Altra Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Altra 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 | Altra Federal Credit Union 1700 Oak Forest Drive Onalaska, WI 54650 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 | 3,126 |
| Total Mortgage Loan Application Amount | $522,100,000 |
| Average Mortgage Loan Application Amount | $191,200 |
| Highest Mortgage Loan Application Amount | $8,585,000 |
| Average Applicant Income | $116,800 |
| Highest Applicant Income | $1,477,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 with Altra 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 Altra 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 Altra 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 Altra Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Altra 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 Altra 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 |
|---|---|---|---|---|
| La Crosse County Wisconsin | 1,113 | $ 164,215,000 | $ 147,000 | $ 116,000 |
| Smith County Texas | 331 | $ 72,905,000 | $ 220,000 | $ 119,000 |
| Montgomery County Tennessee | 264 | $ 49,270,000 | $ 186,000 | $ 116,000 |
| Winona County Minnesota | 208 | $ 26,320,000 | $ 126,000 | $ 101,000 |
| Houston County Minnesota | 178 | $ 25,060,000 | $ 140,000 | $ 102,000 |
| Olmsted County Minnesota | 155 | $ 37,285,000 | $ 240,000 | $ 158,000 |
| Monroe County Wisconsin | 84 | $ 11,830,000 | $ 140,000 | $ 100,000 |
| Trempealeau County Wisconsin | 76 | $ 8,890,000 | $ 116,000 | $ 98,000 |
| Vernon County Wisconsin | 59 | $ 6,205,000 | $ 105,000 | $ 116,000 |
| Cherokee County Texas | 38 | $ 9,550,000 | $ 251,000 | $ 140,000 |
| Fillmore County Minnesota | 30 | $ 3,860,000 | $ 128,000 | $ 97,000 |
| Dodge County Minnesota | 21 | $ 3,635,000 | $ 173,000 | $ 115,000 |
| Stewart County Tennessee | 18 | $ 3,750,000 | $ 208,000 | $ 121,000 |
| Cheatham County Tennessee | 16 | $ 3,520,000 | $ 220,000 | $ 160,000 |
| Henderson County Texas | 15 | $ 5,565,000 | $ 371,000 | $ 104,000 |
| Jackson County Wisconsin | 15 | $ 1,925,000 | $ 128,000 | $ 99,000 |
| Crawford County Wisconsin | 14 | $ 1,660,000 | $ 118,000 | $ 78,000 |
| Hennepin County Minnesota | 13 | $ 2,055,000 | $ 158,000 | $ 127,000 |
| Wabasha County Minnesota | 12 | $ 1,940,000 | $ 161,000 | $ 97,000 |
| Buffalo County Wisconsin | 12 | $ 1,880,000 | $ 156,000 | $ 81,000 |
| Van Zandt County Texas | 11 | $ 1,325,000 | $ 120,000 | $ 115,000 |
| Eau Claire County Wisconsin | 11 | $ 1,155,000 | $ 105,000 | $ 118,000 |
| Davidson County Tennessee | 10 | $ 2,070,000 | $ 207,000 | $ 116,000 |
| Robertson County Tennessee | 10 | $ 3,460,000 | $ 346,000 | $ 123,000 |
| Juneau County Wisconsin | 10 | $ 1,140,000 | $ 114,000 | $ 88,000 |
| Dakota County Minnesota | 9 | $ 665,000 | $ 73,000 | $ 114,000 |
| Wood County Texas | 9 | $ 1,915,000 | $ 212,000 | $ 120,000 |
| Dane County Wisconsin | 9 | $ 1,165,000 | $ 129,000 | $ 150,000 |
| Goodhue County Minnesota | 8 | $ 1,230,000 | $ 153,000 | $ 93,000 |
| Mower County Minnesota | 8 | $ 1,450,000 | $ 181,000 | $ 109,000 |
| Mercer County New Jersey | 8 | $ 610,000 | $ 76,000 | $ 106,000 |
| Manatee County Florida | 7 | $ 1,435,000 | $ 205,000 | $ 148,000 |
| Ramsey County Minnesota | 7 | $ 1,585,000 | $ 226,000 | $ 117,000 |
| Anderson County Texas | 7 | $ 1,435,000 | $ 205,000 | $ 99,000 |
| Dickson County Tennessee | 6 | $ 1,170,000 | $ 195,000 | $ 141,000 |
| Upshur County Texas | 6 | $ 1,040,000 | $ 173,000 | $ 90,000 |
| Allamakee County Iowa | 5 | $ 625,000 | $ 125,000 | $ 198,000 |
| Winneshiek County Iowa | 5 | $ 635,000 | $ 127,000 | $ 113,000 |
| Houston County Tennessee | 5 | $ 945,000 | $ 189,000 | $ 97,000 |
| Sumner County Tennessee | 5 | $ 1,725,000 | $ 345,000 | $ 141,000 |
| Sawyer County Wisconsin | 5 | $ 1,745,000 | $ 349,000 | $ 300,000 |
| Fayette County Kentucky | 4 | $ 220,000 | $ 55,000 | $ 87,000 |
| Freeborn County Minnesota | 4 | $ 490,000 | $ 122,000 | $ 65,000 |
| Steele County Minnesota | 4 | $ 800,000 | $ 200,000 | $ 124,000 |
| Burlington County New Jersey | 4 | $ 370,000 | $ 92,000 | $ 131,000 |
| Humphreys County Tennessee | 4 | $ 720,000 | $ 180,000 | $ 133,000 |
| Wilson County Tennessee | 4 | $ 670,000 | $ 167,000 | $ 79,000 |
| Gregg County Texas | 4 | $ 1,990,000 | $ 497,000 | $ 40,000 |
| Rusk County Texas | 4 | $ 640,000 | $ 160,000 | $ 67,000 |
| Fond du Lac County Wisconsin | 4 | $ 420,000 | $ 105,000 | $ 85,000 |
| Price County Wisconsin | 4 | $ 1,350,000 | $ 337,000 | $ 223,000 |
| Sauk County Wisconsin | 4 | $ 1,140,000 | $ 285,000 | $ 118,000 |
| Pueblo County Colorado | 3 | $ 575,000 | $ 191,000 | $ 117,000 |
| Johnson County Kansas | 3 | $ 465,000 | $ 155,000 | $ 117,000 |
| Trigg County Kentucky | 3 | $ 975,000 | $ 325,000 | $ 345,000 |
| Washington County Minnesota | 3 | $ 645,000 | $ 215,000 | $ 102,000 |
| Hickman County Tennessee | 3 | $ 1,315,000 | $ 438,000 | $ 98,000 |
| Shelby County Tennessee | 3 | $ 625,000 | $ 208,000 | $ 180,000 |
| Denton County Texas | 3 | $ 615,000 | $ 205,000 | $ 127,000 |
| Harris County Texas | 3 | $ 545,000 | $ 181,000 | $ 207,000 |
| Montgomery County Texas | 3 | $ 425,000 | $ 141,000 | $ 420,000 |
| Adams County Wisconsin | 3 | $ 1,045,000 | $ 348,000 | $ 200,000 |
| Chippewa County Wisconsin | 3 | $ 775,000 | $ 258,000 | $ 250,000 |
| Dodge County Wisconsin | 3 | $ 695,000 | $ 231,000 | $ 135,000 |
| Jefferson County Wisconsin | 3 | $ 395,000 | $ 131,000 | $ 152,000 |
| Marathon County Wisconsin | 3 | $ 105,000 | $ 35,000 | $ 89,000 |
| Milwaukee County Wisconsin | 3 | $ 405,000 | $ 135,000 | $ 94,000 |
| Rusk County Wisconsin | 3 | $ 335,000 | $ 111,000 | $ 119,000 |
| Waukesha County Wisconsin | 3 | $ 495,000 | $ 165,000 | $ 149,000 |
| Winnebago County Wisconsin | 3 | $ 545,000 | $ 181,000 | $ 176,000 |
| Wood County Wisconsin | 3 | $ 425,000 | $ 141,000 | $ 60,000 |
| Adams County Colorado | 2 | $ 270,000 | $ 135,000 | $ 117,000 |
| Arapahoe County Colorado | 2 | $ 260,000 | $ 130,000 | $ 113,000 |
| Broward County Florida | 2 | $ 560,000 | $ 280,000 | $ 111,000 |
| Charlotte County Florida | 2 | $ 130,000 | $ 65,000 | $ 134,000 |
| Okaloosa County Florida | 2 | $ 570,000 | $ 285,000 | $ 164,000 |
| St. Johns County Florida | 2 | $ 250,000 | $ 125,000 | $ 147,000 |
| Sumter County Florida | 2 | $ 250,000 | $ 125,000 | $ 82,000 |
| Cook County Illinois | 2 | $ 60,000 | $ 30,000 | $ 26,000 |
| Christian County Kentucky | 2 | $ 570,000 | $ 285,000 | $ 91,000 |
| Scott County Kentucky | 2 | $ 440,000 | $ 220,000 | $ 161,000 |
| Todd County Kentucky | 2 | $ 110,000 | $ 55,000 | $ 41,000 |
| Anoka County Minnesota | 2 | $ 370,000 | $ 185,000 | $ 130,000 |
| Carver County Minnesota | 2 | $ 110,000 | $ 55,000 | $ 120,000 |
| Kanabec County Minnesota | 2 | $ 430,000 | $ 215,000 | $ 53,000 |
| Kittson County Minnesota | 2 | $ 70,000 | $ 35,000 | $ 14,000 |
| Scott County Minnesota | 2 | $ 180,000 | $ 90,000 | $ 88,000 |
| Wright County Minnesota | 2 | $ 520,000 | $ 260,000 | $ 95,000 |
| Mecklenburg County North Carolina | 2 | $ 400,000 | $ 200,000 | $ 283,000 |
| Bucks County Pennsylvania | 2 | $ 160,000 | $ 80,000 | $ 183,000 |
| Marshall County Tennessee | 2 | $ 270,000 | $ 135,000 | $ 87,000 |
| Maury County Tennessee | 2 | $ 1,270,000 | $ 635,000 | $ 223,000 |
| Harrison County Texas | 2 | $ 210,000 | $ 105,000 | $ 121,000 |
| Rockwall County Texas | 2 | $ 90,000 | $ 45,000 | $ 145,000 |
| Tarrant County Texas | 2 | $ 30,000 | $ 15,000 | $ 106,000 |
| Travis County Texas | 2 | $ 2,120,000 | $ 1,060,000 | $ 290,000 |
| Hanover County Virginia | 2 | $ 130,000 | $ 65,000 | $ 62,000 |
| Barron County Wisconsin | 2 | $ 70,000 | $ 35,000 | $ 79,000 |
| Bayfield County Wisconsin | 2 | $ 290,000 | $ 145,000 | $ 77,000 |
| Grant County Wisconsin | 2 | $ 90,000 | $ 45,000 | $ 56,000 |
| Oneida County Wisconsin | 2 | $ 330,000 | $ 165,000 | $ 125,000 |
| Outagamie County Wisconsin | 2 | $ 410,000 | $ 205,000 | $ 131,000 |
| St. Croix County Wisconsin | 2 | $ 490,000 | $ 245,000 | $ 155,000 |
| Washington County Wisconsin | 2 | $ 190,000 | $ 95,000 | $ 48,000 |
| Waupaca County Wisconsin | 2 | $ 540,000 | $ 270,000 | $ 145,000 |
| Jackson County Alabama | 1 | $ 55,000 | $ 55,000 | $ 7,000 |
| Jefferson County Alabama | 1 | $ 85,000 | $ 85,000 | $ 445,000 |
| Madison County Alabama | 1 | $ 115,000 | $ 115,000 | $ 326,000 |
| Pima County Arizona | 1 | $ 45,000 | $ 45,000 | $ 73,000 |
| Saline County Arkansas | 1 | $ 45,000 | $ 45,000 | $ 123,000 |
| Sebastian County Arkansas | 1 | $ 85,000 | $ 85,000 | $ 203,000 |
| Orange County California | 1 | $ 275,000 | $ 275,000 | $ 129,000 |
| San Bernardino County California | 1 | $ 255,000 | $ 255,000 | $ 107,000 |
| San Luis Obispo County California | 1 | $ 125,000 | $ 125,000 | $ 256,000 |
| Solano County California | 1 | $ 155,000 | $ 155,000 | $ 275,000 |
| Douglas County Colorado | 1 | $ 485,000 | $ 485,000 | $ 216,000 |
| El Paso County Colorado | 1 | $ 35,000 | $ 35,000 | $ 144,000 |
| Jefferson County Colorado | 1 | $ 145,000 | $ 145,000 | $ 162,000 |
| New Castle County Delaware | 1 | $ 55,000 | $ 55,000 | $ 336,000 |
| Bay County Florida | 1 | $ 205,000 | $ 205,000 | $ 145,000 |
| Citrus County Florida | 1 | $ 415,000 | $ 415,000 | $ 294,000 |
| Lake County Florida | 1 | $ 275,000 | $ 275,000 | $ 52,000 |
| Lee County Florida | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Monroe County Florida | 1 | $ 875,000 | $ 875,000 | $ 202,000 |
| Pasco County Florida | 1 | $ 55,000 | $ 55,000 | $ 142,000 |
| Pinellas County Florida | 1 | $ 175,000 | $ 175,000 | $ 91,000 |
| Bryan County Georgia | 1 | $ 55,000 | $ 55,000 | $ 115,000 |
| Chatham County Georgia | 1 | $ 75,000 | $ 75,000 | $ 144,000 |
| Clayton County Georgia | 1 | $ 215,000 | $ 215,000 | $ 83,000 |
| DeKalb County Georgia | 1 | $ 105,000 | $ 105,000 | $ 317,000 |
| Tift County Georgia | 1 | $ 55,000 | $ 55,000 | $ 140,000 |
| Toombs County Georgia | 1 | $ 15,000 | $ 15,000 | $ 51,000 |
| DuPage County Illinois | 1 | $ 125,000 | $ 125,000 | $ 180,000 |
| Lake County Illinois | 1 | $ 55,000 | $ 55,000 | $ 82,000 |
| Hendricks County Indiana | 1 | $ 45,000 | $ 45,000 | $ 92,000 |
| Morgan County Indiana | 1 | $ 145,000 | $ 145,000 | $ 240,000 |
| Black Hawk County Iowa | 1 | $ 665,000 | $ 665,000 | $ 540,000 |
| Chickasaw County Iowa | 1 | $ 25,000 | $ 25,000 | $ 62,000 |
| Dallas County Iowa | 1 | $ 65,000 | $ 65,000 | $ 140,000 |
| Fayette County Iowa | 1 | $ 105,000 | $ 105,000 | $ 50,000 |
| Floyd County Iowa | 1 | $ 275,000 | $ 275,000 | $ 76,000 |
| Howard County Iowa | 1 | $ 165,000 | $ 165,000 | $ 69,000 |
| Lee County Iowa | 1 | $ 35,000 | $ 35,000 | $ 83,000 |
| O'Brien County Iowa | 1 | $ 65,000 | $ 65,000 | $ 93,000 |
| Polk County Iowa | 1 | $ 265,000 | $ 265,000 | $ 137,000 |
| Taylor County Iowa | 1 | $ 95,000 | $ 95,000 | $ 73,000 |
| Worth County Iowa | 1 | $ 75,000 | $ 75,000 | $ 123,000 |
| Bourbon County Kentucky | 1 | $ 25,000 | $ 25,000 | $ 40,000 |
| Floyd County Kentucky | 1 | $ 75,000 | $ 75,000 | $ 99,000 |
| Franklin County Kentucky | 1 | $ 45,000 | $ 45,000 | $ 98,000 |
| Hopkins County Kentucky | 1 | $ 125,000 | $ 125,000 | $ 38,000 |
| Laurel County Kentucky | 1 | $ 435,000 | $ 435,000 | $ 93,000 |
| Logan County Kentucky | 1 | $ 275,000 | $ 275,000 | $ 99,000 |
| Calvert County Maryland | 1 | $ 85,000 | $ 85,000 | $ 124,000 |
| Carroll County Maryland | 1 | $ 55,000 | $ 55,000 | $ 139,000 |
| Marquette County Michigan | 1 | $ 345,000 | $ 345,000 | $ 242,000 |
| Oakland County Michigan | 1 | $ 25,000 | $ 25,000 | $ 151,000 |
| Wayne County Michigan | 1 | $ 35,000 | $ 35,000 | $ 123,000 |
| Douglas County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 135,000 |
| Isanti County Minnesota | 1 | $ 15,000 | $ 15,000 | $ 150,000 |
| Le Sueur County Minnesota | 1 | $ 445,000 | $ 445,000 | $ 209,000 |
| Lyon County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 98,000 |
| Meeker County Minnesota | 1 | $ 135,000 | $ 135,000 | $ 172,000 |
| Rice County Minnesota | 1 | $ 315,000 | $ 315,000 | $ 145,000 |
| St. Louis County Minnesota | 1 | $ 395,000 | $ 395,000 | $ 102,000 |
| Stearns County Minnesota | 1 | $ 185,000 | $ 185,000 | $ 57,000 |
| DeSoto County Mississippi | 1 | $ 35,000 | $ 35,000 | $ 168,000 |
| St. Francois County Missouri | 1 | $ 65,000 | $ 65,000 | $ 143,000 |
| Hillsborough County New Hampshire | 1 | $ 255,000 | $ 255,000 | $ 76,000 |
| Hunterdon County New Jersey | 1 | $ 85,000 | $ 85,000 | $ 137,000 |
| Bernalillo County New Mexico | 1 | $ 25,000 | $ 25,000 | $ 192,000 |
| Suffolk County New York | 1 | $ 105,000 | $ 105,000 | $ 161,000 |
| Henderson County North Carolina | 1 | $ 55,000 | $ 55,000 | $ 259,000 |
| Robeson County North Carolina | 1 | $ 55,000 | $ 55,000 | $ 77,000 |
| Wake County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 189,000 |
| Summit County Ohio | 1 | $ 55,000 | $ 55,000 | $ 385,000 |
| Oklahoma County Oklahoma | 1 | $ 55,000 | $ 55,000 | $ 170,000 |
| Carbon County Pennsylvania | 1 | $ 25,000 | $ 25,000 | $ 40,000 |
| Lackawanna County Pennsylvania | 1 | $ 75,000 | $ 75,000 | $ 44,000 |
| Minnehaha County South Dakota | 1 | $ 25,000 | $ 25,000 | $ 62,000 |
| Bradley County Tennessee | 1 | $ 375,000 | $ 375,000 | $ 209,000 |
| Hardin County Tennessee | 1 | $ 125,000 | $ 125,000 | $ 122,000 |
| Henry County Tennessee | 1 | $ 155,000 | $ 155,000 | $ 396,000 |
| Loudon County Tennessee | 1 | $ 75,000 | $ 75,000 | $ 36,000 |
| Madison County Tennessee | 1 | $ 315,000 | $ 315,000 | $ 81,000 |
| Monroe County Tennessee | 1 | $ 535,000 | $ 535,000 | $ 159,000 |
| Morgan County Tennessee | 1 | $ 75,000 | $ 75,000 | $ 24,000 |
| Rhea County Tennessee | 1 | $ 355,000 | $ 355,000 | $ 149,000 |
| Sequatchie County Tennessee | 1 | $ 65,000 | $ 65,000 | $ 57,000 |
| Angelina County Texas | 1 | $ 255,000 | $ 255,000 | $ 124,000 |
| Bell County Texas | 1 | $ 25,000 | $ 25,000 | $ 84,000 |
| Bexar County Texas | 1 | $ 795,000 | $ 795,000 | $ 383,000 |
| Brazos County Texas | 1 | $ 225,000 | $ 225,000 | $ 519,000 |
| Collin County Texas | 1 | $ 25,000 | $ 25,000 | $ 102,000 |
| Colorado County Texas | 1 | $ 355,000 | $ 355,000 | $ 190,000 |
| Falls County Texas | 1 | $ 145,000 | $ 145,000 | $ 16,000 |
| Houston County Texas | 1 | $ 25,000 | $ 25,000 | $ 97,000 |
| Kaufman County Texas | 1 | $ 15,000 | $ 15,000 | $ 118,000 |
| Lamar County Texas | 1 | $ 85,000 | $ 85,000 | $ 207,000 |
| McLennan County Texas | 1 | $ 145,000 | $ 145,000 | $ 71,000 |
| Midland County Texas | 1 | $ 365,000 | $ 365,000 | $ 215,000 |
| Nacogdoches County Texas | 1 | $ 85,000 | $ 85,000 | $ 81,000 |
| Palo Pinto County Texas | 1 | $ 155,000 | $ 155,000 | $ 118,000 |
| Panola County Texas | 1 | $ 205,000 | $ 205,000 | $ 247,000 |
| Polk County Texas | 1 | $ 315,000 | $ 315,000 | $ 244,000 |
| San Jacinto County Texas | 1 | $ 275,000 | $ 275,000 | $ 242,000 |
| Titus County Texas | 1 | $ 305,000 | $ 305,000 | $ 55,000 |
| Chesterfield County Virginia | 1 | $ 45,000 | $ 45,000 | $ 170,000 |
| Logan County West Virginia | 1 | $ 35,000 | $ 35,000 | $ 126,000 |
| Clark County Wisconsin | 1 | $ 355,000 | $ 355,000 | $ 179,000 |
| Columbia County Wisconsin | 1 | $ 215,000 | $ 215,000 | $ 99,000 |
| Dunn County Wisconsin | 1 | $ 25,000 | $ 25,000 | $ 65,000 |
| Iron County Wisconsin | 1 | $ 105,000 | $ 105,000 | $ 72,000 |
| Ozaukee County Wisconsin | 1 | $ 475,000 | $ 475,000 | $ 385,000 |
| Pepin County Wisconsin | 1 | $ 165,000 | $ 165,000 | $ 92,000 |
| Pierce County Wisconsin | 1 | $ 25,000 | $ 25,000 | $ 113,000 |
| Portage County Wisconsin | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Racine County Wisconsin | 1 | $ 295,000 | $ 295,000 | $ 76,000 |
| Richland County Wisconsin | 1 | $ 25,000 | $ 25,000 | $ 62,000 |
| Rock County Wisconsin | 1 | $ 75,000 | $ 75,000 | $ 104,000 |
| Vilas County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 138,000 |
| Walworth County Wisconsin | 1 | $ 45,000 | $ 45,000 | $ 53,000 |
| Washburn County Wisconsin | 1 | $ 465,000 | $ 465,000 | $ 240,000 |
Mortgage Loan Application Detail Totals for Altra 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 Purchase | 1,135 | $284,225,000 | $250,000 | $8,585,000 | $123,000 | $1,057,000 |
| Home Improvement | 691 | $44,035,000 | $63,000 | $565,000 | $118,000 | $1,477,000 |
| Other Purpose | 636 | $46,160,000 | $72,000 | $1,805,000 | $109,000 | $900,000 |
| Refinancing | 531 | $95,675,000 | $180,000 | $1,215,000 | $118,000 | $716,000 |
| Cash-out Refinancing | 133 | $52,005,000 | $391,000 | $5,265,000 | $116,000 | $460,000 |
| 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 | 2,505 | $391,935,000 | $156,000 | $5,265,000 | $116,000 | $1,477,000 |
| Not Provided | 280 | $64,770,000 | $231,000 | $2,875,000 | $142,000 | $690,000 |
| Hispanic | 146 | $25,390,000 | $173,000 | $1,315,000 | $102,000 | $445,000 |
| Black or African American | 94 | $10,750,000 | $114,000 | $445,000 | $112,000 | $532,000 |
| Asian | 63 | $10,015,000 | $158,000 | $1,265,000 | $125,000 | $833,000 |
| Not applicable | 19 | $14,725,000 | $775,000 | $8,585,000 | $0 | $0 |
| American Indian or Alaskan Native | 10 | $1,090,000 | $109,000 | $295,000 | $103,000 | $240,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $315,000 | $105,000 | $135,000 | $140,000 | $216,000 |
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) | 3,083 | $510,135,000 | $165,000 | $8,585,000 | $118,000 | $1,477,000 |
| FHA-insured (Federal Housing Administration) | 24 | $5,780,000 | $240,000 | $445,000 | $90,000 | $209,000 |
| VA-guaranteed (Veterans Administration) | 19 | $6,185,000 | $325,000 | $575,000 | $108,000 | $254,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 2,639 | $447,995,000 | $169,000 | $8,585,000 | $119,000 | $1,057,000 |
| Application Denied By Financial Institution | 258 | $24,580,000 | $95,000 | $705,000 | $85,000 | $913,000 |
| Application Withdrawn By Applicant | 147 | $40,575,000 | $276,000 | $1,805,000 | $145,000 | $1,477,000 |
| Application Approved But Not Accepted | 61 | $6,295,000 | $103,000 | $425,000 | $125,000 | $605,000 |
| File Closed For Incompleteness | 21 | $2,655,000 | $126,000 | $635,000 | $136,000 | $644,000 |
| 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 | 2,868 | $497,520,000 | $173,000 | $8,585,000 | $121,000 | $1,477,000 |
| Credit History | 77 | $5,935,000 | $77,000 | $705,000 | $93,000 | $436,000 |
| Debt-To-Income Ratio | 71 | $8,955,000 | $126,000 | $475,000 | $52,000 | $148,000 |
| Other | 69 | $5,605,000 | $81,000 | $365,000 | $89,000 | $299,000 |
| Collateral | 23 | $2,025,000 | $88,000 | $285,000 | $125,000 | $913,000 |
| Unverifiable Information | 16 | $1,760,000 | $110,000 | $395,000 | $117,000 | $383,000 |
| Employment History | 2 | $300,000 | $150,000 | $245,000 | $63,000 | $72,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Altra 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 Altra 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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