United Western Bank Mortgage Lending & HMDA Data, 2004

In 2004, United Western Bank of Denver, CO reported 1,897 mortgage applications totaling $611.9 million, down 15% from 2003. The average application was for $322,536, and applicants reported an average income of $576. 4% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Chicago-Naperville-Joliet, IL (148), Atlanta-Sandy Springs-Marietta, GA (125) and Denver-Aurora, CO (106) (applications in parentheses).

Mortgage Company & Address United Western Bank
700 17th St
Denver, CO 80202
Tel #: available with data download
Federal Regulator * available with data download
Years 2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,897
Total Mortgage Loan Application Amount $611,851,000
Average Mortgage Loan Application Amount $322,536
Highest Mortgage Loan Application Amount $5,450,000
Average Applicant Income $576
Highest Applicant Income $148,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records United Western Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Western Bank by Metropolitan Area in 2004

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Chicago-Naperville-Joliet, IL 148 $ 40,657,000 $ 274,709 $ 0
Atlanta-Sandy Springs-Marietta, GA 125 $ 29,313,000 $ 234,504 $ 0
Denver-Aurora, CO 106 $ 28,203,000 $ 266,066 $ 1,000
Los Angeles-Long Beach-Glendale, CA 59 $ 28,492,000 $ 482,915 $ 0
Phoenix-Mesa-Scottsdale, AZ 57 $ 32,134,000 $ 563,754 $ 0
San Jose-Sunnyvale-Santa Clara, CA 52 $ 25,316,000 $ 486,846 $ 0
Santa Ana-Anaheim-Irvine, CA 48 $ 23,526,000 $ 490,125 $ 0
Oakland-Fremont-Hayward, CA 41 $ 18,473,000 $ 450,560 $ 0
Tampa-St. Petersburg-Clearwater, FL 31 $ 6,217,000 $ 200,548 $ 0
Cleveland-Elyria-Mentor, OH 30 $ 4,662,000 $ 155,400 $ 0
West Palm Beach-Boca Raton-Boynton Beach, FL 28 $ 10,420,000 $ 372,142 $ 0
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 27 $ 9,841,000 $ 364,481 $ 0
Miami-Miami Beach-Kendall, FL 27 $ 7,266,000 $ 269,111 $ 0
Edison, NJ 26 $ 2,206,000 $ 84,846 $ 0
San Diego-Carlsbad-San Marcos, CA 26 $ 12,391,000 $ 476,576 $ 0
Las Cruces, NM 25 $ 2,050,000 $ 82,000 $ 33,000
Philadelphia, PA 24 $ 6,643,000 $ 276,791 $ 0
San Francisco-San Mateo-Redwood City, CA 23 $ 12,009,000 $ 522,130 $ 0
Sarasota-Bradenton-Venice, FL 23 $ 6,229,000 $ 270,826 $ 0
Colorado Springs, CO 22 $ 6,641,000 $ 301,863 $ 0
Seattle-Bellevue-Everett, WA 22 $ 11,205,000 $ 509,318 $ 0
Minneapolis-St. Paul-Bloomington, MN-WI 21 $ 6,365,000 $ 303,095 $ 0
Cincinnati-Middletown, OH-KY-IN 20 $ 3,947,000 $ 197,350 $ 0
Las Vegas-Paradise, NV 20 $ 6,795,000 $ 339,750 $ 0
Columbus, OH 18 $ 2,790,000 $ 155,000 $ 0
Dallas-Plano-Irving, TX 18 $ 12,381,000 $ 687,833 $ 0
Akron, OH 17 $ 2,382,000 $ 140,117 $ 0
Baltimore-Towson, MD 17 $ 6,061,000 $ 356,529 $ 0
Boston-Quincy, MA 17 $ 8,770,000 $ 515,882 $ 0
Newark-Union, NJ-PA 17 $ 3,693,000 $ 217,235 $ 0
Orlando, FL 17 $ 6,478,000 $ 381,058 $ 0
Nashville-Davidson--Murfreesboro, TN 16 $ 5,327,000 $ 332,937 $ 0
Houston-Baytown-Sugar Land, TX 15 $ 8,649,000 $ 576,600 $ 0
Jacksonville, FL 14 $ 2,992,000 $ 213,714 $ 0
Warren-Farmington Hills-Troy, MI 14 $ 4,211,000 $ 300,785 $ 0
Cambridge-Newton-Framingham, MA 13 $ 5,776,000 $ 444,307 $ 0
Fort Worth-Arlington, TX 13 $ 5,112,000 $ 393,230 $ 0
Bethesda-Frederick-Gaithersburg, MD 12 $ 4,205,000 $ 350,416 $ 0
Birmingham-Hoover, AL 12 $ 4,437,000 $ 369,750 $ 0
Charlotte-Gastonia-Concord, NC-SC 12 $ 2,441,000 $ 203,416 $ 0
Lake County-Kenosha County, IL-WI 12 $ 4,382,000 $ 365,166 $ 0
Oxnard-Thousand Oaks-Ventura, CA 12 $ 5,857,000 $ 488,083 $ 0
St. Louis, MO-IL 12 $ 1,960,000 $ 163,333 $ 0
Riverside-San Bernardino-Ontario, CA 10 $ 3,112,000 $ 311,200 $ 0
Salt Lake City, UT 10 $ 4,615,000 $ 461,500 $ 0
Cape Coral-Fort Myers, FL 8 $ 1,197,000 $ 149,625 $ 0
Detroit-Livonia-Dearborn, MI 8 $ 1,297,000 $ 162,125 $ 0
Lubbock, TX 8 $ 6,892,000 $ 861,500 $ 0
Milwaukee-Waukesha-West Allis, WI 8 $ 1,463,000 $ 182,875 $ 0
Naples-Marco Island, FL 8 $ 3,903,000 $ 487,875 $ 0
Santa Cruz-Watsonville, CA 8 $ 4,187,000 $ 523,375 $ 0
Virginia Beach-Norfolk-Newport News, VA-NC 8 $ 1,271,000 $ 158,875 $ 0
Bridgeport-Stamford-Norwalk, CT 7 $ 4,839,000 $ 691,285 $ 0
Macon, GA 7 $ 1,091,000 $ 155,857 $ 0
Memphis, TN-MS-AR 7 $ 3,434,000 $ 490,571 $ 0
New York-Wayne-White Plains, NY-NJ 7 $ 2,247,000 $ 321,000 $ 0
Sacramento--Arden-Arcade--Roseville, CA 7 $ 2,464,000 $ 352,000 $ 0
Boulder, CO 6 $ 2,382,000 $ 397,000 $ 0
Charleston-North Charleston, SC 6 $ 2,048,000 $ 341,333 $ 0
Greensboro-High Point, NC 6 $ 1,223,000 $ 203,833 $ 0
Huntsville, AL 6 $ 2,892,000 $ 482,000 $ 0
Kansas City, MO-KS 6 $ 781,000 $ 130,166 $ 0
Louisville, KY-IN 6 $ 919,000 $ 153,166 $ 0
Tucson, AZ 6 $ 1,328,000 $ 221,333 $ 0
Youngstown-Warren-Boardman, OH-PA 6 $ 823,000 $ 137,166 $ 0
Atlantic City, NJ 5 $ 365,000 $ 73,000 $ 0
Brunswick, GA 5 $ 1,149,000 $ 229,800 $ 0
Indianapolis, IN 5 $ 797,000 $ 159,400 $ 0
Oklahoma City, OK 5 $ 3,674,000 $ 734,800 $ 0
Port St. Lucie-Fort Pierce, FL 5 $ 718,000 $ 143,600 $ 0
Portland-Vancouver-Beaverton, OR-WA 5 $ 2,033,000 $ 406,600 $ 0
Richmond, VA 5 $ 958,000 $ 191,600 $ 0
San Antonio, TX 5 $ 3,546,000 $ 709,200 $ 0
Savannah, GA 5 $ 1,213,000 $ 242,600 $ 0
Stockton, CA 5 $ 1,563,000 $ 312,600 $ 0
Wilmington, NC 5 $ 1,613,000 $ 322,600 $ 0
Albuquerque, NM 4 $ 1,700,000 $ 425,000 $ 20,000
Canton-Massillon, OH 4 $ 706,000 $ 176,500 $ 0
Fort Collins-Loveland, CO 4 $ 848,000 $ 212,000 $ 0
Gainesville, GA 4 $ 1,001,000 $ 250,250 $ 0
Madison, WI 4 $ 822,000 $ 205,500 $ 0
New Orleans-Metairie-Kenner, LA 4 $ 943,000 $ 235,750 $ 0
Pittsburgh, PA 4 $ 762,000 $ 190,500 $ 0
Raleigh-Cary, NC 4 $ 1,556,000 $ 389,000 $ 0
Salinas, CA 4 $ 1,948,000 $ 487,000 $ 0
Tacoma, WA 4 $ 1,843,000 $ 460,750 $ 0
Winchester, VA-WV 4 $ 768,000 $ 192,000 $ 0
Worcester, MA 4 $ 1,196,000 $ 299,000 $ 0
Asheville, NC 3 $ 554,000 $ 184,666 $ 0
Austin-Round Rock, TX 3 $ 7,260,000 $ 2,420,000 $ 0
Barnstable Town, MA 3 $ 1,096,000 $ 365,333 $ 0
Camden, NJ 3 $ 228,000 $ 76,000 $ 0
Lafayette, IN 3 $ 458,000 $ 152,666 $ 0
Manchester-Nashua, NH 3 $ 862,000 $ 287,333 $ 0
Montgomery, AL 3 $ 677,000 $ 225,666 $ 0
Nassau-Suffolk, NY 3 $ 1,304,000 $ 434,666 $ 0
Prescott, AZ 3 $ 435,000 $ 145,000 $ 0
Santa Rosa-Petaluma, CA 3 $ 1,207,000 $ 402,333 $ 0
Toledo, OH 3 $ 729,000 $ 243,000 $ 0
Vallejo-Fairfield, CA 3 $ 684,000 $ 228,000 $ 0
Winston-Salem, NC 3 $ 329,000 $ 109,666 $ 0
Baton Rouge, LA 2 $ 257,000 $ 128,500 $ 0
College Station-Bryan, TX 2 $ 191,000 $ 95,500 $ 0
Deltona-Daytona Beach-Ormond Beach, FL 2 $ 161,000 $ 80,500 $ 0
El Paso, TX 2 $ 145,000 $ 72,500 $ 84,000
Flint, MI 2 $ 152,000 $ 76,000 $ 0
Fresno, CA 2 $ 296,000 $ 148,000 $ 0
Greeley, CO 2 $ 354,000 $ 177,000 $ 0
Greenville, SC 2 $ 381,000 $ 190,500 $ 0
Lakeland, FL 2 $ 159,000 $ 79,500 $ 0
Lancaster, PA 2 $ 262,000 $ 131,000 $ 0
Lynchburg, VA 2 $ 345,000 $ 172,500 $ 0
Napa, CA 2 $ 1,013,000 $ 506,500 $ 0
New Haven-Milford, CT 2 $ 702,000 $ 351,000 $ 0
Ogden-Clearfield, UT 2 $ 363,000 $ 181,500 $ 0
Peoria, IL 2 $ 295,000 $ 147,500 $ 0
Rockford, IL 2 $ 272,000 $ 136,000 $ 0
San Luis Obispo-Paso Robles, CA 2 $ 664,000 $ 332,000 $ 0
South Bend-Mishawaka, IN-MI 2 $ 245,000 $ 122,500 $ 0
Tuscaloosa, AL 2 $ 235,000 $ 117,500 $ 0
Washington-Arlington-Alexandria, DC-VA-MD-WV 2 $ 221,000 $ 110,500 $ 0
Wilmington, DE-MD-NJ 2 $ 61,000 $ 30,500 $ 0
Allentown-Bethlehem-Easton, PA-NJ 1 $ 162,000 $ 162,000 $ 0
Ann Arbor, MI 1 $ 684,000 $ 684,000 $ 0
Athens-Clarke County, GA 1 $ 129,000 $ 129,000 $ 0
Auburn-Opelika, AL 1 $ 106,000 $ 106,000 $ 0
Bay City, MI 1 $ 89,000 $ 89,000 $ 0
Bend, OR 1 $ 175,000 $ 175,000 $ 0
Cheyenne, WY 1 $ 99,000 $ 99,000 $ 0
Clarksville, TN-KY 1 $ 93,000 $ 93,000 $ 0
Cleveland, TN 1 $ 91,000 $ 91,000 $ 0
Columbia, SC 1 $ 312,000 $ 312,000 $ 0
Corpus Christi, TX 1 $ 125,000 $ 125,000 $ 0
Dayton, OH 1 $ 106,000 $ 106,000 $ 0
Des Moines, IA 1 $ 880,000 $ 880,000 $ 0
Erie, PA 1 $ 77,000 $ 77,000 $ 0
Essex County, MA 1 $ 529,000 $ 529,000 $ 0
Eugene-Springfield, OR 1 $ 279,000 $ 279,000 $ 0
Farmington, NM 1 $ 495,000 $ 495,000 $ 0
Flagstaff, AZ 1 $ 104,000 $ 104,000 $ 0
Fort Walton Beach-Crestview-Destin, FL 1 $ 500,000 $ 500,000 $ 0
Fort Wayne, IN 1 $ 165,000 $ 165,000 $ 0
Gary, IN 1 $ 325,000 $ 325,000 $ 0
Grand Rapids-Wyoming, MI 1 $ 75,000 $ 75,000 $ 0
Gulfport-Biloxi, MS 1 $ 393,000 $ 393,000 $ 0
Hartford-West Hartford-East Hartford, CT 1 $ 150,000 $ 150,000 $ 0
Hickory-Lenoir-Morganton, NC 1 $ 77,000 $ 77,000 $ 0
Houma-Bayou Cane-Thibodaux, LA 1 $ 125,000 $ 125,000 $ 0
Iowa City, IA 1 $ 127,000 $ 127,000 $ 0
Knoxville, TN 1 $ 498,000 $ 498,000 $ 0
Merced, CA 1 $ 148,000 $ 148,000 $ 0
Modesto, CA 1 $ 228,000 $ 228,000 $ 0
Ocean City, NJ 1 $ 55,000 $ 55,000 $ 0
Omaha-Council Bluffs, NE-IA 1 $ 81,000 $ 81,000 $ 0
Palm Bay-Melbourne-Titusville, FL 1 $ 448,000 $ 448,000 $ 0
Panama City-Lynn Haven, FL 1 $ 190,000 $ 190,000 $ 0
Pensacola-Ferry Pass-Brent, FL 1 $ 107,000 $ 107,000 $ 0
Portland-South Portland-Biddeford, ME 1 $ 137,000 $ 137,000 $ 0
Poughkeepsie-Newburgh-Middletown, NY 1 $ 160,000 $ 160,000 $ 0
Providence-New Bedford-Fall River, RI-MA 1 $ 200,000 $ 200,000 $ 0
Provo-Orem, UT 1 $ 127,000 $ 127,000 $ 0
Pueblo, CO 1 $ 156,000 $ 156,000 $ 0
Punta Gorda, FL 1 $ 256,000 $ 256,000 $ 0
Rapid City, SD 1 $ 112,000 $ 112,000 $ 0
Reading, PA 1 $ 279,000 $ 279,000 $ 0
Rochester, NY 1 $ 210,000 $ 210,000 $ 0
Rocky Mount, NC 1 $ 163,000 $ 163,000 $ 0
Salem, OR 1 $ 117,000 $ 117,000 $ 0
Salisbury, MD 1 $ 155,000 $ 155,000 $ 0
Santa Barbara-Santa Maria-Goleta, CA 1 $ 328,000 $ 328,000 $ 0
Santa Fe, NM 1 $ 474,000 $ 474,000 $ 0
Sioux Falls, SD 1 $ 184,000 $ 184,000 $ 0
Spartanburg, SC 1 $ 252,000 $ 252,000 $ 0
St. Cloud, MN 1 $ 159,000 $ 159,000 $ 0
St. George, UT 1 $ 255,000 $ 255,000 $ 0
Syracuse, NY 1 $ 71,000 $ 71,000 $ 0
Tyler, TX 1 $ 118,000 $ 118,000 $ 0
Visalia-Porterville, CA 1 $ 188,000 $ 188,000 $ 0
Wenatchee, WA 1 $ 452,000 $ 452,000 $ 0
Wichita Falls, TX 1 $ 2,000,000 $ 2,000,000 $ 0
Yuba City, CA 1 $ 256,000 $ 256,000 $ 0

Mortgage Loan Application Detail Totals for United Western Bank in 2004

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 1,121 $363,850,000 $323,904 $5,450,000 $666 $127,000
Home Purchase 768 $246,908,000 $310,078 $4,490,000 $1,052 $148,000
Home Improvement 8 $1,093,000 $351,000 $550,000 $6,000 $39,000

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
Not applicable 1,831 $573,372,000 $281,500 $5,450,000 $22 $126,000
White 43 $27,640,000 $1,053,888 $3,200,000 $4,777 $148,000
Hispanic 18 $4,316,000 $914,333 $2,213,000 $14,333 $65,000
Not Provided 3 $5,503,000 $1,711,500 $2,160,000 $0 $0
Asian 1 $760,000 $760,000 $760,000 $0 $0
Black or African American 1 $260,000 $260,000 $260,000 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 1,891 $611,206,000 $290,318 $5,450,000 $704 $148,000
FHA-insured (Federal Housing Administration) 6 $645,000 $122,750 $200,000 $8,750 $40,000
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 Purchased By The Institution 1,787 $519,614,000 $252,340 $1,713,000 $22 $126,000
Loan Originated 82 $72,945,000 $1,110,714 $5,450,000 $2,928 $148,000
Application Denied By Financial Institution 16 $11,476,000 $913,000 $2,000,000 $7,600 $127,000
Application Withdrawn By Applicant 10 $7,753,000 $866,000 $1,800,000 $3,428 $40,000
File Closed For Incompleteness 1 $48,000 $48,000 $48,000 $50,000 $50,000
Application Approved But Not Accepted 1 $15,000 $15,000 $15,000 $12,000 $12,000
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 6 $5,527,000 $609,666 $2,000,000 $12,333 $127,000
Collateral 4 $4,040,000 $1,046,666 $1,520,000 $0 $0
Credit History 4 $36,000 $9,000 $20,000 $23,000 $39,000
Debt-To-Income Ratio 1 $1,811,000 $1,811,000 $1,811,000 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 1 $62,000 $62,000 $62,000 $15,000 $15,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into United Western Bank's 2004 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 Western 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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