In 2006, United Medical Bank of Rockville, MD reported 1,401 mortgage applications totaling $293.3 million, down 28% from 2005. The average application was for $209,347, and applicants reported an average income of $112,175. 69% of its applications resulted in an originated loan and 15% were denied. Its largest markets were Washington-Arlington-Alexandria, DC-VA-MD-WV (162), Pittsburgh, PA (80) and Newark-Union, NJ-PA (66) (applications in parentheses).
| Mortgage Company & Address | United Medical Bank 800 King Farm Blvd Rockville, MD 20850 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,401 |
| Total Mortgage Loan Application Amount | $293,296,000 |
| Average Mortgage Loan Application Amount | $209,347 |
| Highest Mortgage Loan Application Amount | $1,495,000 |
| Average Applicant Income | $112,175 |
| Highest Applicant Income | $3,396,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records United Medical Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 162 | $ 56,725,000 | $ 350,154 | $ 128,296 |
| Pittsburgh, PA | 80 | $ 11,561,000 | $ 144,512 | $ 92,000 |
| Newark-Union, NJ-PA | 66 | $ 13,085,000 | $ 198,257 | $ 110,424 |
| Philadelphia, PA | 60 | $ 11,596,000 | $ 193,266 | $ 88,000 |
| New York-White Plains-Wayne, NY-NJ | 57 | $ 15,241,000 | $ 267,385 | $ 117,543 |
| Baltimore-Towson, MD | 49 | $ 12,463,000 | $ 254,346 | $ 123,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 37 | $ 2,543,000 | $ 68,729 | $ 53,000 |
| York-Hanover, PA | 34 | $ 3,149,000 | $ 92,617 | $ 71,000 |
| Edison, NJ | 31 | $ 10,583,000 | $ 341,387 | $ 284,000 |
| Tampa-St. Petersburg-Clearwater, FL | 25 | $ 4,101,000 | $ 164,040 | $ 60,000 |
| Bethesda-Gaithersburg-Frederick, MD | 24 | $ 7,762,000 | $ 323,416 | $ 194,000 |
| Denver-Aurora, CO | 24 | $ 4,157,000 | $ 173,208 | $ 104,000 |
| Chicago-Naperville-Joliet, IL | 23 | $ 5,137,000 | $ 223,347 | $ 116,000 |
| Fort Worth-Arlington, TX | 22 | $ 2,433,000 | $ 110,590 | $ 48,000 |
| Atlanta-Sandy Springs-Marietta, GA | 21 | $ 2,575,000 | $ 122,619 | $ 125,000 |
| Orlando-Kissimmee, FL | 19 | $ 3,783,000 | $ 199,105 | $ 93,000 |
| Cincinnati-Middletown, OH-KY-IN | 18 | $ 2,527,000 | $ 140,388 | $ 84,444 |
| Cumberland, MD-WV | 18 | $ 2,150,000 | $ 119,444 | $ 81,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 17 | $ 3,811,000 | $ 224,176 | $ 83,000 |
| Camden, NJ | 16 | $ 3,201,000 | $ 200,062 | $ 91,000 |
| Boston-Quincy, MA | 15 | $ 4,889,000 | $ 325,933 | $ 90,000 |
| Phoenix-Mesa-Scottsdale, AZ | 15 | $ 3,133,000 | $ 208,866 | $ 164,000 |
| Salisbury, MD | 13 | $ 2,152,000 | $ 165,538 | $ 78,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 12 | $ 2,082,000 | $ 173,500 | $ 88,833 |
| Harrisburg-Carlisle, PA | 12 | $ 942,000 | $ 78,500 | $ 132,000 |
| Atlantic City, NJ | 10 | $ 3,760,000 | $ 376,000 | $ 192,000 |
| Cape Coral-Fort Myers, FL | 10 | $ 2,036,000 | $ 203,600 | $ 202,000 |
| Los Angeles-Long Beach-Glendale, CA | 10 | $ 3,174,000 | $ 317,400 | $ 166,000 |
| Miami-Miami Beach-Kendall, FL | 10 | $ 2,219,000 | $ 221,900 | $ 681,000 |
| Riverside-San Bernardino-Ontario, CA | 9 | $ 3,024,000 | $ 336,000 | $ 157,000 |
| Santa Ana-Anaheim-Irvine, CA | 9 | $ 3,788,000 | $ 420,888 | $ 69,000 |
| Wichita, KS | 9 | $ 785,000 | $ 87,222 | $ 76,000 |
| Houston-Sugar Land-Baytown, TX | 8 | $ 1,119,000 | $ 139,875 | $ 104,000 |
| Tacoma, WA | 8 | $ 1,424,000 | $ 178,000 | $ 69,000 |
| Dallas-Plano-Irving, TX | 7 | $ 645,000 | $ 92,142 | $ 50,000 |
| New Haven-Milford, CT | 7 | $ 910,000 | $ 130,000 | $ 57,000 |
| Palm Bay-Melbourne-Titusville, FL | 7 | $ 1,067,000 | $ 152,428 | $ 55,000 |
| Portland-Vancouver-Beaverton, OR-WA | 7 | $ 1,382,000 | $ 197,428 | $ 49,571 |
| Tucson, AZ | 7 | $ 987,000 | $ 141,000 | $ 60,000 |
| Charlotte-Gastonia-Concord, NC-SC | 6 | $ 637,000 | $ 106,166 | $ 89,500 |
| Memphis, TN-MS-AR | 6 | $ 841,000 | $ 140,166 | $ 99,000 |
| Nassau-Suffolk, NY | 6 | $ 2,551,000 | $ 425,166 | $ 171,000 |
| Sarasota-Bradenton-Venice, FL | 6 | $ 1,094,000 | $ 182,333 | $ 98,000 |
| Scranton--Wilkes-Barre, PA | 6 | $ 904,000 | $ 150,666 | $ 113,000 |
| Syracuse, NY | 6 | $ 777,000 | $ 129,500 | $ 149,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 5 | $ 1,664,000 | $ 332,800 | $ 258,000 |
| Hagerstown-Martinsburg, MD-WV | 5 | $ 963,000 | $ 192,600 | $ 112,800 |
| Hartford-West Hartford-East Hartford, CT | 5 | $ 1,130,000 | $ 226,000 | $ 103,000 |
| Manchester-Nashua, NH | 5 | $ 846,000 | $ 169,200 | $ 82,000 |
| Omaha-Council Bluffs, NE-IA | 5 | $ 548,000 | $ 109,600 | $ 59,000 |
| Port St. Lucie-Fort Pierce, FL | 5 | $ 777,000 | $ 155,400 | $ 67,000 |
| Raleigh-Cary, NC | 5 | $ 465,000 | $ 93,000 | $ 219,000 |
| San Diego-Carlsbad-San Marcos, CA | 5 | $ 1,484,000 | $ 296,800 | $ 88,000 |
| Seattle-Bellevue-Everett, WA | 5 | $ 1,126,000 | $ 225,200 | $ 90,000 |
| Warren-Troy-Farmington Hills, MI | 5 | $ 607,000 | $ 121,400 | $ 69,000 |
| Columbus, OH | 4 | $ 386,000 | $ 96,500 | $ 64,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 4 | $ 401,000 | $ 100,250 | $ 24,000 |
| Detroit-Livonia-Dearborn, MI | 4 | $ 589,000 | $ 147,250 | $ 134,000 |
| Kingsport-Bristol-Bristol, TN-VA | 4 | $ 561,000 | $ 140,250 | $ 22,500 |
| Las Vegas-Paradise, NV | 4 | $ 1,173,000 | $ 293,250 | $ 107,000 |
| Panama City-Lynn Haven, FL | 4 | $ 1,521,000 | $ 380,250 | $ 137,000 |
| Toledo, OH | 4 | $ 766,000 | $ 191,500 | $ 75,000 |
| West Palm Beach-Boca Raton-Boynton Beach, FL | 4 | $ 1,167,000 | $ 291,750 | $ 115,000 |
| Winchester, VA-WV | 4 | $ 689,000 | $ 172,250 | $ 43,000 |
| Boulder, CO | 3 | $ 665,000 | $ 221,666 | $ 198,000 |
| Bridgeport-Stamford-Norwalk, CT | 3 | $ 635,000 | $ 211,666 | $ 40,000 |
| Charleston-North Charleston, SC | 3 | $ 327,000 | $ 109,000 | $ 200,000 |
| Cleveland-Elyria-Mentor, OH | 3 | $ 396,000 | $ 132,000 | $ 98,000 |
| Dayton, OH | 3 | $ 371,000 | $ 123,666 | $ 78,000 |
| Honolulu, HI | 3 | $ 1,087,000 | $ 362,333 | $ 96,000 |
| Lakeland, FL | 3 | $ 368,000 | $ 122,666 | $ 41,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC | 3 | $ 640,000 | $ 213,333 | $ 86,000 |
| Ocala, FL | 3 | $ 336,000 | $ 112,000 | $ 39,000 |
| Pueblo, CO | 3 | $ 281,000 | $ 93,666 | $ 38,000 |
| Reading, PA | 3 | $ 756,000 | $ 252,000 | $ 70,000 |
| Rockingham County-Strafford County, NH | 3 | $ 682,000 | $ 227,333 | $ 79,000 |
| Sacramento--Arden-Arcade--Roseville, CA | 3 | $ 723,000 | $ 241,000 | $ 205,000 |
| Stockton, CA | 3 | $ 923,000 | $ 307,666 | $ 314,000 |
| Trenton-Ewing, NJ | 3 | $ 1,052,000 | $ 350,666 | $ 115,000 |
| Wilmington, DE-MD-NJ | 3 | $ 673,000 | $ 224,333 | $ 101,000 |
| Altoona, PA | 2 | $ 91,000 | $ 45,500 | $ 69,000 |
| Boise City-Nampa, ID | 2 | $ 236,000 | $ 118,000 | $ 59,000 |
| Colorado Springs, CO | 2 | $ 369,000 | $ 184,500 | $ 139,000 |
| Essex County, MA | 2 | $ 487,000 | $ 243,500 | $ 89,000 |
| Idaho Falls, ID | 2 | $ 123,000 | $ 61,500 | $ 37,000 |
| Jackson, MS | 2 | $ 156,000 | $ 78,000 | $ 42,000 |
| Jacksonville, FL | 2 | $ 595,000 | $ 297,500 | $ 104,000 |
| Kalamazoo-Portage, MI | 2 | $ 199,000 | $ 99,500 | $ 72,000 |
| Lafayette, IN | 2 | $ 189,000 | $ 94,500 | $ 49,000 |
| Lincoln, NE | 2 | $ 334,000 | $ 167,000 | $ 22,000 |
| Nashville-Davidson--Murfreesboro, TN | 2 | $ 193,000 | $ 96,500 | $ 113,000 |
| Oakland-Fremont-Hayward, CA | 2 | $ 910,000 | $ 455,000 | $ 270,000 |
| Portland-South Portland-Biddeford, ME | 2 | $ 420,000 | $ 210,000 | $ 95,000 |
| Poughkeepsie-Newburgh-Middletown, NY | 2 | $ 320,000 | $ 160,000 | $ 78,000 |
| Reno-Sparks, NV | 2 | $ 685,000 | $ 342,500 | $ 93,000 |
| Richmond, VA | 2 | $ 304,000 | $ 152,000 | $ 117,000 |
| Rockford, IL | 2 | $ 280,000 | $ 140,000 | $ 122,000 |
| San Luis Obispo-Paso Robles, CA | 2 | $ 583,000 | $ 291,500 | $ 122,000 |
| Sebastian-Vero Beach, FL | 2 | $ 212,000 | $ 106,000 | $ 123,000 |
| Springfield, MO | 2 | $ 137,000 | $ 68,500 | $ 140,000 |
| Youngstown-Warren-Boardman, OH-PA | 2 | $ 613,000 | $ 306,500 | $ 113,000 |
| Asheville, NC | 1 | $ 159,000 | $ 159,000 | $ 78,000 |
| Austin-Round Rock, TX | 1 | $ 248,000 | $ 248,000 | $ 132,000 |
| Bangor, ME | 1 | $ 113,000 | $ 113,000 | $ 46,000 |
| Barnstable Town, MA | 1 | $ 158,000 | $ 158,000 | $ 61,000 |
| Bellingham, WA | 1 | $ 171,000 | $ 171,000 | $ 58,000 |
| Bend, OR | 1 | $ 128,000 | $ 128,000 | $ 70,000 |
| Birmingham-Hoover, AL | 1 | $ 392,000 | $ 392,000 | $ 140,000 |
| Blacksburg-Christiansburg-Radford, VA | 1 | $ 189,000 | $ 189,000 | $ 42,000 |
| Bremerton-Silverdale, WA | 1 | $ 130,000 | $ 130,000 | $ 29,000 |
| Burlington, NC | 1 | $ 262,000 | $ 262,000 | $ 81,000 |
| Carson City, NV | 1 | $ 231,000 | $ 231,000 | $ 65,000 |
| Casper, WY | 1 | $ 154,000 | $ 154,000 | $ 60,000 |
| Cedar Rapids, IA | 1 | $ 81,000 | $ 81,000 | $ 336,000 |
| Charlottesville, VA | 1 | $ 145,000 | $ 145,000 | $ 52,000 |
| Clarksville, TN-KY | 1 | $ 90,000 | $ 90,000 | $ 36,000 |
| Columbus, GA-AL | 1 | $ 60,000 | $ 60,000 | $ 98,000 |
| Dalton, GA | 1 | $ 95,000 | $ 95,000 | $ 11,000 |
| Danville, VA | 1 | $ 152,000 | $ 152,000 | $ 41,000 |
| Davenport-Moline-Rock Island, IA-IL | 1 | $ 67,000 | $ 67,000 | $ 49,000 |
| Dover, DE | 1 | $ 156,000 | $ 156,000 | $ 35,000 |
| Durham, NC | 1 | $ 420,000 | $ 420,000 | $ 184,000 |
| Eugene-Springfield, OR | 1 | $ 352,000 | $ 352,000 | $ 282,000 |
| Fayetteville-Springdale-Rogers, AR-MO | 1 | $ 207,000 | $ 207,000 | $ 71,000 |
| Florence, SC | 1 | $ 86,000 | $ 86,000 | $ 108,000 |
| Fort Smith, AR-OK | 1 | $ 54,000 | $ 54,000 | $ 143,000 |
| Fort Walton Beach-Crestview-Destin, FL | 1 | $ 408,000 | $ 408,000 | $ 106,000 |
| Fresno, CA | 1 | $ 513,000 | $ 513,000 | $ 360,000 |
| Indianapolis-Carmel, IN | 1 | $ 50,000 | $ 50,000 | $ 88,000 |
| Jackson, MI | 1 | $ 175,000 | $ 175,000 | $ 54,000 |
| Jacksonville, NC | 1 | $ 80,000 | $ 80,000 | $ 36,000 |
| Lebanon, PA | 1 | $ 237,000 | $ 237,000 | $ 146,000 |
| Lewiston-Auburn, ME | 1 | $ 149,000 | $ 149,000 | $ 75,000 |
| Louisville-Jefferson County, KY-IN | 1 | $ 162,000 | $ 162,000 | $ 66,000 |
| Lynchburg, VA | 1 | $ 94,000 | $ 94,000 | $ 35,000 |
| Mount Vernon-Anacortes, WA | 1 | $ 182,000 | $ 182,000 | $ 66,000 |
| Muskegon-Norton Shores, MI | 1 | $ 182,000 | $ 182,000 | $ 50,000 |
| Naples-Marco Island, FL | 1 | $ 239,000 | $ 239,000 | $ 71,000 |
| New Orleans-Metairie-Kenner, LA | 1 | $ 296,000 | $ 296,000 | $ 98,000 |
| Ocean City, NJ | 1 | $ 370,000 | $ 370,000 | $ 177,000 |
| Parkersburg-Marietta-Vienna, WV-OH | 1 | $ 50,000 | $ 50,000 | $ 36,000 |
| Pittsfield, MA | 1 | $ 160,000 | $ 160,000 | $ 50,000 |
| Prescott, AZ | 1 | $ 190,000 | $ 190,000 | $ 71,000 |
| Provo-Orem, UT | 1 | $ 208,000 | $ 208,000 | $ 0 |
| Rochester, NY | 1 | $ 53,000 | $ 53,000 | $ 174,000 |
| Rocky Mount, NC | 1 | $ 42,000 | $ 42,000 | $ 0 |
| Salt Lake City, UT | 1 | $ 186,000 | $ 186,000 | $ 77,000 |
| San Antonio, TX | 1 | $ 329,000 | $ 329,000 | $ 300,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 1 | $ 559,000 | $ 559,000 | $ 354,000 |
| Santa Fe, NM | 1 | $ 140,000 | $ 140,000 | $ 72,000 |
| Spartanburg, SC | 1 | $ 62,000 | $ 62,000 | $ 64,000 |
| Spokane, WA | 1 | $ 154,000 | $ 154,000 | $ 43,000 |
| St. Louis, MO-IL | 1 | $ 148,000 | $ 148,000 | $ 67,000 |
| Tulsa, OK | 1 | $ 80,000 | $ 80,000 | $ 46,000 |
| Vallejo-Fairfield, CA | 1 | $ 215,000 | $ 215,000 | $ 81,000 |
| Vineland-Millville-Bridgeton, NJ | 1 | $ 71,000 | $ 71,000 | $ 49,000 |
| Visalia-Porterville, CA | 1 | $ 329,000 | $ 329,000 | $ 156,000 |
| Waco, TX | 1 | $ 323,000 | $ 323,000 | $ 0 |
| Williamsport, PA | 1 | $ 190,000 | $ 190,000 | $ 65,000 |
| Worcester, MA | 1 | $ 24,000 | $ 24,000 | $ 0 |
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 | 975 | $218,353,000 | $223,000 | $1,464,000 | $114,000 | $3,396,000 |
| Home Purchase | 426 | $74,943,000 | $175,000 | $1,495,000 | $108,000 | $596,000 |
| Home Improvement | 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 | 881 | $181,852,000 | $206,000 | $1,495,000 | $106,000 | $831,000 |
| Black or African American | 219 | $51,739,000 | $236,000 | $750,000 | $103,000 | $478,000 |
| Not Provided | 209 | $39,213,000 | $187,000 | $825,000 | $151,000 | $3,396,000 |
| Hispanic | 61 | $11,976,000 | $196,000 | $650,000 | $89,000 | $276,000 |
| Asian | 22 | $6,142,000 | $279,000 | $678,000 | $128,000 | $255,000 |
| Native Hawaiian or Other Pacific Islander | 7 | $1,967,000 | $281,000 | $480,000 | $137,000 | $216,000 |
| American Indian or Alaskan Native | 2 | $407,000 | $203,000 | $267,000 | $85,000 | $99,000 |
| Not applicable | 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) | 1,381 | $290,214,000 | $210,000 | $1,495,000 | $113,000 | $3,396,000 |
| FHA-insured (Federal Housing Administration) | 20 | $3,082,000 | $154,000 | $302,000 | $59,000 | $100,000 |
| 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 | 970 | $215,106,000 | $221,000 | $1,495,000 | $106,000 | $874,000 |
| Application Denied By Financial Institution | 206 | $34,196,000 | $166,000 | $1,170,000 | $152,000 | $3,396,000 |
| Application Approved But Not Accepted | 186 | $35,422,000 | $190,000 | $900,000 | $98,000 | $315,000 |
| Application Withdrawn By Applicant | 37 | $8,117,000 | $219,000 | $998,000 | $112,000 | $596,000 |
| File Closed For Incompleteness | 2 | $455,000 | $227,000 | $350,000 | $273,000 | $312,000 |
| 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 |
|---|---|---|---|---|---|---|
| Other | 93 | $14,930,000 | $160,000 | $750,000 | $130,000 | $3,396,000 |
| Collateral | 30 | $4,590,000 | $153,000 | $650,000 | $134,000 | $420,000 |
| Debt-To-Income Ratio | 29 | $5,918,000 | $204,000 | $1,170,000 | $134,000 | $600,000 |
| Unverifiable Information | 16 | $2,655,000 | $165,000 | $371,000 | $141,000 | $837,000 |
| Credit Application Incomplete | 14 | $2,468,000 | $176,000 | $387,000 | $467,000 | $837,000 |
| Credit History | 13 | $2,163,000 | $166,000 | $559,000 | $114,000 | $354,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 8 | $936,000 | $117,000 | $450,000 | $95,000 | $276,000 |
| Employment History | 2 | $490,000 | $245,000 | $396,000 | $74,000 | $110,000 |
| Mortgage Insurance Denied | 1 | $46,000 | $46,000 | $46,000 | $136,000 | $136,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into United Medical Bank's 2006 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 Medical 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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