Campus Federal Credit Union Mortgage Lending & HMDA Data, 2010

In 2010, Campus Federal Credit Union of Baton Rouge, LA reported 403 mortgage applications totaling $33.7 million, down 9% from 2009. The average application was for $83,697, and applicants reported an average income of $103,933. 62% of its applications resulted in an originated loan and 18% were denied. Its largest markets were Baton Rouge, LA (256), Shreveport-Bossier City, LA (79) and New Orleans-Metairie-Kenner, LA (41) (applications in parentheses).

Mortgage Company & Address Campus Federal Credit Union
6230 Perkins Road
Baton Rouge, LA 70808
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 403
Total Mortgage Loan Application Amount $33,730,000
Average Mortgage Loan Application Amount $83,697
Highest Mortgage Loan Application Amount $1,000,000
Average Applicant Income $103,933
Highest Applicant Income $993,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Campus Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Campus 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
East Baton Rouge, Louisiana 186 $ 17,267,000 $ 92,833 $ 111,000
Caddo, Louisiana 67 $ 3,627,000 $ 54,134 $ 100,000
Ascension, Louisiana 32 $ 2,170,000 $ 67,812 $ 109,000
Orleans, Louisiana 20 $ 2,290,000 $ 114,500 $ 119,000
Livingston, Louisiana 16 $ 1,810,000 $ 113,125 $ 102,000
Jefferson, Louisiana 11 $ 638,000 $ 58,000 $ 129,000
Bossier, Louisiana 10 $ 788,000 $ 78,800 $ 66,000
Iberville, Louisiana 9 $ 846,000 $ 94,000 $ 76,000
St. Tammany, Louisiana 7 $ 228,000 $ 32,571 $ 52,000
West Baton Rouge, Louisiana 7 $ 699,000 $ 99,857 $ 70,000
Pointe Coupee, Louisiana 3 $ 211,000 $ 70,333 $ 57,000
DeKalb, Georgia 2 $ 7,000 $ 3,500 $ 53,000
De Soto, Louisiana 2 $ 17,000 $ 8,500 $ 67,000
Iberia, Louisiana 2 $ 406,000 $ 203,000 $ 76,000
St. John the Baptist, Louisiana 2 $ 219,000 $ 109,500 $ 109,000
Washington, Louisiana 2 $ 5,000 $ 2,500 $ 46,000
West Feliciana, Louisiana 2 $ 174,000 $ 87,000 $ 73,000
Shelby, Alabama 1 $ 25,000 $ 25,000 $ 103,000
Broward, Florida 1 $ 59,000 $ 59,000 $ 200,000
Acadia, Louisiana 1 $ 3,000 $ 3,000 $ 71,000
Assumption, Louisiana 1 $ 278,000 $ 278,000 $ 100,000
Claiborne, Louisiana 1 $ 60,000 $ 60,000 $ 142,000
East Feliciana, Louisiana 1 $ 40,000 $ 40,000 $ 38,000
Lafayette, Louisiana 1 $ 15,000 $ 15,000 $ 92,000
Lafourche, Louisiana 1 $ 40,000 $ 40,000 $ 114,000
Ouachita, Louisiana 1 $ 194,000 $ 194,000 $ 109,000
Red River, Louisiana 1 $ 86,000 $ 86,000 $ 105,000
Sabine, Louisiana 1 $ 59,000 $ 59,000 $ 365,000
St. Charles, Louisiana 1 $ 44,000 $ 44,000 $ 84,000
St. Landry, Louisiana 1 $ 20,000 $ 20,000 $ 122,000
St. Martin, Louisiana 1 $ 49,000 $ 49,000 $ 113,000
Tangipahoa, Louisiana 1 $ 1,000,000 $ 1,000,000 $ 0
Terrebonne, Louisiana 1 $ 26,000 $ 26,000 $ 286,000
Vermilion, Louisiana 1 $ 90,000 $ 90,000 $ 46,000
West Carroll, Louisiana 1 $ 31,000 $ 31,000 $ 27,000
Baltimore City, Maryland 1 $ 7,000 $ 7,000 $ 69,000
Pearl River, Mississippi 1 $ 5,000 $ 5,000 $ 57,000
Fort Bend, Texas 1 $ 15,000 $ 15,000 $ 82,000
Galveston, Texas 1 $ 69,000 $ 69,000 $ 59,000
Harrison, Texas 1 $ 113,000 $ 113,000 $ 117,000

Mortgage Loan Application Detail Totals for Campus 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
Home Improvement 200 $3,999,000 $19,000 $408,000 $81,000 $295,000
Refinancing 141 $18,912,000 $134,000 $428,000 $125,000 $811,000
Home Purchase 62 $10,819,000 $174,000 $1,000,000 $130,000 $993,000

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 275 $25,951,000 $94,000 $428,000 $119,000 $993,000
Black or African American 94 $2,695,000 $28,000 $280,000 $63,000 $245,000
Asian 21 $2,475,000 $117,000 $350,000 $104,000 $320,000
Not applicable 7 $1,798,000 $256,000 $1,000,000 $0 $0
Hispanic 6 $811,000 $135,000 $417,000 $153,000 $360,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Not Provided 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) 403 $33,730,000 $83,000 $1,000,000 $104,000 $993,000
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 251 $16,529,000 $65,000 $428,000 $111,000 $993,000
Application Withdrawn By Applicant 81 $10,161,000 $125,000 $417,000 $112,000 $512,000
Application Denied By Financial Institution 71 $7,040,000 $99,000 $1,000,000 $70,000 $200,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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
Debt-To-Income Ratio 30 $2,528,000 $84,000 $400,000 $60,000 $148,000
Credit History 24 $1,947,000 $81,000 $386,000 $77,000 $150,000
Collateral 13 $1,291,000 $99,000 $280,000 $89,000 $200,000
Insufficient Cash (Downpayment, Closing Cost) 2 $1,004,000 $502,000 $1,000,000 $13,000 $26,000
Other 2 $270,000 $135,000 $255,000 $82,000 $90,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Campus 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 Campus 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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