Affinity Federal Credit Union Mortgage Lending & HMDA Data, 2012

In 2012, Affinity Federal Credit Union of Basking Ridge, NJ reported 1,716 mortgage applications totaling $374.5 million, up 5% from 2011. The average application was for $218,215, and applicants reported an average income of $129,321. 69% of its applications resulted in an originated loan and 13% were denied. Its largest markets were Edison-New Brunswick, NJ (655), Newark-Union, NJ-PA (550) and New York-White Plains-Wayne, NY-NJ (113) (applications in parentheses).

Mortgage Company & Address Affinity Federal Credit Union
73 Mountainview Blvd.
Basking Ridge, NJ 07920
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 1,716
Total Mortgage Loan Application Amount $374,457,000
Average Mortgage Loan Application Amount $218,215
Highest Mortgage Loan Application Amount $2,160,000
Average Applicant Income $129,321
Highest Applicant Income $2,957,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Affinity Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Affinity Federal Credit Union by County in 2012

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Somerset, New Jersey 319 $ 61,730,000 $ 193,510 $ 134,000
Morris, New Jersey 219 $ 47,834,000 $ 218,420 $ 131,000
Middlesex, New Jersey 194 $ 37,450,000 $ 193,041 $ 113,000
Hunterdon, New Jersey 155 $ 34,736,000 $ 224,103 $ 136,000
Monmouth, New Jersey 90 $ 23,622,000 $ 262,466 $ 143,000
Union, New Jersey 79 $ 17,836,000 $ 225,772 $ 139,000
Essex, New Jersey 58 $ 14,608,000 $ 251,862 $ 125,000
Ocean, New Jersey 52 $ 14,400,000 $ 276,923 $ 177,000
Warren, New Jersey 49 $ 9,170,000 $ 187,142 $ 110,000
Bergen, New Jersey 42 $ 11,863,000 $ 282,452 $ 137,000
Sussex, New Jersey 36 $ 6,039,000 $ 167,750 $ 102,000
Northampton, Pennsylvania 32 $ 5,491,000 $ 171,593 $ 96,000
Passaic, New Jersey 29 $ 6,560,000 $ 226,206 $ 123,000
Hudson, New Jersey 20 $ 5,295,000 $ 264,750 $ 176,000
Mercer, New Jersey 20 $ 4,159,000 $ 207,950 $ 112,000
Bucks, Pennsylvania 18 $ 3,837,000 $ 213,166 $ 134,000
Burlington, New Jersey 12 $ 2,348,000 $ 195,666 $ 117,000
Nassau, New York 12 $ 2,553,000 $ 212,750 $ 168,000
Broward, Florida 11 $ 3,253,000 $ 295,727 $ 126,000
Wake, North Carolina 8 $ 1,771,000 $ 221,375 $ 143,000
Fulton, Georgia 7 $ 3,553,000 $ 507,571 $ 169,000
Richmond, New York 6 $ 1,133,000 $ 188,833 $ 95,000
New Castle, Delaware 5 $ 874,000 $ 174,800 $ 82,000
Monroe, Florida 5 $ 1,508,000 $ 301,600 $ 153,000
Cook, Illinois 5 $ 1,883,000 $ 376,600 $ 182,000
Westchester, New York 5 $ 1,916,000 $ 383,200 $ 142,000
Lehigh, Pennsylvania 5 $ 766,000 $ 153,200 $ 97,000
Lee, Florida 4 $ 705,000 $ 176,250 $ 121,000
Kings, New York 4 $ 581,000 $ 145,250 $ 149,000
Suffolk, New York 4 $ 1,014,000 $ 253,500 $ 115,000
Montgomery, Pennsylvania 4 $ 1,026,000 $ 256,500 $ 72,000
Alameda, California 3 $ 1,385,000 $ 461,666 $ 134,000
San Diego, California 3 $ 622,000 $ 207,333 $ 196,000
Santa Clara, California 3 $ 1,968,000 $ 656,000 $ 175,000
Fairfield, Connecticut 3 $ 442,000 $ 147,333 $ 278,000
Sussex, Delaware 3 $ 785,000 $ 261,666 $ 137,000
Miami-Dade, Florida 3 $ 595,000 $ 198,333 $ 104,000
Pinellas, Florida 3 $ 142,000 $ 47,333 $ 77,000
Sarasota, Florida 3 $ 339,000 $ 113,000 $ 104,000
Clayton, Georgia 3 $ 1,422,000 $ 474,000 $ 83,000
Gwinnett, Georgia 3 $ 461,000 $ 153,666 $ 78,000
Atlantic, New Jersey 3 $ 525,000 $ 175,000 $ 85,000
New York, New York 3 $ 420,000 $ 140,000 $ 107,000
Rockland, New York 3 $ 557,000 $ 185,666 $ 99,000
Guilford, North Carolina 3 $ 220,000 $ 73,333 $ 83,000
Mecklenburg, North Carolina 3 $ 270,000 $ 90,000 $ 101,000
Delaware, Pennsylvania 3 $ 240,000 $ 80,000 $ 110,000
Monroe, Pennsylvania 3 $ 368,000 $ 122,666 $ 92,000
Pike, Pennsylvania 3 $ 180,000 $ 60,000 $ 69,000
Harris, Texas 3 $ 457,000 $ 152,333 $ 89,000
Fairfax, Virginia 3 $ 1,192,000 $ 397,333 $ 169,000
Maricopa, Arizona 2 $ 330,000 $ 165,000 $ 58,000
Pima, Arizona 2 $ 76,000 $ 38,000 $ 81,000
Los Angeles, California 2 $ 567,000 $ 283,500 $ 54,000
Adams, Colorado 2 $ 687,000 $ 343,500 $ 255,000
Arapahoe, Colorado 2 $ 724,000 $ 362,000 $ 290,000
El Paso, Colorado 2 $ 489,000 $ 244,500 $ 245,000
District of Columbia, District Of Columbia 2 $ 510,000 $ 255,000 $ 131,000
Martin, Florida 2 $ 220,000 $ 110,000 $ 73,000
Orange, Florida 2 $ 184,000 $ 92,000 $ 56,000
Seminole, Florida 2 $ 282,000 $ 141,000 $ 57,000
Cobb, Georgia 2 $ 258,000 $ 129,000 $ 137,000
Hamilton, Indiana 2 $ 70,000 $ 35,000 $ 243,000
York, Maine 2 $ 3,872,000 $ 1,936,000 $ 211,000
Harford, Maryland 2 $ 60,000 $ 30,000 $ 134,000
Prince George's, Maryland 2 $ 534,000 $ 267,000 $ 115,000
Dakota, Minnesota 2 $ 434,000 $ 217,000 $ 87,000
Camden, New Jersey 2 $ 139,000 $ 69,500 $ 21,000
Santa Fe, New Mexico 2 $ 591,000 $ 295,500 $ 125,000
Erie, New York 2 $ 245,000 $ 122,500 $ 110,000
Brunswick, North Carolina 2 $ 710,000 $ 355,000 $ 94,000
Iredell, North Carolina 2 $ 751,000 $ 375,500 $ 203,000
Columbia, Pennsylvania 2 $ 260,000 $ 130,000 $ 79,000
Lackawanna, Pennsylvania 2 $ 130,000 $ 65,000 $ 32,000
Philadelphia, Pennsylvania 2 $ 277,000 $ 138,500 $ 81,000
Charleston, South Carolina 2 $ 720,000 $ 360,000 $ 96,000
Horry, South Carolina 2 $ 275,000 $ 137,500 $ 71,000
Loudoun, Virginia 2 $ 702,000 $ 351,000 $ 158,000
King, Washington 2 $ 980,000 $ 490,000 $ 132,000
Waukesha, Wisconsin 2 $ 1,227,000 $ 613,500 $ 242,000
Riverside, California 1 $ 415,000 $ 415,000 $ 90,000
Ventura, California 1 $ 50,000 $ 50,000 $ 185,000
Boulder, Colorado 1 $ 109,000 $ 109,000 $ 71,000
Denver, Colorado 1 $ 332,000 $ 332,000 $ 170,000
Douglas, Colorado 1 $ 187,000 $ 187,000 $ 152,000
Middlesex, Connecticut 1 $ 340,000 $ 340,000 $ 119,000
Brevard, Florida 1 $ 50,000 $ 50,000 $ 112,000
Collier, Florida 1 $ 10,000 $ 10,000 $ 63,000
Hillsborough, Florida 1 $ 166,000 $ 166,000 $ 110,000
Indian River, Florida 1 $ 270,000 $ 270,000 $ 197,000
Manatee, Florida 1 $ 255,000 $ 255,000 $ 113,000
Osceola, Florida 1 $ 197,000 $ 197,000 $ 16,000
Palm Beach, Florida 1 $ 1,520,000 $ 1,520,000 $ 766,000
Pasco, Florida 1 $ 90,000 $ 90,000 $ 48,000
Polk, Florida 1 $ 62,000 $ 62,000 $ 194,000
St. Johns, Florida 1 $ 130,000 $ 130,000 $ 78,000
St. Lucie, Florida 1 $ 20,000 $ 20,000 $ 35,000
Sumter, Florida 1 $ 95,000 $ 95,000 $ 89,000
DeKalb, Georgia 1 $ 220,000 $ 220,000 $ 170,000
Fayette, Georgia 1 $ 139,000 $ 139,000 $ 131,000
Forsyth, Georgia 1 $ 209,000 $ 209,000 $ 105,000
Henry, Georgia 1 $ 235,000 $ 235,000 $ 63,000
Wilkes, Georgia 1 $ 52,000 $ 52,000 $ 90,000
Honolulu, Hawaii 1 $ 540,000 $ 540,000 $ 127,000
Maui, Hawaii 1 $ 80,000 $ 80,000 $ 191,000
Kosciusko, Indiana 1 $ 155,000 $ 155,000 $ 66,000
Polk, Iowa 1 $ 12,000 $ 12,000 $ 46,000
Jefferson, Kentucky 1 $ 163,000 $ 163,000 $ 99,000
Anne Arundel, Maryland 1 $ 99,000 $ 99,000 $ 37,000
Baltimore City, Maryland 1 $ 204,000 $ 204,000 $ 126,000
Frederick, Maryland 1 $ 160,000 $ 160,000 $ 204,000
Howard, Maryland 1 $ 426,000 $ 426,000 $ 163,000
Kent, Maryland 1 $ 270,000 $ 270,000 $ 107,000
Barnstable, Massachusetts 1 $ 232,000 $ 232,000 $ 112,000
Essex, Massachusetts 1 $ 201,000 $ 201,000 $ 130,000
Middlesex, Massachusetts 1 $ 25,000 $ 25,000 $ 31,000
Calhoun, Michigan 1 $ 93,000 $ 93,000 $ 64,000
Chisago, Minnesota 1 $ 173,000 $ 173,000 $ 78,000
Cottonwood, Minnesota 1 $ 24,000 $ 24,000 $ 105,000
Ramsey, Minnesota 1 $ 100,000 $ 100,000 $ 108,000
St. Charles, Missouri 1 $ 161,000 $ 161,000 $ 55,000
St. Louis, Missouri 1 $ 55,000 $ 55,000 $ 96,000
Clark, Nevada 1 $ 215,000 $ 215,000 $ 54,000
Rockingham, New Hampshire 1 $ 575,000 $ 575,000 $ 178,000
Sullivan, New Hampshire 1 $ 87,000 $ 87,000 $ 112,000
Cape May, New Jersey 1 $ 50,000 $ 50,000 $ 51,000
Broome, New York 1 $ 55,000 $ 55,000 $ 41,000
Dutchess, New York 1 $ 175,000 $ 175,000 $ 75,000
Greene, New York 1 $ 80,000 $ 80,000 $ 212,000
Monroe, New York 1 $ 30,000 $ 30,000 $ 117,000
Orange, New York 1 $ 280,000 $ 280,000 $ 123,000
Otsego, New York 1 $ 140,000 $ 140,000 $ 253,000
Queens, New York 1 $ 120,000 $ 120,000 $ 113,000
Tioga, New York 1 $ 10,000 $ 10,000 $ 89,000
Warren, New York 1 $ 182,000 $ 182,000 $ 145,000
Chatham, North Carolina 1 $ 330,000 $ 330,000 $ 121,000
Johnston, North Carolina 1 $ 104,000 $ 104,000 $ 29,000
Union, North Carolina 1 $ 390,000 $ 390,000 $ 122,000
Franklin, Ohio 1 $ 117,000 $ 117,000 $ 35,000
Hamilton, Ohio 1 $ 25,000 $ 25,000 $ 181,000
Logan, Ohio 1 $ 67,000 $ 67,000 $ 40,000
Medina, Ohio 1 $ 224,000 $ 224,000 $ 111,000
Stark, Ohio 1 $ 82,000 $ 82,000 $ 50,000
Adams, Pennsylvania 1 $ 194,000 $ 194,000 $ 64,000
Berks, Pennsylvania 1 $ 100,000 $ 100,000 $ 79,000
Centre, Pennsylvania 1 $ 182,000 $ 182,000 $ 59,000
Cumberland, Pennsylvania 1 $ 240,000 $ 240,000 $ 95,000
Luzerne, Pennsylvania 1 $ 50,000 $ 50,000 $ 82,000
Mercer, Pennsylvania 1 $ 35,000 $ 35,000 $ 59,000
Tioga, Pennsylvania 1 $ 120,000 $ 120,000 $ 73,000
Washington, Pennsylvania 1 $ 240,000 $ 240,000 $ 152,000
Aiken, South Carolina 1 $ 20,000 $ 20,000 $ 27,000
Beaufort, South Carolina 1 $ 255,000 $ 255,000 $ 100,000
Greenville, South Carolina 1 $ 265,000 $ 265,000 $ 126,000
Gibson, Tennessee 1 $ 25,000 $ 25,000 $ 32,000
Greene, Tennessee 1 $ 109,000 $ 109,000 $ 74,000
Knox, Tennessee 1 $ 50,000 $ 50,000 $ 212,000
Loudon, Tennessee 1 $ 265,000 $ 265,000 $ 178,000
Bexar, Texas 1 $ 155,000 $ 155,000 $ 70,000
Fort Bend, Texas 1 $ 616,000 $ 616,000 $ 150,000
Tarrant, Texas 1 $ 143,000 $ 143,000 $ 66,000
Addison, Vermont 1 $ 242,000 $ 242,000 $ 68,000
Windsor, Vermont 1 $ 202,000 $ 202,000 $ 264,000
Greene, Virginia 1 $ 145,000 $ 145,000 $ 131,000
Roanoke, Virginia 1 $ 150,000 $ 150,000 $ 342,000
Staunton, Virginia 1 $ 53,000 $ 53,000 $ 57,000
Waynesboro, Virginia 1 $ 59,000 $ 59,000 $ 38,000
Clallam, Washington 1 $ 150,000 $ 150,000 $ 22,000
Kitsap, Washington 1 $ 320,000 $ 320,000 $ 115,000

Mortgage Loan Application Detail Totals for Affinity Federal Credit Union in 2012

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 1,207 $304,699,000 $252,000 $1,939,000 $129,000 $2,957,000
Home Improvement 322 $22,271,000 $69,000 $400,000 $122,000 $514,000
Home Purchase 187 $47,487,000 $253,000 $2,160,000 $144,000 $1,128,000

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 1,133 $242,725,000 $214,000 $2,160,000 $132,000 $2,957,000
Not Provided 246 $58,641,000 $238,000 $1,520,000 $137,000 $766,000
Black or African American 131 $27,562,000 $210,000 $794,000 $95,000 $431,000
Asian 124 $28,666,000 $231,000 $960,000 $142,000 $342,000
Hispanic 68 $14,187,000 $208,000 $499,000 $104,000 $500,000
American Indian or Alaskan Native 6 $1,061,000 $176,000 $400,000 $125,000 $193,000
Not applicable 6 $1,044,000 $174,000 $520,000 $0 $0
Native Hawaiian or Other Pacific Islander 2 $571,000 $285,000 $292,000 $209,000 $233,000

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) 1,716 $374,457,000 $218,000 $2,160,000 $129,000 $2,957,000
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 1,184 $262,009,000 $221,000 $2,160,000 $137,000 $2,957,000
Application Denied By Financial Institution 219 $46,944,000 $214,000 $815,000 $90,000 $341,000
Application Withdrawn By Applicant 134 $26,277,000 $196,000 $900,000 $130,000 $723,000
File Closed For Incompleteness 92 $19,555,000 $212,000 $1,450,000 $130,000 $480,000
Application Approved But Not Accepted 87 $19,672,000 $226,000 $950,000 $115,000 $375,000
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
Debt-To-Income Ratio 100 $21,805,000 $218,000 $782,000 $61,000 $245,000
Collateral 78 $17,841,000 $228,000 $661,000 $121,000 $341,000
Credit History 31 $5,078,000 $163,000 $612,000 $105,000 $300,000
Insufficient Cash (Downpayment, Closing Cost) 2 $713,000 $356,000 $648,000 $111,000 $189,000
Other 2 $37,000 $18,000 $25,000 $39,000 $46,000
Unverifiable Information 1 $166,000 $166,000 $166,000 $110,000 $110,000
Employment History 1 $37,000 $37,000 $37,000 $75,000 $75,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Affinity Federal Credit Union's 2012 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 Affinity 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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