First Technology Federal Credit Union Mortgage Lending & HMDA Data, 2003

In 2003, First Technology Federal Credit Union of Hillsboro, OR reported 2,352 mortgage applications totaling $437.4 million. The average application was for $185,973, and applicants reported an average income of $98,754. 78% of its applications resulted in an originated loan and 5% were denied. Its largest markets were San Jose, CA (349), Fort Collins-Loveland, CO (286) and Sacramento, CA (209) (applications in parentheses).

Mortgage Company & Address First Technology Federal Credit Union

Hillsboro, OR 97124
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 2,352
Total Mortgage Loan Application Amount $437,409,000
Average Mortgage Loan Application Amount $185,973
Highest Mortgage Loan Application Amount $600,000
Average Applicant Income $98,754
Highest Applicant Income $3,234,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First Technology Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 First Technology Federal Credit Union by County in 2003

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Santa Clara, California 349 $ 96,807,000 $ 277,383 $ 109,000
Larimer, Colorado 286 $ 43,152,000 $ 150,881 $ 87,000
Placer, California 144 $ 27,472,000 $ 190,777 $ 102,000
Sonoma, California 144 $ 31,892,000 $ 221,472 $ 89,000
Ada, Idaho 132 $ 16,892,000 $ 127,969 $ 107,000
El Paso, Colorado 122 $ 17,094,000 $ 140,114 $ 79,000
Benton, Oregon 105 $ 15,054,000 $ 143,371 $ 105,000
Clark, Washington 103 $ 15,947,000 $ 154,825 $ 94,000
San Diego, California 98 $ 22,763,000 $ 232,275 $ 105,000
San Mateo, California 59 $ 18,392,000 $ 311,728 $ 131,000
Sacramento, California 53 $ 8,531,000 $ 160,962 $ 73,000
Weld, Colorado 43 $ 6,294,000 $ 146,372 $ 98,000
Alameda, California 38 $ 10,743,000 $ 282,710 $ 101,000
Middlesex, Massachusetts 37 $ 4,967,000 $ 134,243 $ 94,000
Linn, Oregon 34 $ 3,813,000 $ 112,147 $ 59,000
Essex, Massachusetts 29 $ 4,412,000 $ 152,137 $ 99,000
Cobb, Georgia 26 $ 3,796,000 $ 146,000 $ 83,000
Rockingham, New Hampshire 22 $ 2,933,000 $ 133,318 $ 77,000
New Castle, Delaware 21 $ 2,934,000 $ 139,714 $ 73,000
Broward, Florida 21 $ 5,266,000 $ 250,761 $ 120,000
Santa Cruz, California 18 $ 4,392,000 $ 244,000 $ 389,000
Multnomah, Oregon 17 $ 3,077,000 $ 181,000 $ 93,000
Spokane, Washington 17 $ 1,665,000 $ 97,941 $ 78,000
Fulton, Georgia 15 $ 1,593,000 $ 106,200 $ 96,000
Miami-Dade, Florida 13 $ 2,890,000 $ 222,307 $ 78,000
Chester, Pennsylvania 13 $ 2,311,000 $ 177,769 $ 172,000
El Dorado, California 12 $ 2,873,000 $ 239,416 $ 153,000
Boulder, Colorado 12 $ 1,932,000 $ 161,000 $ 94,000
Douglas, Colorado 12 $ 2,177,000 $ 181,416 $ 93,000
Polk, Oregon 12 $ 1,533,000 $ 127,750 $ 106,000
Contra Costa, California 9 $ 2,414,000 $ 268,222 $ 123,000
Gwinnett, Georgia 9 $ 1,264,000 $ 140,444 $ 80,000
Canyon, Idaho 9 $ 1,051,000 $ 116,777 $ 67,000
Frederick, Maryland 9 $ 1,357,000 $ 150,777 $ 90,000
Hillsborough, New Hampshire 9 $ 940,000 $ 104,444 $ 102,000
Los Angeles, California 8 $ 1,695,000 $ 211,875 $ 103,000
San Francisco, California 8 $ 3,234,000 $ 404,250 $ 103,000
DeKalb, Georgia 8 $ 1,287,000 $ 160,875 $ 75,000
Marion, Oregon 8 $ 813,000 $ 101,625 $ 100,000
Nevada, California 7 $ 1,237,000 $ 176,714 $ 71,000
Teller, Colorado 7 $ 767,000 $ 109,571 $ 52,000
Montgomery, Maryland 7 $ 1,395,000 $ 199,285 $ 98,000
Riverside, California 6 $ 981,000 $ 163,500 $ 69,000
Morris, New Jersey 6 $ 1,012,000 $ 168,666 $ 75,000
Washington, Oregon 6 $ 1,102,000 $ 183,666 $ 96,000
King, Washington 6 $ 1,214,000 $ 202,333 $ 73,000
Snohomish, Washington 5 $ 541,000 $ 108,200 $ 89,000
Calaveras, California 4 $ 457,000 $ 114,250 $ 91,000
San Bernardino, California 4 $ 754,000 $ 188,500 $ 104,000
San Joaquin, California 4 $ 466,000 $ 116,500 $ 83,000
San Luis Obispo, California 4 $ 971,000 $ 242,750 $ 100,000
Arapahoe, Colorado 4 $ 257,000 $ 64,250 $ 57,000
Denver, Colorado 4 $ 831,000 $ 207,750 $ 81,000
Forsyth, Georgia 4 $ 613,000 $ 153,250 $ 107,000
Merrimack, New Hampshire 4 $ 633,000 $ 158,250 $ 83,000
Clackamas, Oregon 4 $ 661,000 $ 165,250 $ 92,000
Fairfax, Virginia 4 $ 479,000 $ 119,750 $ 99,000
Monterey, California 3 $ 646,000 $ 215,333 $ 68,000
Orange, California 3 $ 835,000 $ 278,333 $ 122,000
Stanislaus, California 3 $ 456,000 $ 152,000 $ 119,000
Sutter, California 3 $ 312,000 $ 104,000 $ 73,000
Cherokee, Georgia 3 $ 281,000 $ 93,666 $ 92,000
Valley, Idaho 3 $ 200,000 $ 66,666 $ 132,000
Anne Arundel, Maryland 3 $ 446,000 $ 148,666 $ 115,000
Baltimore, Maryland 3 $ 167,000 $ 55,666 $ 49,000
Plymouth, Massachusetts 3 $ 283,000 $ 94,333 $ 95,000
Bergen, New Jersey 3 $ 742,000 $ 247,333 $ 78,000
Middlesex, New Jersey 3 $ 409,000 $ 136,333 $ 86,000
Sussex, New Jersey 3 $ 404,000 $ 134,666 $ 62,000
Westchester, New York 3 $ 750,000 $ 250,000 $ 189,000
Deschutes, Oregon 3 $ 1,186,000 $ 395,333 $ 128,000
Montgomery, Pennsylvania 3 $ 494,000 $ 164,666 $ 473,000
Pike, Pennsylvania 3 $ 402,000 $ 134,000 $ 66,000
Fresno, California 2 $ 319,000 $ 159,500 $ 69,000
Marin, California 2 $ 657,000 $ 328,500 $ 125,000
Napa, California 2 $ 508,000 $ 254,000 $ 108,000
San Benito, California 2 $ 670,000 $ 335,000 $ 149,000
Yuba, California 2 $ 330,000 $ 165,000 $ 114,000
Adams, Colorado 2 $ 111,000 $ 55,500 $ 77,000
Elbert, Colorado 2 $ 263,000 $ 131,500 $ 91,000
Brevard, Florida 2 $ 228,000 $ 114,000 $ 97,000
Osceola, Florida 2 $ 106,000 $ 53,000 $ 92,000
Palm Beach, Florida 2 $ 235,000 $ 117,500 $ 44,000
Clayton, Georgia 2 $ 319,000 $ 159,500 $ 47,000
Paulding, Georgia 2 $ 243,000 $ 121,500 $ 131,000
Bannock, Idaho 2 $ 74,000 $ 37,000 $ 50,000
Cecil, Maryland 2 $ 237,000 $ 118,500 $ 91,000
Norfolk, Massachusetts 2 $ 265,000 $ 132,500 $ 69,000
Suffolk, Massachusetts 2 $ 465,000 $ 232,500 $ 81,000
Worcester, Massachusetts 2 $ 151,000 $ 75,500 $ 92,000
Burlington, New Jersey 2 $ 507,000 $ 253,500 $ 124,000
Monroe, New York 2 $ 120,000 $ 60,000 $ 66,000
Jackson, Oregon 2 $ 442,000 $ 221,000 $ 114,000
Aguada, Puerto Rico 2 $ 11,000 $ 5,500 $ 32,000
Aguadilla, Puerto Rico 2 $ 10,000 $ 5,000 $ 26,000
Chesterfield, Virginia 2 $ 267,000 $ 133,500 $ 47,000
Loudoun, Virginia 2 $ 663,000 $ 331,500 $ 134,000
Maricopa, Arizona 1 $ 5,000 $ 5,000 $ 48,000
Butte, California 1 $ 42,000 $ 42,000 $ 80,000
Humboldt, California 1 $ 100,000 $ 100,000 $ 18,000
Kern, California 1 $ 128,000 $ 128,000 $ 81,000
Lake, California 1 $ 97,000 $ 97,000 $ 43,000
Madera, California 1 $ 15,000 $ 15,000 $ 89,000
Santa Barbara, California 1 $ 46,000 $ 46,000 $ 137,000
Shasta, California 1 $ 260,000 $ 260,000 $ 27,000
Solano, California 1 $ 155,000 $ 155,000 $ 0
Tehama, California 1 $ 139,000 $ 139,000 $ 40,000
Tulare, California 1 $ 220,000 $ 220,000 $ 0
Tuolumne, California 1 $ 260,000 $ 260,000 $ 80,000
Ventura, California 1 $ 285,000 $ 285,000 $ 119,000
Custer, Colorado 1 $ 76,000 $ 76,000 $ 92,000
Fremont, Colorado 1 $ 119,000 $ 119,000 $ 15,000
Grand, Colorado 1 $ 125,000 $ 125,000 $ 0
Moffat, Colorado 1 $ 113,000 $ 113,000 $ 66,000
Park, Colorado 1 $ 71,000 $ 71,000 $ 34,000
Pueblo, Colorado 1 $ 300,000 $ 300,000 $ 78,000
Routt, Colorado 1 $ 403,000 $ 403,000 $ 71,000
Fairfield, Connecticut 1 $ 377,000 $ 377,000 $ 135,000
Sussex, Delaware 1 $ 125,000 $ 125,000 $ 45,000
District of Columbia, District Of Columbia 1 $ 180,000 $ 180,000 $ 48,000
Hillsborough, Florida 1 $ 136,000 $ 136,000 $ 55,000
Indian River, Florida 1 $ 72,000 $ 72,000 $ 125,000
Orange, Florida 1 $ 86,000 $ 86,000 $ 50,000
Seminole, Florida 1 $ 239,000 $ 239,000 $ 65,000
Bartow, Georgia 1 $ 206,000 $ 206,000 $ 99,000
Carroll, Georgia 1 $ 103,000 $ 103,000 $ 36,000
Hart, Georgia 1 $ 64,000 $ 64,000 $ 89,000
Henry, Georgia 1 $ 25,000 $ 25,000 $ 72,000
White, Georgia 1 $ 158,000 $ 158,000 $ 120,000
Boise, Idaho 1 $ 91,000 $ 91,000 $ 89,000
Gem, Idaho 1 $ 120,000 $ 120,000 $ 154,000
Kootenai, Idaho 1 $ 40,000 $ 40,000 $ 75,000
Kendall, Illinois 1 $ 7,000 $ 7,000 $ 70,000
Knox, Maine 1 $ 82,000 $ 82,000 $ 60,000
Penobscot, Maine 1 $ 93,000 $ 93,000 $ 81,000
York, Maine 1 $ 385,000 $ 385,000 $ 158,000
Harford, Maryland 1 $ 332,000 $ 332,000 $ 131,000
Howard, Maryland 1 $ 63,000 $ 63,000 $ 100,000
Worcester, Maryland 1 $ 71,000 $ 71,000 $ 0
Bristol, Massachusetts 1 $ 210,000 $ 210,000 $ 123,000
Belknap, New Hampshire 1 $ 68,000 $ 68,000 $ 46,000
Carroll, New Hampshire 1 $ 200,000 $ 200,000 $ 82,000
Strafford, New Hampshire 1 $ 316,000 $ 316,000 $ 146,000
Camden, New Jersey 1 $ 15,000 $ 15,000 $ 56,000
Essex, New Jersey 1 $ 154,000 $ 154,000 $ 77,000
Gloucester, New Jersey 1 $ 126,000 $ 126,000 $ 44,000
Hudson, New Jersey 1 $ 213,000 $ 213,000 $ 76,000
Passaic, New Jersey 1 $ 35,000 $ 35,000 $ 24,000
Somerset, New Jersey 1 $ 180,000 $ 180,000 $ 125,000
Kings, New York 1 $ 47,000 $ 47,000 $ 80,000
Orange, New York 1 $ 36,000 $ 36,000 $ 73,000
Suffolk, New York 1 $ 100,000 $ 100,000 $ 103,000
Curry, Oregon 1 $ 148,000 $ 148,000 $ 140,000
Hood River, Oregon 1 $ 136,000 $ 136,000 $ 86,000
Jefferson, Oregon 1 $ 100,000 $ 100,000 $ 52,000
Josephine, Oregon 1 $ 20,000 $ 20,000 $ 37,000
Klamath, Oregon 1 $ 44,000 $ 44,000 $ 87,000
Lane, Oregon 1 $ 114,000 $ 114,000 $ 157,000
Yamhill, Oregon 1 $ 76,000 $ 76,000 $ 95,000
Allegheny, Pennsylvania 1 $ 224,000 $ 224,000 $ 132,000
Berks, Pennsylvania 1 $ 145,000 $ 145,000 $ 114,000
Bucks, Pennsylvania 1 $ 110,000 $ 110,000 $ 117,000
Delaware, Pennsylvania 1 $ 115,000 $ 115,000 $ 78,000
Anasco, Puerto Rico 1 $ 8,000 $ 8,000 $ 32,000
Arecibo, Puerto Rico 1 $ 10,000 $ 10,000 $ 134,000
Cabo Rojo, Puerto Rico 1 $ 3,000 $ 3,000 $ 30,000
Mayaguez, Puerto Rico 1 $ 10,000 $ 10,000 $ 62,000
Moca, Puerto Rico 1 $ 2,000 $ 2,000 $ 25,000
Sabana Grande, Puerto Rico 1 $ 6,000 $ 6,000 $ 24,000
Harris, Texas 1 $ 10,000 $ 10,000 $ 98,000
Albemarle, Virginia 1 $ 119,000 $ 119,000 $ 71,000
Prince William, Virginia 1 $ 121,000 $ 121,000 $ 52,000
Benton, Washington 1 $ 73,000 $ 73,000 $ 72,000
Douglas, Washington 1 $ 133,000 $ 133,000 $ 80,000
Grant, Washington 1 $ 12,000 $ 12,000 $ 72,000
Kitsap, Washington 1 $ 250,000 $ 250,000 $ 105,000
Lincoln, Washington 1 $ 220,000 $ 220,000 $ 123,000
Skagit, Washington 1 $ 50,000 $ 50,000 $ 74,000
Thurston, Washington 1 $ 199,000 $ 199,000 $ 65,000

Mortgage Loan Application Detail Totals for First Technology Federal Credit Union in 2003

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 (home purchase or home improvement, one-to-four family) 2,143 $392,789,000 $169,777 $600,000 $93,000 $3,234,000
Home Purchase (one-to-four family) 176 $44,321,000 $223,928 $600,000 $109,214 $388,000
Home Improvement (one-to-four family) 33 $299,000 $8,625 $23,000 $82,250 $150,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 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 1,460 $261,898,000 $166,705 $600,000 $95,470 $1,860,000
Information not provided by applicant in mail or telephone application 487 $89,692,000 $117,200 $600,000 $85,733 $3,234,000
Hispanic 160 $32,976,000 $170,400 $600,000 $82,800 $305,000
Asian or Pacific Islander 150 $34,604,000 $152,916 $576,000 $83,916 $263,000
Black 68 $12,462,000 $162,000 $497,000 $101,727 $215,000
Other 18 $4,202,000 $170,200 $595,000 $68,600 $168,000
American Indian or Alaskan Native 9 $1,575,000 $209,500 $462,000 $82,500 $150,000
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) 2,352 $437,409,000 $141,090 $600,000 $89,000 $3,234,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
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 1,840 $340,779,000 $144,954 $600,000 $93,045 $3,234,000
Application Withdrawn By Applicant 356 $69,901,000 $157,933 $600,000 $99,466 $1,860,000
Application Denied By Financial Institution 129 $21,927,000 $153,785 $600,000 $73,285 $302,000
File Closed For Incompleteness 24 $4,188,000 $172,000 $560,000 $102,375 $175,000
Application Approved But Not Accepted 3 $614,000 $204,666 $300,000 $117,333 $174,000
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
Debt-To-Income Ratio 2 $207,000 $103,000 $192,000 $42,000 $42,000
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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into First Technology Federal Credit Union's 2003 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 First Technology Federal Credit Union'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.
For a list of all lenders in Oregon, download the full spreadsheet with aggregated HMDA statistics today.

Download the Oregon Lender List