusia, Florida 2 $ 285,000 $ 142,500 $ 25,000
Henry, Georgia 2 $ 170,000 $ 85,000 $ 94,000
Brown, Indiana 2 $ 98,000 $ 49,000 $ 54,000
Johnson, Indiana 2 $ 137,000 $ 68,500 $ 80,000
East Baton Rouge, Louisiana 2 $ 138,000 $ 69,000 $ 120,000
Oxford, Maine 2 $ 209,000 $ 104,500 $ 153,000
Charles, Maryland 2 $ 235,000 $ 117,500 $ 143,000
Franklin, Massachusetts 2 $ 200,000 $ 100,000 $ 105,000
Berrien, Michigan 2 $ 413,000 $ 206,500 $ 53,000
Lafayette, Mississippi 2 $ 216,000 $ 108,000 $ 0
Rankin, Mississippi 2 $ 65,000 $ 32,500 $ 48,000
Clay, Missouri 2 $ 321,000 $ 160,500 $ 67,000
Jefferson, Missouri 2 $ 223,000 $ 111,500 $ 47,000
McDonald, Missouri 2 $ 477,000 $ 238,500 $ 88,000
Bernalillo, New Mexico 2 $ 302,000 $ 151,000 $ 63,000
Catawba, North Carolina 2 $ 132,000 $ 66,000 $ 61,000
Adair, Oklahoma 2 $ 142,000 $ 71,000 $ 78,000
Cleveland, Oklahoma 2 $ 272,000 $ 136,000 $ 51,000
Oklahoma, Oklahoma 2 $ 181,000 $ 90,500 $ 79,000
Charleston, South Carolina 2 $ 311,000 $ 155,500 $ 143,000
Brazos, Texas 2 $ 295,000 $ 147,500 $ 109,000
Henderson, Texas 2 $ 263,000 $ 131,500 $ 0
Rockwall, Texas 2 $ 544,000 $ 272,000 $ 93,000
Tarrant, Texas 2 $ 584,000 $ 292,000 $ 117,000
Tooele, Utah 2 $ 128,000 $ 64,000 $ 65,000
Chesapeake, Virginia 2 $ 503,000 $ 251,500 $ 64,000
Fairfax, Virginia 2 $ 449,000 $ 224,500 $ 128,000
Giles, Virginia 2 $ 179,000 $ 89,500 $ 62,000
Henrico, Virginia 2 $ 391,000 $ 195,500 $ 77,000
Virginia Beach, Virginia 2 $ 467,000 $ 233,500 $ 72,000
Whatcom, Washington 2 $ 291,000 $ 145,500 $ 89,000
Baldwin, Alabama 1 $ 272,000 $ 272,000 $ 137,000
Anchorage, Alaska 1 $ 140,000 $ 140,000 $ 72,000
Baxter, Arkansas 1 $ 152,000 $ 152,000 $ 42,000
Boone, Arkansas 1 $ 73,000 $ 73,000 $ 43,000
Bradley, Arkansas 1 $ 118,000 $ 118,000 $ 180,000
Clark, Arkansas 1 $ 147,000 $ 147,000 $ 63,000
Cleveland, Arkansas 1 $ 67,000 $ 67,000 $ 73,000
Crittenden, Arkansas 1 $ 125,000 $ 125,000 $ 89,000
Hempstead, Arkansas 1 $ 100,000 $ 100,000 $ 49,000
Independence, Arkansas 1 $ 61,000 $ 61,000 $ 111,000
Mississippi, Arkansas 1 $ 75,000 $ 75,000 $ 16,000
Perry, Arkansas 1 $ 132,000 $ 132,000 $ 31,000
Polk, Arkansas 1 $ 65,000 $ 65,000 $ 34,000
Union, Arkansas 1 $ 93,000 $ 93,000 $ 0
Alameda, California 1 $ 440,000 $ 440,000 $ 137,000
San Francisco, California 1 $ 615,000 $ 615,000 $ 0
San Mateo, California 1 $ 470,000 $ 470,000 $ 114,000
Ventura, California 1 $ 446,000 $ 446,000 $ 74,000
Boulder, Colorado 1 $ 419,000 $ 419,000 $ 128,000
Douglas, Colorado 1 $ 393,000 $ 393,000 $ 77,000
Bradford, Florida 1 $ 272,000 $ 272,000 $ 0
Brevard, Florida 1 $ 243,000 $ 243,000 $ 54,000
Lake, Florida 1 $ 232,000 $ 232,000 $ 53,000
Polk, Florida 1 $ 159,000 $ 159,000 $ 69,000
Seminole, Florida 1 $ 270,000 $ 270,000 $ 110,000
Sumter, Florida 1 $ 165,000 $ 165,000 $ 0
Winnebago, Illinois 1 $ 132,000 $ 132,000 $ 44,000
Hendricks, Indiana 1 $ 220,000 $ 220,000 $ 113,000
Kosciusko, Indiana 1 $ 378,000 $ 378,000 $ 311,000
Marion, Indiana 1 $ 151,000 $ 151,000 $ 71,000
Dallas, Iowa 1 $ 138,000 $ 138,000 $ 75,000
Douglas, Kansas 1 $ 195,000 $ 195,000 $ 148,000
Wyandotte, Kansas 1 $ 95,000 $ 95,000 $ 35,000
Boone, Kentucky 1 $ 268,000 $ 268,000 $ 101,000
McCracken, Kentucky 1 $ 112,000 $ 112,000 $ 66,000
Bossier, Louisiana 1 $ 114,000 $ 114,000 $ 66,000
Livingston, Louisiana 1 $ 140,000 $ 140,000 $ 53,000
West Feliciana, Louisiana 1 $ 362,000 $ 362,000 $ 0
Hampden, Massachusetts 1 $ 117,000 $ 117,000 $ 0
Branch, Michigan 1 $ 140,000 $ 140,000 $ 47,000
Eaton, Michigan 1 $ 160,000 $ 160,000 $ 52,000
Ottawa, Michigan 1 $ 134,000 $ 134,000 $ 50,000
Dakota, Minnesota 1 $ 260,000 $ 260,000 $ 107,000
Washington, Minnesota 1 $ 200,000 $ 200,000 $ 87,000
Montgomery, Mississippi 1 $ 64,000 $ 64,000 $ 22,000
Cass, Missouri 1 $ 181,000 $ 181,000 $ 64,000
Greene, Missouri 1 $ 131,000 $ 131,000 $ 72,000
Lafayette, Missouri 1 $ 125,000 $ 125,000 $ 57,000
Taney, Missouri 1 $ 145,000 $ 145,000 $ 61,000
Sarpy, Nebraska 1 $ 158,000 $ 158,000 $ 91,000
Nassau, New York 1 $ 584,000 $ 584,000 $ 131,000
Mecklenburg, North Carolina 1 $ 90,000 $ 90,000 $ 0
Cass, North Dakota 1 $ 131,000 $ 131,000 $ 67,000
Clermont, Ohio 1 $ 117,000 $ 117,000 $ 40,000
Hamilton, Ohio 1 $ 160,000 $ 160,000 $ 53,000
Miami, Ohio 1 $ 81,000 $ 81,000 $ 28,000
Wyandot, Ohio 1 $ 105,000 $ 105,000 $ 43,000
Beckham, Oklahoma 1 $ 162,000 $ 162,000 $ 68,000
Canadian, Oklahoma 1 $ 127,000 $ 127,000 $ 73,000
Comanche, Oklahoma 1 $ 95,000 $ 95,000 $ 123,000
Latimer, Oklahoma 1 $ 82,000 $ 82,000 $ 0
Bucks, Pennsylvania 1 $ 495,000 $ 495,000 $ 205,000
Lehigh, Pennsylvania 1 $ 153,000 $ 153,000 $ 60,000
Florence, South Carolina 1 $ 126,000 $ 126,000 $ 0
Marion, South Carolina 1 $ 188,000 $ 188,000 $ 55,000
Richland, South Carolina 1 $ 360,000 $ 360,000 $ 168,000
Hamilton, Tennessee 1 $ 215,000 $ 215,000 $ 64,000
Knox, Tennessee 1 $ 81,000 $ 81,000 $ 110,000
Obion, Tennessee 1 $ 128,000 $ 128,000 $ 56,000
Wilson, Tennessee 1 $ 211,000 $ 211,000 $ 83,000
Bexar, Texas 1 $ 71,000 $ 71,000 $ 0
Bowie, Texas 1 $ 200,000 $ 200,000 $ 63,000
Collin, Texas 1 $ 230,000 $ 230,000 $ 125,000
Fort Bend, Texas 1 $ 209,000 $ 209,000 $ 78,000
Harris, Texas 1 $ 88,000 $ 88,000 $ 78,000
Harrison, Texas 1 $ 135,000 $ 135,000 $ 70,000
Hunt, Texas 1 $ 90,000 $ 90,000 $ 34,000
Kaufman, Texas 1 $ 209,000 $ 209,000 $ 76,000
Nueces, Texas 1 $ 133,000 $ 133,000 $ 126,000
Wise, Texas 1 $ 148,000 $ 148,000 $ 65,000
Cache, Utah 1 $ 155,000 $ 155,000 $ 60,000
Salt Lake, Utah 1 $ 436,000 $ 436,000 $ 191,000
Spotsylvania, Virginia 1 $ 650,000 $ 650,000 $ 194,000

Mortgage Loan Application Detail Totals for United Bank in 2005

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 985 $132,667,000 $166,258 $753,000 $88,258 $1,201,000
Refinancing 437 $74,069,000 $194,285 $2,304,000 $73,357 $3,315,000
Home Improvement 11 $318,000 $38,000 $78,000 $61,000 $97,000

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 1,118 $165,401,000 $167,685 $2,304,000 $82,714 $3,315,000
Hispanic 109 $11,857,000 $121,500 $387,000 $76,800 $300,000
Black or African American 85 $8,800,000 $184,900 $385,000 $79,600 $155,000
Not Provided 52 $9,555,000 $237,642 $615,000 $58,071 $191,000
Asian 36 $4,960,000 $196,142 $440,000 $67,571 $169,000
Not applicable 25 $5,743,000 $194,200 $1,138,000 $43,400 $404,000
American Indian or Alaskan Native 7 $608,000 $59,500 $143,000 $57,000 $70,000
Native Hawaiian or Other Pacific Islander 1 $130,000 $130,000 $130,000 $56,000 $56,000

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) 1,343 $196,851,000 $174,236 $2,304,000 $81,157 $3,315,000
FHA-insured (Federal Housing Administration) 69 $7,342,000 $106,000 $168,000 $44,000 $121,000
VA-guaranteed (Veterans Administration) 13 $1,880,000 $144,000 $240,000 $57,000 $90,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 8 $981,000 $122,000 $200,000 $42,000 $57,000

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 1,169 $167,508,000 $181,588 $2,304,000 $86,382 $3,315,000
Application Withdrawn By Applicant 147 $18,127,000 $158,181 $752,000 $68,227 $368,000
Loan Purchased By The Institution 69 $16,309,000 $264,615 $761,000 $93,307 $352,000
Application Denied By Financial Institution 47 $4,884,000 $168,700 $615,000 $75,400 $177,000
Application Approved But Not Accepted 1 $226,000 $226,000 $226,000 $60,000 $60,000
File Closed For Incompleteness 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 18 $1,268,000 $188,666 $400,000 $100,000 $177,000
Other 12 $805,000 $68,400 $188,000 $79,400 $162,000
Collateral 8 $1,465,000 $252,250 $615,000 $66,500 $171,000
Debt-To-Income Ratio 5 $742,000 $150,500 $167,000 $32,000 $83,000
Employment History 2 $449,000 $224,000 $359,000 $128,000 $128,000
Insufficient Cash (Downpayment, Closing Cost) 1 $72,000 $72,000 $72,000 $21,000 $21,000
Credit Application Incomplete 1 $83,000 $83,000 $83,000 $26,000 $26,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into United Bank's 2005 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 United 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.
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