United Bank
Mortgage Loan Application
Totals and Details
for 2012

Find mortgage loan statistics, lending data, and loan application totals for Connecticut.
The mortgage statistics and data below are specific to mortgage loan applications for United Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address United Bank
95 Elm Street
West Springfield, CT 01089
Tel #: available with data download
Federal Regulator * available with data download
Years 2013  2012  2011  
Total Number of Mortgage Applications 994
Total Mortgage Loan Application Amount $178,658,000
Average Mortgage Loan Application Amount $182,333
Highest Mortgage Loan Application Amount $6,400,000
Average Applicant Income $99,333
Highest Applicant Income $3,736,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in CT, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for United Bank by County in 2012

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Hampden County Massachusetts 673 $ 102,809,000 $ 152,000 $ 94,000
Hampshire County Massachusetts 122 $ 20,333,000 $ 166,000 $ 112,000
Worcester County Massachusetts 63 $ 11,950,000 $ 189,000 $ 68,000
Hartford County Connecticut 22 $ 4,908,000 $ 223,000 $ 150,000
Barnstable County Massachusetts 11 $ 2,828,000 $ 257,000 $ 150,000
Franklin County Massachusetts 11 $ 1,686,000 $ 153,000 $ 80,000
Essex County Massachusetts 4 $ 8,120,000 $ 2,030,000 $ 0
Suffolk County Massachusetts 4 $ 4,014,000 $ 1,003,000 $ 62,000
Washington County Rhode Island 4 $ 1,650,000 $ 412,000 $ 154,000
York County Maine 3 $ 521,000 $ 173,000 $ 292,000
Plymouth County Massachusetts 3 $ 4,646,000 $ 1,548,000 $ 42,000
New London County Connecticut 2 $ 973,000 $ 486,000 $ 300,000
Tolland County Connecticut 2 $ 385,000 $ 192,000 $ 218,000
Berkshire County Massachusetts 2 $ 246,000 $ 123,000 $ 93,000
Windham County Vermont 2 $ 177,000 $ 88,000 $ 51,000
Fairfield County Connecticut 1 $ 350,000 $ 350,000 $ 181,000
Middlesex County Connecticut 1 $ 235,000 $ 235,000 $ 57,000
New Haven County Connecticut 1 $ 368,000 $ 368,000 $ 253,000
Cumberland County Maine 1 $ 399,000 $ 399,000 $ 313,000
Norfolk County Massachusetts 1 $ 2,500,000 $ 2,500,000 $ 0
Merrimack County New Hampshire 1 $ 161,000 $ 161,000 $ 169,000
Providence County Rhode Island 1 $ 417,000 $ 417,000 $ 3,736,000
Beaufort County South Carolina 1 $ 385,000 $ 385,000 $ 0

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Connecticut, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for United Bank in 2012

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 679 $119,838,000 $176,000 $6,400,000 $101,000 $858,000
Home Purchase 202 $38,239,000 $189,000 $4,225,000 $89,000 $3,736,000
Home Improvement 113 $20,581,000 $182,000 $2,800,000 $108,000 $488,000

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 902 $143,739,000 $159,000 $1,000,000 $104,000 $3,736,000
Not applicable 30 $25,400,000 $846,000 $6,400,000 $2,000 $62,000
Hispanic 25 $3,649,000 $145,000 $375,000 $76,000 $166,000
Asian 23 $3,627,000 $157,000 $270,000 $77,000 $170,000
Black or African American 8 $1,169,000 $146,000 $307,000 $111,000 $574,000
Not Provided 3 $571,000 $190,000 $275,000 $46,000 $113,000
Native Hawaiian or Other Pacific Islander 2 $405,000 $202,000 $270,000 $91,000 $125,000
American Indian or Alaskan Native 1 $98,000 $98,000 $98,000 $40,000 $40,000

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) 911 $165,166,000 $181,000 $6,400,000 $104,000 $3,736,000
FHA-insured (Federal Housing Administration) 69 $10,728,000 $155,000 $298,000 $49,000 $138,000
VA-guaranteed (Veterans Administration) 14 $2,764,000 $197,000 $289,000 $60,000 $153,000
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 776 $129,728,000 $167,000 $4,225,000 $99,000 $858,000
Application Denied By Financial Institution 77 $22,974,000 $298,000 $6,400,000 $85,000 $307,000
Application Withdrawn By Applicant 48 $10,312,000 $214,000 $1,988,000 $166,000 $3,736,000
Preapproval Approved but not Accepted 45 $6,733,000 $149,000 $322,000 $63,000 $136,000
Application Approved But Not Accepted 24 $5,141,000 $214,000 $417,000 $110,000 $338,000
File Closed For Incompleteness 17 $2,799,000 $164,000 $368,000 $106,000 $253,000
Preapproval Denied by Financial Institution 7 $971,000 $138,000 $260,000 $42,000 $76,000
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
Collateral 42 $8,329,000 $198,000 $521,000 $99,000 $307,000
Debt-To-Income Ratio 17 $2,855,000 $167,000 $273,000 $52,000 $109,000
Credit History 14 $10,922,000 $780,000 $6,400,000 $71,000 $185,000
Other 6 $985,000 $164,000 $417,000 $80,000 $167,000
Unverifiable Information 2 $281,000 $140,000 $158,000 $100,000 $120,000
Employment History 2 $429,000 $214,000 $369,000 $60,000 $120,000
Insufficient Cash (Downpayment, Closing Cost) 1 $144,000 $144,000 $144,000 $52,000 $52,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in CT, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Connecticut, and search similar information at your convenience.

Download the Connecticut Lender List