Dfcu Financial
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Dfcu Financial 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 | 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 | 4,272 |
| Total Mortgage Loan Application Amount | $696,700,000 |
| Average Mortgage Loan Application Amount | $147,000 |
| Highest Mortgage Loan Application Amount | $5,605,000 |
| Average Applicant Income | $118,000 |
| Highest Applicant Income | $5,352,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 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 2023 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 2023.
| 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 | 1,640 | $ 178,020,000 | $ 108,000 | $ 102,000 |
| Oakland County Michigan | 622 | $ 104,120,000 | $ 167,000 | $ 152,000 |
| Washtenaw County Michigan | 280 | $ 45,320,000 | $ 161,000 | $ 133,000 |
| Livingston County Michigan | 167 | $ 21,825,000 | $ 130,000 | $ 131,000 |
| Kent County Michigan | 147 | $ 14,685,000 | $ 99,000 | $ 88,000 |
| Macomb County Michigan | 118 | $ 13,050,000 | $ 110,000 | $ 108,000 |
| Monroe County Michigan | 58 | $ 8,550,000 | $ 147,000 | $ 104,000 |
| Hillsborough County Florida | 53 | $ 18,145,000 | $ 342,000 | $ 206,000 |
| Ingham County Michigan | 42 | $ 3,470,000 | $ 82,000 | $ 78,000 |
| Pinellas County Florida | 29 | $ 10,735,000 | $ 370,000 | $ 215,000 |
| Eaton County Michigan | 27 | $ 2,365,000 | $ 87,000 | $ 73,000 |
| Ottawa County Michigan | 23 | $ 3,195,000 | $ 138,000 | $ 141,000 |
| Jackson County Michigan | 21 | $ 2,455,000 | $ 116,000 | $ 100,000 |
| Genesee County Michigan | 15 | $ 1,975,000 | $ 131,000 | $ 89,000 |
| Clinton County Michigan | 13 | $ 1,365,000 | $ 105,000 | $ 90,000 |
| Lenawee County Michigan | 12 | $ 1,160,000 | $ 96,000 | $ 104,000 |
| Allegan County Michigan | 11 | $ 1,565,000 | $ 142,000 | $ 153,000 |
| Barry County Michigan | 11 | $ 1,045,000 | $ 95,000 | $ 110,000 |
| St. Clair County Michigan | 10 | $ 940,000 | $ 94,000 | $ 111,000 |
| Montcalm County Michigan | 8 | $ 430,000 | $ 53,000 | $ 72,000 |
| Pasco County Florida | 7 | $ 2,125,000 | $ 303,000 | $ 139,000 |
| Hillsdale County Michigan | 7 | $ 1,605,000 | $ 229,000 | $ 283,000 |
| Muskegon County Michigan | 7 | $ 1,055,000 | $ 150,000 | $ 120,000 |
| Charlotte County Florida | 6 | $ 770,000 | $ 128,000 | $ 243,000 |
| Lee County Florida | 6 | $ 1,260,000 | $ 210,000 | $ 112,000 |
| Antrim County Michigan | 6 | $ 890,000 | $ 148,000 | $ 153,000 |
| Roscommon County Michigan | 6 | $ 400,000 | $ 66,000 | $ 68,000 |
| Manatee County Florida | 5 | $ 2,455,000 | $ 491,000 | $ 253,000 |
| Newaygo County Michigan | 5 | $ 325,000 | $ 65,000 | $ 101,000 |
| Otsego County Michigan | 5 | $ 885,000 | $ 177,000 | $ 74,000 |
| Berrien County Michigan | 4 | $ 830,000 | $ 207,000 | $ 93,000 |
| Clare County Michigan | 4 | $ 530,000 | $ 132,000 | $ 117,000 |
| Gladwin County Michigan | 4 | $ 490,000 | $ 122,000 | $ 208,000 |
| Mecosta County Michigan | 4 | $ 730,000 | $ 182,000 | $ 113,000 |
| Midland County Michigan | 4 | $ 920,000 | $ 230,000 | $ 145,000 |
| Osceola County Michigan | 4 | $ 390,000 | $ 97,000 | $ 71,000 |
| Orange County Florida | 3 | $ 2,505,000 | $ 835,000 | $ 331,000 |
| Polk County Florida | 3 | $ 605,000 | $ 201,000 | $ 147,000 |
| Sarasota County Florida | 3 | $ 605,000 | $ 201,000 | $ 86,000 |
| Seminole County Florida | 3 | $ 425,000 | $ 141,000 | $ 106,000 |
| Sumter County Florida | 3 | $ 605,000 | $ 201,000 | $ 96,000 |
| Calhoun County Michigan | 3 | $ 495,000 | $ 165,000 | $ 109,000 |
| Emmet County Michigan | 3 | $ 545,000 | $ 181,000 | $ 110,000 |
| Iosco County Michigan | 3 | $ 365,000 | $ 121,000 | $ 215,000 |
| Isabella County Michigan | 3 | $ 365,000 | $ 121,000 | $ 84,000 |
| Ogemaw County Michigan | 3 | $ 605,000 | $ 201,000 | $ 172,000 |
| Presque Isle County Michigan | 3 | $ 385,000 | $ 128,000 | $ 144,000 |
| Sanilac County Michigan | 3 | $ 445,000 | $ 148,000 | $ 193,000 |
| Shiawassee County Michigan | 3 | $ 465,000 | $ 155,000 | $ 76,000 |
| Collier County Florida | 2 | $ 1,690,000 | $ 845,000 | $ 373,000 |
| Lake County Florida | 2 | $ 280,000 | $ 140,000 | $ 140,000 |
| Miami-Dade County Florida | 2 | $ 410,000 | $ 205,000 | $ 308,000 |
| Osceola County Florida | 2 | $ 1,640,000 | $ 820,000 | $ 288,000 |
| Palm Beach County Florida | 2 | $ 540,000 | $ 270,000 | $ 123,000 |
| Alcona County Michigan | 2 | $ 460,000 | $ 230,000 | $ 118,000 |
| Crawford County Michigan | 2 | $ 140,000 | $ 70,000 | $ 167,000 |
| Grand Traverse County Michigan | 2 | $ 470,000 | $ 235,000 | $ 184,000 |
| Gratiot County Michigan | 2 | $ 140,000 | $ 70,000 | $ 15,000 |
| Kalamazoo County Michigan | 2 | $ 420,000 | $ 210,000 | $ 33,000 |
| Kalkaska County Michigan | 2 | $ 230,000 | $ 115,000 | $ 58,000 |
| Lapeer County Michigan | 2 | $ 200,000 | $ 100,000 | $ 116,000 |
| Saginaw County Michigan | 2 | $ 490,000 | $ 245,000 | $ 115,000 |
| Wexford County Michigan | 2 | $ 80,000 | $ 40,000 | $ 63,000 |
| Maricopa County Arizona | 1 | $ 45,000 | $ 45,000 | $ 53,000 |
| Teller County Colorado | 1 | $ 65,000 | $ 65,000 | $ 120,000 |
| Hartford County Connecticut | 1 | $ 35,000 | $ 35,000 | $ 612,000 |
| Brevard County Florida | 1 | $ 725,000 | $ 725,000 | $ 253,000 |
| Broward County Florida | 1 | $ 1,145,000 | $ 1,145,000 | $ 386,000 |
| DeSoto County Florida | 1 | $ 225,000 | $ 225,000 | $ 144,000 |
| Hernando County Florida | 1 | $ 345,000 | $ 345,000 | $ 126,000 |
| Marion County Florida | 1 | $ 125,000 | $ 125,000 | $ 60,000 |
| Volusia County Florida | 1 | $ 625,000 | $ 625,000 | $ 193,000 |
| Cherokee County Georgia | 1 | $ 305,000 | $ 305,000 | $ 278,000 |
| Calloway County Kentucky | 1 | $ 45,000 | $ 45,000 | $ 66,000 |
| Jefferson County Kentucky | 1 | $ 155,000 | $ 155,000 | $ 88,000 |
| Alger County Michigan | 1 | $ 175,000 | $ 175,000 | $ 161,000 |
| Alpena County Michigan | 1 | $ 75,000 | $ 75,000 | $ 64,000 |
| Bay County Michigan | 1 | $ 15,000 | $ 15,000 | $ 23,000 |
| Branch County Michigan | 1 | $ 105,000 | $ 105,000 | $ 185,000 |
| Charlevoix County Michigan | 1 | $ 305,000 | $ 305,000 | $ 420,000 |
| Cheboygan County Michigan | 1 | $ 95,000 | $ 95,000 | $ 120,000 |
| Chippewa County Michigan | 1 | $ 405,000 | $ 405,000 | $ 95,000 |
| Ionia County Michigan | 1 | $ 125,000 | $ 125,000 | $ 91,000 |
| Leelanau County Michigan | 1 | $ 205,000 | $ 205,000 | $ 200,000 |
| Missaukee County Michigan | 1 | $ 25,000 | $ 25,000 | $ 23,000 |
| Oscoda County Michigan | 1 | $ 85,000 | $ 85,000 | $ 42,000 |
| Tuscola County Michigan | 1 | $ 225,000 | $ 225,000 | $ 95,000 |
| St. Charles County Missouri | 1 | $ 25,000 | $ 25,000 | $ 240,000 |
| Clark County Nevada | 1 | $ 35,000 | $ 35,000 | $ 720,000 |
| Bernalillo County New Mexico | 1 | $ 55,000 | $ 55,000 | $ 150,000 |
| Moore County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 205,000 |
| Horry County South Carolina | 1 | $ 205,000 | $ 205,000 | $ 72,000 |
| Warren County Tennessee | 1 | $ 75,000 | $ 75,000 | $ 1,580,000 |
| Salt Lake County Utah | 1 | $ 125,000 | $ 125,000 | $ 132,000 |
Mortgage Loan Application Detail Totals for Dfcu Financial 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 |
|---|---|---|---|---|---|---|
| Home Purchase | 1,547 | $440,445,000 | $284,000 | $5,605,000 | $146,000 | $5,352,000 |
| Home Improvement | 1,140 | $96,340,000 | $84,000 | $645,000 | $119,000 | $1,580,000 |
| Other Purpose | 986 | $75,190,000 | $76,000 | $755,000 | $106,000 | $665,000 |
| Refinancing | 336 | $36,530,000 | $108,000 | $755,000 | $113,000 | $973,000 |
| Cash-out Refinancing | 263 | $48,195,000 | $183,000 | $1,705,000 | $106,000 | $603,000 |
| 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 | 2,888 | $443,540,000 | $153,000 | $2,205,000 | $123,000 | $5,352,000 |
| Not Provided | 602 | $132,550,000 | $220,000 | $3,005,000 | $139,000 | $1,938,000 |
| Black or African American | 411 | $44,635,000 | $108,000 | $1,205,000 | $97,000 | $1,476,000 |
| Hispanic | 197 | $29,525,000 | $149,000 | $1,165,000 | $114,000 | $793,000 |
| Asian | 115 | $33,735,000 | $293,000 | $5,605,000 | $186,000 | $2,196,000 |
| American Indian or Alaskan Native | 33 | $4,095,000 | $124,000 | $395,000 | $96,000 | $180,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $350,000 | $175,000 | $305,000 | $170,000 | $280,000 |
| 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) | 4,272 | $696,700,000 | $163,000 | $5,605,000 | $125,000 | $5,352,000 |
| 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 | 2,195 | $318,215,000 | $144,000 | $2,135,000 | $124,000 | $1,055,000 |
| Application Denied By Financial Institution | 636 | $49,200,000 | $77,000 | $755,000 | $95,000 | $1,580,000 |
| File Closed For Incompleteness | 415 | $119,125,000 | $287,000 | $5,605,000 | $170,000 | $5,352,000 |
| Application Approved But Not Accepted | 345 | $28,845,000 | $83,000 | $755,000 | $113,000 | $600,000 |
| Preapproval Approved but not Accepted | 330 | $96,780,000 | $293,000 | $2,005,000 | $119,000 | $625,000 |
| Application Withdrawn By Applicant | 312 | $74,870,000 | $239,000 | $1,205,000 | $151,000 | $2,484,000 |
| Preapproval Denied by Financial Institution | 39 | $9,665,000 | $247,000 | $2,205,000 | $113,000 | $1,313,000 |
| 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 | 3,597 | $637,835,000 | $177,000 | $5,605,000 | $130,000 | $5,352,000 |
| Debt-To-Income Ratio | 296 | $28,130,000 | $95,000 | $2,205,000 | $81,000 | $450,000 |
| Credit History | 181 | $11,595,000 | $64,000 | $335,000 | $92,000 | $1,313,000 |
| Other | 124 | $11,140,000 | $89,000 | $755,000 | $116,000 | $900,000 |
| Collateral | 61 | $5,335,000 | $87,000 | $415,000 | $123,000 | $1,580,000 |
| Unverifiable Information | 4 | $470,000 | $117,000 | $285,000 | $58,000 | $130,000 |
| Employment History | 4 | $430,000 | $107,000 | $195,000 | $354,000 | $1,080,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $1,360,000 | $340,000 | $725,000 | $121,000 | $265,000 |
| Credit Application Incomplete | 1 | $405,000 | $405,000 | $405,000 | $98,000 | $98,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Dfcu Financial'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 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.