Alliant Credit Union Mortgage Lending & HMDA Data, 2009

In 2009, Alliant Credit Union of Chicago, IL reported 1,687 mortgage applications totaling $812.4 million, up 68% from 2008. The average application was for $481,540, and applicants reported an average income of $201,522. 71% of its applications resulted in an originated loan and 15% were denied. Its largest markets were Chicago-Naperville-Joliet, IL (752), Lake County-Kenosha County, IL-WI (85) and Denver-Aurora-Broomfield, CO (76) (applications in parentheses).

Mortgage Company & Address Alliant Credit Union
11545 W Touhy
Chicago, IL 60666
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 1,687
Total Mortgage Loan Application Amount $812,359,000
Average Mortgage Loan Application Amount $481,540
Highest Mortgage Loan Application Amount $2,977,000
Average Applicant Income $201,522
Highest Applicant Income $9,055,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Alliant Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Alliant 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
Cook, Illinois 615 $ 321,868,000 $ 523,362 $ 227,000
DuPage, Illinois 87 $ 44,732,000 $ 514,160 $ 322,000
Lake, Illinois 82 $ 50,849,000 $ 620,109 $ 272,000
Los Angeles, California 49 $ 26,430,000 $ 539,387 $ 177,000
Santa Clara, California 46 $ 26,954,000 $ 585,956 $ 202,000
San Mateo, California 42 $ 21,011,000 $ 500,261 $ 150,000
King, Washington 33 $ 19,555,000 $ 592,575 $ 205,000
Alameda, California 32 $ 16,993,000 $ 531,031 $ 140,000
Kane, Illinois 24 $ 7,414,000 $ 308,916 $ 129,000
Orange, California 21 $ 11,656,000 $ 555,047 $ 163,000
San Diego, California 21 $ 12,553,000 $ 597,761 $ 212,000
Contra Costa, California 20 $ 7,574,000 $ 378,700 $ 128,000
Denver, Colorado 20 $ 6,957,000 $ 347,850 $ 178,000
Jefferson, Colorado 19 $ 8,515,000 $ 448,157 $ 130,000
San Francisco, California 16 $ 10,553,000 $ 659,562 $ 249,000
Arapahoe, Colorado 16 $ 2,397,000 $ 149,812 $ 77,000
Clark, Nevada 16 $ 7,495,000 $ 468,437 $ 189,000
Maricopa, Arizona 15 $ 3,662,000 $ 244,133 $ 93,000
Douglas, Colorado 14 $ 6,206,000 $ 443,285 $ 107,000
Marin, California 13 $ 11,631,000 $ 894,692 $ 377,000
Will, Illinois 13 $ 5,065,000 $ 389,615 $ 183,000
Fairfax, Virginia 13 $ 4,495,000 $ 345,769 $ 142,000
Loudoun, Virginia 12 $ 4,654,000 $ 387,833 $ 97,000
San Bernardino, California 10 $ 3,438,000 $ 343,800 $ 110,000
McHenry, Illinois 10 $ 1,707,000 $ 170,700 $ 102,000
Riverside, California 9 $ 3,106,000 $ 345,111 $ 168,000
Sonoma, California 8 $ 4,015,000 $ 501,875 $ 200,000
Solano, California 7 $ 2,523,000 $ 360,428 $ 276,000
El Paso, Colorado 7 $ 3,532,000 $ 504,571 $ 196,000
District of Columbia, District Of Columbia 7 $ 7,170,000 $ 1,024,285 $ 373,000
Washoe, Nevada 7 $ 2,476,000 $ 353,714 $ 120,000
Honolulu, Hawaii 6 $ 1,374,000 $ 229,000 $ 101,000
Harris, Texas 6 $ 5,756,000 $ 959,333 $ 392,000
Snohomish, Washington 6 $ 1,586,000 $ 264,333 $ 74,000
Boulder, Colorado 5 $ 2,271,000 $ 454,200 $ 162,000
Fairfield, Connecticut 5 $ 3,181,000 $ 636,200 $ 215,000
Pima, Arizona 4 $ 2,355,000 $ 588,750 $ 113,000
El Dorado, California 4 $ 1,940,000 $ 485,000 $ 209,000
Adams, Colorado 4 $ 971,000 $ 242,750 $ 67,000
Eagle, Colorado 4 $ 1,874,000 $ 468,500 $ 75,000
Brevard, Florida 4 $ 1,514,000 $ 378,500 $ 128,000
Broward, Florida 4 $ 1,752,000 $ 438,000 $ 143,000
Miami-Dade, Florida 4 $ 951,000 $ 237,750 $ 132,000
Suffolk, New York 4 $ 1,344,000 $ 336,000 $ 157,000
Davidson, Tennessee 4 $ 664,000 $ 166,000 $ 198,000
Kitsap, Washington 4 $ 1,565,000 $ 391,250 $ 103,000
Pierce, Washington 4 $ 1,722,000 $ 430,500 $ 143,000
Napa, California 3 $ 1,935,000 $ 645,000 $ 136,000
Placer, California 3 $ 1,238,000 $ 412,666 $ 124,000
Santa Barbara, California 3 $ 2,011,000 $ 670,333 $ 201,000
Elbert, Colorado 3 $ 967,000 $ 322,333 $ 131,000
Garfield, Colorado 3 $ 2,233,000 $ 744,333 $ 273,000
La Plata, Colorado 3 $ 2,730,000 $ 910,000 $ 575,000
Larimer, Colorado 3 $ 552,000 $ 184,000 $ 101,000
Lee, Florida 3 $ 750,000 $ 250,000 $ 470,000
Fulton, Georgia 3 $ 2,062,000 $ 687,333 $ 286,000
Maui, Hawaii 3 $ 1,918,000 $ 639,333 $ 126,000
Kendall, Illinois 3 $ 1,110,000 $ 370,000 $ 102,000
Montgomery, Maryland 3 $ 2,224,000 $ 741,333 $ 833,000
Hennepin, Minnesota 3 $ 1,345,000 $ 448,333 $ 137,000
St. Louis, Missouri 3 $ 2,057,000 $ 685,666 $ 158,000
Kings, New York 3 $ 2,080,000 $ 693,333 $ 216,000
Nassau, New York 3 $ 760,000 $ 253,333 $ 85,000
Mecklenburg, North Carolina 3 $ 2,133,000 $ 711,000 $ 233,000
Beaufort, South Carolina 3 $ 1,568,000 $ 522,666 $ 220,000
Dallas, Texas 3 $ 2,634,000 $ 878,000 $ 209,000
Alexandria, Virginia 3 $ 1,317,000 $ 439,000 $ 457,000
Clark, Washington 3 $ 1,110,000 $ 370,000 $ 119,000
Kenosha, Wisconsin 3 $ 1,203,000 $ 401,000 $ 224,000
Santa Cruz, California 2 $ 1,303,000 $ 651,500 $ 172,000
Yolo, California 2 $ 725,000 $ 362,500 $ 91,000
San Miguel, Colorado 2 $ 1,500,000 $ 750,000 $ 300,000
Summit, Colorado 2 $ 950,000 $ 475,000 $ 275,000
Weld, Colorado 2 $ 833,000 $ 416,500 $ 251,000
Collier, Florida 2 $ 605,000 $ 302,500 $ 177,000
Palm Beach, Florida 2 $ 942,000 $ 471,000 $ 210,000
Cobb, Georgia 2 $ 594,000 $ 297,000 $ 82,000
Jo Daviess, Illinois 2 $ 356,000 $ 178,000 $ 167,000
Winnebago, Illinois 2 $ 169,000 $ 84,500 $ 85,000
Hamilton, Indiana 2 $ 280,000 $ 140,000 $ 89,000
Lake, Indiana 2 $ 348,000 $ 174,000 $ 114,000
Johnson, Kansas 2 $ 658,000 $ 329,000 $ 119,000
Howard, Maryland 2 $ 742,000 $ 371,000 $ 159,000
Essex, Massachusetts 2 $ 736,000 $ 368,000 $ 90,000
Middlesex, Massachusetts 2 $ 521,000 $ 260,500 $ 202,000
Suffolk, Massachusetts 2 $ 462,000 $ 231,000 $ 94,000
Oakland, Michigan 2 $ 898,000 $ 449,000 $ 156,000
Washington, Minnesota 2 $ 587,000 $ 293,500 $ 130,000
St. Charles, Missouri 2 $ 315,000 $ 157,500 $ 90,000
Union, New Jersey 2 $ 1,190,000 $ 595,000 $ 427,000
Bernalillo, New Mexico 2 $ 243,000 $ 121,500 $ 126,000
New York, New York 2 $ 1,472,000 $ 736,000 $ 290,000
Westchester, New York 2 $ 1,242,000 $ 621,000 $ 587,000
Buncombe, North Carolina 2 $ 937,000 $ 468,500 $ 154,000
Moore, North Carolina 2 $ 800,000 $ 400,000 $ 106,000
Wake, North Carolina 2 $ 662,000 $ 331,000 $ 153,000
Franklin, Ohio 2 $ 630,000 $ 315,000 $ 162,000
Summit, Ohio 2 $ 215,000 $ 107,500 $ 96,000
Deschutes, Oregon 2 $ 1,350,000 $ 675,000 $ 255,000
Multnomah, Oregon 2 $ 1,135,000 $ 567,500 $ 160,000
Loudon, Tennessee 2 $ 665,000 $ 332,500 $ 93,000
Wilson, Tennessee 2 $ 205,000 $ 102,500 $ 60,000
Tarrant, Texas 2 $ 425,000 $ 212,500 $ 154,000
Culpeper, Virginia 2 $ 636,000 $ 318,000 $ 87,000
Fauquier, Virginia 2 $ 719,000 $ 359,500 $ 141,000
Prince William, Virginia 2 $ 255,000 $ 127,500 $ 68,000
Shenandoah, Virginia 2 $ 480,000 $ 240,000 $ 131,000
Douglas, Washington 2 $ 700,000 $ 350,000 $ 103,000
Mason, Washington 2 $ 410,000 $ 205,000 $ 133,000
Pinal, Arizona 1 $ 334,000 $ 334,000 $ 75,000
Yavapai, Arizona 1 $ 125,000 $ 125,000 $ 147,000
Benton, Arkansas 1 $ 835,000 $ 835,000 $ 211,000
Chicot, Arkansas 1 $ 192,000 $ 192,000 $ 134,000
Fresno, California 1 $ 15,000 $ 15,000 $ 71,000
Mono, California 1 $ 412,000 $ 412,000 $ 58,000
Monterey, California 1 $ 610,000 $ 610,000 $ 191,000
Nevada, California 1 $ 350,000 $ 350,000 $ 51,000
Sacramento, California 1 $ 352,000 $ 352,000 $ 180,000
San Joaquin, California 1 $ 171,000 $ 171,000 $ 61,000
San Luis Obispo, California 1 $ 582,000 $ 582,000 $ 96,000
Siskiyou, California 1 $ 80,000 $ 80,000 $ 46,000
Tulare, California 1 $ 180,000 $ 180,000 $ 107,000
Ventura, California 1 $ 854,000 $ 854,000 $ 193,000
Huerfano, Colorado 1 $ 45,000 $ 45,000 $ 39,000
Pitkin, Colorado 1 $ 1,405,000 $ 1,405,000 $ 237,000
Middlesex, Connecticut 1 $ 320,000 $ 320,000 $ 153,000
New Haven, Connecticut 1 $ 100,000 $ 100,000 $ 45,000
Tolland, Connecticut 1 $ 100,000 $ 100,000 $ 60,000
New Castle, Delaware 1 $ 122,000 $ 122,000 $ 50,000
Alachua, Florida 1 $ 244,000 $ 244,000 $ 161,000
Charlotte, Florida 1 $ 147,000 $ 147,000 $ 134,000
Hillsborough, Florida 1 $ 118,000 $ 118,000 $ 58,000
Indian River, Florida 1 $ 1,000,000 $ 1,000,000 $ 1,100,000
Manatee, Florida 1 $ 240,000 $ 240,000 $ 68,000
Martin, Florida 1 $ 623,000 $ 623,000 $ 255,000
Monroe, Florida 1 $ 334,000 $ 334,000 $ 191,000
Orange, Florida 1 $ 100,000 $ 100,000 $ 44,000
Pinellas, Florida 1 $ 825,000 $ 825,000 $ 266,000
Polk, Florida 1 $ 800,000 $ 800,000 $ 180,000
Seminole, Florida 1 $ 82,000 $ 82,000 $ 49,000
St. Johns, Florida 1 $ 70,000 $ 70,000 $ 79,000
St. Lucie, Florida 1 $ 100,000 $ 100,000 $ 3,000
Sumter, Florida 1 $ 23,000 $ 23,000 $ 21,000
Cook, Georgia 1 $ 214,000 $ 214,000 $ 152,000
Coweta, Georgia 1 $ 541,000 $ 541,000 $ 197,000
Gwinnett, Georgia 1 $ 644,000 $ 644,000 $ 100,000
Walker, Georgia 1 $ 36,000 $ 36,000 $ 29,000
Ada, Idaho 1 $ 144,000 $ 144,000 $ 98,000
Carroll, Illinois 1 $ 786,000 $ 786,000 $ 219,000
Madison, Illinois 1 $ 250,000 $ 250,000 $ 55,000
Rock Island, Illinois 1 $ 255,000 $ 255,000 $ 117,000
Schuyler, Illinois 1 $ 88,000 $ 88,000 $ 93,000
Daviess, Indiana 1 $ 15,000 $ 15,000 $ 23,000
Hendricks, Indiana 1 $ 90,000 $ 90,000 $ 32,000
LaPorte, Indiana 1 $ 478,000 $ 478,000 $ 400,000
Marion, Indiana 1 $ 204,000 $ 204,000 $ 100,000
Porter, Indiana 1 $ 85,000 $ 85,000 $ 83,000
Johnson, Iowa 1 $ 44,000 $ 44,000 $ 82,000
Lincoln, Kentucky 1 $ 10,000 $ 10,000 $ 3,000
Orleans, Louisiana 1 $ 101,000 $ 101,000 $ 51,000
Cumberland, Maine 1 $ 593,000 $ 593,000 $ 218,000
Anne Arundel, Maryland 1 $ 801,000 $ 801,000 $ 200,000
Prince George's, Maryland 1 $ 171,000 $ 171,000 $ 12,000
Allegan, Michigan 1 $ 450,000 $ 450,000 $ 152,000
Berrien, Michigan 1 $ 185,000 $ 185,000 $ 128,000
Cass, Michigan 1 $ 165,000 $ 165,000 $ 152,000
Wayne, Michigan 1 $ 40,000 $ 40,000 $ 57,000
Dakota, Minnesota 1 $ 270,000 $ 270,000 $ 142,000
Itasca, Minnesota 1 $ 70,000 $ 70,000 $ 40,000
Otter Tail, Minnesota 1 $ 475,000 $ 475,000 $ 119,000
Scott, Minnesota 1 $ 93,000 $ 93,000 $ 106,000
Stearns, Minnesota 1 $ 264,000 $ 264,000 $ 89,000
Johnson, Missouri 1 $ 345,000 $ 345,000 $ 84,000
Lincoln, Missouri 1 $ 460,000 $ 460,000 $ 138,000
Gallatin, Montana 1 $ 692,000 $ 692,000 $ 130,000
Mineral, Montana 1 $ 150,000 $ 150,000 $ 29,000
Missoula, Montana 1 $ 150,000 $ 150,000 $ 23,000
Yellowstone, Montana 1 $ 571,000 $ 571,000 $ 270,000
Lincoln, Nebraska 1 $ 95,000 $ 95,000 $ 69,000
Douglas, Nevada 1 $ 228,000 $ 228,000 $ 103,000
Bergen, New Jersey 1 $ 480,000 $ 480,000 $ 235,000
Camden, New Jersey 1 $ 180,000 $ 180,000 $ 66,000
Gloucester, New Jersey 1 $ 40,000 $ 40,000 $ 112,000
Hudson, New Jersey 1 $ 500,000 $ 500,000 $ 340,000
Hunterdon, New Jersey 1 $ 552,000 $ 552,000 $ 184,000
Middlesex, New Jersey 1 $ 490,000 $ 490,000 $ 135,000
Somerset, New Jersey 1 $ 650,000 $ 650,000 $ 245,000
Sussex, New Jersey 1 $ 136,000 $ 136,000 $ 51,000
Erie, New York 1 $ 20,000 $ 20,000 $ 42,000
Orange, New York 1 $ 392,000 $ 392,000 $ 303,000
Queens, New York 1 $ 500,000 $ 500,000 $ 111,000
Richmond, New York 1 $ 750,000 $ 750,000 $ 271,000
Guilford, North Carolina 1 $ 31,000 $ 31,000 $ 84,000
Nash, North Carolina 1 $ 140,000 $ 140,000 $ 64,000
New Hanover, North Carolina 1 $ 70,000 $ 70,000 $ 28,000
Pamlico, North Carolina 1 $ 80,000 $ 80,000 $ 63,000
Union, North Carolina 1 $ 402,000 $ 402,000 $ 25,000
Yancey, North Carolina 1 $ 500,000 $ 500,000 $ 115,000
Ashtabula, Ohio 1 $ 80,000 $ 80,000 $ 36,000
Cuyahoga, Ohio 1 $ 60,000 $ 60,000 $ 76,000
Fairfield, Ohio 1 $ 210,000 $ 210,000 $ 77,000
Lorain, Ohio 1 $ 25,000 $ 25,000 $ 1,000
Medina, Ohio 1 $ 80,000 $ 80,000 $ 48,000
Clatsop, Oregon 1 $ 1,000,000 $ 1,000,000 $ 90,000
Columbia, Oregon 1 $ 70,000 $ 70,000 $ 35,000
Josephine, Oregon 1 $ 276,000 $ 276,000 $ 68,000
Washington, Oregon 1 $ 50,000 $ 50,000 $ 139,000
Chester, Pennsylvania 1 $ 560,000 $ 560,000 $ 215,000
Delaware, Pennsylvania 1 $ 369,000 $ 369,000 $ 163,000
Lackawanna, Pennsylvania 1 $ 58,000 $ 58,000 $ 69,000
Lancaster, Pennsylvania 1 $ 50,000 $ 50,000 $ 46,000
Montgomery, Pennsylvania 1 $ 292,000 $ 292,000 $ 117,000
Bristol, Rhode Island 1 $ 900,000 $ 900,000 $ 358,000
Washington, Rhode Island 1 $ 375,000 $ 375,000 $ 143,000
Charleston, South Carolina 1 $ 485,000 $ 485,000 $ 138,000
Dorchester, South Carolina 1 $ 255,000 $ 255,000 $ 100,000
Horry, South Carolina 1 $ 240,000 $ 240,000 $ 146,000
Pickens, South Carolina 1 $ 292,000 $ 292,000 $ 94,000
Sevier, Tennessee 1 $ 344,000 $ 344,000 $ 91,000
Shelby, Tennessee 1 $ 350,000 $ 350,000 $ 116,000
Bexar, Texas 1 $ 40,000 $ 40,000 $ 69,000
Denton, Texas 1 $ 160,000 $ 160,000 $ 79,000
Gregg, Texas 1 $ 120,000 $ 120,000 $ 108,000
Hood, Texas 1 $ 500,000 $ 500,000 $ 273,000
Travis, Texas 1 $ 1,800,000 $ 1,800,000 $ 539,000
Cache, Utah 1 $ 85,000 $ 85,000 $ 77,000
Iron, Utah 1 $ 150,000 $ 150,000 $ 128,000
Salt Lake, Utah 1 $ 1,000,000 $ 1,000,000 $ 419,000
Summit, Utah 1 $ 1,200,000 $ 1,200,000 $ 369,000
Washington, Utah 1 $ 50,000 $ 50,000 $ 144,000
Windsor, Vermont 1 $ 1,175,000 $ 1,175,000 $ 401,000
Arlington, Virginia 1 $ 860,000 $ 860,000 $ 145,000
Clarke, Virginia 1 $ 168,000 $ 168,000 $ 73,000
Frederick, Virginia 1 $ 70,000 $ 70,000 $ 193,000
Harrisonburg, Virginia 1 $ 70,000 $ 70,000 $ 60,000
Roanoke, Virginia 1 $ 239,000 $ 239,000 $ 171,000
Spotsylvania, Virginia 1 $ 520,000 $ 520,000 $ 178,000
Virginia Beach, Virginia 1 $ 111,000 $ 111,000 $ 51,000
Warren, Virginia 1 $ 45,000 $ 45,000 $ 63,000
Winchester, Virginia 1 $ 170,000 $ 170,000 $ 48,000
Adams, Washington 1 $ 300,000 $ 300,000 $ 130,000
Clallam, Washington 1 $ 250,000 $ 250,000 $ 83,000
Island, Washington 1 $ 300,000 $ 300,000 $ 115,000
Adams, Wisconsin 1 $ 95,000 $ 95,000 $ 33,000
Brown, Wisconsin 1 $ 129,000 $ 129,000 $ 49,000
Dane, Wisconsin 1 $ 185,000 $ 185,000 $ 54,000
Milwaukee, Wisconsin 1 $ 606,000 $ 606,000 $ 320,000
Ozaukee, Wisconsin 1 $ 390,000 $ 390,000 $ 176,000
St. Croix, Wisconsin 1 $ 180,000 $ 180,000 $ 110,000
Waukesha, Wisconsin 1 $ 120,000 $ 120,000 $ 44,000
Sweetwater, Wyoming 1 $ 172,000 $ 172,000 $ 94,000

Mortgage Loan Application Detail Totals for Alliant 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
Refinancing 1,152 $596,681,000 $517,000 $2,977,000 $210,000 $9,055,000
Home Purchase 441 $211,150,000 $478,000 $1,983,000 $204,000 $2,145,000
Home Improvement 94 $4,528,000 $48,000 $450,000 $86,000 $457,000

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 1,162 $577,603,000 $497,000 $2,977,000 $201,000 $3,942,000
Not Provided 318 $135,687,000 $426,000 $1,950,000 $197,000 $9,055,000
Asian 125 $68,965,000 $551,000 $2,750,000 $254,000 $3,000,000
Hispanic 39 $13,037,000 $334,000 $1,000,000 $150,000 $1,062,000
Black or African American 35 $13,979,000 $399,000 $1,000,000 $147,000 $429,000
Native Hawaiian or Other Pacific Islander 6 $1,622,000 $270,000 $720,000 $97,000 $174,000
American Indian or Alaskan Native 2 $1,466,000 $733,000 $900,000 $224,000 $300,000
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) 1,687 $812,359,000 $481,000 $2,977,000 $202,000 $9,055,000
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 1,196 $615,680,000 $514,000 $1,998,000 $221,000 $9,055,000
Application Denied By Financial Institution 249 $107,364,000 $431,000 $2,977,000 $145,000 $978,000
Application Withdrawn By Applicant 228 $80,356,000 $352,000 $1,800,000 $159,000 $1,308,000
Application Approved But Not Accepted 11 $6,776,000 $616,000 $750,000 $185,000 $342,000
File Closed For Incompleteness 2 $1,395,000 $697,000 $795,000 $195,000 $200,000
Preapproval Denied by Financial Institution 1 $788,000 $788,000 $788,000 $283,000 $283,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval 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
Collateral 117 $52,499,000 $448,000 $2,750,000 $179,000 $820,000
Debt-To-Income Ratio 83 $40,001,000 $481,000 $2,977,000 $100,000 $518,000
Credit History 21 $6,518,000 $310,000 $985,000 $121,000 $537,000
Other 10 $966,000 $96,000 $285,000 $87,000 $166,000
Unverifiable Information 4 $3,475,000 $868,000 $1,950,000 $448,000 $978,000
Insufficient Cash (Downpayment, Closing Cost) 3 $1,571,000 $523,000 $788,000 $229,000 $283,000
Mortgage Insurance Denied 2 $430,000 $215,000 $262,000 $87,000 $88,000
Employment History 2 $515,000 $257,000 $485,000 $123,000 $138,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Alliant 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 Alliant 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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