Alabama Telco Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2003
Alabama Telco Credit Union 2003 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Alabama Telco Credit Union 1849 Data Drive Birmingham, AL 35244 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 639 |
| Total Mortgage Loan Application Amount | $65,848,000 |
| Average Mortgage Loan Application Amount | $102,555 |
| Highest Mortgage Loan Application Amount | $324,000 |
| Average Applicant Income | $58,666 |
| Highest Applicant Income | $240,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2003 with Alabama Telco Credit Union. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Alabama Telco Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2003 breaks down Alabama Telco Credit Union's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Alabama Telco Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Alabama Telco Credit Union, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Alabama Telco Credit Union's mortgage activity for 2003.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Jefferson County Alabama | 174 | $ 18,839,000 | $ 108,000 | $ 70,000 |
| Shelby County Alabama | 107 | $ 13,069,000 | $ 122,000 | $ 76,000 |
| Houston County Alabama | 102 | $ 9,149,000 | $ 89,000 | $ 61,000 |
| Geneva County Alabama | 18 | $ 1,098,000 | $ 61,000 | $ 34,000 |
| Mobile County Alabama | 15 | $ 1,235,000 | $ 82,000 | $ 53,000 |
| Montgomery County Alabama | 12 | $ 986,000 | $ 82,000 | $ 66,000 |
| Madison County Alabama | 10 | $ 679,000 | $ 67,000 | $ 67,000 |
| St. Clair County Alabama | 10 | $ 937,000 | $ 93,000 | $ 70,000 |
| Dale County Alabama | 9 | $ 865,000 | $ 96,000 | $ 70,000 |
| Blount County Alabama | 8 | $ 863,000 | $ 107,000 | $ 67,000 |
| Calhoun County Alabama | 7 | $ 358,000 | $ 51,000 | $ 64,000 |
| Coffee County Alabama | 5 | $ 624,000 | $ 124,000 | $ 87,000 |
| Morgan County Alabama | 5 | $ 499,000 | $ 99,000 | $ 54,000 |
| Talladega County Alabama | 5 | $ 372,000 | $ 74,000 | $ 42,000 |
| Tuscaloosa County Alabama | 5 | $ 718,000 | $ 143,000 | $ 73,000 |
| Henry County Alabama | 4 | $ 352,000 | $ 88,000 | $ 43,000 |
| Limestone County Alabama | 4 | $ 368,000 | $ 92,000 | $ 67,000 |
| Baldwin County Alabama | 3 | $ 419,000 | $ 139,000 | $ 69,000 |
| Chilton County Alabama | 3 | $ 290,000 | $ 96,000 | $ 61,000 |
| Elmore County Alabama | 3 | $ 239,000 | $ 79,000 | $ 66,000 |
| Etowah County Alabama | 3 | $ 282,000 | $ 94,000 | $ 51,000 |
| Marshall County Alabama | 3 | $ 307,000 | $ 102,000 | $ 58,000 |
| Autauga County Alabama | 2 | $ 206,000 | $ 103,000 | $ 57,000 |
| Cullman County Alabama | 2 | $ 139,000 | $ 69,000 | $ 61,000 |
| Lee County Alabama | 2 | $ 177,000 | $ 88,000 | $ 58,000 |
| Walker County Alabama | 2 | $ 171,000 | $ 85,000 | $ 69,000 |
| Lincoln County Tennessee | 2 | $ 188,000 | $ 94,000 | $ 52,000 |
| Bibb County Alabama | 1 | $ 75,000 | $ 75,000 | $ 60,000 |
| DeKalb County Alabama | 1 | $ 65,000 | $ 65,000 | $ 108,000 |
| Russell County Alabama | 1 | $ 99,000 | $ 99,000 | $ 71,000 |
| Bay County Florida | 1 | $ 140,000 | $ 140,000 | $ 46,000 |
| Orange County Florida | 1 | $ 70,000 | $ 70,000 | $ 115,000 |
| Pasco County Florida | 1 | $ 84,000 | $ 84,000 | $ 61,000 |
| Cobb County Georgia | 1 | $ 210,000 | $ 210,000 | $ 84,000 |
| Henry County Georgia | 1 | $ 75,000 | $ 75,000 | $ 44,000 |
| Wayne County Mississippi | 1 | $ 53,000 | $ 53,000 | $ 34,000 |
| Franklin County Tennessee | 1 | $ 45,000 | $ 45,000 | $ 58,000 |
Mortgage Loan Application Detail Totals for Alabama Telco 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) | 526 | $53,436,000 | $102,800 | $324,000 | $67,600 | $232,000 |
| Home Purchase (one-to-four family) | 113 | $12,412,000 | $102,250 | $254,000 | $47,500 | $240,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 0 | $0 | $0 | $0 | $0 | $0 |
| Home Improvement (one-to-four family) | 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 | 583 | $60,285,000 | $96,833 | $324,000 | $55,000 | $240,000 |
| Black | 48 | $4,906,000 | $117,500 | $254,000 | $84,500 | $176,000 |
| Information not provided by applicant in mail or telephone application | 5 | $390,000 | $65,500 | $109,000 | $54,000 | $68,000 |
| Hispanic | 1 | $139,000 | $139,000 | $139,000 | $102,000 | $102,000 |
| American Indian or Alaskan Native | 1 | $101,000 | $101,000 | $101,000 | $27,000 | $27,000 |
| Asian or Pacific Islander | 1 | $27,000 | $27,000 | $27,000 | $28,000 | $28,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 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) | 639 | $65,848,000 | $94,833 | $324,000 | $57,833 | $240,000 |
| 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 | 440 | $45,114,000 | $118,400 | $324,000 | $66,600 | $232,000 |
| Application Denied By Financial Institution | 102 | $9,859,000 | $95,000 | $250,000 | $57,333 | $176,000 |
| Application Withdrawn By Applicant | 97 | $10,875,000 | $85,200 | $250,000 | $48,000 | $240,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 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 | 41 | $3,597,000 | $87,000 | $234,000 | $50,000 | $133,000 |
| Credit Application Incomplete | 33 | $3,641,000 | $117,500 | $250,000 | $58,500 | $145,000 |
| Collateral | 11 | $883,000 | $75,500 | $135,000 | $84,500 | $115,000 |
| Debt-To-Income Ratio | 7 | $693,000 | $103,000 | $192,000 | $47,500 | $93,000 |
| Employment History | 7 | $813,000 | $103,000 | $160,000 | $42,000 | $176,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $127,000 | $63,000 | $87,000 | $46,000 | $54,000 |
| Other | 1 | $105,000 | $105,000 | $105,000 | $77,000 | $77,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Alabama Telco 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 Alabama Telco 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 Alabama, download the full spreadsheet
with aggregated HMDA statistics today.