Chartway Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Chartway Federal Credit Union 2020 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 | 1,324 |
| Total Mortgage Loan Application Amount | $101,970,000 |
| Average Mortgage Loan Application Amount | $80,666 |
| Highest Mortgage Loan Application Amount | $6,505,000 |
| Average Applicant Income | $161,000 |
| Highest Applicant Income | $4,200,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 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 2020 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 2020.
| 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 | 241 | $ 15,785,000 | $ 65,000 | $ 131,000 |
| Washington County Utah | 184 | $ 24,580,000 | $ 133,000 | $ 121,000 |
| Chesapeake County Virginia | 151 | $ 11,095,000 | $ 73,000 | $ 131,000 |
| Norfolk County Virginia | 91 | $ 4,825,000 | $ 53,000 | $ 95,000 |
| Tooele County Utah | 85 | $ 6,275,000 | $ 73,000 | $ 105,000 |
| Salt Lake County Utah | 84 | $ 7,360,000 | $ 87,000 | $ 165,000 |
| Portsmouth County Virginia | 51 | $ 2,825,000 | $ 55,000 | $ 78,000 |
| Harris County Texas | 50 | $ 3,470,000 | $ 69,000 | $ 154,000 |
| Suffolk County Virginia | 46 | $ 2,300,000 | $ 50,000 | $ 200,000 |
| Iron County Utah | 29 | $ 2,385,000 | $ 82,000 | $ 80,000 |
| Utah County Utah | 21 | $ 2,315,000 | $ 110,000 | $ 167,000 |
| Currituck County North Carolina | 12 | $ 510,000 | $ 42,000 | $ 112,000 |
| Pasquotank County North Carolina | 9 | $ 335,000 | $ 37,000 | $ 93,000 |
| Montgomery County Texas | 9 | $ 1,015,000 | $ 112,000 | $ 369,000 |
| Davis County Utah | 8 | $ 690,000 | $ 86,000 | $ 128,000 |
| Hillsborough County Florida | 7 | $ 655,000 | $ 93,000 | $ 129,000 |
| Hampton County Virginia | 7 | $ 335,000 | $ 47,000 | $ 50,000 |
| Isle of Wight County Virginia | 7 | $ 395,000 | $ 56,000 | $ 89,000 |
| Clark County Nevada | 5 | $ 385,000 | $ 77,000 | $ 102,000 |
| Fort Bend County Texas | 5 | $ 685,000 | $ 137,000 | $ 83,000 |
| Summit County Utah | 5 | $ 295,000 | $ 59,000 | $ 64,000 |
| Camden County North Carolina | 3 | $ 115,000 | $ 38,000 | $ 75,000 |
| Carbon County Utah | 3 | $ 55,000 | $ 18,000 | $ 53,000 |
| Weber County Utah | 3 | $ 195,000 | $ 65,000 | $ 46,000 |
| York County Virginia | 3 | $ 225,000 | $ 75,000 | $ 77,000 |
| Maricopa County Arizona | 2 | $ 110,000 | $ 55,000 | $ 95,000 |
| Broward County Florida | 2 | $ 110,000 | $ 55,000 | $ 88,000 |
| Pinellas County Florida | 2 | $ 170,000 | $ 85,000 | $ 111,000 |
| Volusia County Florida | 2 | $ 490,000 | $ 245,000 | $ 75,000 |
| Cobb County Georgia | 2 | $ 340,000 | $ 170,000 | $ 86,000 |
| Columbia County Georgia | 2 | $ 70,000 | $ 35,000 | $ 76,000 |
| Fulton County Georgia | 2 | $ 290,000 | $ 145,000 | $ 168,000 |
| Anne Arundel County Maryland | 2 | $ 50,000 | $ 25,000 | $ 160,000 |
| Wilson County Texas | 2 | $ 80,000 | $ 40,000 | $ 70,000 |
| Cache County Utah | 2 | $ 280,000 | $ 140,000 | $ 132,000 |
| Kane County Utah | 2 | $ 330,000 | $ 165,000 | $ 138,000 |
| James City County Virginia | 2 | $ 220,000 | $ 110,000 | $ 128,000 |
| Newport News County Virginia | 2 | $ 270,000 | $ 135,000 | $ 146,000 |
| Southampton County Virginia | 2 | $ 150,000 | $ 75,000 | $ 194,000 |
| Surry County Virginia | 2 | $ 170,000 | $ 85,000 | $ 45,000 |
| Pulaski County Arkansas | 1 | $ 55,000 | $ 55,000 | $ 48,000 |
| Kern County California | 1 | $ 305,000 | $ 305,000 | $ 120,000 |
| San Bernardino County California | 1 | $ 25,000 | $ 25,000 | $ 39,000 |
| Denver County Colorado | 1 | $ 35,000 | $ 35,000 | $ 67,000 |
| Douglas County Colorado | 1 | $ 15,000 | $ 15,000 | $ 70,000 |
| Litchfield County Connecticut | 1 | $ 85,000 | $ 85,000 | $ 49,000 |
| Charlotte County Florida | 1 | $ 35,000 | $ 35,000 | $ 93,000 |
| Marion County Florida | 1 | $ 55,000 | $ 55,000 | $ 408,000 |
| Miami-Dade County Florida | 1 | $ 45,000 | $ 45,000 | $ 30,000 |
| Orange County Florida | 1 | $ 35,000 | $ 35,000 | $ 59,000 |
| Pasco County Florida | 1 | $ 75,000 | $ 75,000 | $ 44,000 |
| Clayton County Georgia | 1 | $ 75,000 | $ 75,000 | $ 57,000 |
| DeKalb County Georgia | 1 | $ 105,000 | $ 105,000 | $ 180,000 |
| Franklin County Georgia | 1 | $ 85,000 | $ 85,000 | $ 21,000 |
| Canyon County Idaho | 1 | $ 5,000 | $ 5,000 | $ 160,000 |
| Sedgwick County Kansas | 1 | $ 65,000 | $ 65,000 | $ 173,000 |
| Jefferson County Kentucky | 1 | $ 25,000 | $ 25,000 | $ 115,000 |
| Middlesex County Massachusetts | 1 | $ 25,000 | $ 25,000 | $ 144,000 |
| Worcester County Massachusetts | 1 | $ 45,000 | $ 45,000 | $ 109,000 |
| St. Louis City County Missouri | 1 | $ 85,000 | $ 85,000 | $ 216,000 |
| Bergen County New Jersey | 1 | $ 25,000 | $ 25,000 | $ 200,000 |
| Hudson County New Jersey | 1 | $ 355,000 | $ 355,000 | $ 44,000 |
| Chowan County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 395,000 |
| Gates County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 69,000 |
| Henderson County North Carolina | 1 | $ 15,000 | $ 15,000 | $ 79,000 |
| Lincoln County North Carolina | 1 | $ 55,000 | $ 55,000 | $ 58,000 |
| Orange County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 240,000 |
| Perquimans County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 61,000 |
| Wake County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 133,000 |
| Washington County North Carolina | 1 | $ 5,000 | $ 5,000 | $ 58,000 |
| Wilson County North Carolina | 1 | $ 35,000 | $ 35,000 | $ 42,000 |
| McKenzie County North Dakota | 1 | $ 35,000 | $ 35,000 | $ 185,000 |
| Cuyahoga County Ohio | 1 | $ 15,000 | $ 15,000 | $ 72,000 |
| Hamilton County Ohio | 1 | $ 25,000 | $ 25,000 | $ 76,000 |
| Multnomah County Oregon | 1 | $ 205,000 | $ 205,000 | $ 364,000 |
| Washington County Oregon | 1 | $ 95,000 | $ 95,000 | $ 133,000 |
| Cameron County Texas | 1 | $ 25,000 | $ 25,000 | $ 38,000 |
| Dallas County Texas | 1 | $ 215,000 | $ 215,000 | $ 792,000 |
| Denton County Texas | 1 | $ 95,000 | $ 95,000 | $ 260,000 |
| Liberty County Texas | 1 | $ 35,000 | $ 35,000 | $ 130,000 |
| Robertson County Texas | 1 | $ 35,000 | $ 35,000 | $ 134,000 |
| Beaver County Utah | 1 | $ 95,000 | $ 95,000 | $ 84,000 |
| Emery County Utah | 1 | $ 35,000 | $ 35,000 | $ 36,000 |
| Garfield County Utah | 1 | $ 125,000 | $ 125,000 | $ 86,000 |
| Grand County Utah | 1 | $ 85,000 | $ 85,000 | $ 79,000 |
| Millard County Utah | 1 | $ 25,000 | $ 25,000 | $ 112,000 |
| Accomack County Virginia | 1 | $ 105,000 | $ 105,000 | $ 60,000 |
| Alexandria County Virginia | 1 | $ 35,000 | $ 35,000 | $ 338,000 |
| Chesterfield County Virginia | 1 | $ 15,000 | $ 15,000 | $ 82,000 |
| Franklin County Virginia | 1 | $ 145,000 | $ 145,000 | $ 210,000 |
| Franklin City County Virginia | 1 | $ 105,000 | $ 105,000 | $ 64,000 |
| Loudoun County Virginia | 1 | $ 145,000 | $ 145,000 | $ 160,000 |
| Northampton County Virginia | 1 | $ 185,000 | $ 185,000 | $ 108,000 |
| Northumberland County Virginia | 1 | $ 65,000 | $ 65,000 | $ 41,000 |
| Prince George County Virginia | 1 | $ 25,000 | $ 25,000 | $ 31,000 |
| Prince William County Virginia | 1 | $ 85,000 | $ 85,000 | $ 94,000 |
| Richmond City County Virginia | 1 | $ 195,000 | $ 195,000 | $ 74,000 |
| Shenandoah County Virginia | 1 | $ 105,000 | $ 105,000 | $ 131,000 |
| Wise County Virginia | 1 | $ 45,000 | $ 45,000 | $ 38,000 |
| Snohomish County Washington | 1 | $ 145,000 | $ 145,000 | $ 96,000 |
| Portage County Wisconsin | 1 | $ 5,000 | $ 5,000 | $ 343,000 |
| Uinta County Wyoming | 1 | $ 85,000 | $ 85,000 | $ 141,000 |
Mortgage Loan Application Detail Totals for Chartway Federal Credit Union in 2020
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 | 490 | $29,590,000 | $60,000 | $505,000 | $112,000 | $1,800,000 |
| Other Purpose | 345 | $29,335,000 | $85,000 | $6,505,000 | $94,000 | $299,000 |
| Refinancing | 293 | $28,795,000 | $98,000 | $515,000 | $161,000 | $4,200,000 |
| Home Purchase | 182 | $12,950,000 | $71,000 | $555,000 | $158,000 | $2,657,000 |
| Cash-out Refinancing | 10 | $1,030,000 | $103,000 | $305,000 | $118,000 | $540,000 |
| Not Applicable | 4 | $270,000 | $67,000 | $255,000 | $323,000 | $882,000 |
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 | 920 | $76,590,000 | $83,000 | $6,505,000 | $124,000 | $4,200,000 |
| Black or African American | 188 | $12,010,000 | $63,000 | $405,000 | $116,000 | $2,657,000 |
| Hispanic | 85 | $5,295,000 | $62,000 | $315,000 | $134,000 | $2,478,000 |
| Not Provided | 83 | $4,385,000 | $52,000 | $305,000 | $137,000 | $2,100,000 |
| Asian | 30 | $2,220,000 | $74,000 | $355,000 | $102,000 | $204,000 |
| American Indian or Alaskan Native | 7 | $465,000 | $66,000 | $305,000 | $136,000 | $540,000 |
| Native Hawaiian or Other Pacific Islander | 5 | $595,000 | $119,000 | $345,000 | $72,000 | $97,000 |
| Not applicable | 1 | $35,000 | $35,000 | $35,000 | $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) | 1,318 | $101,940,000 | $77,000 | $6,505,000 | $123,000 | $4,200,000 |
| VA-guaranteed (Veterans Administration) | 4 | $20,000 | $5,000 | $5,000 | $738,000 | $2,657,000 |
| FHA-insured (Federal Housing Administration) | 2 | $10,000 | $5,000 | $5,000 | $72,000 | $80,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 498 | $39,130,000 | $78,000 | $555,000 | $118,000 | $832,000 |
| Application Denied By Financial Institution | 415 | $30,095,000 | $72,000 | $505,000 | $103,000 | $2,478,000 |
| Application Withdrawn By Applicant | 292 | $26,300,000 | $90,000 | $6,505,000 | $146,000 | $2,657,000 |
| File Closed For Incompleteness | 59 | $3,195,000 | $54,000 | $515,000 | $254,000 | $4,200,000 |
| Application Approved But Not Accepted | 54 | $3,220,000 | $59,000 | $245,000 | $110,000 | $384,000 |
| Preapproval Denied by Financial Institution | 6 | $30,000 | $5,000 | $5,000 | $64,000 | $144,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 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 | 903 | $71,845,000 | $79,000 | $6,505,000 | $136,000 | $4,200,000 |
| Other | 191 | $13,215,000 | $69,000 | $505,000 | $101,000 | $888,000 |
| Debt-To-Income Ratio | 151 | $11,195,000 | $74,000 | $445,000 | $79,000 | $484,000 |
| Credit History | 41 | $2,885,000 | $70,000 | $255,000 | $155,000 | $2,478,000 |
| Collateral | 31 | $1,565,000 | $50,000 | $155,000 | $157,000 | $1,800,000 |
| Unverifiable Information | 5 | $925,000 | $185,000 | $305,000 | $120,000 | $241,000 |
| Employment History | 2 | $340,000 | $170,000 | $305,000 | $75,000 | $103,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 Chartway Federal Credit Union's 2020 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.