Chartway Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Chartway Federal Credit Union 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 | 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 | 2,066 |
| Total Mortgage Loan Application Amount | $320,150,000 |
| Average Mortgage Loan Application Amount | $202,600 |
| Highest Mortgage Loan Application Amount | $1,485,000 |
| Average Applicant Income | $138,000 |
| Highest Applicant Income | $2,803,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 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 2023 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 2023.
| 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 | 396 | $ 43,400,000 | $ 109,000 | $ 119,000 |
| Chesapeake County Virginia | 217 | $ 24,485,000 | $ 112,000 | $ 114,000 |
| Salt Lake County Utah | 187 | $ 41,915,000 | $ 224,000 | $ 109,000 |
| Washington County Utah | 180 | $ 25,540,000 | $ 141,000 | $ 126,000 |
| Norfolk County Virginia | 154 | $ 10,750,000 | $ 69,000 | $ 103,000 |
| Tooele County Utah | 107 | $ 9,935,000 | $ 92,000 | $ 102,000 |
| Harris County Texas | 91 | $ 7,565,000 | $ 83,000 | $ 100,000 |
| Chesterfield County Virginia | 69 | $ 25,395,000 | $ 368,000 | $ 119,000 |
| Suffolk County Virginia | 60 | $ 6,940,000 | $ 115,000 | $ 104,000 |
| Portsmouth County Virginia | 51 | $ 3,305,000 | $ 64,000 | $ 79,000 |
| Iron County Utah | 41 | $ 4,645,000 | $ 113,000 | $ 172,000 |
| Utah County Utah | 31 | $ 9,735,000 | $ 314,000 | $ 135,000 |
| Currituck County North Carolina | 28 | $ 8,940,000 | $ 319,000 | $ 131,000 |
| Dare County North Carolina | 23 | $ 10,065,000 | $ 437,000 | $ 196,000 |
| Henrico County Virginia | 21 | $ 6,965,000 | $ 331,000 | $ 265,000 |
| Montgomery County Texas | 20 | $ 1,490,000 | $ 74,000 | $ 112,000 |
| Davis County Utah | 16 | $ 3,950,000 | $ 246,000 | $ 90,000 |
| Richmond City County Virginia | 16 | $ 6,260,000 | $ 391,000 | $ 237,000 |
| Hampton County Virginia | 14 | $ 1,780,000 | $ 127,000 | $ 134,000 |
| Weber County Utah | 13 | $ 2,675,000 | $ 205,000 | $ 98,000 |
| Hanover County Virginia | 10 | $ 3,740,000 | $ 374,000 | $ 0 |
| Newport News County Virginia | 10 | $ 1,060,000 | $ 106,000 | $ 84,000 |
| Isle of Wight County Virginia | 9 | $ 465,000 | $ 51,000 | $ 120,000 |
| New Kent County Virginia | 8 | $ 2,640,000 | $ 330,000 | $ 107,000 |
| Powhatan County Virginia | 8 | $ 3,360,000 | $ 420,000 | $ 99,000 |
| Mohave County Arizona | 7 | $ 1,015,000 | $ 145,000 | $ 87,000 |
| Gates County North Carolina | 7 | $ 225,000 | $ 32,000 | $ 80,000 |
| Pasquotank County North Carolina | 7 | $ 325,000 | $ 46,000 | $ 74,000 |
| Fort Bend County Texas | 7 | $ 785,000 | $ 112,000 | $ 139,000 |
| Wake County North Carolina | 6 | $ 1,580,000 | $ 263,000 | $ 211,000 |
| Brazoria County Texas | 6 | $ 200,000 | $ 33,000 | $ 106,000 |
| Southampton County Virginia | 6 | $ 450,000 | $ 75,000 | $ 107,000 |
| Camden County North Carolina | 5 | $ 745,000 | $ 149,000 | $ 61,000 |
| Carbon County Utah | 5 | $ 965,000 | $ 193,000 | $ 264,000 |
| Goochland County Virginia | 4 | $ 1,870,000 | $ 467,000 | $ 0 |
| Lancaster County Virginia | 4 | $ 2,610,000 | $ 652,000 | $ 0 |
| Hillsborough County Florida | 3 | $ 365,000 | $ 121,000 | $ 137,000 |
| Pinellas County Florida | 3 | $ 355,000 | $ 118,000 | $ 79,000 |
| Chowan County North Carolina | 3 | $ 165,000 | $ 55,000 | $ 121,000 |
| Denton County Texas | 3 | $ 415,000 | $ 138,000 | $ 203,000 |
| El Paso County Texas | 3 | $ 365,000 | $ 121,000 | $ 115,000 |
| Galveston County Texas | 3 | $ 665,000 | $ 221,000 | $ 277,000 |
| Beaver County Utah | 3 | $ 395,000 | $ 131,000 | $ 59,000 |
| Wasatch County Utah | 3 | $ 1,385,000 | $ 461,000 | $ 125,000 |
| Bedford County Virginia | 3 | $ 1,485,000 | $ 495,000 | $ 196,000 |
| Fairfax County Virginia | 3 | $ 385,000 | $ 128,000 | $ 222,000 |
| Franklin County Virginia | 3 | $ 1,505,000 | $ 501,000 | $ 0 |
| Gloucester County Virginia | 3 | $ 595,000 | $ 198,000 | $ 77,000 |
| King William County Virginia | 3 | $ 765,000 | $ 255,000 | $ 0 |
| Mathews County Virginia | 3 | $ 1,155,000 | $ 385,000 | $ 0 |
| Northumberland County Virginia | 3 | $ 1,565,000 | $ 521,000 | $ 0 |
| York County Virginia | 3 | $ 1,155,000 | $ 385,000 | $ 180,000 |
| Van Buren County Arkansas | 2 | $ 50,000 | $ 25,000 | $ 44,000 |
| Los Angeles County California | 2 | $ 110,000 | $ 55,000 | $ 133,000 |
| Manatee County Florida | 2 | $ 170,000 | $ 85,000 | $ 107,000 |
| Miami-Dade County Florida | 2 | $ 550,000 | $ 275,000 | $ 108,000 |
| Clayton County Georgia | 2 | $ 40,000 | $ 20,000 | $ 97,000 |
| DeKalb County Georgia | 2 | $ 450,000 | $ 225,000 | $ 252,000 |
| Gwinnett County Georgia | 2 | $ 250,000 | $ 125,000 | $ 79,000 |
| Hamilton County Indiana | 2 | $ 160,000 | $ 80,000 | $ 130,000 |
| Oakland County Michigan | 2 | $ 80,000 | $ 40,000 | $ 144,000 |
| Clark County Nevada | 2 | $ 120,000 | $ 60,000 | $ 141,000 |
| Essex County New Jersey | 2 | $ 270,000 | $ 135,000 | $ 539,000 |
| Brunswick County North Carolina | 2 | $ 350,000 | $ 175,000 | $ 357,000 |
| Mecklenburg County North Carolina | 2 | $ 510,000 | $ 255,000 | $ 70,000 |
| Perquimans County North Carolina | 2 | $ 120,000 | $ 60,000 | $ 37,000 |
| Licking County Ohio | 2 | $ 50,000 | $ 25,000 | $ 43,000 |
| Marion County Oregon | 2 | $ 120,000 | $ 60,000 | $ 30,000 |
| Montgomery County Pennsylvania | 2 | $ 220,000 | $ 110,000 | $ 91,000 |
| Dallas County Texas | 2 | $ 60,000 | $ 30,000 | $ 363,000 |
| Liberty County Texas | 2 | $ 210,000 | $ 105,000 | $ 91,000 |
| San Jacinto County Texas | 2 | $ 350,000 | $ 175,000 | $ 98,000 |
| Tarrant County Texas | 2 | $ 120,000 | $ 60,000 | $ 157,000 |
| Millard County Utah | 2 | $ 170,000 | $ 85,000 | $ 139,000 |
| Summit County Utah | 2 | $ 120,000 | $ 60,000 | $ 71,000 |
| Augusta County Virginia | 2 | $ 870,000 | $ 435,000 | $ 0 |
| Colonial Heights County Virginia | 2 | $ 340,000 | $ 170,000 | $ 104,000 |
| Essex County Virginia | 2 | $ 670,000 | $ 335,000 | $ 0 |
| Fluvanna County Virginia | 2 | $ 840,000 | $ 420,000 | $ 0 |
| Frederick County Virginia | 2 | $ 110,000 | $ 55,000 | $ 127,000 |
| James City County Virginia | 2 | $ 320,000 | $ 160,000 | $ 125,000 |
| Mecklenburg County Virginia | 2 | $ 910,000 | $ 455,000 | $ 0 |
| Montgomery County Virginia | 2 | $ 660,000 | $ 330,000 | $ 260,000 |
| Northampton County Virginia | 2 | $ 620,000 | $ 310,000 | $ 0 |
| King County Washington | 2 | $ 200,000 | $ 100,000 | $ 605,000 |
| Coconino County Arizona | 1 | $ 425,000 | $ 425,000 | $ 31,000 |
| Maricopa County Arizona | 1 | $ 75,000 | $ 75,000 | $ 300,000 |
| Faulkner County Arkansas | 1 | $ 15,000 | $ 15,000 | $ 157,000 |
| Fresno County California | 1 | $ 35,000 | $ 35,000 | $ 112,000 |
| San Bernardino County California | 1 | $ 235,000 | $ 235,000 | $ 234,000 |
| San Diego County California | 1 | $ 75,000 | $ 75,000 | $ 121,000 |
| San Joaquin County California | 1 | $ 55,000 | $ 55,000 | $ 183,000 |
| Fairfield County Connecticut | 1 | $ 115,000 | $ 115,000 | $ 91,000 |
| New Haven County Connecticut | 1 | $ 65,000 | $ 65,000 | $ 84,000 |
| Windham County Connecticut | 1 | $ 65,000 | $ 65,000 | $ 52,000 |
| District of Columbia County District Of Columbia | 1 | $ 315,000 | $ 315,000 | $ 80,000 |
| Duval County Florida | 1 | $ 145,000 | $ 145,000 | $ 31,000 |
| Lake County Florida | 1 | $ 35,000 | $ 35,000 | $ 137,000 |
| Lee County Florida | 1 | $ 105,000 | $ 105,000 | $ 92,000 |
| Marion County Florida | 1 | $ 205,000 | $ 205,000 | $ 83,000 |
| Cobb County Georgia | 1 | $ 75,000 | $ 75,000 | $ 117,000 |
| Coweta County Georgia | 1 | $ 95,000 | $ 95,000 | $ 80,000 |
| Forsyth County Georgia | 1 | $ 75,000 | $ 75,000 | $ 113,000 |
| Fulton County Georgia | 1 | $ 265,000 | $ 265,000 | $ 238,000 |
| Laurens County Georgia | 1 | $ 285,000 | $ 285,000 | $ 119,000 |
| Spalding County Georgia | 1 | $ 35,000 | $ 35,000 | $ 102,000 |
| Honolulu County Hawaii | 1 | $ 45,000 | $ 45,000 | $ 43,000 |
| Knox County Illinois | 1 | $ 25,000 | $ 25,000 | $ 34,000 |
| Wicomico County Maryland | 1 | $ 55,000 | $ 55,000 | $ 117,000 |
| Essex County Massachusetts | 1 | $ 55,000 | $ 55,000 | $ 125,000 |
| Ionia County Michigan | 1 | $ 55,000 | $ 55,000 | $ 97,000 |
| Shiawassee County Michigan | 1 | $ 75,000 | $ 75,000 | $ 48,000 |
| Harrison County Missouri | 1 | $ 55,000 | $ 55,000 | $ 197,000 |
| Jefferson County Montana | 1 | $ 15,000 | $ 15,000 | $ 164,000 |
| Cass County Nebraska | 1 | $ 25,000 | $ 25,000 | $ 118,000 |
| Elko County Nevada | 1 | $ 85,000 | $ 85,000 | $ 74,000 |
| Washoe County Nevada | 1 | $ 55,000 | $ 55,000 | $ 44,000 |
| Cheshire County New Hampshire | 1 | $ 55,000 | $ 55,000 | $ 109,000 |
| Burlington County New Jersey | 1 | $ 45,000 | $ 45,000 | $ 113,000 |
| Camden County New Jersey | 1 | $ 75,000 | $ 75,000 | $ 175,000 |
| Ocean County New Jersey | 1 | $ 15,000 | $ 15,000 | $ 54,000 |
| Passaic County New Jersey | 1 | $ 55,000 | $ 55,000 | $ 193,000 |
| Nassau County New York | 1 | $ 25,000 | $ 25,000 | $ 90,000 |
| Rensselaer County New York | 1 | $ 175,000 | $ 175,000 | $ 58,000 |
| Suffolk County New York | 1 | $ 155,000 | $ 155,000 | $ 278,000 |
| Alamance County North Carolina | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Cumberland County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 124,000 |
| Durham County North Carolina | 1 | $ 35,000 | $ 35,000 | $ 46,000 |
| Forsyth County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 71,000 |
| Gaston County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Halifax County North Carolina | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Hertford County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 172,000 |
| Madison County North Carolina | 1 | $ 565,000 | $ 565,000 | $ 0 |
| Northampton County North Carolina | 1 | $ 625,000 | $ 625,000 | $ 0 |
| Onslow County North Carolina | 1 | $ 725,000 | $ 725,000 | $ 0 |
| Orange County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 1,034,000 |
| Wilson County North Carolina | 1 | $ 35,000 | $ 35,000 | $ 72,000 |
| Yadkin County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Clermont County Ohio | 1 | $ 75,000 | $ 75,000 | $ 178,000 |
| Cuyahoga County Ohio | 1 | $ 55,000 | $ 55,000 | $ 50,000 |
| Clackamas County Oregon | 1 | $ 75,000 | $ 75,000 | $ 229,000 |
| Lincoln County Oregon | 1 | $ 195,000 | $ 195,000 | $ 220,000 |
| Tillamook County Oregon | 1 | $ 65,000 | $ 65,000 | $ 96,000 |
| Chester County Pennsylvania | 1 | $ 85,000 | $ 85,000 | $ 125,000 |
| Union County Pennsylvania | 1 | $ 65,000 | $ 65,000 | $ 191,000 |
| Washington County Pennsylvania | 1 | $ 25,000 | $ 25,000 | $ 87,000 |
| Westmoreland County Pennsylvania | 1 | $ 185,000 | $ 185,000 | $ 38,000 |
| Kent County Rhode Island | 1 | $ 75,000 | $ 75,000 | $ 146,000 |
| Washington County Rhode Island | 1 | $ 55,000 | $ 55,000 | $ 44,000 |
| Spartanburg County South Carolina | 1 | $ 55,000 | $ 55,000 | $ 156,000 |
| York County South Carolina | 1 | $ 1,005,000 | $ 1,005,000 | $ 0 |
| Greene County Tennessee | 1 | $ 25,000 | $ 25,000 | $ 221,000 |
| Sullivan County Tennessee | 1 | $ 105,000 | $ 105,000 | $ 49,000 |
| Bell County Texas | 1 | $ 165,000 | $ 165,000 | $ 53,000 |
| Brazos County Texas | 1 | $ 55,000 | $ 55,000 | $ 28,000 |
| Burleson County Texas | 1 | $ 185,000 | $ 185,000 | $ 191,000 |
| Chambers County Texas | 1 | $ 15,000 | $ 15,000 | $ 0 |
| Comal County Texas | 1 | $ 35,000 | $ 35,000 | $ 130,000 |
| Gregg County Texas | 1 | $ 15,000 | $ 15,000 | $ 25,000 |
| Grimes County Texas | 1 | $ 45,000 | $ 45,000 | $ 100,000 |
| Jefferson County Texas | 1 | $ 45,000 | $ 45,000 | $ 78,000 |
| McLennan County Texas | 1 | $ 35,000 | $ 35,000 | $ 81,000 |
| Waller County Texas | 1 | $ 125,000 | $ 125,000 | $ 118,000 |
| Wilson County Texas | 1 | $ 15,000 | $ 15,000 | $ 185,000 |
| Box Elder County Utah | 1 | $ 265,000 | $ 265,000 | $ 51,000 |
| Cache County Utah | 1 | $ 265,000 | $ 265,000 | $ 106,000 |
| Daggett County Utah | 1 | $ 275,000 | $ 275,000 | $ 182,000 |
| Duchesne County Utah | 1 | $ 55,000 | $ 55,000 | $ 58,000 |
| Kane County Utah | 1 | $ 135,000 | $ 135,000 | $ 155,000 |
| San Juan County Utah | 1 | $ 85,000 | $ 85,000 | $ 109,000 |
| Sanpete County Utah | 1 | $ 225,000 | $ 225,000 | $ 55,000 |
| Albemarle County Virginia | 1 | $ 775,000 | $ 775,000 | $ 0 |
| Amherst County Virginia | 1 | $ 485,000 | $ 485,000 | $ 0 |
| Charles City County Virginia | 1 | $ 365,000 | $ 365,000 | $ 0 |
| Charlotte County Virginia | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Charlottesville County Virginia | 1 | $ 375,000 | $ 375,000 | $ 0 |
| Fauquier County Virginia | 1 | $ 85,000 | $ 85,000 | $ 79,000 |
| Franklin City County Virginia | 1 | $ 5,000 | $ 5,000 | $ 30,000 |
| Fredericksburg County Virginia | 1 | $ 365,000 | $ 365,000 | $ 0 |
| Halifax County Virginia | 1 | $ 55,000 | $ 55,000 | $ 19,000 |
| King and Queen County Virginia | 1 | $ 215,000 | $ 215,000 | $ 0 |
| Loudoun County Virginia | 1 | $ 1,035,000 | $ 1,035,000 | $ 0 |
| Louisa County Virginia | 1 | $ 45,000 | $ 45,000 | $ 76,000 |
| Middlesex County Virginia | 1 | $ 595,000 | $ 595,000 | $ 0 |
| Orange County Virginia | 1 | $ 455,000 | $ 455,000 | $ 0 |
| Poquoson County Virginia | 1 | $ 205,000 | $ 205,000 | $ 185,000 |
| Prince George County Virginia | 1 | $ 375,000 | $ 375,000 | $ 0 |
| Roanoke County Virginia | 1 | $ 725,000 | $ 725,000 | $ 0 |
| Salem County Virginia | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Spotsylvania County Virginia | 1 | $ 545,000 | $ 545,000 | $ 0 |
| Stafford County Virginia | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Surry County Virginia | 1 | $ 65,000 | $ 65,000 | $ 91,000 |
| St. Croix County Wisconsin | 1 | $ 295,000 | $ 295,000 | $ 113,000 |
Mortgage Loan Application Detail Totals for Chartway Federal Credit Union 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 Improvement | 686 | $51,880,000 | $75,000 | $505,000 | $113,000 | $932,000 |
| Other Purpose | 613 | $47,795,000 | $77,000 | $665,000 | $111,000 | $970,000 |
| Home Purchase | 406 | $166,350,000 | $409,000 | $1,485,000 | $142,000 | $2,803,000 |
| Refinancing | 328 | $43,550,000 | $132,000 | $665,000 | $117,000 | $540,000 |
| Cash-out Refinancing | 33 | $10,575,000 | $320,000 | $1,205,000 | $207,000 | $2,760,000 |
| 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 | 1,078 | $108,420,000 | $100,000 | $1,205,000 | $123,000 | $2,760,000 |
| Black or African American | 289 | $22,115,000 | $76,000 | $405,000 | $97,000 | $509,000 |
| Not applicable | 251 | $112,205,000 | $447,000 | $1,485,000 | $0 | $0 |
| Hispanic | 239 | $53,835,000 | $225,000 | $675,000 | $98,000 | $525,000 |
| Not Provided | 120 | $15,560,000 | $129,000 | $1,045,000 | $152,000 | $2,803,000 |
| Asian | 60 | $5,700,000 | $95,000 | $675,000 | $128,000 | $970,000 |
| American Indian or Alaskan Native | 13 | $1,005,000 | $77,000 | $425,000 | $73,000 | $133,000 |
| Native Hawaiian or Other Pacific Islander | 11 | $1,045,000 | $95,000 | $345,000 | $110,000 | $192,000 |
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) | 2,060 | $318,730,000 | $154,000 | $1,485,000 | $117,000 | $2,803,000 |
| VA-guaranteed (Veterans Administration) | 3 | $715,000 | $238,000 | $495,000 | $99,000 | $193,000 |
| FHA-insured (Federal Housing Administration) | 2 | $590,000 | $295,000 | $305,000 | $52,000 | $66,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $115,000 | $115,000 | $115,000 | $103,000 | $103,000 |
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 | 891 | $111,475,000 | $125,000 | $1,045,000 | $125,000 | $932,000 |
| Application Denied By Financial Institution | 586 | $59,540,000 | $101,000 | $1,205,000 | $107,000 | $2,803,000 |
| Application Withdrawn By Applicant | 267 | $30,685,000 | $114,000 | $675,000 | $111,000 | $552,000 |
| Loan Purchased By The Institution | 251 | $112,205,000 | $447,000 | $1,485,000 | $0 | $0 |
| Application Approved But Not Accepted | 67 | $4,725,000 | $70,000 | $205,000 | $102,000 | $388,000 |
| File Closed For Incompleteness | 4 | $1,520,000 | $380,000 | $835,000 | $335,000 | $1,034,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 1,480 | $260,610,000 | $176,000 | $1,485,000 | $121,000 | $1,034,000 |
| Debt-To-Income Ratio | 216 | $26,420,000 | $122,000 | $1,205,000 | $83,000 | $294,000 |
| Credit History | 154 | $12,000,000 | $77,000 | $505,000 | $124,000 | $2,803,000 |
| Credit Application Incomplete | 144 | $12,830,000 | $89,000 | $505,000 | $108,000 | $509,000 |
| Collateral | 43 | $4,095,000 | $95,000 | $435,000 | $147,000 | $970,000 |
| Other | 15 | $1,725,000 | $115,000 | $265,000 | $155,000 | $360,000 |
| Unverifiable Information | 12 | $2,150,000 | $179,000 | $435,000 | $121,000 | $827,000 |
| Employment History | 1 | $255,000 | $255,000 | $255,000 | $74,000 | $74,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $65,000 | $65,000 | $65,000 | $135,000 | $135,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Chartway Federal Credit Union'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 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.