Andrews Federal Credit Union Mortgage Lending & HMDA Data, 2016

In 2016, Andrews Federal Credit Union of Suitland, MD reported 3,412 mortgage applications totaling $763.2 million, up 17% from 2015. The average application was for $223,681, and applicants reported an average income of $12,985. 8% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Washington-Arlington-Alexandria, DC-VA-MD-WV (601), Columbus, OH (301) and Raleigh, NC (231) (applications in parentheses).

Mortgage Company & Address Andrews Federal Credit Union
5711 Allentown Road
Suitland, MD 20746
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 3,412
Total Mortgage Loan Application Amount $763,202,000
Average Mortgage Loan Application Amount $223,681
Highest Mortgage Loan Application Amount $1,202,000
Average Applicant Income $12,985
Highest Applicant Income $688,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Andrews Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Andrews Federal Credit Union by Metropolitan Area in 2016

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Washington-Arlington-Alexandria, DC-VA-MD-WV 601 $ 180,415,000 $ 300,191 $ 30,580
Columbus, OH 301 $ 54,848,000 $ 182,219 $ 0
Raleigh, NC 231 $ 55,221,000 $ 239,051 $ 0
Charlotte-Concord-Gastonia, NC-SC 202 $ 46,659,000 $ 230,985 $ 0
Akron, OH 192 $ 29,013,000 $ 151,109 $ 0
Atlanta-Sandy Springs-Roswell, GA 129 $ 28,869,000 $ 223,790 $ 10,000
Cleveland-Elyria, OH 112 $ 18,542,000 $ 165,553 $ 0
Canton-Massillon, OH 99 $ 14,111,000 $ 142,535 $ 0
Tampa-St. Petersburg-Clearwater, FL 97 $ 19,511,000 $ 201,144 $ 0
Cincinnati, OH-KY-IN 96 $ 18,648,000 $ 194,250 $ 854
Silver Spring-Frederick-Rockville, MD 87 $ 29,068,000 $ 334,114 $ 29,000
Baltimore-Columbia-Towson, MD 85 $ 22,035,000 $ 259,235 $ 22,000
Montgomery County-Bucks County-Chester County, PA 85 $ 29,752,000 $ 350,023 $ 4,000
Durham-Chapel Hill, NC 75 $ 15,770,000 $ 210,266 $ 3,000
Mobile, AL 68 $ 9,565,000 $ 140,661 $ 3,000
Camden, NJ 53 $ 9,413,000 $ 177,603 $ 75,000
Chicago-Naperville-Arlington Heights, IL 30 $ 5,784,000 $ 192,800 $ 10,000
Orlando-Kissimmee-Sanford, FL 26 $ 5,838,000 $ 224,538 $ 3,000
Salisbury, MD-DE 25 $ 7,864,000 $ 314,560 $ 23,040
New York-Jersey City-White Plains, NY-NJ 24 $ 5,595,000 $ 233,125 $ 24,416
Reading, PA 24 $ 3,548,000 $ 147,833 $ 0
Denver-Aurora-Lakewood, CO 23 $ 5,316,000 $ 231,130 $ 16,000
East Stroudsburg, PA 23 $ 2,940,000 $ 127,826 $ 0
Athens-Clarke County, GA 21 $ 4,139,000 $ 197,095 $ 0
Allentown-Bethlehem-Easton, PA-NJ 17 $ 2,673,000 $ 157,235 $ 0
Newark, NJ-PA 17 $ 5,070,000 $ 298,235 $ 32,882
Pittsburgh, PA 17 $ 4,962,000 $ 291,882 $ 0
Richmond, VA 17 $ 3,308,000 $ 194,588 $ 15,000
West Palm Beach-Boca Raton-Delray Beach, FL 16 $ 4,092,000 $ 255,750 $ 9,000
Miami-Miami Beach-Kendall, FL 15 $ 3,609,000 $ 240,600 $ 7,000
Nashville-Davidson--Murfreesboro--Franklin, TN 15 $ 2,898,000 $ 193,200 $ 16,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 14 $ 3,039,000 $ 217,071 $ 0
Virginia Beach-Norfolk-Newport News, VA-NC 14 $ 2,702,000 $ 193,000 $ 3,714
Jacksonville, FL 12 $ 3,009,000 $ 250,750 $ 18,000
North Port-Sarasota-Bradenton, FL 12 $ 2,250,000 $ 187,500 $ 0
Birmingham-Hoover, AL 11 $ 2,838,000 $ 258,000 $ 0
Myrtle Beach-Conway-North Myrtle Beach, SC-NC 11 $ 2,298,000 $ 208,909 $ 57,090
Philadelphia, PA 11 $ 2,993,000 $ 272,090 $ 7,000
Roanoke, VA 11 $ 1,773,000 $ 161,181 $ 7,000
Greensboro-High Point, NC 10 $ 2,021,000 $ 202,100 $ 6,000
Port St. Lucie, FL 9 $ 2,042,000 $ 226,888 $ 20,000
Winchester, VA-WV 9 $ 1,977,000 $ 219,666 $ 0
Youngstown-Warren-Boardman, OH-PA 9 $ 1,459,000 $ 162,111 $ 3,888
Dayton, OH 8 $ 965,000 $ 120,625 $ 3,000
Louisville/Jefferson County, KY-IN 8 $ 1,387,000 $ 173,375 $ 0
Cape Coral-Fort Myers, FL 7 $ 1,408,000 $ 201,142 $ 35,000
Gary, IN 7 $ 1,350,000 $ 192,857 $ 0
Indianapolis-Carmel-Anderson, IN 7 $ 1,226,000 $ 175,142 $ 0
Trenton, NJ 7 $ 1,312,000 $ 187,428 $ 53,000
Daphne-Fairhope-Foley, AL 6 $ 1,263,000 $ 210,500 $ 0
Hagerstown-Martinsburg, MD-WV 6 $ 661,000 $ 110,166 $ 38,000
Lake County-Kenosha County, IL-WI 6 $ 981,000 $ 163,500 $ 27,000
Lakeland-Winter Haven, FL 6 $ 882,000 $ 147,000 $ 0
Palm Bay-Melbourne-Titusville, FL 6 $ 1,197,000 $ 199,500 $ 46,000
Wilmington, NC 6 $ 970,000 $ 161,666 $ 0
Augusta-Richmond County, GA-SC 5 $ 886,000 $ 177,200 $ 73,000
Deltona-Daytona Beach-Ormond Beach, FL 5 $ 1,082,000 $ 216,400 $ 0
Los Angeles-Long Beach-Glendale, CA 5 $ 1,674,000 $ 334,800 $ 109,000
Memphis, TN-MS-AR 5 $ 1,228,000 $ 245,600 $ 0
Naples-Immokalee-Marco Island, FL 5 $ 1,278,000 $ 255,600 $ 0
New Orleans-Metairie, LA 5 $ 798,000 $ 159,600 $ 0
Asheville, NC 4 $ 1,124,000 $ 281,000 $ 0
Dallas-Plano-Irving, TX 4 $ 904,000 $ 226,000 $ 154,000
Elgin, IL 4 $ 1,181,000 $ 295,250 $ 0
Gainesville, GA 4 $ 840,000 $ 210,000 $ 0
Greenville, NC 4 $ 809,000 $ 202,250 $ 0
Huntington-Ashland, WV-KY-OH 4 $ 927,000 $ 231,750 $ 0
Knoxville, TN 4 $ 579,000 $ 144,750 $ 0
Lima, OH 4 $ 565,000 $ 141,250 $ 0
Riverside-San Bernardino-Ontario, CA 4 $ 943,000 $ 235,750 $ 27,000
Wilmington, DE-MD-NJ 4 $ 1,520,000 $ 380,000 $ 116,000
York-Hanover, PA 4 $ 499,000 $ 124,750 $ 0
California-Lexington Park, MD 3 $ 809,000 $ 269,666 $ 137,000
Charleston-North Charleston, SC 3 $ 1,084,000 $ 361,333 $ 0
Crestview-Fort Walton Beach-Destin, FL 3 $ 564,000 $ 188,000 $ 29,000
Greenville-Anderson-Mauldin, SC 3 $ 521,000 $ 173,666 $ 0
Harrisburg-Carlisle, PA 3 $ 546,000 $ 182,000 $ 0
Homosassa Springs, FL 3 $ 343,000 $ 114,333 $ 70,000
Lafayette, LA 3 $ 337,000 $ 112,333 $ 0
Lexington-Fayette, KY 3 $ 327,000 $ 109,000 $ 0
Lynchburg, VA 3 $ 518,000 $ 172,666 $ 0
Oakland-Hayward-Berkeley, CA 3 $ 1,002,000 $ 334,000 $ 50,000
Punta Gorda, FL 3 $ 554,000 $ 184,666 $ 0
Rocky Mount, NC 3 $ 517,000 $ 172,333 $ 0
Scranton--Wilkes-Barre--Hazleton, PA 3 $ 397,000 $ 132,333 $ 0
Burlington, NC 2 $ 502,000 $ 251,000 $ 122,000
Charlottesville, VA 2 $ 799,000 $ 399,500 $ 0
Chattanooga, TN-GA 2 $ 294,000 $ 147,000 $ 0
Clarksville, TN-KY 2 $ 185,000 $ 92,500 $ 38,500
Columbia, SC 2 $ 295,000 $ 147,500 $ 39,000
El Paso, TX 2 $ 272,000 $ 136,000 $ 106,000
Fayetteville, NC 2 $ 379,000 $ 189,500 $ 99,000
Goldsboro, NC 2 $ 468,000 $ 234,000 $ 132,000
Harrisonburg, VA 2 $ 434,000 $ 217,000 $ 0
Hickory-Lenoir-Morganton, NC 2 $ 232,000 $ 116,000 $ 0
Hilton Head Island-Bluffton-Beaufort, SC 2 $ 359,000 $ 179,500 $ 0
Houma-Thibodaux, LA 2 $ 412,000 $ 206,000 $ 0
Huntsville, AL 2 $ 301,000 $ 150,500 $ 0
Lake Charles, LA 2 $ 324,000 $ 162,000 $ 0
Lancaster, PA 2 $ 380,000 $ 190,000 $ 0
Mansfield, OH 2 $ 155,000 $ 77,500 $ 0
Montgomery, AL 2 $ 300,000 $ 150,000 $ 19,000
Nassau County-Suffolk County, NY 2 $ 662,000 $ 331,000 $ 217,000
Ocala, FL 2 $ 137,000 $ 68,500 $ 0
Pensacola-Ferry Pass-Brent, FL 2 $ 334,000 $ 167,000 $ 0
Phoenix-Mesa-Scottsdale, AZ 2 $ 583,000 $ 291,500 $ 200,000
Rochester, MN 2 $ 691,000 $ 345,500 $ 310,000
Seattle-Bellevue-Everett, WA 2 $ 765,000 $ 382,500 $ 186,000
Sebastian-Vero Beach, FL 2 $ 349,000 $ 174,500 $ 84,000
State College, PA 2 $ 370,000 $ 185,000 $ 0
Syracuse, NY 2 $ 162,000 $ 81,000 $ 115,000
Toledo, OH 2 $ 307,000 $ 153,500 $ 0
Tucson, AZ 2 $ 335,000 $ 167,500 $ 65,000
Valdosta, GA 2 $ 358,000 $ 179,000 $ 0
Albuquerque, NM 1 $ 120,000 $ 120,000 $ 89,000
Alexandria, LA 1 $ 206,000 $ 206,000 $ 0
Anniston-Oxford-Jacksonville, AL 1 $ 200,000 $ 200,000 $ 0
Atlantic City-Hammonton, NJ 1 $ 50,000 $ 50,000 $ 109,000
Auburn-Opelika, AL 1 $ 118,000 $ 118,000 $ 0
Austin-Round Rock, TX 1 $ 99,000 $ 99,000 $ 29,000
Bakersfield, CA 1 $ 148,000 $ 148,000 $ 0
Baton Rouge, LA 1 $ 65,000 $ 65,000 $ 0
Bend-Redmond, OR 1 $ 100,000 $ 100,000 $ 60,000
Blacksburg-Christiansburg-Radford, VA 1 $ 255,000 $ 255,000 $ 0
Bloomsburg-Berwick, PA 1 $ 141,000 $ 141,000 $ 151,000
Boston, MA 1 $ 377,000 $ 377,000 $ 133,000
Boulder, CO 1 $ 257,000 $ 257,000 $ 0
Bowling Green, KY 1 $ 83,000 $ 83,000 $ 0
Brunswick, GA 1 $ 107,000 $ 107,000 $ 0
Cambridge-Newton-Framingham, MA 1 $ 440,000 $ 440,000 $ 192,000
Carbondale-Marion, IL 1 $ 191,000 $ 191,000 $ 0
Cleveland, TN 1 $ 176,000 $ 176,000 $ 0
Colorado Springs, CO 1 $ 154,000 $ 154,000 $ 0
Elizabethtown-Fort Knox, KY 1 $ 231,000 $ 231,000 $ 96,000
Erie, PA 1 $ 140,000 $ 140,000 $ 0
Eugene, OR 1 $ 15,000 $ 15,000 $ 34,000
Flint, MI 1 $ 50,000 $ 50,000 $ 40,000
Fort Wayne, IN 1 $ 195,000 $ 195,000 $ 0
Fort Worth-Arlington, TX 1 $ 499,000 $ 499,000 $ 160,000
Gettysburg, PA 1 $ 104,000 $ 104,000 $ 110,000
Grand Junction, CO 1 $ 133,000 $ 133,000 $ 0
Hammond, LA 1 $ 335,000 $ 335,000 $ 142,000
Hinesville, GA 1 $ 80,000 $ 80,000 $ 75,000
Jackson, TN 1 $ 166,000 $ 166,000 $ 0
Johnson City, TN 1 $ 288,000 $ 288,000 $ 0
Kahului-Wailuku-Lahaina, HI 1 $ 125,000 $ 125,000 $ 133,000
Kankakee, IL 1 $ 173,000 $ 173,000 $ 0
Kingsport-Bristol-Bristol, TN-VA 1 $ 121,000 $ 121,000 $ 0
Morristown, TN 1 $ 133,000 $ 133,000 $ 0
Ocean City, NJ 1 $ 100,000 $ 100,000 $ 104,000
Oxnard-Thousand Oaks-Ventura, CA 1 $ 258,000 $ 258,000 $ 0
Peoria, IL 1 $ 184,000 $ 184,000 $ 0
Portland-Vancouver-Hillsboro, OR-WA 1 $ 204,000 $ 204,000 $ 60,000
Providence-Warwick, RI-MA 1 $ 38,000 $ 38,000 $ 71,000
Sacramento--Roseville--Arden-Arcade, CA 1 $ 508,000 $ 508,000 $ 0
Salem, OR 1 $ 45,000 $ 45,000 $ 83,000
San Antonio-New Braunfels, TX 1 $ 10,000 $ 10,000 $ 38,000
San Diego-Carlsbad, CA 1 $ 580,000 $ 580,000 $ 0
Santa Cruz-Watsonville, CA 1 $ 437,000 $ 437,000 $ 0
Savannah, GA 1 $ 157,000 $ 157,000 $ 0
Sebring, FL 1 $ 70,000 $ 70,000 $ 0
South Bend-Mishawaka, IN-MI 1 $ 186,000 $ 186,000 $ 0
Spartanburg, SC 1 $ 214,000 $ 214,000 $ 0
Springfield, IL 1 $ 90,000 $ 90,000 $ 0
Springfield, MO 1 $ 96,000 $ 96,000 $ 44,000
Stockton-Lodi, CA 1 $ 313,000 $ 313,000 $ 0
Tallahassee, FL 1 $ 144,000 $ 144,000 $ 0
Warner Robins, GA 1 $ 143,000 $ 143,000 $ 0
Williamsport, PA 1 $ 195,000 $ 195,000 $ 0
Winston-Salem, NC 1 $ 95,000 $ 95,000 $ 0
Worcester, MA-CT 1 $ 17,000 $ 17,000 $ 107,000

Mortgage Loan Application Detail Totals for Andrews Federal Credit Union in 2016

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 1,942 $431,470,000 $222,000 $1,100,000 $6,000 $688,000
Refinancing 1,407 $328,454,000 $233,000 $1,202,000 $19,000 $458,000
Home Improvement 63 $3,278,000 $52,000 $557,000 $94,000 $325,000

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
Not applicable 3,035 $680,920,000 $224,000 $935,000 $0 $0
White 148 $34,528,000 $233,000 $1,100,000 $137,000 $688,000
Black or African American 98 $19,465,000 $198,000 $710,000 $109,000 $315,000
Not Provided 75 $15,477,000 $206,000 $514,000 $123,000 $458,000
Asian 29 $8,162,000 $281,000 $1,202,000 $117,000 $397,000
Hispanic 21 $3,293,000 $156,000 $557,000 $90,000 $210,000
Native Hawaiin or Other Pacific Islander 3 $650,000 $216,000 $330,000 $102,000 $114,000
American Indian or Alaskan Native 3 $707,000 $235,000 $336,000 $94,000 $127,000

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) 2,937 $670,663,000 $228,000 $1,202,000 $15,000 $688,000
FHA-insured (Federal Housing Administration) 362 $66,774,000 $184,000 $631,000 $0 $0
VA-guaranteed (Veterans Administration) 85 $22,097,000 $259,000 $651,000 $24,000 $245,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 28 $3,668,000 $131,000 $228,000 $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 Purchased By The Institution 3,035 $680,920,000 $224,000 $935,000 $0 $0
Loan Originated 265 $65,077,000 $245,000 $1,202,000 $128,000 $688,000
Application Withdrawn By Applicant 48 $11,222,000 $233,000 $540,000 $120,000 $315,000
Application Denied By Financial Institution 44 $3,715,000 $84,000 $520,000 $90,000 $328,000
File Closed For Incompleteness 20 $2,268,000 $113,000 $344,000 $119,000 $240,000
Application Approved But Not Accepted 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
Collateral 17 $2,280,000 $134,000 $520,000 $117,000 $328,000
Other 13 $709,000 $54,000 $207,000 $65,000 $136,000
Credit History 13 $567,000 $43,000 $180,000 $78,000 $148,000
Debt-To-Income Ratio 1 $159,000 $159,000 $159,000 $126,000 $126,000
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Andrews Federal Credit Union's 2016 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 Andrews 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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