Aerospace Federal Credit Union Mortgage Lending & HMDA Data, 2013

In 2013, Aerospace Federal Credit Union of Los Angeles, CA reported 381 mortgage applications totaling $105.2 million, down 37% from 2012. The average application was for $276,091, and applicants reported an average income of $155,511. 67% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (211), Santa Ana-Anaheim-Irvine, CA (35) and Washington-Arlington-Alexandria, DC-VA-MD-WV (25) (applications in parentheses).

Mortgage Company & Address Aerospace Federal Credit Union

Los Angeles, CA 90009
Tel #: available with data download
Federal Regulator * available with data download
Years 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 381
Total Mortgage Loan Application Amount $105,191,000
Average Mortgage Loan Application Amount $276,091
Highest Mortgage Loan Application Amount $999,000
Average Applicant Income $155,511
Highest Applicant Income $558,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Aerospace Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Aerospace Federal Credit Union by County in 2013

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles, California 211 $ 63,776,000 $ 302,255 $ 156,000
Orange, California 35 $ 10,509,000 $ 300,257 $ 169,000
Riverside, California 12 $ 2,368,000 $ 197,333 $ 150,000
El Paso, Colorado 12 $ 2,633,000 $ 219,416 $ 137,000
Fairfax, Virginia 12 $ 3,025,000 $ 252,083 $ 212,000
San Bernardino, California 9 $ 2,221,000 $ 246,777 $ 99,000
Loudoun, Virginia 8 $ 2,164,000 $ 270,500 $ 154,000
Ventura, California 7 $ 1,975,000 $ 282,142 $ 177,000
San Diego, California 6 $ 1,631,000 $ 271,833 $ 142,000
Bernalillo, New Mexico 6 $ 1,642,000 $ 273,666 $ 142,000
Clark, Nevada 5 $ 712,000 $ 142,400 $ 104,000
Santa Barbara, California 3 $ 884,000 $ 294,666 $ 129,000
Santa Clara, California 3 $ 959,000 $ 319,666 $ 196,000
Johnson, Kansas 3 $ 602,000 $ 200,666 $ 105,000
Alameda, California 2 $ 349,000 $ 174,500 $ 105,000
Arapahoe, Colorado 2 $ 430,000 $ 215,000 $ 292,000
Calloway, Kentucky 2 $ 194,000 $ 97,000 $ 21,000
Washoe, Nevada 2 $ 394,000 $ 197,000 $ 103,000
Bexar, Texas 2 $ 160,000 $ 80,000 $ 63,000
Travis, Texas 2 $ 299,000 $ 149,500 $ 182,000
Alexandria, Virginia 2 $ 600,000 $ 300,000 $ 270,000
Maricopa, Arizona 1 $ 285,000 $ 285,000 $ 194,000
El Dorado, California 1 $ 286,000 $ 286,000 $ 193,000
Fresno, California 1 $ 164,000 $ 164,000 $ 75,000
Mendocino, California 1 $ 280,000 $ 280,000 $ 65,000
Mono, California 1 $ 160,000 $ 160,000 $ 92,000
Sacramento, California 1 $ 240,000 $ 240,000 $ 154,000
San Francisco, California 1 $ 175,000 $ 175,000 $ 135,000
San Luis Obispo, California 1 $ 203,000 $ 203,000 $ 143,000
San Mateo, California 1 $ 221,000 $ 221,000 $ 231,000
Boulder, Colorado 1 $ 395,000 $ 395,000 $ 154,000
Douglas, Colorado 1 $ 250,000 $ 250,000 $ 158,000
La Plata, Colorado 1 $ 300,000 $ 300,000 $ 74,000
Teller, Colorado 1 $ 365,000 $ 365,000 $ 156,000
Alachua, Florida 1 $ 165,000 $ 165,000 $ 46,000
Brevard, Florida 1 $ 72,000 $ 72,000 $ 130,000
Hillsborough, Florida 1 $ 256,000 $ 256,000 $ 92,000
Honolulu, Hawaii 1 $ 200,000 $ 200,000 $ 193,000
Kauai, Hawaii 1 $ 192,000 $ 192,000 $ 265,000
Jefferson, Kentucky 1 $ 212,000 $ 212,000 $ 123,000
Montgomery, Maryland 1 $ 240,000 $ 240,000 $ 201,000
Suffolk, Massachusetts 1 $ 208,000 $ 208,000 $ 70,000
Sandoval, New Mexico 1 $ 167,000 $ 167,000 $ 100,000
Livingston, New York 1 $ 320,000 $ 320,000 $ 195,000
Multnomah, Oregon 1 $ 230,000 $ 230,000 $ 278,000
Pickens, South Carolina 1 $ 110,000 $ 110,000 $ 270,000
Bradley, Tennessee 1 $ 78,000 $ 78,000 $ 220,000
Davidson, Tennessee 1 $ 24,000 $ 24,000 $ 62,000
Brazos, Texas 1 $ 150,000 $ 150,000 $ 267,000
Harris, Texas 1 $ 235,000 $ 235,000 $ 138,000
Morgan, Utah 1 $ 55,000 $ 55,000 $ 157,000
Clarke, Virginia 1 $ 98,000 $ 98,000 $ 165,000
Falls Church, Virginia 1 $ 373,000 $ 373,000 $ 230,000
Prince William, Virginia 1 $ 415,000 $ 415,000 $ 304,000
Benton, Washington 1 $ 176,000 $ 176,000 $ 103,000
Kitsap, Washington 1 $ 364,000 $ 364,000 $ 150,000

Mortgage Loan Application Detail Totals for Aerospace Federal Credit Union in 2013

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 281 $81,170,000 $288,000 $690,000 $152,000 $476,000
Home Purchase 66 $21,126,000 $320,000 $999,000 $163,000 $558,000
Home Improvement 34 $2,895,000 $85,000 $200,000 $170,000 $346,000

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 155 $41,269,000 $266,000 $999,000 $161,000 $558,000
Not Provided 94 $26,883,000 $285,000 $625,000 $163,000 $476,000
Asian 72 $22,309,000 $309,000 $995,000 $171,000 $406,000
Black or African American 29 $6,436,000 $221,000 $491,000 $107,000 $210,000
Hispanic 24 $5,860,000 $244,000 $405,000 $101,000 $321,000
American Indian or Alaskan Native 5 $1,829,000 $365,000 $581,000 $195,000 $320,000
Native Hawaiian or Other Pacific Islander 2 $605,000 $302,000 $337,000 $121,000 $132,000
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) 381 $105,191,000 $276,000 $999,000 $156,000 $558,000
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 255 $69,890,000 $274,000 $999,000 $160,000 $558,000
Application Approved But Not Accepted 98 $27,897,000 $284,000 $995,000 $150,000 $476,000
Application Denied By Financial Institution 15 $3,676,000 $245,000 $460,000 $118,000 $270,000
Application Withdrawn By Applicant 13 $3,728,000 $286,000 $670,000 $151,000 $294,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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 8 $1,429,000 $178,000 $357,000 $133,000 $270,000
Credit History 5 $1,829,000 $365,000 $460,000 $102,000 $136,000
Debt-To-Income Ratio 2 $418,000 $209,000 $393,000 $98,000 $122,000
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
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Aerospace Federal Credit Union's 2013 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 Aerospace 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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