City-County FCU Mortgage Lending & HMDA Data, 2007
In 2007, City-County FCU of Brooklyn Center, MN reported 764 mortgage applications totaling $40.4 million, up 6% from 2006. The average application was for $52,850, and applicants reported an average income of $81,918. 76% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Minneapolis-St. Paul-Bloomington, MN-WI (732), Duluth, MN-WI (2) and St. Cloud, MN (1) (applications in parentheses).
| Mortgage Company & Address | City-County FCU 6160 Summit Drive Brooklyn Center, MN 55430 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 764 |
| Total Mortgage Loan Application Amount | $40,378,000 |
| Average Mortgage Loan Application Amount | $52,850 |
| Highest Mortgage Loan Application Amount | $580,000 |
| Average Applicant Income | $81,918 |
| Highest Applicant Income | $1,230,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records City-County FCU filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Hennepin, Minnesota | 451 | $ 23,276,000 | $ 51,609 | $ 78,000 |
| Anoka, Minnesota | 90 | $ 4,264,000 | $ 47,377 | $ 76,000 |
| Ramsey, Minnesota | 60 | $ 3,261,000 | $ 54,350 | $ 98,000 |
| Dakota, Minnesota | 54 | $ 2,631,000 | $ 48,722 | $ 83,000 |
| Washington, Minnesota | 17 | $ 861,000 | $ 50,647 | $ 102,000 |
| Wright, Minnesota | 17 | $ 1,586,000 | $ 93,294 | $ 106,000 |
| Carver, Minnesota | 14 | $ 580,000 | $ 41,428 | $ 91,000 |
| Sherburne, Minnesota | 11 | $ 419,000 | $ 38,090 | $ 93,000 |
| Isanti, Minnesota | 8 | $ 930,000 | $ 116,250 | $ 85,000 |
| Scott, Minnesota | 8 | $ 300,000 | $ 37,500 | $ 97,000 |
| Crow Wing, Minnesota | 4 | $ 359,000 | $ 89,750 | $ 52,000 |
| Goodhue, Minnesota | 4 | $ 130,000 | $ 32,500 | $ 96,000 |
| Aitkin, Minnesota | 2 | $ 105,000 | $ 52,500 | $ 113,000 |
| Chisago, Minnesota | 2 | $ 622,000 | $ 311,000 | $ 124,000 |
| Douglas, Minnesota | 2 | $ 91,000 | $ 45,500 | $ 148,000 |
| Itasca, Minnesota | 2 | $ 130,000 | $ 65,000 | $ 62,000 |
| McLeod, Minnesota | 2 | $ 18,000 | $ 9,000 | $ 55,000 |
| Rice, Minnesota | 2 | $ 20,000 | $ 10,000 | $ 64,000 |
| St. Louis, Minnesota | 2 | $ 52,000 | $ 26,000 | $ 78,000 |
| Becker, Minnesota | 1 | $ 126,000 | $ 126,000 | $ 45,000 |
| Cass, Minnesota | 1 | $ 95,000 | $ 95,000 | $ 115,000 |
| Cook, Minnesota | 1 | $ 8,000 | $ 8,000 | $ 51,000 |
| Hubbard, Minnesota | 1 | $ 45,000 | $ 45,000 | $ 68,000 |
| Kanabec, Minnesota | 1 | $ 67,000 | $ 67,000 | $ 57,000 |
| Le Sueur, Minnesota | 1 | $ 45,000 | $ 45,000 | $ 56,000 |
| Meeker, Minnesota | 1 | $ 10,000 | $ 10,000 | $ 70,000 |
| Mille Lacs, Minnesota | 1 | $ 272,000 | $ 272,000 | $ 156,000 |
| Morrison, Minnesota | 1 | $ 6,000 | $ 6,000 | $ 24,000 |
| Pine, Minnesota | 1 | $ 18,000 | $ 18,000 | $ 67,000 |
| Sibley, Minnesota | 1 | $ 50,000 | $ 50,000 | $ 193,000 |
| Stearns, Minnesota | 1 | $ 1,000 | $ 1,000 | $ 75,000 |
Mortgage Loan Application Detail Totals for City-County FCU in 2007
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 |
|---|---|---|---|---|---|---|
| Refinancing | 533 | $34,333,000 | $64,000 | $580,000 | $84,000 | $1,230,000 |
| Home Improvement | 222 | $5,451,000 | $24,000 | $130,000 | $77,000 | $288,000 |
| Home Purchase | 9 | $594,000 | $66,000 | $224,000 | $80,000 | $135,000 |
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 | 600 | $31,725,000 | $52,000 | $580,000 | $82,000 | $1,230,000 |
| Black or African American | 76 | $4,238,000 | $55,000 | $300,000 | $82,000 | $288,000 |
| Not Provided | 55 | $3,018,000 | $54,000 | $296,000 | $76,000 | $230,000 |
| Hispanic | 17 | $701,000 | $41,000 | $111,000 | $82,000 | $211,000 |
| Asian | 8 | $309,000 | $38,000 | $60,000 | $105,000 | $218,000 |
| American Indian or Alaskan Native | 6 | $362,000 | $60,000 | $132,000 | $65,000 | $86,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $25,000 | $12,000 | $20,000 | $68,000 | $77,000 |
| 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) | 763 | $40,242,000 | $52,000 | $580,000 | $82,000 | $1,230,000 |
| VA-guaranteed (Veterans Administration) | 1 | $136,000 | $136,000 | $136,000 | $126,000 | $126,000 |
| 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 |
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 | 580 | $30,067,000 | $51,000 | $580,000 | $83,000 | $1,230,000 |
| Application Withdrawn By Applicant | 106 | $5,517,000 | $52,000 | $296,000 | $79,000 | $288,000 |
| Application Denied By Financial Institution | 73 | $4,559,000 | $62,000 | $300,000 | $79,000 | $260,000 |
| File Closed For Incompleteness | 4 | $224,000 | $56,000 | $150,000 | $47,000 | $65,000 |
| Application Approved But Not Accepted | 1 | $11,000 | $11,000 | $11,000 | $127,000 | $127,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into City-County FCU's 2007 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 City-County FCU'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 Minnesota, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About