Ashland Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Ashland 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 | Ashland Credit Union 1300 Central Ave Ashland, KY 41101 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 | 424 |
| Total Mortgage Loan Application Amount | $37,780,000 |
| Average Mortgage Loan Application Amount | $113,500 |
| Highest Mortgage Loan Application Amount | $765,000 |
| Average Applicant Income | $107,750 |
| Highest Applicant Income | $600,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 with Ashland 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 Ashland 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 Ashland 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 Ashland Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Ashland 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 Ashland 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 |
|---|---|---|---|---|
| Boyd County Kentucky | 93 | $ 5,825,000 | $ 62,000 | $ 92,000 |
| Greenup County Kentucky | 58 | $ 5,180,000 | $ 89,000 | $ 104,000 |
| Lawrence County Ohio | 43 | $ 4,535,000 | $ 105,000 | $ 105,000 |
| Washington County Minnesota | 26 | $ 2,730,000 | $ 105,000 | $ 134,000 |
| Carter County Kentucky | 8 | $ 590,000 | $ 73,000 | $ 99,000 |
| Fayette County Kentucky | 8 | $ 1,300,000 | $ 162,000 | $ 165,000 |
| Franklin County Ohio | 7 | $ 635,000 | $ 90,000 | $ 138,000 |
| Scioto County Ohio | 7 | $ 555,000 | $ 79,000 | $ 97,000 |
| Dakota County Minnesota | 5 | $ 375,000 | $ 75,000 | $ 120,000 |
| Harlan County Kentucky | 4 | $ 330,000 | $ 82,000 | $ 96,000 |
| Lawrence County Kentucky | 4 | $ 260,000 | $ 65,000 | $ 90,000 |
| Pike County Kentucky | 4 | $ 220,000 | $ 55,000 | $ 125,000 |
| Fayette County West Virginia | 4 | $ 260,000 | $ 65,000 | $ 109,000 |
| Logan County West Virginia | 4 | $ 210,000 | $ 52,000 | $ 71,000 |
| Marion County West Virginia | 4 | $ 250,000 | $ 62,000 | $ 85,000 |
| Raleigh County West Virginia | 4 | $ 200,000 | $ 50,000 | $ 120,000 |
| Wyoming County West Virginia | 4 | $ 180,000 | $ 45,000 | $ 95,000 |
| Johnson County Kentucky | 3 | $ 245,000 | $ 81,000 | $ 113,000 |
| Boone County West Virginia | 3 | $ 335,000 | $ 111,000 | $ 92,000 |
| Randolph County West Virginia | 3 | $ 245,000 | $ 81,000 | $ 93,000 |
| Upshur County West Virginia | 3 | $ 385,000 | $ 128,000 | $ 102,000 |
| Wayne County West Virginia | 3 | $ 315,000 | $ 105,000 | $ 97,000 |
| St. Croix County Wisconsin | 3 | $ 555,000 | $ 185,000 | $ 129,000 |
| Delta County Colorado | 2 | $ 110,000 | $ 55,000 | $ 83,000 |
| Brevard County Florida | 2 | $ 360,000 | $ 180,000 | $ 190,000 |
| Hernando County Florida | 2 | $ 490,000 | $ 245,000 | $ 86,000 |
| Fayette County Indiana | 2 | $ 210,000 | $ 105,000 | $ 174,000 |
| Jefferson County Kentucky | 2 | $ 120,000 | $ 60,000 | $ 137,000 |
| Martin County Kentucky | 2 | $ 130,000 | $ 65,000 | $ 125,000 |
| St. Tammany County Louisiana | 2 | $ 210,000 | $ 105,000 | $ 161,000 |
| Gogebic County Michigan | 2 | $ 100,000 | $ 50,000 | $ 135,000 |
| Scott County Minnesota | 2 | $ 330,000 | $ 165,000 | $ 165,000 |
| Morris County New Jersey | 2 | $ 350,000 | $ 175,000 | $ 198,000 |
| Madison County Ohio | 2 | $ 90,000 | $ 45,000 | $ 116,000 |
| Union County Ohio | 2 | $ 80,000 | $ 40,000 | $ 98,000 |
| Karnes County Texas | 2 | $ 200,000 | $ 100,000 | $ 100,000 |
| Chesterfield County Virginia | 2 | $ 180,000 | $ 90,000 | $ 121,000 |
| Barbour County West Virginia | 2 | $ 230,000 | $ 115,000 | $ 77,000 |
| Harrison County West Virginia | 2 | $ 120,000 | $ 60,000 | $ 160,000 |
| Mingo County West Virginia | 2 | $ 100,000 | $ 50,000 | $ 103,000 |
| Preston County West Virginia | 2 | $ 140,000 | $ 70,000 | $ 105,000 |
| Campbell County Wyoming | 2 | $ 100,000 | $ 50,000 | $ 97,000 |
| Madison County Alabama | 1 | $ 255,000 | $ 255,000 | $ 179,000 |
| Pinal County Arizona | 1 | $ 85,000 | $ 85,000 | $ 84,000 |
| Benton County Arkansas | 1 | $ 45,000 | $ 45,000 | $ 72,000 |
| Crawford County Arkansas | 1 | $ 45,000 | $ 45,000 | $ 183,000 |
| Lee County Arkansas | 1 | $ 55,000 | $ 55,000 | $ 108,000 |
| Washington County Arkansas | 1 | $ 125,000 | $ 125,000 | $ 215,000 |
| Orange County California | 1 | $ 45,000 | $ 45,000 | $ 131,000 |
| Montrose County Colorado | 1 | $ 85,000 | $ 85,000 | $ 90,000 |
| Charlotte County Florida | 1 | $ 55,000 | $ 55,000 | $ 145,000 |
| Flagler County Florida | 1 | $ 175,000 | $ 175,000 | $ 180,000 |
| Hillsborough County Florida | 1 | $ 55,000 | $ 55,000 | $ 202,000 |
| Lee County Florida | 1 | $ 45,000 | $ 45,000 | $ 127,000 |
| Marion County Florida | 1 | $ 55,000 | $ 55,000 | $ 106,000 |
| Palm Beach County Florida | 1 | $ 255,000 | $ 255,000 | $ 434,000 |
| Sarasota County Florida | 1 | $ 225,000 | $ 225,000 | $ 596,000 |
| Walton County Florida | 1 | $ 135,000 | $ 135,000 | $ 305,000 |
| Bulloch County Georgia | 1 | $ 75,000 | $ 75,000 | $ 74,000 |
| Cobb County Georgia | 1 | $ 255,000 | $ 255,000 | $ 107,000 |
| Floyd County Georgia | 1 | $ 65,000 | $ 65,000 | $ 83,000 |
| Forsyth County Georgia | 1 | $ 85,000 | $ 85,000 | $ 188,000 |
| Jasper County Georgia | 1 | $ 75,000 | $ 75,000 | $ 291,000 |
| Jefferson County Georgia | 1 | $ 765,000 | $ 765,000 | $ 600,000 |
| Troup County Georgia | 1 | $ 45,000 | $ 45,000 | $ 92,000 |
| Cook County Illinois | 1 | $ 45,000 | $ 45,000 | $ 140,000 |
| Will County Illinois | 1 | $ 35,000 | $ 35,000 | $ 62,000 |
| Dearborn County Indiana | 1 | $ 85,000 | $ 85,000 | $ 109,000 |
| Switzerland County Indiana | 1 | $ 105,000 | $ 105,000 | $ 72,000 |
| Kingman County Kansas | 1 | $ 25,000 | $ 25,000 | $ 47,000 |
| Lyon County Kansas | 1 | $ 185,000 | $ 185,000 | $ 52,000 |
| Bath County Kentucky | 1 | $ 115,000 | $ 115,000 | $ 182,000 |
| Bourbon County Kentucky | 1 | $ 155,000 | $ 155,000 | $ 269,000 |
| Clark County Kentucky | 1 | $ 255,000 | $ 255,000 | $ 174,000 |
| Jessamine County Kentucky | 1 | $ 105,000 | $ 105,000 | $ 121,000 |
| Kenton County Kentucky | 1 | $ 25,000 | $ 25,000 | $ 113,000 |
| Menifee County Kentucky | 1 | $ 65,000 | $ 65,000 | $ 76,000 |
| Montgomery County Kentucky | 1 | $ 45,000 | $ 45,000 | $ 119,000 |
| Morgan County Kentucky | 1 | $ 55,000 | $ 55,000 | $ 111,000 |
| Oldham County Kentucky | 1 | $ 95,000 | $ 95,000 | $ 147,000 |
| Rowan County Kentucky | 1 | $ 55,000 | $ 55,000 | $ 90,000 |
| Warren County Kentucky | 1 | $ 25,000 | $ 25,000 | $ 104,000 |
| Woodford County Kentucky | 1 | $ 85,000 | $ 85,000 | $ 128,000 |
| Tangipahoa County Louisiana | 1 | $ 65,000 | $ 65,000 | $ 127,000 |
| Anoka County Minnesota | 1 | $ 45,000 | $ 45,000 | $ 111,000 |
| Crow Wing County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 100,000 |
| Hennepin County Minnesota | 1 | $ 25,000 | $ 25,000 | $ 135,000 |
| Pine County Minnesota | 1 | $ 365,000 | $ 365,000 | $ 283,000 |
| Sherburne County Minnesota | 1 | $ 35,000 | $ 35,000 | $ 79,000 |
| Jasper County Missouri | 1 | $ 55,000 | $ 55,000 | $ 74,000 |
| Passaic County New Jersey | 1 | $ 95,000 | $ 95,000 | $ 148,000 |
| Lea County New Mexico | 1 | $ 35,000 | $ 35,000 | $ 164,000 |
| Randolph County North Carolina | 1 | $ 255,000 | $ 255,000 | $ 274,000 |
| Belmont County Ohio | 1 | $ 165,000 | $ 165,000 | $ 49,000 |
| Cuyahoga County Ohio | 1 | $ 125,000 | $ 125,000 | $ 62,000 |
| Delaware County Ohio | 1 | $ 85,000 | $ 85,000 | $ 127,000 |
| Gallia County Ohio | 1 | $ 55,000 | $ 55,000 | $ 89,000 |
| Greene County Ohio | 1 | $ 55,000 | $ 55,000 | $ 36,000 |
| Hocking County Ohio | 1 | $ 55,000 | $ 55,000 | $ 76,000 |
| Lorain County Ohio | 1 | $ 75,000 | $ 75,000 | $ 44,000 |
| Ottawa County Ohio | 1 | $ 55,000 | $ 55,000 | $ 59,000 |
| Stark County Ohio | 1 | $ 55,000 | $ 55,000 | $ 151,000 |
| Summit County Ohio | 1 | $ 55,000 | $ 55,000 | $ 80,000 |
| Trumbull County Ohio | 1 | $ 135,000 | $ 135,000 | $ 51,000 |
| Wayne County Ohio | 1 | $ 55,000 | $ 55,000 | $ 106,000 |
| Greene County Pennsylvania | 1 | $ 115,000 | $ 115,000 | $ 158,000 |
| Northampton County Pennsylvania | 1 | $ 25,000 | $ 25,000 | $ 164,000 |
| Westmoreland County Pennsylvania | 1 | $ 505,000 | $ 505,000 | $ 0 |
| Anderson County South Carolina | 1 | $ 45,000 | $ 45,000 | $ 71,000 |
| Fall River County South Dakota | 1 | $ 25,000 | $ 25,000 | $ 84,000 |
| Sumner County Tennessee | 1 | $ 65,000 | $ 65,000 | $ 105,000 |
| Harris County Texas | 1 | $ 115,000 | $ 115,000 | $ 100,000 |
| Sevier County Utah | 1 | $ 55,000 | $ 55,000 | $ 143,000 |
| Henrico County Virginia | 1 | $ 45,000 | $ 45,000 | $ 107,000 |
| Braxton County West Virginia | 1 | $ 55,000 | $ 55,000 | $ 139,000 |
| Cabell County West Virginia | 1 | $ 65,000 | $ 65,000 | $ 104,000 |
| Kanawha County West Virginia | 1 | $ 25,000 | $ 25,000 | $ 78,000 |
| Lincoln County West Virginia | 1 | $ 85,000 | $ 85,000 | $ 164,000 |
| McDowell County West Virginia | 1 | $ 95,000 | $ 95,000 | $ 136,000 |
| Mercer County West Virginia | 1 | $ 45,000 | $ 45,000 | $ 77,000 |
| Taylor County West Virginia | 1 | $ 155,000 | $ 155,000 | $ 118,000 |
| Pierce County Wisconsin | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Weston County Wyoming | 1 | $ 55,000 | $ 55,000 | $ 68,000 |
Mortgage Loan Application Detail Totals for Ashland 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 |
|---|---|---|---|---|---|---|
| Cash-out Refinancing | 342 | $26,460,000 | $77,000 | $765,000 | $118,000 | $600,000 |
| Home Purchase | 64 | $9,020,000 | $140,000 | $665,000 | $87,000 | $242,000 |
| Refinancing | 15 | $1,985,000 | $132,000 | $635,000 | $111,000 | $283,000 |
| Other Purpose | 3 | $315,000 | $105,000 | $255,000 | $115,000 | $196,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Home Improvement | 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 | 344 | $31,120,000 | $90,000 | $765,000 | $112,000 | $600,000 |
| Not Provided | 57 | $5,045,000 | $88,000 | $315,000 | $120,000 | $429,000 |
| Black or African American | 10 | $540,000 | $54,000 | $105,000 | $116,000 | $236,000 |
| Hispanic | 7 | $725,000 | $103,000 | $235,000 | $136,000 | $284,000 |
| Asian | 4 | $210,000 | $52,000 | $65,000 | $151,000 | $194,000 |
| American Indian or Alaskan Native | 2 | $140,000 | $70,000 | $115,000 | $47,000 | $50,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 394 | $34,200,000 | $86,000 | $765,000 | $116,000 | $600,000 |
| FHA-insured (Federal Housing Administration) | 22 | $2,290,000 | $104,000 | $275,000 | $79,000 | $242,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 4 | $490,000 | $122,000 | $165,000 | $50,000 | $65,000 |
| VA-guaranteed (Veterans Administration) | 4 | $800,000 | $200,000 | $415,000 | $87,000 | $105,000 |
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 | 223 | $20,295,000 | $91,000 | $665,000 | $124,000 | $596,000 |
| Application Denied By Financial Institution | 105 | $7,735,000 | $73,000 | $765,000 | $101,000 | $600,000 |
| Application Withdrawn By Applicant | 69 | $7,005,000 | $101,000 | $635,000 | $98,000 | $429,000 |
| Application Approved But Not Accepted | 14 | $1,650,000 | $117,000 | $505,000 | $94,000 | $156,000 |
| File Closed For Incompleteness | 13 | $1,095,000 | $84,000 | $255,000 | $121,000 | $408,000 |
| 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 | 319 | $30,045,000 | $94,000 | $665,000 | $117,000 | $596,000 |
| Credit History | 59 | $4,595,000 | $77,000 | $765,000 | $109,000 | $600,000 |
| Collateral | 24 | $1,410,000 | $58,000 | $155,000 | $111,000 | $431,000 |
| Debt-To-Income Ratio | 15 | $1,195,000 | $79,000 | $185,000 | $71,000 | $183,000 |
| Employment History | 2 | $120,000 | $60,000 | $65,000 | $49,000 | $68,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $190,000 | $95,000 | $135,000 | $36,000 | $51,000 |
| Credit Application Incomplete | 1 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 |
| Other | 1 | $115,000 | $115,000 | $115,000 | $0 | $0 |
| Unverifiable Information | 1 | $55,000 | $55,000 | $55,000 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Ashland 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 Ashland 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 Kentucky, download the full spreadsheet
with aggregated HMDA statistics today.