United Mortgage Lenders Inc Mortgage Lending & HMDA Data, 2005

In 2005, United Mortgage Lenders Inc of Boca Raton, FL reported 3,201 mortgage applications totaling $546.6 million, down 9% from 2004. The average application was for $170,748, and applicants reported an average income of $69,234. 43% of its applications resulted in an originated loan and 54% were denied. Its largest markets were Louisville, KY-IN (148), Nashville-Davidson--Murfreesboro, TN (141) and Chicago-Naperville-Joliet, IL (98) (applications in parentheses).

Mortgage Company & Address United Mortgage Lenders Inc
5201 Congress Ave Suite C234
Boca Raton, FL 33487
Tel #: available with data download
Federal Regulator * available with data download
Years 2005  2004  
Total Number of Mortgage Applications 3,201
Total Mortgage Loan Application Amount $546,567,000
Average Mortgage Loan Application Amount $170,748
Highest Mortgage Loan Application Amount $1,455,000
Average Applicant Income $69,234
Highest Applicant Income $720,000

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records United Mortgage Lenders Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Louisville, KY-IN 148 $ 18,834,000 $ 127,256 $ 54,000
Nashville-Davidson--Murfreesboro, TN 141 $ 17,651,000 $ 125,184 $ 56,000
Chicago-Naperville-Joliet, IL 98 $ 18,626,000 $ 190,061 $ 68,000
West Palm Beach-Boca Raton-Boynton Beach, FL 98 $ 17,697,000 $ 180,581 $ 68,000
Baltimore-Towson, MD 91 $ 16,267,000 $ 178,758 $ 73,000
Tampa-St. Petersburg-Clearwater, FL 70 $ 11,189,000 $ 159,842 $ 71,000
Orlando, FL 68 $ 11,117,000 $ 163,485 $ 65,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 63 $ 11,641,000 $ 184,777 $ 68,000
Los Angeles-Long Beach-Glendale, CA 54 $ 15,597,000 $ 288,833 $ 109,000
Richmond, VA 54 $ 8,825,000 $ 163,425 $ 64,000
Riverside-San Bernardino-Ontario, CA 52 $ 12,153,000 $ 233,711 $ 72,000
Milwaukee-Waukesha-West Allis, WI 51 $ 10,073,000 $ 197,509 $ 85,000
Boston-Quincy, MA 48 $ 11,966,000 $ 249,291 $ 82,000
Hartford-West Hartford-East Hartford, CT 48 $ 9,144,000 $ 190,500 $ 73,000
Warren-Farmington Hills-Troy, MI 46 $ 7,606,000 $ 165,347 $ 79,000
Indianapolis, IN 44 $ 5,652,000 $ 128,454 $ 67,000
Virginia Beach-Norfolk-Newport News, VA-NC 40 $ 5,541,000 $ 138,525 $ 56,000
Denver-Aurora, CO 38 $ 7,581,000 $ 199,500 $ 95,000
Cambridge-Newton-Framingham, MA 37 $ 8,424,000 $ 227,675 $ 79,000
Memphis, TN-MS-AR 34 $ 4,425,000 $ 130,147 $ 75,000
Birmingham-Hoover, AL 33 $ 4,197,000 $ 127,181 $ 64,000
Tulsa, OK 33 $ 4,536,000 $ 137,454 $ 71,000
Knoxville, TN 32 $ 4,451,000 $ 139,093 $ 61,000
Minneapolis-St. Paul-Bloomington, MN-WI 32 $ 5,613,000 $ 175,406 $ 79,000
St. Louis, MO-IL 32 $ 4,197,000 $ 131,156 $ 52,000
Miami-Miami Beach-Kendall, FL 31 $ 4,944,000 $ 159,483 $ 65,000
Worcester, MA 31 $ 6,475,000 $ 208,870 $ 72,000
Springfield, MA 29 $ 4,237,000 $ 146,103 $ 53,000
New Haven-Milford, CT 28 $ 5,093,000 $ 181,892 $ 76,000
Jacksonville, FL 27 $ 4,377,000 $ 162,111 $ 62,000
Lexington-Fayette, KY 27 $ 4,038,000 $ 149,555 $ 91,000
Bethesda-Frederick-Gaithersburg, MD 26 $ 7,761,000 $ 298,500 $ 99,000
Kansas City, MO-KS 25 $ 3,519,000 $ 140,760 $ 62,000
Oklahoma City, OK 24 $ 3,101,000 $ 129,208 $ 73,000
Montgomery, AL 23 $ 3,532,000 $ 153,565 $ 68,000
Santa Ana-Anaheim-Irvine, CA 23 $ 7,558,000 $ 328,608 $ 150,000
Albuquerque, NM 21 $ 2,982,000 $ 142,000 $ 62,000
Detroit-Livonia-Dearborn, MI 21 $ 2,921,000 $ 139,095 $ 70,000
Cape Coral-Fort Myers, FL 20 $ 3,096,000 $ 154,800 $ 84,000
Chattanooga, TN-GA 20 $ 2,946,000 $ 147,300 $ 57,000
Deltona-Daytona Beach-Ormond Beach, FL 20 $ 2,503,000 $ 125,150 $ 68,000
Manchester-Nashua, NH 20 $ 3,274,000 $ 163,700 $ 117,000
San Diego-Carlsbad-San Marcos, CA 20 $ 7,169,000 $ 358,450 $ 96,000
Huntsville, AL 19 $ 2,644,000 $ 139,157 $ 76,000
Sacramento--Arden-Arcade--Roseville, CA 19 $ 5,808,000 $ 305,684 $ 82,000
Gary, IN 18 $ 2,765,000 $ 153,611 $ 63,000
Sarasota-Bradenton-Venice, FL 18 $ 3,029,000 $ 168,277 $ 58,000
Little Rock-North Little Rock, AR 17 $ 2,659,000 $ 156,411 $ 71,000
Madison, WI 17 $ 2,973,000 $ 174,882 $ 76,000
Essex County, MA 16 $ 3,597,000 $ 224,812 $ 70,000
Palm Bay-Melbourne-Titusville, FL 16 $ 2,458,000 $ 153,625 $ 61,000
Rockingham County-Strafford County, NH 16 $ 2,259,000 $ 141,187 $ 69,000
Oakland-Fremont-Hayward, CA 15 $ 6,235,000 $ 415,666 $ 120,000
Port St. Lucie-Fort Pierce, FL 14 $ 2,413,000 $ 172,357 $ 72,000
Pensacola-Ferry Pass-Brent, FL 13 $ 1,508,000 $ 116,000 $ 69,000
Bridgeport-Stamford-Norwalk, CT 12 $ 3,332,000 $ 277,666 $ 94,000
Lake County-Kenosha County, IL-WI 12 $ 2,308,000 $ 192,333 $ 64,000
Racine, WI 12 $ 1,524,000 $ 127,000 $ 57,000
San Jose-Sunnyvale-Santa Clara, CA 12 $ 4,881,000 $ 406,750 $ 110,000
Springfield, MO 12 $ 1,348,000 $ 112,333 $ 42,000
Colorado Springs, CO 11 $ 1,579,000 $ 143,545 $ 62,000
Fayetteville-Springdale-Rogers, AR-MO 11 $ 1,739,000 $ 158,090 $ 73,000
Stockton, CA 11 $ 2,318,000 $ 210,727 $ 86,000
Norwich-New London, CT 10 $ 1,684,000 $ 168,400 $ 62,000
Bakersfield, CA 9 $ 1,691,000 $ 187,888 $ 71,000
Santa Fe, NM 9 $ 1,557,000 $ 173,000 $ 56,000
Boulder, CO 8 $ 1,210,000 $ 151,250 $ 85,000
Fort Wayne, IN 8 $ 1,070,000 $ 133,750 $ 57,000
Fresno, CA 8 $ 1,388,000 $ 173,500 $ 40,000
Hagerstown-Martinsburg, MD-WV 8 $ 1,429,000 $ 178,625 $ 64,000
Kingsport-Bristol-Bristol, TN-VA 8 $ 775,000 $ 96,875 $ 57,000
Lakeland, FL 8 $ 1,161,000 $ 145,125 $ 69,000
Mobile, AL 8 $ 609,000 $ 76,125 $ 64,000
Oxnard-Thousand Oaks-Ventura, CA 8 $ 2,052,000 $ 256,500 $ 54,000
Santa Rosa-Petaluma, CA 8 $ 2,342,000 $ 292,750 $ 73,000
Auburn-Opelika, AL 7 $ 965,000 $ 137,857 $ 56,000
Eau Claire, WI 7 $ 1,059,000 $ 151,285 $ 63,000
Modesto, CA 7 $ 1,781,000 $ 254,428 $ 98,000
Roanoke, VA 7 $ 1,408,000 $ 201,142 $ 65,000
Ann Arbor, MI 6 $ 760,000 $ 126,666 $ 62,000
Clarksville, TN-KY 6 $ 650,000 $ 108,333 $ 43,000
Fort Collins-Loveland, CO 6 $ 901,000 $ 150,166 $ 52,000
Grand Rapids-Wyoming, MI 6 $ 869,000 $ 144,833 $ 60,000
Johnson City, TN 6 $ 569,000 $ 94,833 $ 40,000
Lansing-East Lansing, MI 6 $ 1,064,000 $ 177,333 $ 71,000
Las Cruces, NM 6 $ 925,000 $ 154,166 $ 55,000
Oshkosh-Neenah, WI 6 $ 1,020,000 $ 170,000 $ 72,000
Salisbury, MD 6 $ 672,000 $ 112,000 $ 46,000
Winchester, VA-WV 6 $ 1,015,000 $ 169,166 $ 78,000
Bowling Green, KY 5 $ 754,000 $ 150,800 $ 81,000
Charlottesville, VA 5 $ 879,000 $ 175,800 $ 58,000
Dothan, AL 5 $ 843,000 $ 168,600 $ 95,000
Flint, MI 5 $ 649,000 $ 129,800 $ 68,000
Greeley, CO 5 $ 1,088,000 $ 217,600 $ 102,000
Jackson, TN 5 $ 550,000 $ 110,000 $ 49,000
Lynchburg, VA 5 $ 841,000 $ 168,200 $ 66,000
Peoria, IL 5 $ 627,000 $ 125,400 $ 83,000
Pittsfield, MA 5 $ 490,000 $ 98,000 $ 64,000
South Bend-Mishawaka, IN-MI 5 $ 657,000 $ 131,400 $ 75,000
Tallahassee, FL 5 $ 735,000 $ 147,000 $ 57,000
Tuscaloosa, AL 5 $ 576,000 $ 115,200 $ 86,000
Visalia-Porterville, CA 5 $ 792,000 $ 158,400 $ 48,000
Anniston-Oxford, AL 4 $ 513,000 $ 128,250 $ 61,000
Battle Creek, MI 4 $ 959,000 $ 239,750 $ 83,000
Chico, CA 4 $ 945,000 $ 236,250 $ 66,000
Columbus, IN 4 $ 286,000 $ 71,500 $ 60,000
Elizabethtown, KY 4 $ 320,000 $ 80,000 $ 83,000
Elkhart-Goshen, IN 4 $ 375,000 $ 93,750 $ 52,000
Fond Du Lac, WI 4 $ 681,000 $ 170,250 $ 109,000
Fort Smith, AR-OK 4 $ 348,000 $ 87,000 $ 62,000
Janesville, WI 4 $ 568,000 $ 142,000 $ 41,000
Naples-Marco Island, FL 4 $ 768,000 $ 192,000 $ 101,000
Panama City-Lynn Haven, FL 4 $ 832,000 $ 208,000 $ 82,000
Punta Gorda, FL 4 $ 629,000 $ 157,250 $ 41,000
Redding, CA 4 $ 576,000 $ 144,000 $ 65,000
Rockford, IL 4 $ 453,000 $ 113,250 $ 52,000
Appleton, WI 3 $ 294,000 $ 98,000 $ 53,000
Barnstable Town, MA 3 $ 623,000 $ 207,666 $ 53,000
Blacksburg-Christiansburg-Radford, VA 3 $ 368,000 $ 122,666 $ 37,000
Decatur, AL 3 $ 363,000 $ 121,000 $ 81,000
Duluth, MN-WI 3 $ 318,000 $ 106,000 $ 40,000
Farmington, NM 3 $ 648,000 $ 216,000 $ 82,000
Fort Walton Beach-Crestview-Destin, FL 3 $ 364,000 $ 121,333 $ 67,000
Gainesville, FL 3 $ 305,000 $ 101,666 $ 46,000
Grand Junction, CO 3 $ 400,000 $ 133,333 $ 89,000
Green Bay, WI 3 $ 391,000 $ 130,333 $ 51,000
Michigan City-La Porte, IN 3 $ 385,000 $ 128,333 $ 67,000
Monroe, MI 3 $ 513,000 $ 171,000 $ 46,000
Salinas, CA 3 $ 1,514,000 $ 504,666 $ 149,000
San Francisco-San Mateo-Redwood City, CA 3 $ 928,000 $ 309,333 $ 148,000
Santa Barbara-Santa Maria-Goleta, CA 3 $ 1,275,000 $ 425,000 $ 121,000
Springfield, IL 3 $ 305,000 $ 101,666 $ 49,000
Vallejo-Fairfield, CA 3 $ 855,000 $ 285,000 $ 100,000
Bloomington, IN 2 $ 262,000 $ 131,000 $ 58,000
Champaign-Urbana, IL 2 $ 274,000 $ 137,000 $ 47,000
Cleveland, TN 2 $ 275,000 $ 137,500 $ 77,000
Florence-Muscle Shoals, AL 2 $ 302,000 $ 151,000 $ 69,000
Gadsden, AL 2 $ 268,000 $ 134,000 $ 68,000
Joplin, MO 2 $ 176,000 $ 88,000 $ 33,000
Kalamazoo-Portage, MI 2 $ 319,000 $ 159,500 $ 56,000
Kankakee-Bradley, IL 2 $ 204,000 $ 102,000 $ 47,000
Kokomo, IN 2 $ 184,000 $ 92,000 $ 49,000
La Crosse, WI-MN 2 $ 275,000 $ 137,500 $ 76,000
Lafayette, IN 2 $ 308,000 $ 154,000 $ 25,000
Morristown, TN 2 $ 199,000 $ 99,500 $ 33,000
Muskegon-Norton Shores, MI 2 $ 219,000 $ 109,500 $ 51,000
Rochester, MN 2 $ 232,000 $ 116,000 $ 60,000
San Luis Obispo-Paso Robles, CA 2 $ 833,000 $ 416,500 $ 112,000
Sheboygan, WI 2 $ 258,000 $ 129,000 $ 18,000
St. Joseph, MO-KS 2 $ 345,000 $ 172,500 $ 59,000
Wausau, WI 2 $ 304,000 $ 152,000 $ 55,000
Yuba City, CA 2 $ 433,000 $ 216,500 $ 74,000
Bloomington-Normal, IL 1 $ 136,000 $ 136,000 $ 55,000
Columbia, MO 1 $ 170,000 $ 170,000 $ 128,000
Cumberland, MD-WV 1 $ 91,000 $ 91,000 $ 34,000
Davenport-Moline-Rock Island, IA-IL 1 $ 55,000 $ 55,000 $ 15,000
Decatur, IL 1 $ 134,000 $ 134,000 $ 48,000
Holland-Grand Haven, MI 1 $ 160,000 $ 160,000 $ 52,000
Jackson, MI 1 $ 160,000 $ 160,000 $ 60,000
Jonesboro, AR 1 $ 123,000 $ 123,000 $ 69,000
Lawton, OK 1 $ 157,000 $ 157,000 $ 88,000
Madera, CA 1 $ 250,000 $ 250,000 $ 33,000
Merced, CA 1 $ 130,000 $ 130,000 $ 54,000
Napa, CA 1 $ 180,000 $ 180,000 $ 26,000
Niles-Benton Harbor, MI 1 $ 176,000 $ 176,000 $ 82,000
Owensboro, KY 1 $ 177,000 $ 177,000 $ 61,000
Pittsburgh, PA 1 $ 35,000 $ 35,000 $ 30,000
Saginaw-Saginaw Township North, MI 1 $ 82,000 $ 82,000 $ 44,000
Terre Haute, IN 1 $ 170,000 $ 170,000 $ 43,000

Mortgage Loan Application Detail Totals for United Mortgage Lenders Inc 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
Refinancing 2,051 $364,308,000 $163,954 $1,455,000 $66,954 $720,000
Home Purchase 1,150 $182,259,000 $154,523 $700,000 $67,380 $415,000
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 2,348 $400,580,000 $156,478 $1,455,000 $65,434 $602,000
Not Provided 530 $90,568,000 $158,473 $800,000 $68,789 $720,000
Black or African American 130 $19,994,000 $146,789 $590,000 $57,631 $165,000
Hispanic 111 $18,962,000 $170,800 $407,000 $68,400 $180,000
Asian 55 $10,798,000 $169,066 $499,000 $73,066 $220,000
Native Hawaiian or Other Pacific Islander 17 $3,845,000 $179,875 $770,000 $63,500 $240,000
American Indian or Alaskan Native 10 $1,820,000 $195,000 $360,000 $68,571 $165,000
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) 3,199 $546,212,000 $155,565 $1,455,000 $64,782 $720,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $355,000 $177,000 $205,000 $56,000 $58,000
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0
FHA-insured (Federal Housing 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
Application Denied By Financial Institution 1,722 $308,065,000 $166,818 $1,455,000 $67,000 $720,000
Loan Originated 1,364 $219,177,000 $153,523 $943,000 $68,190 $425,000
Application Withdrawn By Applicant 95 $15,470,000 $151,750 $460,000 $54,750 $360,000
File Closed For Incompleteness 17 $3,332,000 $165,500 $512,000 $74,500 $172,000
Application Approved But Not Accepted 3 $523,000 $190,500 $240,000 $94,500 $125,000
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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 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 United Mortgage Lenders Inc'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 Mortgage Lenders Inc'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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