Chartway Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2022
Chartway Federal Credit Union 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 | 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 | 2,209 |
| Total Mortgage Loan Application Amount | $254,845,000 |
| Average Mortgage Loan Application Amount | $158,600 |
| Highest Mortgage Loan Application Amount | $1,445,000 |
| Average Applicant Income | $112,200 |
| Highest Applicant Income | $2,400,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2022 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 2022 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 2022.
| 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 | 436 | $ 41,680,000 | $ 95,000 | $ 114,000 |
| Washington County Utah | 293 | $ 39,525,000 | $ 134,000 | $ 110,000 |
| Chesapeake County Virginia | 243 | $ 22,305,000 | $ 91,000 | $ 117,000 |
| Tooele County Utah | 172 | $ 18,590,000 | $ 108,000 | $ 101,000 |
| Norfolk County Virginia | 150 | $ 11,660,000 | $ 77,000 | $ 92,000 |
| Salt Lake County Utah | 143 | $ 19,445,000 | $ 135,000 | $ 93,000 |
| Harris County Texas | 84 | $ 8,890,000 | $ 105,000 | $ 130,000 |
| Portsmouth County Virginia | 72 | $ 6,310,000 | $ 87,000 | $ 79,000 |
| Suffolk County Virginia | 72 | $ 5,430,000 | $ 75,000 | $ 101,000 |
| Iron County Utah | 45 | $ 5,195,000 | $ 115,000 | $ 103,000 |
| Currituck County North Carolina | 25 | $ 2,695,000 | $ 107,000 | $ 135,000 |
| Montgomery County Texas | 23 | $ 2,405,000 | $ 104,000 | $ 142,000 |
| Utah County Utah | 23 | $ 3,605,000 | $ 156,000 | $ 173,000 |
| Chesterfield County Virginia | 15 | $ 3,235,000 | $ 215,000 | $ 141,000 |
| Hampton County Virginia | 12 | $ 1,320,000 | $ 110,000 | $ 57,000 |
| Isle of Wight County Virginia | 12 | $ 1,180,000 | $ 98,000 | $ 116,000 |
| Davis County Utah | 11 | $ 1,545,000 | $ 140,000 | $ 132,000 |
| Clark County Nevada | 10 | $ 690,000 | $ 69,000 | $ 109,000 |
| Pasquotank County North Carolina | 9 | $ 645,000 | $ 71,000 | $ 74,000 |
| Wake County North Carolina | 8 | $ 960,000 | $ 120,000 | $ 138,000 |
| Fort Bend County Texas | 7 | $ 585,000 | $ 83,000 | $ 112,000 |
| Newport News County Virginia | 7 | $ 765,000 | $ 109,000 | $ 74,000 |
| Beaver County Utah | 6 | $ 450,000 | $ 75,000 | $ 92,000 |
| Richmond City County Virginia | 6 | $ 1,120,000 | $ 186,000 | $ 131,000 |
| Hillsborough County Florida | 5 | $ 725,000 | $ 145,000 | $ 124,000 |
| Camden County North Carolina | 5 | $ 445,000 | $ 89,000 | $ 102,000 |
| Bexar County Texas | 5 | $ 215,000 | $ 43,000 | $ 88,000 |
| Hidalgo County Texas | 5 | $ 975,000 | $ 195,000 | $ 257,000 |
| Pinellas County Florida | 4 | $ 470,000 | $ 117,000 | $ 138,000 |
| Prince George's County Maryland | 4 | $ 380,000 | $ 95,000 | $ 190,000 |
| Mecklenburg County North Carolina | 4 | $ 200,000 | $ 50,000 | $ 134,000 |
| Perquimans County North Carolina | 4 | $ 380,000 | $ 95,000 | $ 82,000 |
| Carbon County Utah | 4 | $ 400,000 | $ 100,000 | $ 119,000 |
| Henrico County Virginia | 4 | $ 1,070,000 | $ 267,000 | $ 73,000 |
| Douglas County Colorado | 3 | $ 125,000 | $ 41,000 | $ 94,000 |
| Manatee County Florida | 3 | $ 745,000 | $ 248,000 | $ 158,000 |
| Orange County Florida | 3 | $ 825,000 | $ 275,000 | $ 120,000 |
| Polk County Florida | 3 | $ 345,000 | $ 115,000 | $ 103,000 |
| Cherokee County Georgia | 3 | $ 125,000 | $ 41,000 | $ 115,000 |
| Honolulu County Hawaii | 3 | $ 1,515,000 | $ 505,000 | $ 104,000 |
| Brunswick County North Carolina | 3 | $ 375,000 | $ 125,000 | $ 26,000 |
| Cache County Utah | 3 | $ 625,000 | $ 208,000 | $ 89,000 |
| Kane County Utah | 3 | $ 705,000 | $ 235,000 | $ 177,000 |
| Weber County Utah | 3 | $ 535,000 | $ 178,000 | $ 115,000 |
| James City County Virginia | 3 | $ 255,000 | $ 85,000 | $ 220,000 |
| Lunenburg County Virginia | 3 | $ 205,000 | $ 68,000 | $ 73,000 |
| Northampton County Virginia | 3 | $ 745,000 | $ 248,000 | $ 112,000 |
| Stafford County Virginia | 3 | $ 155,000 | $ 51,000 | $ 207,000 |
| Maricopa County Arizona | 2 | $ 90,000 | $ 45,000 | $ 173,000 |
| Los Angeles County California | 2 | $ 490,000 | $ 245,000 | $ 215,000 |
| Riverside County California | 2 | $ 170,000 | $ 85,000 | $ 164,000 |
| San Bernardino County California | 2 | $ 470,000 | $ 235,000 | $ 122,000 |
| Arapahoe County Colorado | 2 | $ 80,000 | $ 40,000 | $ 90,000 |
| Citrus County Florida | 2 | $ 410,000 | $ 205,000 | $ 108,000 |
| Hernando County Florida | 2 | $ 200,000 | $ 100,000 | $ 298,000 |
| Pasco County Florida | 2 | $ 310,000 | $ 155,000 | $ 114,000 |
| Forsyth County Georgia | 2 | $ 490,000 | $ 245,000 | $ 89,000 |
| Fulton County Georgia | 2 | $ 250,000 | $ 125,000 | $ 112,000 |
| Gwinnett County Georgia | 2 | $ 190,000 | $ 95,000 | $ 51,000 |
| Chatham County North Carolina | 2 | $ 1,200,000 | $ 600,000 | $ 295,000 |
| Dare County North Carolina | 2 | $ 210,000 | $ 105,000 | $ 85,000 |
| Johnston County North Carolina | 2 | $ 90,000 | $ 45,000 | $ 65,000 |
| Chester County Pennsylvania | 2 | $ 100,000 | $ 50,000 | $ 139,000 |
| York County South Carolina | 2 | $ 570,000 | $ 285,000 | $ 181,000 |
| Brazoria County Texas | 2 | $ 140,000 | $ 70,000 | $ 136,000 |
| Brazos County Texas | 2 | $ 330,000 | $ 165,000 | $ 32,000 |
| Jefferson County Texas | 2 | $ 110,000 | $ 55,000 | $ 97,000 |
| Liberty County Texas | 2 | $ 560,000 | $ 280,000 | $ 106,000 |
| Polk County Texas | 2 | $ 80,000 | $ 40,000 | $ 60,000 |
| Garfield County Utah | 2 | $ 120,000 | $ 60,000 | $ 171,000 |
| Wasatch County Utah | 2 | $ 560,000 | $ 280,000 | $ 90,000 |
| Essex County Virginia | 2 | $ 430,000 | $ 215,000 | $ 20,000 |
| Franklin County Virginia | 2 | $ 210,000 | $ 105,000 | $ 135,000 |
| Hanover County Virginia | 2 | $ 650,000 | $ 325,000 | $ 0 |
| Lancaster County Virginia | 2 | $ 230,000 | $ 115,000 | $ 206,000 |
| Loudoun County Virginia | 2 | $ 1,040,000 | $ 520,000 | $ 361,000 |
| New Kent County Virginia | 2 | $ 310,000 | $ 155,000 | $ 61,000 |
| York County Virginia | 2 | $ 310,000 | $ 155,000 | $ 215,000 |
| King County Washington | 2 | $ 1,480,000 | $ 740,000 | $ 463,000 |
| Cochise County Arizona | 1 | $ 15,000 | $ 15,000 | $ 132,000 |
| Pinal County Arizona | 1 | $ 155,000 | $ 155,000 | $ 120,000 |
| Union County Arkansas | 1 | $ 15,000 | $ 15,000 | $ 76,000 |
| Orange County California | 1 | $ 205,000 | $ 205,000 | $ 454,000 |
| Sacramento County California | 1 | $ 45,000 | $ 45,000 | $ 138,000 |
| San Diego County California | 1 | $ 205,000 | $ 205,000 | $ 255,000 |
| Stanislaus County California | 1 | $ 45,000 | $ 45,000 | $ 224,000 |
| Delta County Colorado | 1 | $ 65,000 | $ 65,000 | $ 67,000 |
| Mesa County Colorado | 1 | $ 75,000 | $ 75,000 | $ 200,000 |
| Weld County Colorado | 1 | $ 435,000 | $ 435,000 | $ 114,000 |
| Fairfield County Connecticut | 1 | $ 55,000 | $ 55,000 | $ 108,000 |
| Kent County Delaware | 1 | $ 55,000 | $ 55,000 | $ 54,000 |
| New Castle County Delaware | 1 | $ 65,000 | $ 65,000 | $ 85,000 |
| Broward County Florida | 1 | $ 25,000 | $ 25,000 | $ 145,000 |
| Seminole County Florida | 1 | $ 85,000 | $ 85,000 | $ 116,000 |
| St. Johns County Florida | 1 | $ 35,000 | $ 35,000 | $ 173,000 |
| St. Lucie County Florida | 1 | $ 5,000 | $ 5,000 | $ 48,000 |
| Cobb County Georgia | 1 | $ 55,000 | $ 55,000 | $ 152,000 |
| DeKalb County Georgia | 1 | $ 35,000 | $ 35,000 | $ 53,000 |
| Fayette County Georgia | 1 | $ 155,000 | $ 155,000 | $ 41,000 |
| Henry County Georgia | 1 | $ 65,000 | $ 65,000 | $ 80,000 |
| Lincoln County Georgia | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Spalding County Georgia | 1 | $ 15,000 | $ 15,000 | $ 99,000 |
| Maui County Hawaii | 1 | $ 155,000 | $ 155,000 | $ 160,000 |
| Alexander County Illinois | 1 | $ 15,000 | $ 15,000 | $ 56,000 |
| Johnson County Indiana | 1 | $ 25,000 | $ 25,000 | $ 126,000 |
| Marion County Indiana | 1 | $ 435,000 | $ 435,000 | $ 124,000 |
| Noble County Indiana | 1 | $ 25,000 | $ 25,000 | $ 40,000 |
| Laurel County Kentucky | 1 | $ 15,000 | $ 15,000 | $ 42,000 |
| Charles County Maryland | 1 | $ 105,000 | $ 105,000 | $ 172,000 |
| St. Mary's County Maryland | 1 | $ 125,000 | $ 125,000 | $ 184,000 |
| Washington County Maryland | 1 | $ 25,000 | $ 25,000 | $ 77,000 |
| Kalamazoo County Michigan | 1 | $ 65,000 | $ 65,000 | $ 115,000 |
| DeSoto County Mississippi | 1 | $ 55,000 | $ 55,000 | $ 162,000 |
| Oktibbeha County Mississippi | 1 | $ 45,000 | $ 45,000 | $ 40,000 |
| Washington County Mississippi | 1 | $ 65,000 | $ 65,000 | $ 67,000 |
| Greene County Missouri | 1 | $ 45,000 | $ 45,000 | $ 70,000 |
| Platte County Missouri | 1 | $ 15,000 | $ 15,000 | $ 122,000 |
| Elko County Nevada | 1 | $ 85,000 | $ 85,000 | $ 135,000 |
| Merrimack County New Hampshire | 1 | $ 35,000 | $ 35,000 | $ 165,000 |
| Camden County New Jersey | 1 | $ 75,000 | $ 75,000 | $ 175,000 |
| Taos County New Mexico | 1 | $ 75,000 | $ 75,000 | $ 189,000 |
| Steuben County New York | 1 | $ 75,000 | $ 75,000 | $ 48,000 |
| Carteret County North Carolina | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Catawba County North Carolina | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Gates County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 102,000 |
| Guilford County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 85,000 |
| Iredell County North Carolina | 1 | $ 95,000 | $ 95,000 | $ 86,000 |
| Vance County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 112,000 |
| Washington County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 135,000 |
| Butler County Ohio | 1 | $ 85,000 | $ 85,000 | $ 164,000 |
| Cuyahoga County Ohio | 1 | $ 45,000 | $ 45,000 | $ 48,000 |
| Gallia County Ohio | 1 | $ 55,000 | $ 55,000 | $ 31,000 |
| Licking County Ohio | 1 | $ 25,000 | $ 25,000 | $ 34,000 |
| Lorain County Ohio | 1 | $ 25,000 | $ 25,000 | $ 44,000 |
| Haskell County Oklahoma | 1 | $ 45,000 | $ 45,000 | $ 16,000 |
| McClain County Oklahoma | 1 | $ 275,000 | $ 275,000 | $ 88,000 |
| Lincoln County Oregon | 1 | $ 205,000 | $ 205,000 | $ 234,000 |
| Multnomah County Oregon | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Tillamook County Oregon | 1 | $ 15,000 | $ 15,000 | $ 74,000 |
| Washington County Oregon | 1 | $ 175,000 | $ 175,000 | $ 137,000 |
| Philadelphia County Pennsylvania | 1 | $ 105,000 | $ 105,000 | $ 29,000 |
| Kent County Rhode Island | 1 | $ 35,000 | $ 35,000 | $ 91,000 |
| Providence County Rhode Island | 1 | $ 95,000 | $ 95,000 | $ 72,000 |
| Washington County Rhode Island | 1 | $ 105,000 | $ 105,000 | $ 92,000 |
| Beaufort County South Carolina | 1 | $ 415,000 | $ 415,000 | $ 330,000 |
| Berkeley County South Carolina | 1 | $ 15,000 | $ 15,000 | $ 64,000 |
| Georgetown County South Carolina | 1 | $ 45,000 | $ 45,000 | $ 235,000 |
| Lancaster County South Carolina | 1 | $ 285,000 | $ 285,000 | $ 90,000 |
| Lincoln County South Dakota | 1 | $ 65,000 | $ 65,000 | $ 198,000 |
| Loudon County Tennessee | 1 | $ 115,000 | $ 115,000 | $ 38,000 |
| Maury County Tennessee | 1 | $ 45,000 | $ 45,000 | $ 74,000 |
| Angelina County Texas | 1 | $ 85,000 | $ 85,000 | $ 101,000 |
| Bell County Texas | 1 | $ 35,000 | $ 35,000 | $ 82,000 |
| Burnet County Texas | 1 | $ 125,000 | $ 125,000 | $ 192,000 |
| Chambers County Texas | 1 | $ 55,000 | $ 55,000 | $ 152,000 |
| Collin County Texas | 1 | $ 205,000 | $ 205,000 | $ 300,000 |
| Comal County Texas | 1 | $ 805,000 | $ 805,000 | $ 463,000 |
| Duval County Texas | 1 | $ 85,000 | $ 85,000 | $ 76,000 |
| Galveston County Texas | 1 | $ 345,000 | $ 345,000 | $ 288,000 |
| Grimes County Texas | 1 | $ 65,000 | $ 65,000 | $ 104,000 |
| Henderson County Texas | 1 | $ 35,000 | $ 35,000 | $ 76,000 |
| Houston County Texas | 1 | $ 275,000 | $ 275,000 | $ 81,000 |
| Nueces County Texas | 1 | $ 145,000 | $ 145,000 | $ 96,000 |
| San Jacinto County Texas | 1 | $ 65,000 | $ 65,000 | $ 56,000 |
| Travis County Texas | 1 | $ 145,000 | $ 145,000 | $ 116,000 |
| Walker County Texas | 1 | $ 105,000 | $ 105,000 | $ 84,000 |
| Waller County Texas | 1 | $ 35,000 | $ 35,000 | $ 171,000 |
| Duchesne County Utah | 1 | $ 885,000 | $ 885,000 | $ 445,000 |
| Millard County Utah | 1 | $ 25,000 | $ 25,000 | $ 54,000 |
| Augusta County Virginia | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Botetourt County Virginia | 1 | $ 35,000 | $ 35,000 | $ 192,000 |
| Charlotte County Virginia | 1 | $ 105,000 | $ 105,000 | $ 86,000 |
| Colonial Heights County Virginia | 1 | $ 35,000 | $ 35,000 | $ 82,000 |
| Fairfax County Virginia | 1 | $ 75,000 | $ 75,000 | $ 96,000 |
| Fairfax City County Virginia | 1 | $ 125,000 | $ 125,000 | $ 104,000 |
| Franklin City County Virginia | 1 | $ 25,000 | $ 25,000 | $ 39,000 |
| Goochland County Virginia | 1 | $ 435,000 | $ 435,000 | $ 0 |
| Highland County Virginia | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Louisa County Virginia | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Madison County Virginia | 1 | $ 355,000 | $ 355,000 | $ 0 |
| Nottoway County Virginia | 1 | $ 125,000 | $ 125,000 | $ 71,000 |
| Pittsylvania County Virginia | 1 | $ 275,000 | $ 275,000 | $ 121,000 |
| Poquoson County Virginia | 1 | $ 125,000 | $ 125,000 | $ 106,000 |
| Prince George County Virginia | 1 | $ 25,000 | $ 25,000 | $ 163,000 |
| Shenandoah County Virginia | 1 | $ 75,000 | $ 75,000 | $ 102,000 |
| Surry County Virginia | 1 | $ 65,000 | $ 65,000 | $ 115,000 |
| Williamsburg County Virginia | 1 | $ 45,000 | $ 45,000 | $ 78,000 |
| Lincoln County Washington | 1 | $ 255,000 | $ 255,000 | $ 43,000 |
| Summers County West Virginia | 1 | $ 45,000 | $ 45,000 | $ 18,000 |
| Dane County Wisconsin | 1 | $ 35,000 | $ 35,000 | $ 241,000 |
| St. Croix County Wisconsin | 1 | $ 305,000 | $ 305,000 | $ 122,000 |
Mortgage Loan Application Detail Totals for Chartway Federal Credit Union 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 | 802 | $62,540,000 | $77,000 | $985,000 | $107,000 | $585,000 |
| Other Purpose | 724 | $61,150,000 | $84,000 | $665,000 | $106,000 | $2,400,000 |
| Refinancing | 365 | $48,425,000 | $132,000 | $885,000 | $120,000 | $744,000 |
| Home Purchase | 194 | $56,960,000 | $293,000 | $1,445,000 | $127,000 | $837,000 |
| Cash-out Refinancing | 124 | $25,770,000 | $207,000 | $635,000 | $101,000 | $818,000 |
| 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 | 1,385 | $154,155,000 | $111,000 | $985,000 | $114,000 | $2,280,000 |
| Black or African American | 357 | $33,775,000 | $94,000 | $645,000 | $94,000 | $786,000 |
| Hispanic | 171 | $22,585,000 | $132,000 | $1,155,000 | $113,000 | $2,400,000 |
| Not Provided | 158 | $21,410,000 | $135,000 | $1,445,000 | $111,000 | $820,000 |
| Asian | 82 | $10,420,000 | $127,000 | $975,000 | $112,000 | $361,000 |
| Not applicable | 25 | $8,405,000 | $336,000 | $635,000 | $0 | $0 |
| American Indian or Alaskan Native | 13 | $1,435,000 | $110,000 | $405,000 | $88,000 | $294,000 |
| Native Hawaiian or Other Pacific Islander | 7 | $1,075,000 | $153,000 | $555,000 | $101,000 | $288,000 |
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) | 2,169 | $245,375,000 | $113,000 | $1,445,000 | $111,000 | $2,400,000 |
| FHA-insured (Federal Housing Administration) | 31 | $7,045,000 | $227,000 | $645,000 | $56,000 | $205,000 |
| VA-guaranteed (Veterans Administration) | 7 | $1,885,000 | $269,000 | $395,000 | $72,000 | $104,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 2 | $540,000 | $270,000 | $375,000 | $23,000 | $46,000 |
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 | 1,027 | $116,335,000 | $113,000 | $1,445,000 | $122,000 | $1,190,000 |
| Application Withdrawn By Applicant | 521 | $56,725,000 | $108,000 | $665,000 | $107,000 | $2,280,000 |
| Application Denied By Financial Institution | 460 | $44,800,000 | $97,000 | $985,000 | $93,000 | $2,400,000 |
| Application Approved But Not Accepted | 85 | $7,685,000 | $90,000 | $455,000 | $106,000 | $504,000 |
| Preapproval Denied by Financial Institution | 52 | $13,680,000 | $263,000 | $645,000 | $76,000 | $657,000 |
| File Closed For Incompleteness | 39 | $7,215,000 | $185,000 | $505,000 | $121,000 | $818,000 |
| Loan Purchased By The Institution | 25 | $8,405,000 | $336,000 | $635,000 | $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 | 1,697 | $196,365,000 | $115,000 | $1,445,000 | $116,000 | $2,280,000 |
| Debt-To-Income Ratio | 195 | $24,525,000 | $125,000 | $985,000 | $79,000 | $710,000 |
| Credit History | 187 | $21,595,000 | $115,000 | $645,000 | $85,000 | $540,000 |
| Other | 90 | $9,620,000 | $106,000 | $765,000 | $125,000 | $2,400,000 |
| Credit Application Incomplete | 18 | $1,080,000 | $60,000 | $205,000 | $116,000 | $215,000 |
| Unverifiable Information | 11 | $925,000 | $84,000 | $285,000 | $78,000 | $170,000 |
| Collateral | 9 | $505,000 | $56,000 | $185,000 | $124,000 | $221,000 |
| Employment History | 2 | $230,000 | $115,000 | $165,000 | $65,000 | $85,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Chartway Federal Credit Union'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 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.
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with aggregated HMDA statistics today.