Allegacy Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Allegacy Federal Credit Union 2023 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 | Allegacy Federal Credit Union P O Box 26043 Winston-Salem, NC 27114 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 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 | 3,088 |
| Total Mortgage Loan Application Amount | $460,290,000 |
| Average Mortgage Loan Application Amount | $183,600 |
| Highest Mortgage Loan Application Amount | $3,415,000 |
| Average Applicant Income | $147,000 |
| Highest Applicant Income | $7,166,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 with Allegacy Federal 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 Allegacy Federal Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2023 breaks down Allegacy Federal 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 Allegacy Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Allegacy Federal 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 Allegacy Federal Credit Union's mortgage activity for 2023.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Forsyth County North Carolina | 1,033 | $ 128,045,000 | $ 123,000 | $ 108,000 |
| Mecklenburg County North Carolina | 257 | $ 57,005,000 | $ 221,000 | $ 231,000 |
| Guilford County North Carolina | 227 | $ 30,455,000 | $ 134,000 | $ 136,000 |
| Davidson County North Carolina | 189 | $ 20,315,000 | $ 107,000 | $ 109,000 |
| Stokes County North Carolina | 169 | $ 15,935,000 | $ 94,000 | $ 81,000 |
| Davie County North Carolina | 152 | $ 19,690,000 | $ 129,000 | $ 116,000 |
| Surry County North Carolina | 94 | $ 13,130,000 | $ 139,000 | $ 102,000 |
| Yadkin County North Carolina | 85 | $ 8,335,000 | $ 98,000 | $ 98,000 |
| Wake County North Carolina | 61 | $ 13,415,000 | $ 219,000 | $ 217,000 |
| Iredell County North Carolina | 59 | $ 10,865,000 | $ 184,000 | $ 133,000 |
| Union County North Carolina | 49 | $ 12,235,000 | $ 249,000 | $ 362,000 |
| Cabarrus County North Carolina | 33 | $ 5,775,000 | $ 175,000 | $ 136,000 |
| Randolph County North Carolina | 32 | $ 3,090,000 | $ 96,000 | $ 85,000 |
| Rowan County North Carolina | 22 | $ 2,650,000 | $ 120,000 | $ 112,000 |
| Lancaster County South Carolina | 20 | $ 8,640,000 | $ 432,000 | $ 214,000 |
| York County South Carolina | 20 | $ 3,770,000 | $ 188,000 | $ 192,000 |
| Cherokee County Georgia | 18 | $ 2,830,000 | $ 157,000 | $ 166,000 |
| DeKalb County Georgia | 17 | $ 2,985,000 | $ 175,000 | $ 330,000 |
| Lincoln County North Carolina | 16 | $ 6,880,000 | $ 430,000 | $ 188,000 |
| Cobb County Georgia | 15 | $ 2,125,000 | $ 141,000 | $ 203,000 |
| Fulton County Georgia | 15 | $ 3,225,000 | $ 215,000 | $ 239,000 |
| Brunswick County North Carolina | 15 | $ 3,995,000 | $ 266,000 | $ 200,000 |
| Chatham County North Carolina | 14 | $ 4,980,000 | $ 355,000 | $ 245,000 |
| Gaston County North Carolina | 14 | $ 1,900,000 | $ 135,000 | $ 121,000 |
| Catawba County North Carolina | 13 | $ 2,315,000 | $ 178,000 | $ 223,000 |
| New Hanover County North Carolina | 13 | $ 2,415,000 | $ 185,000 | $ 254,000 |
| Rockingham County North Carolina | 12 | $ 1,290,000 | $ 107,000 | $ 87,000 |
| Horry County South Carolina | 11 | $ 1,235,000 | $ 112,000 | $ 134,000 |
| Gwinnett County Georgia | 10 | $ 800,000 | $ 80,000 | $ 97,000 |
| Charleston County South Carolina | 10 | $ 2,910,000 | $ 291,000 | $ 289,000 |
| Alamance County North Carolina | 9 | $ 1,835,000 | $ 203,000 | $ 111,000 |
| Johnston County North Carolina | 9 | $ 1,845,000 | $ 205,000 | $ 138,000 |
| Watauga County North Carolina | 9 | $ 1,775,000 | $ 197,000 | $ 174,000 |
| Forsyth County Georgia | 8 | $ 1,790,000 | $ 223,000 | $ 195,000 |
| Morris County New Jersey | 8 | $ 1,720,000 | $ 215,000 | $ 198,000 |
| Greenville County South Carolina | 8 | $ 1,740,000 | $ 217,000 | $ 138,000 |
| Nassau County New York | 7 | $ 1,205,000 | $ 172,000 | $ 208,000 |
| Carteret County North Carolina | 7 | $ 1,085,000 | $ 155,000 | $ 129,000 |
| Broward County Florida | 6 | $ 950,000 | $ 158,000 | $ 173,000 |
| Monmouth County New Jersey | 6 | $ 700,000 | $ 116,000 | $ 196,000 |
| Richland County South Carolina | 6 | $ 520,000 | $ 86,000 | $ 131,000 |
| Bergen County New Jersey | 5 | $ 745,000 | $ 149,000 | $ 639,000 |
| Suffolk County New York | 5 | $ 605,000 | $ 121,000 | $ 134,000 |
| Durham County North Carolina | 5 | $ 1,485,000 | $ 297,000 | $ 209,000 |
| Orange County North Carolina | 5 | $ 665,000 | $ 133,000 | $ 233,000 |
| Lexington County South Carolina | 5 | $ 295,000 | $ 59,000 | $ 69,000 |
| San Bernardino County California | 4 | $ 920,000 | $ 230,000 | $ 228,000 |
| Brevard County Florida | 4 | $ 1,080,000 | $ 270,000 | $ 211,000 |
| Sussex County New Jersey | 4 | $ 1,170,000 | $ 292,000 | $ 136,000 |
| Kings County New York | 4 | $ 820,000 | $ 205,000 | $ 195,000 |
| Ashe County North Carolina | 4 | $ 450,000 | $ 112,000 | $ 97,000 |
| Burke County North Carolina | 4 | $ 240,000 | $ 60,000 | $ 64,000 |
| Caldwell County North Carolina | 4 | $ 410,000 | $ 102,000 | $ 116,000 |
| Henderson County North Carolina | 4 | $ 1,290,000 | $ 322,000 | $ 170,000 |
| Moore County North Carolina | 4 | $ 610,000 | $ 152,000 | $ 135,000 |
| Pitt County North Carolina | 4 | $ 240,000 | $ 60,000 | $ 99,000 |
| Rutherford County North Carolina | 4 | $ 570,000 | $ 142,000 | $ 133,000 |
| Wayne County North Carolina | 4 | $ 310,000 | $ 77,000 | $ 92,000 |
| Carroll County Virginia | 4 | $ 310,000 | $ 77,000 | $ 95,000 |
| Chesterfield County Virginia | 4 | $ 740,000 | $ 185,000 | $ 231,000 |
| Henry County Virginia | 4 | $ 390,000 | $ 97,000 | $ 115,000 |
| Patrick County Virginia | 4 | $ 170,000 | $ 42,000 | $ 60,000 |
| Los Angeles County California | 3 | $ 795,000 | $ 265,000 | $ 223,000 |
| Riverside County California | 3 | $ 205,000 | $ 68,000 | $ 430,000 |
| Duval County Florida | 3 | $ 1,085,000 | $ 361,000 | $ 2,573,000 |
| Hillsborough County Florida | 3 | $ 985,000 | $ 328,000 | $ 120,000 |
| Pinellas County Florida | 3 | $ 775,000 | $ 258,000 | $ 126,000 |
| Polk County Florida | 3 | $ 305,000 | $ 101,000 | $ 62,000 |
| Walton County Florida | 3 | $ 195,000 | $ 65,000 | $ 191,000 |
| Bartow County Georgia | 3 | $ 325,000 | $ 108,000 | $ 86,000 |
| Jackson County Georgia | 3 | $ 455,000 | $ 151,000 | $ 169,000 |
| Newton County Georgia | 3 | $ 625,000 | $ 208,000 | $ 168,000 |
| Paulding County Georgia | 3 | $ 485,000 | $ 161,000 | $ 101,000 |
| Essex County New Jersey | 3 | $ 545,000 | $ 181,000 | $ 103,000 |
| Middlesex County New Jersey | 3 | $ 1,385,000 | $ 461,000 | $ 188,000 |
| Union County New Jersey | 3 | $ 365,000 | $ 121,000 | $ 121,000 |
| Richmond County New York | 3 | $ 885,000 | $ 295,000 | $ 181,000 |
| Buncombe County North Carolina | 3 | $ 865,000 | $ 288,000 | $ 178,000 |
| Onslow County North Carolina | 3 | $ 405,000 | $ 135,000 | $ 122,000 |
| Wilson County North Carolina | 3 | $ 215,000 | $ 71,000 | $ 77,000 |
| Chester County Pennsylvania | 3 | $ 105,000 | $ 35,000 | $ 131,000 |
| Beaufort County South Carolina | 3 | $ 555,000 | $ 185,000 | $ 151,000 |
| Fairfax County Virginia | 3 | $ 1,165,000 | $ 388,000 | $ 676,000 |
| Grayson County Virginia | 3 | $ 415,000 | $ 138,000 | $ 120,000 |
| Prince William County Virginia | 3 | $ 415,000 | $ 138,000 | $ 323,000 |
| New Castle County Delaware | 2 | $ 650,000 | $ 325,000 | $ 157,000 |
| District of Columbia County District Of Columbia | 2 | $ 380,000 | $ 190,000 | $ 220,000 |
| Lee County Florida | 2 | $ 490,000 | $ 245,000 | $ 130,000 |
| Miami-Dade County Florida | 2 | $ 410,000 | $ 205,000 | $ 219,000 |
| Orange County Florida | 2 | $ 220,000 | $ 110,000 | $ 106,000 |
| Pasco County Florida | 2 | $ 280,000 | $ 140,000 | $ 160,000 |
| Sarasota County Florida | 2 | $ 120,000 | $ 60,000 | $ 157,000 |
| Catoosa County Georgia | 2 | $ 100,000 | $ 50,000 | $ 67,000 |
| Chatham County Georgia | 2 | $ 560,000 | $ 280,000 | $ 187,000 |
| Columbia County Georgia | 2 | $ 430,000 | $ 215,000 | $ 254,000 |
| Madison County Georgia | 2 | $ 30,000 | $ 15,000 | $ 92,000 |
| Pickens County Georgia | 2 | $ 340,000 | $ 170,000 | $ 254,000 |
| Lake County Indiana | 2 | $ 180,000 | $ 90,000 | $ 44,000 |
| Baltimore City County Maryland | 2 | $ 240,000 | $ 120,000 | $ 168,000 |
| Montgomery County Maryland | 2 | $ 630,000 | $ 315,000 | $ 183,000 |
| Burlington County New Jersey | 2 | $ 330,000 | $ 165,000 | $ 114,000 |
| Camden County New Jersey | 2 | $ 170,000 | $ 85,000 | $ 295,000 |
| Hunterdon County New Jersey | 2 | $ 210,000 | $ 105,000 | $ 94,000 |
| Queens County New York | 2 | $ 110,000 | $ 55,000 | $ 88,000 |
| Alexander County North Carolina | 2 | $ 330,000 | $ 165,000 | $ 182,000 |
| Beaufort County North Carolina | 2 | $ 370,000 | $ 185,000 | $ 130,000 |
| Cleveland County North Carolina | 2 | $ 490,000 | $ 245,000 | $ 230,000 |
| Craven County North Carolina | 2 | $ 90,000 | $ 45,000 | $ 73,000 |
| Harnett County North Carolina | 2 | $ 210,000 | $ 105,000 | $ 145,000 |
| Wilkes County North Carolina | 2 | $ 380,000 | $ 190,000 | $ 88,000 |
| Bucks County Pennsylvania | 2 | $ 120,000 | $ 60,000 | $ 99,000 |
| Luzerne County Pennsylvania | 2 | $ 210,000 | $ 105,000 | $ 126,000 |
| Montgomery County Pennsylvania | 2 | $ 200,000 | $ 100,000 | $ 188,000 |
| Northampton County Pennsylvania | 2 | $ 460,000 | $ 230,000 | $ 181,000 |
| Chester County South Carolina | 2 | $ 100,000 | $ 50,000 | $ 68,000 |
| Darlington County South Carolina | 2 | $ 100,000 | $ 50,000 | $ 61,000 |
| Georgetown County South Carolina | 2 | $ 690,000 | $ 345,000 | $ 186,000 |
| Spartanburg County South Carolina | 2 | $ 110,000 | $ 55,000 | $ 114,000 |
| Bedford County Virginia | 2 | $ 750,000 | $ 375,000 | $ 216,000 |
| Chesapeake County Virginia | 2 | $ 1,270,000 | $ 635,000 | $ 156,000 |
| Henrico County Virginia | 2 | $ 630,000 | $ 315,000 | $ 315,000 |
| Berkeley County West Virginia | 2 | $ 300,000 | $ 150,000 | $ 151,000 |
| Shelby County Alabama | 1 | $ 105,000 | $ 105,000 | $ 90,000 |
| Alameda County California | 1 | $ 535,000 | $ 535,000 | $ 159,000 |
| Sacramento County California | 1 | $ 85,000 | $ 85,000 | $ 113,000 |
| El Paso County Colorado | 1 | $ 105,000 | $ 105,000 | $ 85,000 |
| Jefferson County Colorado | 1 | $ 45,000 | $ 45,000 | $ 335,000 |
| Fairfield County Connecticut | 1 | $ 105,000 | $ 105,000 | $ 650,000 |
| Hartford County Connecticut | 1 | $ 275,000 | $ 275,000 | $ 186,000 |
| New Haven County Connecticut | 1 | $ 105,000 | $ 105,000 | $ 166,000 |
| New London County Connecticut | 1 | $ 35,000 | $ 35,000 | $ 192,000 |
| Bay County Florida | 1 | $ 105,000 | $ 105,000 | $ 167,000 |
| Collier County Florida | 1 | $ 75,000 | $ 75,000 | $ 123,000 |
| Escambia County Florida | 1 | $ 295,000 | $ 295,000 | $ 110,000 |
| Gadsden County Florida | 1 | $ 105,000 | $ 105,000 | $ 93,000 |
| Holmes County Florida | 1 | $ 125,000 | $ 125,000 | $ 187,000 |
| Lake County Florida | 1 | $ 35,000 | $ 35,000 | $ 59,000 |
| Marion County Florida | 1 | $ 55,000 | $ 55,000 | $ 37,000 |
| Martin County Florida | 1 | $ 95,000 | $ 95,000 | $ 100,000 |
| Seminole County Florida | 1 | $ 355,000 | $ 355,000 | $ 462,000 |
| Sumter County Florida | 1 | $ 35,000 | $ 35,000 | $ 120,000 |
| Volusia County Florida | 1 | $ 475,000 | $ 475,000 | $ 437,000 |
| Barrow County Georgia | 1 | $ 85,000 | $ 85,000 | $ 105,000 |
| Clarke County Georgia | 1 | $ 75,000 | $ 75,000 | $ 5,908,000 |
| Douglas County Georgia | 1 | $ 55,000 | $ 55,000 | $ 80,000 |
| Floyd County Georgia | 1 | $ 35,000 | $ 35,000 | $ 110,000 |
| Hart County Georgia | 1 | $ 355,000 | $ 355,000 | $ 276,000 |
| Lumpkin County Georgia | 1 | $ 105,000 | $ 105,000 | $ 127,000 |
| Muscogee County Georgia | 1 | $ 105,000 | $ 105,000 | $ 127,000 |
| Oglethorpe County Georgia | 1 | $ 65,000 | $ 65,000 | $ 59,000 |
| Rabun County Georgia | 1 | $ 105,000 | $ 105,000 | $ 322,000 |
| Spalding County Georgia | 1 | $ 105,000 | $ 105,000 | $ 101,000 |
| Sumter County Georgia | 1 | $ 15,000 | $ 15,000 | $ 99,000 |
| Cook County Illinois | 1 | $ 85,000 | $ 85,000 | $ 105,000 |
| Cumberland County Maine | 1 | $ 355,000 | $ 355,000 | $ 137,000 |
| Carroll County Maryland | 1 | $ 85,000 | $ 85,000 | $ 97,000 |
| Howard County Maryland | 1 | $ 105,000 | $ 105,000 | $ 321,000 |
| Prince George's County Maryland | 1 | $ 355,000 | $ 355,000 | $ 110,000 |
| Talbot County Maryland | 1 | $ 75,000 | $ 75,000 | $ 177,000 |
| Passaic County New Jersey | 1 | $ 185,000 | $ 185,000 | $ 327,000 |
| Somerset County New Jersey | 1 | $ 415,000 | $ 415,000 | $ 105,000 |
| Erie County New York | 1 | $ 55,000 | $ 55,000 | $ 112,000 |
| Saratoga County New York | 1 | $ 175,000 | $ 175,000 | $ 270,000 |
| Westchester County New York | 1 | $ 275,000 | $ 275,000 | $ 494,000 |
| Alleghany County North Carolina | 1 | $ 175,000 | $ 175,000 | $ 18,000 |
| Camden County North Carolina | 1 | $ 395,000 | $ 395,000 | $ 109,000 |
| Caswell County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 115,000 |
| Columbus County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 36,000 |
| Cumberland County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 98,000 |
| Dare County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 359,000 |
| Duplin County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 91,000 |
| Franklin County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 59,000 |
| Hyde County North Carolina | 1 | $ 505,000 | $ 505,000 | $ 300,000 |
| Macon County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 180,000 |
| Pender County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 341,000 |
| Perquimans County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 67,000 |
| Stanly County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 58,000 |
| Warren County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 52,000 |
| Hamilton County Ohio | 1 | $ 45,000 | $ 45,000 | $ 53,000 |
| Lycoming County Pennsylvania | 1 | $ 35,000 | $ 35,000 | $ 57,000 |
| Philadelphia County Pennsylvania | 1 | $ 15,000 | $ 15,000 | $ 78,000 |
| Pike County Pennsylvania | 1 | $ 35,000 | $ 35,000 | $ 110,000 |
| Washington County Pennsylvania | 1 | $ 75,000 | $ 75,000 | $ 121,000 |
| Berkeley County South Carolina | 1 | $ 635,000 | $ 635,000 | $ 0 |
| Jasper County South Carolina | 1 | $ 105,000 | $ 105,000 | $ 114,000 |
| Pickens County South Carolina | 1 | $ 135,000 | $ 135,000 | $ 234,000 |
| Williamsburg County South Carolina | 1 | $ 85,000 | $ 85,000 | $ 97,000 |
| Loudon County Tennessee | 1 | $ 355,000 | $ 355,000 | $ 500,000 |
| Williamson County Tennessee | 1 | $ 105,000 | $ 105,000 | $ 182,000 |
| Collin County Texas | 1 | $ 105,000 | $ 105,000 | $ 58,000 |
| Harris County Texas | 1 | $ 15,000 | $ 15,000 | $ 48,000 |
| Tarrant County Texas | 1 | $ 305,000 | $ 305,000 | $ 177,000 |
| Williamson County Texas | 1 | $ 55,000 | $ 55,000 | $ 102,000 |
| Galax County Virginia | 1 | $ 35,000 | $ 35,000 | $ 62,000 |
| Goochland County Virginia | 1 | $ 285,000 | $ 285,000 | $ 302,000 |
| Greene County Virginia | 1 | $ 55,000 | $ 55,000 | $ 163,000 |
| Loudoun County Virginia | 1 | $ 565,000 | $ 565,000 | $ 212,000 |
| Middlesex County Virginia | 1 | $ 355,000 | $ 355,000 | $ 622,000 |
| Pulaski County Virginia | 1 | $ 305,000 | $ 305,000 | $ 97,000 |
| Stafford County Virginia | 1 | $ 195,000 | $ 195,000 | $ 145,000 |
Mortgage Loan Application Detail Totals for Allegacy Federal Credit Union in 2023
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 Improvement | 916 | $98,080,000 | $107,000 | $505,000 | $145,000 | $2,400,000 |
| Other Purpose | 877 | $82,665,000 | $94,000 | $505,000 | $129,000 | $7,166,000 |
| Refinancing | 726 | $111,380,000 | $153,000 | $705,000 | $139,000 | $2,088,000 |
| Home Purchase | 473 | $143,005,000 | $302,000 | $1,075,000 | $181,000 | $3,825,000 |
| Cash-out Refinancing | 96 | $25,160,000 | $262,000 | $3,415,000 | $141,000 | $1,228,000 |
| Not Applicable | 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 | 1,929 | $276,585,000 | $143,000 | $3,415,000 | $143,000 | $7,166,000 |
| Not Provided | 611 | $99,305,000 | $162,000 | $1,075,000 | $175,000 | $3,825,000 |
| Black or African American | 298 | $35,710,000 | $119,000 | $825,000 | $103,000 | $460,000 |
| Hispanic | 138 | $19,810,000 | $143,000 | $715,000 | $105,000 | $420,000 |
| Asian | 84 | $23,770,000 | $282,000 | $725,000 | $172,000 | $583,000 |
| American Indian or Alaskan Native | 10 | $1,150,000 | $115,000 | $525,000 | $89,000 | $204,000 |
| Not applicable | 8 | $2,450,000 | $306,000 | $705,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 4 | $740,000 | $185,000 | $255,000 | $185,000 | $425,000 |
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) | 3,086 | $459,600,000 | $148,000 | $3,415,000 | $144,000 | $7,166,000 |
| FHA-insured (Federal Housing Administration) | 2 | $690,000 | $345,000 | $475,000 | $80,000 | $99,000 |
| 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 | 1,768 | $271,290,000 | $153,000 | $1,075,000 | $148,000 | $1,569,000 |
| Application Denied By Financial Institution | 559 | $73,575,000 | $131,000 | $3,415,000 | $117,000 | $3,825,000 |
| Application Withdrawn By Applicant | 517 | $86,375,000 | $167,000 | $825,000 | $156,000 | $7,166,000 |
| File Closed For Incompleteness | 225 | $26,875,000 | $119,000 | $565,000 | $159,000 | $5,908,000 |
| Application Approved But Not Accepted | 19 | $2,175,000 | $114,000 | $465,000 | $132,000 | $889,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 2,529 | $386,715,000 | $152,000 | $1,075,000 | $150,000 | $7,166,000 |
| Debt-To-Income Ratio | 275 | $34,995,000 | $127,000 | $515,000 | $77,000 | $425,000 |
| Credit History | 108 | $10,140,000 | $93,000 | $505,000 | $90,000 | $460,000 |
| Other | 103 | $19,945,000 | $193,000 | $3,415,000 | $259,000 | $3,825,000 |
| Collateral | 51 | $5,425,000 | $106,000 | $535,000 | $114,000 | $581,000 |
| Unverifiable Information | 12 | $1,190,000 | $99,000 | $305,000 | $61,000 | $184,000 |
| Credit Application Incomplete | 6 | $1,340,000 | $223,000 | $425,000 | $112,000 | $285,000 |
| Employment History | 4 | $540,000 | $135,000 | $325,000 | $156,000 | $305,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Allegacy Federal Credit Union's 2023 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 Allegacy 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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with aggregated HMDA statistics today.