Chartway Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2016
Chartway Federal Credit Union 2016 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 | Chartway Federal Credit Union 5700 Cleveland Street Virginia Beach, VA 23462 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 | 820 |
| Total Mortgage Loan Application Amount | $43,313,000 |
| Average Mortgage Loan Application Amount | $78,666 |
| Highest Mortgage Loan Application Amount | $475,000 |
| Average Applicant Income | $75,000 |
| Highest Applicant Income | $983,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2016 with Chartway Federal 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 Chartway Federal Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2016 breaks down Chartway Federal 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 Chartway Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Chartway Federal 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 Chartway Federal Credit Union's mortgage activity for 2016.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Virginia Beach County Virginia | 140 | $ 6,831,000 | $ 48,000 | $ 81,000 |
| Harris County Texas | 81 | $ 4,656,000 | $ 57,000 | $ 77,000 |
| Salt Lake County Utah | 78 | $ 5,751,000 | $ 73,000 | $ 63,000 |
| Tooele County Utah | 73 | $ 3,243,000 | $ 44,000 | $ 71,000 |
| Chesapeake County Virginia | 68 | $ 3,002,000 | $ 44,000 | $ 93,000 |
| Norfolk County Virginia | 57 | $ 1,823,000 | $ 31,000 | $ 71,000 |
| Portsmouth County Virginia | 31 | $ 1,239,000 | $ 39,000 | $ 71,000 |
| Washington County Utah | 29 | $ 1,688,000 | $ 58,000 | $ 66,000 |
| Suffolk County Virginia | 20 | $ 868,000 | $ 43,000 | $ 69,000 |
| Carbon County Utah | 15 | $ 990,000 | $ 66,000 | $ 52,000 |
| Pasquotank County North Carolina | 9 | $ 498,000 | $ 55,000 | $ 56,000 |
| Montgomery County Texas | 9 | $ 494,000 | $ 54,000 | $ 142,000 |
| Currituck County North Carolina | 8 | $ 365,000 | $ 45,000 | $ 73,000 |
| Washington County Rhode Island | 5 | $ 469,000 | $ 93,000 | $ 48,000 |
| Iron County Utah | 5 | $ 405,000 | $ 81,000 | $ 107,000 |
| Pinellas County Florida | 4 | $ 137,000 | $ 34,000 | $ 92,000 |
| Essex County New Jersey | 4 | $ 36,000 | $ 9,000 | $ 83,000 |
| Hertford County North Carolina | 4 | $ 338,000 | $ 84,000 | $ 134,000 |
| Utah County Utah | 4 | $ 303,000 | $ 75,000 | $ 76,000 |
| Hampton County Virginia | 4 | $ 87,000 | $ 21,000 | $ 80,000 |
| Newport News County Virginia | 4 | $ 144,000 | $ 36,000 | $ 161,000 |
| Mohave County Arizona | 3 | $ 294,000 | $ 98,000 | $ 58,000 |
| Los Angeles County California | 3 | $ 52,000 | $ 17,000 | $ 105,000 |
| Fulton County Georgia | 3 | $ 50,000 | $ 16,000 | $ 212,000 |
| Cook County Illinois | 3 | $ 140,000 | $ 46,000 | $ 87,000 |
| Elko County Nevada | 3 | $ 79,000 | $ 26,000 | $ 81,000 |
| Gates County North Carolina | 3 | $ 145,000 | $ 48,000 | $ 26,000 |
| Fort Bend County Texas | 3 | $ 226,000 | $ 75,000 | $ 89,000 |
| Maricopa County Arizona | 2 | $ 106,000 | $ 53,000 | $ 117,000 |
| Jefferson County Arkansas | 2 | $ 32,000 | $ 16,000 | $ 35,000 |
| San Diego County California | 2 | $ 273,000 | $ 136,000 | $ 179,000 |
| Hillsborough County Florida | 2 | $ 98,000 | $ 49,000 | $ 43,000 |
| Osceola County Florida | 2 | $ 190,000 | $ 95,000 | $ 71,000 |
| Gwinnett County Georgia | 2 | $ 39,000 | $ 19,000 | $ 127,000 |
| Clay County Kentucky | 2 | $ 112,000 | $ 56,000 | $ 23,000 |
| Baltimore County Maryland | 2 | $ 57,000 | $ 28,000 | $ 56,000 |
| Bergen County New Jersey | 2 | $ 43,000 | $ 21,000 | $ 65,000 |
| Chowan County North Carolina | 2 | $ 120,000 | $ 60,000 | $ 60,000 |
| Johnston County North Carolina | 2 | $ 135,000 | $ 67,000 | $ 50,000 |
| Perquimans County North Carolina | 2 | $ 86,000 | $ 43,000 | $ 34,000 |
| Kent County Rhode Island | 2 | $ 65,000 | $ 32,000 | $ 74,000 |
| Brazoria County Texas | 2 | $ 164,000 | $ 82,000 | $ 61,000 |
| Beaver County Utah | 2 | $ 70,000 | $ 35,000 | $ 25,000 |
| Wasatch County Utah | 2 | $ 50,000 | $ 25,000 | $ 156,000 |
| Weber County Utah | 2 | $ 254,000 | $ 127,000 | $ 49,000 |
| Chesterfield County Virginia | 2 | $ 108,000 | $ 54,000 | $ 85,000 |
| Dinwiddie County Virginia | 2 | $ 100,000 | $ 50,000 | $ 32,000 |
| Isle of Wight County Virginia | 2 | $ 130,000 | $ 65,000 | $ 126,000 |
| Montgomery County Alabama | 1 | $ 2,000 | $ 2,000 | $ 60,000 |
| Pulaski County Arkansas | 1 | $ 20,000 | $ 20,000 | $ 71,000 |
| Alameda County California | 1 | $ 10,000 | $ 10,000 | $ 96,000 |
| Orange County California | 1 | $ 8,000 | $ 8,000 | $ 51,000 |
| Adams County Colorado | 1 | $ 30,000 | $ 30,000 | $ 101,000 |
| Bent County Colorado | 1 | $ 30,000 | $ 30,000 | $ 30,000 |
| El Paso County Colorado | 1 | $ 2,000 | $ 2,000 | $ 42,000 |
| Brevard County Florida | 1 | $ 10,000 | $ 10,000 | $ 150,000 |
| Clay County Florida | 1 | $ 40,000 | $ 40,000 | $ 77,000 |
| Lake County Florida | 1 | $ 325,000 | $ 325,000 | $ 45,000 |
| Lee County Florida | 1 | $ 10,000 | $ 10,000 | $ 48,000 |
| Manatee County Florida | 1 | $ 69,000 | $ 69,000 | $ 24,000 |
| Nassau County Florida | 1 | $ 5,000 | $ 5,000 | $ 50,000 |
| Sarasota County Florida | 1 | $ 20,000 | $ 20,000 | $ 60,000 |
| Forsyth County Georgia | 1 | $ 124,000 | $ 124,000 | $ 147,000 |
| Henry County Georgia | 1 | $ 6,000 | $ 6,000 | $ 132,000 |
| Hawaii County Hawaii | 1 | $ 8,000 | $ 8,000 | $ 94,000 |
| Bear Lake County Idaho | 1 | $ 52,000 | $ 52,000 | $ 52,000 |
| Lake County Illinois | 1 | $ 10,000 | $ 10,000 | $ 136,000 |
| Franklin County Indiana | 1 | $ 37,000 | $ 37,000 | $ 154,000 |
| Marion County Indiana | 1 | $ 50,000 | $ 50,000 | $ 72,000 |
| Wabash County Indiana | 1 | $ 18,000 | $ 18,000 | $ 113,000 |
| Reno County Kansas | 1 | $ 3,000 | $ 3,000 | $ 19,000 |
| Androscoggin County Maine | 1 | $ 9,000 | $ 9,000 | $ 16,000 |
| Prince George's County Maryland | 1 | $ 30,000 | $ 30,000 | $ 21,000 |
| Middlesex County Massachusetts | 1 | $ 35,000 | $ 35,000 | $ 84,000 |
| Plymouth County Massachusetts | 1 | $ 35,000 | $ 35,000 | $ 120,000 |
| Macomb County Michigan | 1 | $ 5,000 | $ 5,000 | $ 75,000 |
| Hennepin County Minnesota | 1 | $ 50,000 | $ 50,000 | $ 84,000 |
| Wright County Minnesota | 1 | $ 6,000 | $ 6,000 | $ 74,000 |
| Rockingham County New Hampshire | 1 | $ 19,000 | $ 19,000 | $ 240,000 |
| Hudson County New Jersey | 1 | $ 28,000 | $ 28,000 | $ 62,000 |
| Torrance County New Mexico | 1 | $ 2,000 | $ 2,000 | $ 84,000 |
| Bronx County New York | 1 | $ 25,000 | $ 25,000 | $ 0 |
| Kings County New York | 1 | $ 22,000 | $ 22,000 | $ 983,000 |
| Nassau County New York | 1 | $ 50,000 | $ 50,000 | $ 173,000 |
| Onondaga County New York | 1 | $ 20,000 | $ 20,000 | $ 55,000 |
| Queens County New York | 1 | $ 50,000 | $ 50,000 | $ 165,000 |
| Bertie County North Carolina | 1 | $ 5,000 | $ 5,000 | $ 35,000 |
| Craven County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 71,000 |
| Granville County North Carolina | 1 | $ 12,000 | $ 12,000 | $ 72,000 |
| Harnett County North Carolina | 1 | $ 140,000 | $ 140,000 | $ 34,000 |
| Hoke County North Carolina | 1 | $ 5,000 | $ 5,000 | $ 89,000 |
| Tyrrell County North Carolina | 1 | $ 10,000 | $ 10,000 | $ 70,000 |
| Wake County North Carolina | 1 | $ 62,000 | $ 62,000 | $ 120,000 |
| Crook County Oregon | 1 | $ 361,000 | $ 361,000 | $ 70,000 |
| Allegheny County Pennsylvania | 1 | $ 30,000 | $ 30,000 | $ 42,000 |
| Erie County Pennsylvania | 1 | $ 5,000 | $ 5,000 | $ 53,000 |
| Franklin County Pennsylvania | 1 | $ 10,000 | $ 10,000 | $ 88,000 |
| Montgomery County Pennsylvania | 1 | $ 2,000 | $ 2,000 | $ 74,000 |
| Venango County Pennsylvania | 1 | $ 15,000 | $ 15,000 | $ 53,000 |
| Westmoreland County Pennsylvania | 1 | $ 100,000 | $ 100,000 | $ 84,000 |
| Newport County Rhode Island | 1 | $ 10,000 | $ 10,000 | $ 258,000 |
| Providence County Rhode Island | 1 | $ 65,000 | $ 65,000 | $ 144,000 |
| Anderson County South Carolina | 1 | $ 2,000 | $ 2,000 | $ 29,000 |
| Greenville County South Carolina | 1 | $ 6,000 | $ 6,000 | $ 216,000 |
| Spartanburg County South Carolina | 1 | $ 20,000 | $ 20,000 | $ 66,000 |
| Austin County Texas | 1 | $ 6,000 | $ 6,000 | $ 41,000 |
| Bexar County Texas | 1 | $ 14,000 | $ 14,000 | $ 173,000 |
| Collin County Texas | 1 | $ 18,000 | $ 18,000 | $ 120,000 |
| Dallas County Texas | 1 | $ 48,000 | $ 48,000 | $ 35,000 |
| Lampasas County Texas | 1 | $ 50,000 | $ 50,000 | $ 136,000 |
| Davis County Utah | 1 | $ 25,000 | $ 25,000 | $ 99,000 |
| Duchesne County Utah | 1 | $ 26,000 | $ 26,000 | $ 140,000 |
| Emery County Utah | 1 | $ 100,000 | $ 100,000 | $ 35,000 |
| Garfield County Utah | 1 | $ 122,000 | $ 122,000 | $ 349,000 |
| Sanpete County Utah | 1 | $ 25,000 | $ 25,000 | $ 96,000 |
| Summit County Utah | 1 | $ 30,000 | $ 30,000 | $ 166,000 |
| Culpeper County Virginia | 1 | $ 260,000 | $ 260,000 | $ 53,000 |
| Fairfax County Virginia | 1 | $ 5,000 | $ 5,000 | $ 86,000 |
| Grayson County Virginia | 1 | $ 1,000 | $ 1,000 | $ 18,000 |
| Henrico County Virginia | 1 | $ 175,000 | $ 175,000 | $ 39,000 |
| James City County Virginia | 1 | $ 26,000 | $ 26,000 | $ 51,000 |
| Lancaster County Virginia | 1 | $ 25,000 | $ 25,000 | $ 32,000 |
| Prince William County Virginia | 1 | $ 8,000 | $ 8,000 | $ 140,000 |
| Richmond City County Virginia | 1 | $ 5,000 | $ 5,000 | $ 58,000 |
| Surry County Virginia | 1 | $ 4,000 | $ 4,000 | $ 19,000 |
| York County Virginia | 1 | $ 5,000 | $ 5,000 | $ 85,000 |
| Summers County West Virginia | 1 | $ 30,000 | $ 30,000 | $ 17,000 |
| Polk County Wisconsin | 1 | $ 7,000 | $ 7,000 | $ 97,000 |
Mortgage Loan Application Detail Totals for Chartway Federal Credit Union in 2016
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 | 542 | $16,008,000 | $29,000 | $350,000 | $80,000 | $983,000 |
| Refinancing | 174 | $14,080,000 | $80,000 | $475,000 | $81,000 | $631,000 |
| Home Purchase | 104 | $13,225,000 | $127,000 | $417,000 | $64,000 | $349,000 |
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 | 459 | $23,199,000 | $50,000 | $417,000 | $79,000 | $631,000 |
| Black or African American | 142 | $7,869,000 | $55,000 | $355,000 | $71,000 | $684,000 |
| Hispanic | 96 | $6,351,000 | $66,000 | $265,000 | $89,000 | $983,000 |
| Not Provided | 89 | $3,935,000 | $44,000 | $325,000 | $76,000 | $349,000 |
| Asian | 21 | $1,300,000 | $61,000 | $475,000 | $81,000 | $205,000 |
| Native Hawaiin or Other Pacific Islander | 8 | $409,000 | $51,000 | $146,000 | $78,000 | $136,000 |
| American Indian or Alaskan Native | 5 | $250,000 | $50,000 | $80,000 | $87,000 | $234,000 |
| 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) | 791 | $39,408,000 | $49,000 | $475,000 | $79,000 | $983,000 |
| FHA-insured (Federal Housing Administration) | 23 | $2,905,000 | $126,000 | $225,000 | $47,000 | $98,000 |
| VA-guaranteed (Veterans Administration) | 5 | $805,000 | $161,000 | $355,000 | $48,000 | $70,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $195,000 | $195,000 | $195,000 | $95,000 | $95,000 |
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 | 315 | $15,133,000 | $48,000 | $305,000 | $88,000 | $826,000 |
| Application Denied By Financial Institution | 271 | $10,452,000 | $38,000 | $475,000 | $75,000 | $983,000 |
| Application Withdrawn By Applicant | 214 | $14,306,000 | $66,000 | $355,000 | $70,000 | $456,000 |
| File Closed For Incompleteness | 19 | $3,372,000 | $177,000 | $417,000 | $57,000 | $105,000 |
| Application Approved But Not Accepted | 1 | $50,000 | $50,000 | $50,000 | $136,000 | $136,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 1 | $355,000 | $355,000 | $355,000 | $42,000 | $42,000 |
| Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Chartway Federal Credit Union's 2016 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 Chartway 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.
For a list of all lenders in Virginia, download the full spreadsheet
with aggregated HMDA statistics today.