Advancial Federal Credit Union Mortgage Lending & HMDA Data, 2009

In 2009, Advancial Federal Credit Union of Dallas, TX reported 1,488 mortgage applications totaling $379.7 million, up 120% from 2008. The average application was for $255,165, and applicants reported an average income of $150,617. 18% of its applications resulted in an originated loan and 24% were denied. Its largest markets were Dallas-Plano-Irving, TX (267), Houston-Sugar Land-Baytown, TX (154) and Lafayette, LA (101) (applications in parentheses).

Mortgage Company & Address Advancial Federal Credit Union
1845 Woodall Rodgers Fwy, Suite 1300
Dallas, TX 75231
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 1,488
Total Mortgage Loan Application Amount $379,686,000
Average Mortgage Loan Application Amount $255,165
Highest Mortgage Loan Application Amount $1,980,000
Average Applicant Income $150,617
Highest Applicant Income $1,577,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Advancial Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Advancial Federal Credit Union by County in 2009

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Dallas, Texas 254 $ 68,655,000 $ 270,295 $ 146,000
Harris, Texas 189 $ 44,528,000 $ 235,597 $ 156,000
Lafayette, Louisiana 177 $ 22,486,000 $ 127,039 $ 81,000
Collin, Texas 136 $ 28,407,000 $ 208,875 $ 140,000
Anchorage, Alaska 69 $ 17,950,000 $ 260,144 $ 149,000
Tarrant, Texas 48 $ 15,781,000 $ 328,770 $ 167,000
Denton, Texas 40 $ 12,029,000 $ 300,725 $ 164,000
Fort Bend, Texas 38 $ 7,114,000 $ 187,210 $ 132,000
Kaufman, Texas 23 $ 3,200,000 $ 139,130 $ 86,000
St. Martin, Louisiana 20 $ 1,773,000 $ 88,650 $ 75,000
Iberia, Louisiana 17 $ 2,090,000 $ 122,941 $ 97,000
Travis, Texas 17 $ 7,926,000 $ 466,235 $ 263,000
St. Landry, Louisiana 14 $ 1,353,000 $ 96,642 $ 77,000
Acadia, Louisiana 13 $ 1,472,000 $ 113,230 $ 88,000
Denver, Colorado 12 $ 2,893,000 $ 241,083 $ 116,000
Montgomery, Texas 12 $ 2,999,000 $ 249,916 $ 135,000
Los Angeles, California 11 $ 5,336,000 $ 485,090 $ 162,000
Vermilion, Louisiana 10 $ 1,250,000 $ 125,000 $ 82,000
Ellis, Texas 9 $ 3,112,000 $ 345,777 $ 137,000
Galveston, Texas 8 $ 1,333,000 $ 166,625 $ 128,000
Cook, Illinois 7 $ 3,604,000 $ 514,857 $ 237,000
Rockwall, Texas 7 $ 2,075,000 $ 296,428 $ 151,000
Matanuska-Susitna, Alaska 6 $ 1,412,000 $ 235,333 $ 97,000
Arapahoe, Colorado 6 $ 1,344,000 $ 224,000 $ 83,000
Bexar, Texas 6 $ 4,866,000 $ 811,000 $ 796,000
Henderson, Texas 6 $ 1,150,000 $ 191,666 $ 205,000
Summit, Utah 6 $ 4,380,000 $ 730,000 $ 512,000
Maricopa, Arizona 5 $ 519,000 $ 103,800 $ 199,000
San Diego, California 5 $ 3,141,000 $ 628,200 $ 524,000
Clark, Nevada 5 $ 1,858,000 $ 371,600 $ 180,000
Westchester, New York 5 $ 3,326,000 $ 665,200 $ 443,000
King, Washington 5 $ 1,795,000 $ 359,000 $ 121,000
Orange, California 4 $ 2,232,000 $ 558,000 $ 219,000
Jefferson, Colorado 4 $ 912,000 $ 228,000 $ 134,000
Middlesex, Massachusetts 4 $ 2,923,000 $ 730,750 $ 341,000
Oakland, Michigan 4 $ 4,239,000 $ 1,059,750 $ 483,000
Brazoria, Texas 4 $ 605,000 $ 151,250 $ 126,000
Smith, Texas 4 $ 1,347,000 $ 336,750 $ 244,000
Van Zandt, Texas 4 $ 561,000 $ 140,250 $ 62,000
Waller, Texas 4 $ 1,331,000 $ 332,750 $ 161,000
Campbell, Wyoming 4 $ 704,000 $ 176,000 $ 96,000
Fresno, California 3 $ 2,402,000 $ 800,666 $ 740,000
Boulder, Colorado 3 $ 576,000 $ 192,000 $ 77,000
DuPage, Illinois 3 $ 1,753,000 $ 584,333 $ 218,000
Flathead, Montana 3 $ 839,000 $ 279,666 $ 216,000
Hudson, New Jersey 3 $ 1,634,000 $ 544,666 $ 221,000
New York, New York 3 $ 2,651,000 $ 883,666 $ 343,000
Oklahoma, Oklahoma 3 $ 504,000 $ 168,000 $ 89,000
Hood, Texas 3 $ 1,246,000 $ 415,333 $ 151,000
Wood, Texas 3 $ 524,000 $ 174,666 $ 129,000
Pima, Arizona 2 $ 362,000 $ 181,000 $ 111,000
Yavapai, Arizona 2 $ 280,000 $ 140,000 $ 76,000
Riverside, California 2 $ 662,000 $ 331,000 $ 75,000
Sacramento, California 2 $ 538,000 $ 269,000 $ 149,000
Adams, Colorado 2 $ 357,000 $ 178,500 $ 78,000
Eagle, Colorado 2 $ 1,400,000 $ 700,000 $ 295,000
El Paso, Colorado 2 $ 550,000 $ 275,000 $ 195,000
Larimer, Colorado 2 $ 664,000 $ 332,000 $ 164,000
Summit, Colorado 2 $ 379,000 $ 189,500 $ 215,000
Collier, Florida 2 $ 1,103,000 $ 551,500 $ 547,000
Miami-Dade, Florida 2 $ 767,000 $ 383,500 $ 140,000
Pinellas, Florida 2 $ 235,000 $ 117,500 $ 123,000
DeKalb, Georgia 2 $ 376,000 $ 188,000 $ 125,000
Fulton, Georgia 2 $ 775,000 $ 387,500 $ 53,000
Honolulu, Hawaii 2 $ 642,000 $ 321,000 $ 125,000
Calcasieu, Louisiana 2 $ 301,000 $ 150,500 $ 82,000
Evangeline, Louisiana 2 $ 470,000 $ 235,000 $ 133,000
Jefferson Davis, Louisiana 2 $ 143,000 $ 71,500 $ 53,000
Orleans, Louisiana 2 $ 503,000 $ 251,500 $ 204,000
St. Mary, Louisiana 2 $ 236,000 $ 118,000 $ 105,000
Prince George's, Maryland 2 $ 1,900,000 $ 950,000 $ 143,000
Essex, Massachusetts 2 $ 1,135,000 $ 567,500 $ 183,000
Berrien, Michigan 2 $ 284,000 $ 142,000 $ 262,000
Washtenaw, Michigan 2 $ 1,081,000 $ 540,500 $ 366,000
Pike, Mississippi 2 $ 205,000 $ 102,500 $ 77,000
Barry, Missouri 2 $ 351,000 $ 175,500 $ 93,000
Santa Fe, New Mexico 2 $ 660,000 $ 330,000 $ 91,000
Tulsa, Oklahoma 2 $ 977,000 $ 488,500 $ 148,000
Austin, Texas 2 $ 346,000 $ 173,000 $ 156,000
Brazos, Texas 2 $ 243,000 $ 121,500 $ 143,000
Burnet, Texas 2 $ 602,000 $ 301,000 $ 203,000
Hidalgo, Texas 2 $ 9,000 $ 4,500 $ 30,000
Hunt, Texas 2 $ 54,000 $ 27,000 $ 13,000
Jefferson, Texas 2 $ 155,000 $ 77,500 $ 81,000
Kendall, Texas 2 $ 2,588,000 $ 1,294,000 $ 691,000
Nueces, Texas 2 $ 850,000 $ 425,000 $ 146,000
Parker, Texas 2 $ 322,000 $ 161,000 $ 78,000
Randall, Texas 2 $ 346,000 $ 173,000 $ 206,000
Loudoun, Virginia 2 $ 570,000 $ 285,000 $ 162,000
Prince William, Virginia 2 $ 1,055,000 $ 527,500 $ 165,000
Mobile, Alabama 1 $ 130,000 $ 130,000 $ 199,000
Kenai Peninsula, Alaska 1 $ 172,000 $ 172,000 $ 125,000
Mohave, Arizona 1 $ 1,160,000 $ 1,160,000 $ 750,000
Amador, California 1 $ 212,000 $ 212,000 $ 180,000
Placer, California 1 $ 500,000 $ 500,000 $ 600,000
San Mateo, California 1 $ 800,000 $ 800,000 $ 288,000
Santa Barbara, California 1 $ 1,750,000 $ 1,750,000 $ 900,000
Santa Clara, California 1 $ 100,000 $ 100,000 $ 180,000
Clear Creek, Colorado 1 $ 164,000 $ 164,000 $ 59,000
Douglas, Colorado 1 $ 1,343,000 $ 1,343,000 $ 564,000
La Plata, Colorado 1 $ 110,000 $ 110,000 $ 940,000
Pueblo, Colorado 1 $ 4,000 $ 4,000 $ 210,000
Fairfield, Connecticut 1 $ 1,295,000 $ 1,295,000 $ 750,000
Alachua, Florida 1 $ 175,000 $ 175,000 $ 103,000
Broward, Florida 1 $ 107,000 $ 107,000 $ 48,000
Escambia, Florida 1 $ 128,000 $ 128,000 $ 117,000
Hillsborough, Florida 1 $ 120,000 $ 120,000 $ 127,000
Lee, Florida 1 $ 114,000 $ 114,000 $ 232,000
Okaloosa, Florida 1 $ 216,000 $ 216,000 $ 185,000
Orange, Florida 1 $ 500,000 $ 500,000 $ 120,000
Walton, Florida 1 $ 255,000 $ 255,000 $ 50,000
Gwinnett, Georgia 1 $ 86,000 $ 86,000 $ 68,000
Polk, Georgia 1 $ 78,000 $ 78,000 $ 71,000
Rock Island, Illinois 1 $ 85,000 $ 85,000 $ 60,000
Ascension, Louisiana 1 $ 9,000 $ 9,000 $ 38,000
East Baton Rouge, Louisiana 1 $ 751,000 $ 751,000 $ 203,000
Jefferson, Louisiana 1 $ 87,000 $ 87,000 $ 42,000
St. Charles, Louisiana 1 $ 83,000 $ 83,000 $ 145,000
Knox, Maine 1 $ 1,980,000 $ 1,980,000 $ 480,000
Montgomery, Maryland 1 $ 960,000 $ 960,000 $ 240,000
Barnstable, Massachusetts 1 $ 1,360,000 $ 1,360,000 $ 504,000
Plymouth, Massachusetts 1 $ 310,000 $ 310,000 $ 110,000
Midland, Michigan 1 $ 252,000 $ 252,000 $ 139,000
Wayne, Michigan 1 $ 134,000 $ 134,000 $ 142,000
Dakota, Minnesota 1 $ 212,000 $ 212,000 $ 56,000
Ramsey, Minnesota 1 $ 162,000 $ 162,000 $ 120,000
Lander, Nevada 1 $ 72,000 $ 72,000 $ 53,000
Nye, Nevada 1 $ 7,000 $ 7,000 $ 94,000
Washoe, Nevada 1 $ 158,000 $ 158,000 $ 150,000
Rockingham, New Hampshire 1 $ 291,000 $ 291,000 $ 221,000
Burlington, New Jersey 1 $ 229,000 $ 229,000 $ 212,000
Middlesex, New Jersey 1 $ 613,000 $ 613,000 $ 238,000
Morris, New Jersey 1 $ 100,000 $ 100,000 $ 210,000
Passaic, New Jersey 1 $ 375,000 $ 375,000 $ 100,000
Bernalillo, New Mexico 1 $ 139,000 $ 139,000 $ 138,000
Kings, New York 1 $ 473,000 $ 473,000 $ 144,000
Washington, New York 1 $ 50,000 $ 50,000 $ 22,000
Delaware, Ohio 1 $ 100,000 $ 100,000 $ 67,000
Clackamas, Oregon 1 $ 100,000 $ 100,000 $ 58,000
Chester, Pennsylvania 1 $ 100,000 $ 100,000 $ 43,000
Washington, Pennsylvania 1 $ 100,000 $ 100,000 $ 75,000
Lexington, South Carolina 1 $ 250,000 $ 250,000 $ 240,000
Richland, South Carolina 1 $ 163,000 $ 163,000 $ 121,000
Fall River, South Dakota 1 $ 11,000 $ 11,000 $ 60,000
Monroe, Tennessee 1 $ 925,000 $ 925,000 $ 600,000
Williamson, Tennessee 1 $ 250,000 $ 250,000 $ 93,000
Bastrop, Texas 1 $ 112,000 $ 112,000 $ 190,000
Bosque, Texas 1 $ 325,000 $ 325,000 $ 143,000
Brown, Texas 1 $ 120,000 $ 120,000 $ 157,000
Burleson, Texas 1 $ 8,000 $ 8,000 $ 70,000
Cameron, Texas 1 $ 1,120,000 $ 1,120,000 $ 534,000
Comal, Texas 1 $ 120,000 $ 120,000 $ 156,000
Cooke, Texas 1 $ 124,000 $ 124,000 $ 290,000
Crane, Texas 1 $ 7,000 $ 7,000 $ 51,000
Crosby, Texas 1 $ 108,000 $ 108,000 $ 74,000
El Paso, Texas 1 $ 108,000 $ 108,000 $ 54,000
Fayette, Texas 1 $ 64,000 $ 64,000 $ 48,000
Grayson, Texas 1 $ 417,000 $ 417,000 $ 102,000
Gregg, Texas 1 $ 140,000 $ 140,000 $ 40,000
Johnson, Texas 1 $ 144,000 $ 144,000 $ 81,000
Knox, Texas 1 $ 84,000 $ 84,000 $ 67,000
Llano, Texas 1 $ 1,855,000 $ 1,855,000 $ 1,030,000
McLennan, Texas 1 $ 137,000 $ 137,000 $ 50,000
Midland, Texas 1 $ 102,000 $ 102,000 $ 38,000
Navarro, Texas 1 $ 81,000 $ 81,000 $ 42,000
Ochiltree, Texas 1 $ 55,000 $ 55,000 $ 35,000
Polk, Texas 1 $ 161,000 $ 161,000 $ 272,000
Stephens, Texas 1 $ 5,000 $ 5,000 $ 101,000
Wharton, Texas 1 $ 60,000 $ 60,000 $ 57,000
Salt Lake, Utah 1 $ 417,000 $ 417,000 $ 86,000
Arlington, Virginia 1 $ 145,000 $ 145,000 $ 65,000
Clark, Washington 1 $ 580,000 $ 580,000 $ 200,000
Island, Washington 1 $ 305,000 $ 305,000 $ 72,000
Kitsap, Washington 1 $ 330,000 $ 330,000 $ 134,000
Pierce, Washington 1 $ 301,000 $ 301,000 $ 110,000
Spokane, Washington 1 $ 224,000 $ 224,000 $ 128,000
Stevens, Washington 1 $ 5,000 $ 5,000 $ 183,000
Whatcom, Washington 1 $ 194,000 $ 194,000 $ 60,000
Putnam, West Virginia 1 $ 117,000 $ 117,000 $ 85,000
Weston, Wyoming 1 $ 283,000 $ 283,000 $ 139,000

Mortgage Loan Application Detail Totals for Advancial Federal Credit Union in 2009

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
Home Purchase 749 $182,149,000 $243,000 $1,980,000 $136,000 $1,200,000
Refinancing 669 $196,779,000 $294,000 $1,980,000 $175,000 $1,577,000
Home Improvement 70 $758,000 $10,000 $96,000 $74,000 $210,000

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 801 $213,460,000 $266,000 $1,980,000 $160,000 $1,577,000
Not Provided 487 $126,840,000 $260,000 $1,980,000 $156,000 $1,187,000
Hispanic 76 $15,044,000 $197,000 $1,425,000 $108,000 $598,000
Black or African American 72 $12,437,000 $172,000 $1,280,000 $82,000 $386,000
Asian 38 $7,573,000 $199,000 $568,000 $121,000 $332,000
American Indian or Alaskan Native 11 $3,489,000 $317,000 $985,000 $138,000 $355,000
Native Hawaiian or Other Pacific Islander 3 $843,000 $281,000 $399,000 $149,000 $192,000
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) 1,392 $367,002,000 $263,000 $1,980,000 $157,000 $1,577,000
FHA-insured (Federal Housing Administration) 95 $12,564,000 $132,000 $334,000 $58,000 $144,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $120,000 $120,000 $120,000 $54,000 $54,000
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
Application Withdrawn By Applicant 781 $205,926,000 $263,000 $1,980,000 $155,000 $1,200,000
Application Denied By Financial Institution 355 $83,128,000 $234,000 $1,980,000 $125,000 $1,577,000
Loan Originated 270 $71,163,000 $263,000 $1,855,000 $178,000 $1,450,000
File Closed For Incompleteness 78 $17,369,000 $222,000 $1,127,000 $124,000 $732,000
Application Approved But Not Accepted 4 $2,100,000 $525,000 $1,407,000 $301,000 $775,000
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
Credit History 22 $3,042,000 $138,000 $355,000 $80,000 $250,000
Mortgage Insurance Denied 10 $2,708,000 $270,000 $798,000 $149,000 $425,000
Debt-To-Income Ratio 7 $1,052,000 $150,000 $233,000 $48,000 $78,000
Other 2 $1,450,000 $725,000 $1,000,000 $534,000 $965,000
Collateral 1 $148,000 $148,000 $148,000 $55,000 $55,000
Employment History 1 $1,280,000 $1,280,000 $1,280,000 $386,000 $386,000
Insufficient Cash (Downpayment, Closing Cost) 1 $185,000 $185,000 $185,000 $70,000 $70,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Advancial Federal Credit Union's 2009 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 Advancial 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.
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