Dfcu Financial
HMDA Loan Application Totals
and Mortgage Lending Details
for 2022
Dfcu Financial 2022 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 | Dfcu Financial 400 Town Center Drive Dearborn, MI 48126 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 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 4,647 |
| Total Mortgage Loan Application Amount | $637,995,000 |
| Average Mortgage Loan Application Amount | $143,600 |
| Highest Mortgage Loan Application Amount | $1,005,000 |
| Average Applicant Income | $111,800 |
| Highest Applicant Income | $4,056,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2022 with Dfcu Financial. 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 Dfcu Financial's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2022 breaks down Dfcu Financial'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 Dfcu Financial serves its applicants.
Each category highlights the total number of mortgage applications processed by Dfcu Financial, 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 Dfcu Financial's mortgage activity for 2022.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Wayne County Michigan | 2,047 | $ 212,795,000 | $ 103,000 | $ 99,000 |
| Oakland County Michigan | 752 | $ 113,840,000 | $ 151,000 | $ 137,000 |
| Washtenaw County Michigan | 351 | $ 50,005,000 | $ 142,000 | $ 128,000 |
| Livingston County Michigan | 210 | $ 30,810,000 | $ 146,000 | $ 129,000 |
| Macomb County Michigan | 160 | $ 19,730,000 | $ 123,000 | $ 105,000 |
| Kent County Michigan | 139 | $ 9,365,000 | $ 67,000 | $ 74,000 |
| Monroe County Michigan | 62 | $ 8,260,000 | $ 133,000 | $ 110,000 |
| Ingham County Michigan | 52 | $ 2,140,000 | $ 41,000 | $ 80,000 |
| Jackson County Michigan | 25 | $ 3,465,000 | $ 138,000 | $ 89,000 |
| Lenawee County Michigan | 23 | $ 3,205,000 | $ 139,000 | $ 109,000 |
| Genesee County Michigan | 17 | $ 1,775,000 | $ 104,000 | $ 110,000 |
| Allegan County Michigan | 15 | $ 2,245,000 | $ 149,000 | $ 110,000 |
| Eaton County Michigan | 15 | $ 865,000 | $ 57,000 | $ 86,000 |
| Ottawa County Michigan | 15 | $ 2,025,000 | $ 135,000 | $ 121,000 |
| Clinton County Michigan | 11 | $ 885,000 | $ 80,000 | $ 87,000 |
| St. Clair County Michigan | 10 | $ 1,540,000 | $ 154,000 | $ 186,000 |
| Iosco County Michigan | 9 | $ 1,015,000 | $ 112,000 | $ 127,000 |
| Muskegon County Michigan | 9 | $ 1,175,000 | $ 130,000 | $ 95,000 |
| Newaygo County Michigan | 7 | $ 845,000 | $ 120,000 | $ 77,000 |
| Charlevoix County Michigan | 6 | $ 1,350,000 | $ 225,000 | $ 130,000 |
| Montcalm County Michigan | 6 | $ 260,000 | $ 43,000 | $ 61,000 |
| Roscommon County Michigan | 6 | $ 730,000 | $ 121,000 | $ 159,000 |
| Gladwin County Michigan | 5 | $ 965,000 | $ 193,000 | $ 163,000 |
| Lapeer County Michigan | 5 | $ 695,000 | $ 139,000 | $ 108,000 |
| Alcona County Michigan | 4 | $ 630,000 | $ 157,000 | $ 180,000 |
| Clare County Michigan | 4 | $ 370,000 | $ 92,000 | $ 65,000 |
| Emmet County Michigan | 4 | $ 840,000 | $ 210,000 | $ 230,000 |
| Hillsdale County Michigan | 4 | $ 940,000 | $ 235,000 | $ 196,000 |
| Kalamazoo County Michigan | 4 | $ 190,000 | $ 47,000 | $ 103,000 |
| Montmorency County Michigan | 4 | $ 680,000 | $ 170,000 | $ 187,000 |
| Otsego County Michigan | 4 | $ 790,000 | $ 197,000 | $ 132,000 |
| Shiawassee County Michigan | 4 | $ 420,000 | $ 105,000 | $ 59,000 |
| Barry County Michigan | 3 | $ 125,000 | $ 41,000 | $ 79,000 |
| Cheboygan County Michigan | 3 | $ 515,000 | $ 171,000 | $ 149,000 |
| Gratiot County Michigan | 3 | $ 165,000 | $ 55,000 | $ 51,000 |
| Ionia County Michigan | 3 | $ 125,000 | $ 41,000 | $ 69,000 |
| Ogemaw County Michigan | 3 | $ 305,000 | $ 101,000 | $ 76,000 |
| Sanilac County Michigan | 3 | $ 675,000 | $ 225,000 | $ 120,000 |
| Utah County Utah | 3 | $ 515,000 | $ 171,000 | $ 93,000 |
| Manatee County Florida | 2 | $ 20,000 | $ 10,000 | $ 117,000 |
| Antrim County Michigan | 2 | $ 300,000 | $ 150,000 | $ 173,000 |
| Arenac County Michigan | 2 | $ 240,000 | $ 120,000 | $ 140,000 |
| Bay County Michigan | 2 | $ 140,000 | $ 70,000 | $ 62,000 |
| Chippewa County Michigan | 2 | $ 220,000 | $ 110,000 | $ 66,000 |
| Kalkaska County Michigan | 2 | $ 210,000 | $ 105,000 | $ 144,000 |
| Mason County Michigan | 2 | $ 740,000 | $ 370,000 | $ 140,000 |
| Mecosta County Michigan | 2 | $ 300,000 | $ 150,000 | $ 109,000 |
| Missaukee County Michigan | 2 | $ 440,000 | $ 220,000 | $ 221,000 |
| Wexford County Michigan | 2 | $ 150,000 | $ 75,000 | $ 96,000 |
| Harris County Texas | 2 | $ 310,000 | $ 155,000 | $ 141,000 |
| Salt Lake County Utah | 2 | $ 290,000 | $ 145,000 | $ 129,000 |
| Los Angeles County California | 1 | $ 105,000 | $ 105,000 | $ 246,000 |
| San Diego County California | 1 | $ 205,000 | $ 205,000 | $ 324,000 |
| Denver County Colorado | 1 | $ 75,000 | $ 75,000 | $ 456,000 |
| Lee County Florida | 1 | $ 55,000 | $ 55,000 | $ 36,000 |
| Cook County Illinois | 1 | $ 5,000 | $ 5,000 | $ 90,000 |
| Barnstable County Massachusetts | 1 | $ 105,000 | $ 105,000 | $ 325,000 |
| Middlesex County Massachusetts | 1 | $ 305,000 | $ 305,000 | $ 474,000 |
| Plymouth County Massachusetts | 1 | $ 105,000 | $ 105,000 | $ 103,000 |
| Alpena County Michigan | 1 | $ 85,000 | $ 85,000 | $ 64,000 |
| Benzie County Michigan | 1 | $ 45,000 | $ 45,000 | $ 64,000 |
| Berrien County Michigan | 1 | $ 175,000 | $ 175,000 | $ 65,000 |
| Branch County Michigan | 1 | $ 105,000 | $ 105,000 | $ 94,000 |
| Cass County Michigan | 1 | $ 25,000 | $ 25,000 | $ 30,000 |
| Crawford County Michigan | 1 | $ 215,000 | $ 215,000 | $ 181,000 |
| Dickinson County Michigan | 1 | $ 35,000 | $ 35,000 | $ 142,000 |
| Grand Traverse County Michigan | 1 | $ 405,000 | $ 405,000 | $ 263,000 |
| Houghton County Michigan | 1 | $ 285,000 | $ 285,000 | $ 148,000 |
| Lake County Michigan | 1 | $ 235,000 | $ 235,000 | $ 134,000 |
| Manistee County Michigan | 1 | $ 15,000 | $ 15,000 | $ 114,000 |
| Midland County Michigan | 1 | $ 385,000 | $ 385,000 | $ 175,000 |
| Osceola County Michigan | 1 | $ 85,000 | $ 85,000 | $ 92,000 |
| Oscoda County Michigan | 1 | $ 55,000 | $ 55,000 | $ 163,000 |
| DeSoto County Mississippi | 1 | $ 65,000 | $ 65,000 | $ 87,000 |
| Clark County Nevada | 1 | $ 45,000 | $ 45,000 | $ 36,000 |
| Hillsborough County New Hampshire | 1 | $ 25,000 | $ 25,000 | $ 60,000 |
| Clinton County New York | 1 | $ 95,000 | $ 95,000 | $ 41,000 |
| Union County North Carolina | 1 | $ 115,000 | $ 115,000 | $ 362,000 |
| Denton County Texas | 1 | $ 105,000 | $ 105,000 | $ 180,000 |
| Hays County Texas | 1 | $ 355,000 | $ 355,000 | $ 240,000 |
| Madison County Texas | 1 | $ 65,000 | $ 65,000 | $ 42,000 |
Mortgage Loan Application Detail Totals for Dfcu Financial in 2022
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 | 1,589 | $130,855,000 | $82,000 | $645,000 | $112,000 | $946,000 |
| Home Purchase | 1,253 | $304,975,000 | $243,000 | $1,005,000 | $129,000 | $3,960,000 |
| Other Purpose | 999 | $74,445,000 | $74,000 | $525,000 | $105,000 | $4,056,000 |
| Refinancing | 436 | $60,410,000 | $138,000 | $625,000 | $109,000 | $400,000 |
| Cash-out Refinancing | 370 | $67,310,000 | $181,000 | $995,000 | $104,000 | $740,000 |
| 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 | 3,168 | $428,140,000 | $135,000 | $1,005,000 | $115,000 | $3,960,000 |
| Not Provided | 724 | $124,560,000 | $172,000 | $1,005,000 | $126,000 | $4,056,000 |
| Black or African American | 426 | $40,270,000 | $94,000 | $645,000 | $90,000 | $2,496,000 |
| Hispanic | 164 | $18,710,000 | $114,000 | $405,000 | $95,000 | $408,000 |
| Asian | 108 | $17,720,000 | $164,000 | $515,000 | $129,000 | $1,095,000 |
| American Indian or Alaskan Native | 21 | $2,755,000 | $131,000 | $325,000 | $87,000 | $163,000 |
| Native Hawaiian or Other Pacific Islander | 15 | $1,775,000 | $118,000 | $405,000 | $140,000 | $360,000 |
| Not applicable | 1 | $305,000 | $305,000 | $305,000 | $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) | 4,647 | $637,995,000 | $137,000 | $1,005,000 | $114,000 | $4,056,000 |
| 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 | 2,792 | $361,120,000 | $129,000 | $1,005,000 | $114,000 | $980,000 |
| Application Denied By Financial Institution | 677 | $49,005,000 | $72,000 | $505,000 | $84,000 | $946,000 |
| Application Approved But Not Accepted | 347 | $32,655,000 | $94,000 | $1,005,000 | $109,000 | $475,000 |
| File Closed For Incompleteness | 287 | $64,165,000 | $223,000 | $995,000 | $133,000 | $2,792,000 |
| Application Withdrawn By Applicant | 281 | $56,515,000 | $201,000 | $1,005,000 | $170,000 | $4,056,000 |
| Preapproval Approved but not Accepted | 227 | $67,055,000 | $295,000 | $955,000 | $116,000 | $549,000 |
| Preapproval Denied by Financial Institution | 36 | $7,480,000 | $207,000 | $485,000 | $157,000 | $2,496,000 |
| Loan Purchased By The 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 | 3,934 | $581,510,000 | $147,000 | $1,005,000 | $119,000 | $4,056,000 |
| Debt-To-Income Ratio | 252 | $23,640,000 | $93,000 | $505,000 | $69,000 | $300,000 |
| Credit History | 237 | $16,715,000 | $70,000 | $505,000 | $98,000 | $2,496,000 |
| Other | 133 | $8,115,000 | $61,000 | $325,000 | $92,000 | $495,000 |
| Collateral | 77 | $6,475,000 | $84,000 | $505,000 | $116,000 | $540,000 |
| Employment History | 7 | $815,000 | $116,000 | $225,000 | $77,000 | $192,000 |
| Unverifiable Information | 5 | $545,000 | $109,000 | $205,000 | $58,000 | $110,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $180,000 | $90,000 | $145,000 | $139,000 | $227,000 |
| 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 Dfcu Financial's 2022 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 Dfcu Financial'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 Michigan, download the full spreadsheet
with aggregated HMDA statistics today.