Bethpage Federal Credit Union Mortgage Lending & HMDA Data, 2010

In 2010, Bethpage Federal Credit Union of Bethpage, NY reported 5,604 mortgage applications totaling $1.5 billion, down 14% from 2009. The average application was for $272,580, and applicants reported an average income of $141,238. 61% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Nassau-Suffolk, NY (4,787), New York-White Plains-Wayne, NY-NJ (298) and Palm Bay-Melbourne-Titusville, FL (28) (applications in parentheses).

Mortgage Company & Address Bethpage Federal Credit Union
899 South Oyster Bay Road
Bethpage, NY 11714
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 5,604
Total Mortgage Loan Application Amount $1,527,541,000
Average Mortgage Loan Application Amount $272,580
Highest Mortgage Loan Application Amount $2,725,000
Average Applicant Income $141,238
Highest Applicant Income $6,954,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Bethpage Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Bethpage Federal Credit Union by County in 2010

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Suffolk, New York 2,487 $ 661,784,000 $ 266,097 $ 135,000
Nassau, New York 2,300 $ 644,274,000 $ 280,119 $ 141,000
Queens, New York 154 $ 42,583,000 $ 276,512 $ 99,000
New York, New York 41 $ 36,742,000 $ 896,146 $ 637,000
Kings, New York 39 $ 16,196,000 $ 415,282 $ 137,000
Brevard, Florida 28 $ 5,371,000 $ 191,821 $ 117,000
Westchester, New York 25 $ 10,822,000 $ 432,880 $ 368,000
Fairfield, Connecticut 15 $ 10,565,000 $ 704,333 $ 446,000
Wake, North Carolina 12 $ 2,601,000 $ 216,750 $ 117,000
Bronx, New York 11 $ 2,707,000 $ 246,090 $ 102,000
Collier, Florida 10 $ 2,710,000 $ 271,000 $ 200,000
Martin, Florida 10 $ 1,632,000 $ 163,200 $ 110,000
Palm Beach, Florida 10 $ 1,852,000 $ 185,200 $ 120,000
Ocean, New Jersey 10 $ 3,178,000 $ 317,800 $ 221,000
St. Johns, Florida 9 $ 2,196,000 $ 244,000 $ 148,000
Monmouth, New Jersey 8 $ 2,650,000 $ 331,250 $ 142,000
Rockland, New York 8 $ 2,445,000 $ 305,625 $ 154,000
Horry, South Carolina 8 $ 1,222,000 $ 152,750 $ 112,000
Bergen, New Jersey 7 $ 2,189,000 $ 312,714 $ 153,000
New Haven, Connecticut 6 $ 1,177,000 $ 196,166 $ 161,000
Broward, Florida 6 $ 1,262,000 $ 210,333 $ 141,000
Burlington, New Jersey 6 $ 1,331,000 $ 221,833 $ 171,000
Middlesex, New Jersey 6 $ 1,442,000 $ 240,333 $ 111,000
Delaware, New York 6 $ 640,000 $ 106,666 $ 123,000
Greene, New York 6 $ 1,134,000 $ 189,000 $ 229,000
Richmond, New York 6 $ 1,222,000 $ 203,666 $ 79,000
Monroe, Pennsylvania 6 $ 881,000 $ 146,833 $ 74,000
Loudoun, Virginia 6 $ 1,951,000 $ 325,166 $ 155,000
Hartford, Connecticut 5 $ 910,000 $ 182,000 $ 144,000
Volusia, Florida 5 $ 681,000 $ 136,200 $ 139,000
Gwinnett, Georgia 5 $ 757,000 $ 151,400 $ 72,000
Middlesex, Massachusetts 5 $ 1,577,000 $ 315,400 $ 171,000
Orange, New York 5 $ 1,532,000 $ 306,400 $ 113,000
Ulster, New York 5 $ 1,010,000 $ 202,000 $ 95,000
Prince William, Virginia 5 $ 1,283,000 $ 256,600 $ 145,000
Lee, Florida 4 $ 576,000 $ 144,000 $ 165,000
Orange, Florida 4 $ 707,000 $ 176,750 $ 102,000
Pasco, Florida 4 $ 470,000 $ 117,500 $ 149,000
St. Lucie, Florida 4 $ 481,000 $ 120,250 $ 63,000
Cobb, Georgia 4 $ 713,000 $ 178,250 $ 119,000
Worcester, Massachusetts 4 $ 828,000 $ 207,000 $ 111,000
Lehigh, Pennsylvania 4 $ 841,000 $ 210,250 $ 122,000
Wayne, Pennsylvania 4 $ 890,000 $ 222,500 $ 227,000
King, Washington 4 $ 1,287,000 $ 321,750 $ 148,000
Los Angeles, California 3 $ 694,000 $ 231,333 $ 173,000
Hernando, Florida 3 $ 306,000 $ 102,000 $ 45,000
Hillsborough, Florida 3 $ 476,000 $ 158,666 $ 106,000
Pinellas, Florida 3 $ 339,000 $ 113,000 $ 102,000
Chatham, Georgia 3 $ 389,000 $ 129,666 $ 88,000
Cumberland, Maine 3 $ 806,000 $ 268,666 $ 220,000
Essex, New Jersey 3 $ 756,000 $ 252,000 $ 122,000
Gloucester, New Jersey 3 $ 724,000 $ 241,333 $ 104,000
Hudson, New Jersey 3 $ 1,058,000 $ 352,666 $ 195,000
Columbia, New York 3 $ 779,000 $ 259,666 $ 224,000
Putnam, New York 3 $ 499,000 $ 166,333 $ 141,000
Warren, New York 3 $ 514,000 $ 171,333 $ 101,000
Pike, Pennsylvania 3 $ 466,000 $ 155,333 $ 154,000
Beaufort, South Carolina 3 $ 523,000 $ 174,333 $ 93,000
Henrico, Virginia 3 $ 706,000 $ 235,333 $ 122,000
Litchfield, Connecticut 2 $ 512,000 $ 256,000 $ 108,000
New London, Connecticut 2 $ 398,000 $ 199,000 $ 54,000
District of Columbia, District Of Columbia 2 $ 306,000 $ 153,000 $ 100,000
Flagler, Florida 2 $ 256,000 $ 128,000 $ 85,000
Cook, Illinois 2 $ 300,000 $ 150,000 $ 196,000
Howard, Maryland 2 $ 819,000 $ 409,500 $ 150,000
Montgomery, Maryland 2 $ 614,000 $ 307,000 $ 169,000
Wright, Minnesota 2 $ 214,000 $ 107,000 $ 75,000
Hillsborough, New Hampshire 2 $ 276,000 $ 138,000 $ 118,000
Mercer, New Jersey 2 $ 474,000 $ 237,000 $ 147,000
Morris, New Jersey 2 $ 617,000 $ 308,500 $ 208,000
Somerset, New Jersey 2 $ 914,000 $ 457,000 $ 207,000
Union, New Jersey 2 $ 360,000 $ 180,000 $ 169,000
Warren, New Jersey 2 $ 382,000 $ 191,000 $ 75,000
Albany, New York 2 $ 270,000 $ 135,000 $ 52,000
Dutchess, New York 2 $ 552,000 $ 276,000 $ 79,000
Oneida, New York 2 $ 583,000 $ 291,500 $ 118,000
Saratoga, New York 2 $ 737,000 $ 368,500 $ 152,000
Brunswick, North Carolina 2 $ 485,000 $ 242,500 $ 171,000
Johnston, North Carolina 2 $ 327,000 $ 163,500 $ 15,000
Pamlico, North Carolina 2 $ 520,000 $ 260,000 $ 51,000
Chester, Pennsylvania 2 $ 355,000 $ 177,500 $ 149,000
Northampton, Pennsylvania 2 $ 552,000 $ 276,000 $ 103,000
Hamilton, Tennessee 2 $ 277,000 $ 138,500 $ 46,000
Shenandoah, Virginia 2 $ 355,000 $ 177,500 $ 112,000
Virginia Beach, Virginia 2 $ 683,000 $ 341,500 $ 165,000
Dallas, Alabama 1 $ 65,000 $ 65,000 $ 52,000
Maricopa, Arizona 1 $ 261,000 $ 261,000 $ 146,000
Alameda, California 1 $ 310,000 $ 310,000 $ 207,000
San Mateo, California 1 $ 675,000 $ 675,000 $ 199,000
Santa Clara, California 1 $ 544,000 $ 544,000 $ 130,000
Stanislaus, California 1 $ 276,000 $ 276,000 $ 155,000
Ventura, California 1 $ 225,000 $ 225,000 $ 64,000
Adams, Colorado 1 $ 152,000 $ 152,000 $ 45,000
El Paso, Colorado 1 $ 97,000 $ 97,000 $ 75,000
Montezuma, Colorado 1 $ 48,000 $ 48,000 $ 60,000
Kent, Delaware 1 $ 195,000 $ 195,000 $ 63,000
New Castle, Delaware 1 $ 405,000 $ 405,000 $ 208,000
Charlotte, Florida 1 $ 105,000 $ 105,000 $ 85,000
Duval, Florida 1 $ 267,000 $ 267,000 $ 83,000
Manatee, Florida 1 $ 188,000 $ 188,000 $ 83,000
Marion, Florida 1 $ 62,000 $ 62,000 $ 57,000
Miami-Dade, Florida 1 $ 335,000 $ 335,000 $ 95,000
Osceola, Florida 1 $ 347,000 $ 347,000 $ 319,000
Sarasota, Florida 1 $ 95,000 $ 95,000 $ 195,000
Seminole, Florida 1 $ 63,000 $ 63,000 $ 48,000
Sumter, Florida 1 $ 130,000 $ 130,000 $ 85,000
Clayton, Georgia 1 $ 98,000 $ 98,000 $ 50,000
Effingham, Georgia 1 $ 91,000 $ 91,000 $ 112,000
Fayette, Georgia 1 $ 219,000 $ 219,000 $ 145,000
Paulding, Georgia 1 $ 85,000 $ 85,000 $ 36,000
Will, Illinois 1 $ 347,000 $ 347,000 $ 110,000
Shelby, Indiana 1 $ 412,000 $ 412,000 $ 259,000
Jefferson, Kentucky 1 $ 276,000 $ 276,000 $ 331,000
Kennebec, Maine 1 $ 216,000 $ 216,000 $ 292,000
Calvert, Maryland 1 $ 400,000 $ 400,000 $ 44,000
Harford, Maryland 1 $ 298,000 $ 298,000 $ 135,000
Prince George's, Maryland 1 $ 146,000 $ 146,000 $ 101,000
Barnstable, Massachusetts 1 $ 700,000 $ 700,000 $ 700,000
Berkshire, Massachusetts 1 $ 110,000 $ 110,000 $ 148,000
Hampshire, Massachusetts 1 $ 285,000 $ 285,000 $ 212,000
Norfolk, Massachusetts 1 $ 239,000 $ 239,000 $ 150,000
Suffolk, Massachusetts 1 $ 277,000 $ 277,000 $ 89,000
Belknap, New Hampshire 1 $ 160,000 $ 160,000 $ 59,000
Cheshire, New Hampshire 1 $ 250,000 $ 250,000 $ 163,000
Camden, New Jersey 1 $ 156,000 $ 156,000 $ 93,000
Hunterdon, New Jersey 1 $ 136,000 $ 136,000 $ 180,000
Passaic, New Jersey 1 $ 417,000 $ 417,000 $ 450,000
Broome, New York 1 $ 87,000 $ 87,000 $ 75,000
Erie, New York 1 $ 69,000 $ 69,000 $ 231,000
Genesee, New York 1 $ 145,000 $ 145,000 $ 86,000
Hamilton, New York 1 $ 172,000 $ 172,000 $ 181,000
Monroe, New York 1 $ 118,000 $ 118,000 $ 45,000
Onondaga, New York 1 $ 141,000 $ 141,000 $ 98,000
Otsego, New York 1 $ 146,000 $ 146,000 $ 44,000
Rensselaer, New York 1 $ 385,000 $ 385,000 $ 104,000
Sullivan, New York 1 $ 417,000 $ 417,000 $ 263,000
Washington, New York 1 $ 194,000 $ 194,000 $ 238,000
Yates, New York 1 $ 170,000 $ 170,000 $ 73,000
Avery, North Carolina 1 $ 275,000 $ 275,000 $ 88,000
Chatham, North Carolina 1 $ 147,000 $ 147,000 $ 51,000
Durham, North Carolina 1 $ 115,000 $ 115,000 $ 90,000
Forsyth, North Carolina 1 $ 126,000 $ 126,000 $ 143,000
Gaston, North Carolina 1 $ 156,000 $ 156,000 $ 165,000
Guilford, North Carolina 1 $ 369,000 $ 369,000 $ 198,000
Mecklenburg, North Carolina 1 $ 264,000 $ 264,000 $ 99,000
Nash, North Carolina 1 $ 150,000 $ 150,000 $ 75,000
Pender, North Carolina 1 $ 225,000 $ 225,000 $ 87,000
Union, North Carolina 1 $ 179,000 $ 179,000 $ 49,000
Cuyahoga, Ohio 1 $ 55,000 $ 55,000 $ 111,000
Geauga, Ohio 1 $ 327,000 $ 327,000 $ 174,000
Greene, Ohio 1 $ 325,000 $ 325,000 $ 201,000
Lucas, Ohio 1 $ 125,000 $ 125,000 $ 55,000
Washita, Oklahoma 1 $ 50,000 $ 50,000 $ 44,000
Clackamas, Oregon 1 $ 417,000 $ 417,000 $ 192,000
Polk, Oregon 1 $ 316,000 $ 316,000 $ 102,000
Allegheny, Pennsylvania 1 $ 119,000 $ 119,000 $ 108,000
Berks, Pennsylvania 1 $ 149,000 $ 149,000 $ 92,000
Carbon, Pennsylvania 1 $ 153,000 $ 153,000 $ 122,000
Columbia, Pennsylvania 1 $ 215,000 $ 215,000 $ 121,000
Lycoming, Pennsylvania 1 $ 78,000 $ 78,000 $ 45,000
Perry, Pennsylvania 1 $ 88,000 $ 88,000 $ 59,000
Philadelphia, Pennsylvania 1 $ 330,000 $ 330,000 $ 91,000
Washington, Pennsylvania 1 $ 106,000 $ 106,000 $ 195,000
Westmoreland, Pennsylvania 1 $ 120,000 $ 120,000 $ 34,000
York, Pennsylvania 1 $ 175,000 $ 175,000 $ 91,000
Richland, South Carolina 1 $ 264,000 $ 264,000 $ 49,000
Rutherford, Tennessee 1 $ 190,000 $ 190,000 $ 84,000
Sequatchie, Tennessee 1 $ 162,000 $ 162,000 $ 125,000
Bennington, Vermont 1 $ 283,000 $ 283,000 $ 224,000
Franklin, Vermont 1 $ 202,000 $ 202,000 $ 69,000
Windham, Vermont 1 $ 224,000 $ 224,000 $ 182,000
Alexandria, Virginia 1 $ 181,000 $ 181,000 $ 112,000
Arlington, Virginia 1 $ 345,000 $ 345,000 $ 105,000
Chesapeake, Virginia 1 $ 160,000 $ 160,000 $ 102,000
Fairfax, Virginia 1 $ 175,000 $ 175,000 $ 50,000
Fauquier, Virginia 1 $ 335,000 $ 335,000 $ 133,000
James City, Virginia 1 $ 244,000 $ 244,000 $ 95,000
Norfolk, Virginia 1 $ 181,000 $ 181,000 $ 91,000
Spotsylvania, Virginia 1 $ 250,000 $ 250,000 $ 426,000
Stafford, Virginia 1 $ 338,000 $ 338,000 $ 270,000
Snohomish, Washington 1 $ 275,000 $ 275,000 $ 142,000
Harrison, West Virginia 1 $ 175,000 $ 175,000 $ 74,000
Milwaukee, Wisconsin 1 $ 500,000 $ 500,000 $ 600,000

Mortgage Loan Application Detail Totals for Bethpage Federal Credit Union in 2010

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 4,581 $1,241,885,000 $271,000 $2,725,000 $143,000 $3,589,000
Home Purchase 932 $280,465,000 $300,000 $2,070,000 $137,000 $6,954,000
Home Improvement 91 $5,191,000 $57,000 $250,000 $96,000 $400,000

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 3,989 $1,076,878,000 $269,000 $2,725,000 $142,000 $3,589,000
Not Provided 964 $263,570,000 $273,000 $2,500,000 $140,000 $2,030,000
Asian 298 $98,779,000 $331,000 $2,365,000 $179,000 $6,954,000
Hispanic 202 $52,492,000 $259,000 $597,000 $111,000 $373,000
Black or African American 137 $32,859,000 $239,000 $624,000 $88,000 $315,000
Native Hawaiian or Other Pacific Islander 9 $2,204,000 $244,000 $384,000 $87,000 $170,000
American Indian or Alaskan Native 5 $759,000 $151,000 $209,000 $60,000 $70,000
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) 5,436 $1,474,247,000 $271,000 $2,725,000 $142,000 $6,954,000
FHA-insured (Federal Housing Administration) 168 $53,294,000 $317,000 $725,000 $102,000 $331,000
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 3,438 $892,303,000 $259,000 $2,500,000 $145,000 $6,954,000
Application Withdrawn By Applicant 1,252 $368,962,000 $294,000 $2,610,000 $145,000 $2,954,000
Application Denied By Financial Institution 526 $147,953,000 $281,000 $1,295,000 $105,000 $2,030,000
Application Approved But Not Accepted 300 $90,958,000 $303,000 $2,725,000 $140,000 $1,046,000
File Closed For Incompleteness 88 $27,365,000 $310,000 $1,100,000 $150,000 $650,000
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
Other 267 $77,153,000 $288,000 $1,295,000 $103,000 $2,030,000
Debt-To-Income Ratio 121 $33,283,000 $275,000 $1,142,000 $81,000 $420,000
Collateral 60 $18,517,000 $308,000 $1,120,000 $135,000 $881,000
Credit History 47 $9,486,000 $201,000 $1,290,000 $127,000 $1,025,000
Credit Application Incomplete 15 $3,934,000 $262,000 $417,000 $116,000 $205,000
Unverifiable Information 9 $3,224,000 $358,000 $1,000,000 $139,000 $336,000
Employment History 1 $417,000 $417,000 $417,000 $181,000 $181,000
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 Bethpage Federal Credit Union's 2010 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 Bethpage 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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