Clearview Federal Credit Union Mortgage Lending & HMDA Data, 2006

In 2006, Clearview Federal Credit Union of Moon Township, PA reported 768 mortgage applications totaling $41.3 million, up 30% from 2005. The average application was for $53,809, and applicants reported an average income of $72,479. 76% of its applications resulted in an originated loan and 14% were denied. Its largest markets were Pittsburgh, PA (379), Charlotte-Gastonia-Concord, NC-SC (57) and Washington-Arlington-Alexandria, DC-VA-MD-WV (22) (applications in parentheses).

Mortgage Company & Address Clearview Federal Credit Union
8805 University Blvd
Moon Township, PA 15108
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 768
Total Mortgage Loan Application Amount $41,326,000
Average Mortgage Loan Application Amount $53,809
Highest Mortgage Loan Application Amount $360,000
Average Applicant Income $72,479
Highest Applicant Income $672,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Clearview Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for Clearview Federal Credit Union by County in 2006

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Allegheny, Pennsylvania 204 $ 9,865,000 $ 48,357 $ 74,000
Beaver, Pennsylvania 133 $ 6,096,000 $ 45,834 $ 66,000
Mecklenburg, North Carolina 29 $ 1,598,000 $ 55,103 $ 70,000
Washington, Pennsylvania 26 $ 1,256,000 $ 48,307 $ 60,000
Delaware, Pennsylvania 15 $ 630,000 $ 42,000 $ 59,000
York, South Carolina 11 $ 762,000 $ 69,272 $ 75,000
Maricopa, Arizona 10 $ 1,124,000 $ 112,400 $ 81,000
Butler, Pennsylvania 10 $ 459,000 $ 45,900 $ 89,000
San Diego, California 9 $ 434,000 $ 48,222 $ 57,000
Fairfax, Virginia 8 $ 550,000 $ 68,750 $ 74,000
Broward, Florida 7 $ 409,000 $ 58,428 $ 60,000
Gaston, North Carolina 7 $ 455,000 $ 65,000 $ 45,000
New Castle, Delaware 6 $ 430,000 $ 71,666 $ 77,000
Orange, Florida 6 $ 166,000 $ 27,666 $ 45,000
Anne Arundel, Maryland 6 $ 351,000 $ 58,500 $ 66,000
Cabarrus, North Carolina 6 $ 206,000 $ 34,333 $ 74,000
Los Angeles, California 5 $ 423,000 $ 84,600 $ 68,000
Palm Beach, Florida 5 $ 723,000 $ 144,600 $ 72,000
Prince George's, Maryland 5 $ 321,000 $ 64,200 $ 75,000
Erie, New York 5 $ 376,000 $ 75,200 $ 71,000
Hillsborough, Florida 4 $ 176,000 $ 44,000 $ 71,000
Pasco, Florida 4 $ 176,000 $ 44,000 $ 82,000
Hampden, Massachusetts 4 $ 210,000 $ 52,500 $ 107,000
Clark, Nevada 4 $ 284,000 $ 71,000 $ 58,000
Forsyth, North Carolina 4 $ 197,000 $ 49,250 $ 61,000
Iredell, North Carolina 4 $ 146,000 $ 36,500 $ 65,000
Union, North Carolina 4 $ 179,000 $ 44,750 $ 57,000
Mercer, Pennsylvania 4 $ 260,000 $ 65,000 $ 110,000
Philadelphia, Pennsylvania 4 $ 196,000 $ 49,000 $ 69,000
Prince William, Virginia 4 $ 263,000 $ 65,750 $ 84,000
Hancock, West Virginia 4 $ 252,000 $ 63,000 $ 59,000
Riverside, California 3 $ 271,000 $ 90,333 $ 46,000
Fulton, Georgia 3 $ 315,000 $ 105,000 $ 83,000
Baltimore, Maryland 3 $ 141,000 $ 47,000 $ 64,000
Cecil, Maryland 3 $ 193,000 $ 64,333 $ 85,000
Burlington, New Jersey 3 $ 235,000 $ 78,333 $ 94,000
Camden, New Jersey 3 $ 98,000 $ 32,666 $ 89,000
Lincoln, North Carolina 3 $ 108,000 $ 36,000 $ 53,000
Armstrong, Pennsylvania 3 $ 65,000 $ 21,666 $ 102,000
Centre, Pennsylvania 3 $ 81,000 $ 27,000 $ 58,000
Coconino, Arizona 2 $ 83,000 $ 41,500 $ 88,000
Summit, Colorado 2 $ 100,000 $ 50,000 $ 206,000
Collier, Florida 2 $ 371,000 $ 185,500 $ 85,000
Lake, Florida 2 $ 75,000 $ 37,500 $ 77,000
Lee, Florida 2 $ 95,000 $ 47,500 $ 53,000
Marion, Florida 2 $ 57,000 $ 28,500 $ 34,000
Martin, Florida 2 $ 100,000 $ 50,000 $ 55,000
Miami-Dade, Florida 2 $ 185,000 $ 92,500 $ 50,000
Pinellas, Florida 2 $ 91,000 $ 45,500 $ 74,000
Seminole, Florida 2 $ 100,000 $ 50,000 $ 33,000
York, Maine 2 $ 76,000 $ 38,000 $ 84,000
Frederick, Maryland 2 $ 305,000 $ 152,500 $ 115,000
Queen Anne's, Maryland 2 $ 55,000 $ 27,500 $ 112,000
Wicomico, Maryland 2 $ 145,000 $ 72,500 $ 53,000
Essex, Massachusetts 2 $ 173,000 $ 86,500 $ 56,000
Plymouth, Massachusetts 2 $ 190,000 $ 95,000 $ 95,000
Strafford, New Hampshire 2 $ 83,000 $ 41,500 $ 84,000
Cape May, New Jersey 2 $ 100,000 $ 50,000 $ 24,000
Gloucester, New Jersey 2 $ 20,000 $ 10,000 $ 71,000
Suffolk, New York 2 $ 164,000 $ 82,000 $ 58,000
Davie, North Carolina 2 $ 53,000 $ 26,500 $ 69,000
Guilford, North Carolina 2 $ 115,000 $ 57,500 $ 43,000
Franklin, Ohio 2 $ 177,000 $ 88,500 $ 45,000
Lake, Ohio 2 $ 52,000 $ 26,000 $ 84,000
Licking, Ohio 2 $ 81,000 $ 40,500 $ 87,000
Mahoning, Ohio 2 $ 95,000 $ 47,500 $ 90,000
Summit, Ohio 2 $ 116,000 $ 58,000 $ 106,000
Dauphin, Pennsylvania 2 $ 75,000 $ 37,500 $ 143,000
Union, Pennsylvania 2 $ 150,000 $ 75,000 $ 93,000
Westmoreland, Pennsylvania 2 $ 65,000 $ 32,500 $ 111,000
York, Pennsylvania 2 $ 72,000 $ 36,000 $ 80,000
Chester, South Carolina 2 $ 140,000 $ 70,000 $ 65,000
Loudon, Tennessee 2 $ 306,000 $ 153,000 $ 94,000
Roanoke, Virginia 2 $ 270,000 $ 135,000 $ 98,000
Virginia Beach, Virginia 2 $ 140,000 $ 70,000 $ 50,000
Yavapai, Arizona 1 $ 75,000 $ 75,000 $ 50,000
Alameda, California 1 $ 88,000 $ 88,000 $ 42,000
Orange, California 1 $ 85,000 $ 85,000 $ 120,000
San Bernardino, California 1 $ 64,000 $ 64,000 $ 145,000
San Mateo, California 1 $ 42,000 $ 42,000 $ 85,000
Ventura, California 1 $ 30,000 $ 30,000 $ 62,000
Adams, Colorado 1 $ 65,000 $ 65,000 $ 38,000
Arapahoe, Colorado 1 $ 30,000 $ 30,000 $ 80,000
Tolland, Connecticut 1 $ 100,000 $ 100,000 $ 66,000
Windham, Connecticut 1 $ 20,000 $ 20,000 $ 127,000
Sussex, Delaware 1 $ 55,000 $ 55,000 $ 46,000
District of Columbia, District Of Columbia 1 $ 93,000 $ 93,000 $ 64,000
Brevard, Florida 1 $ 80,000 $ 80,000 $ 120,000
Duval, Florida 1 $ 30,000 $ 30,000 $ 54,000
Flagler, Florida 1 $ 19,000 $ 19,000 $ 35,000
Leon, Florida 1 $ 43,000 $ 43,000 $ 113,000
Manatee, Florida 1 $ 44,000 $ 44,000 $ 70,000
St. Lucie, Florida 1 $ 60,000 $ 60,000 $ 110,000
Volusia, Florida 1 $ 30,000 $ 30,000 $ 95,000
Carroll, Georgia 1 $ 70,000 $ 70,000 $ 37,000
Douglas, Georgia 1 $ 16,000 $ 16,000 $ 42,000
Gwinnett, Georgia 1 $ 32,000 $ 32,000 $ 77,000
Cook, Illinois 1 $ 29,000 $ 29,000 $ 56,000
DuPage, Illinois 1 $ 88,000 $ 88,000 $ 90,000
St. Clair, Illinois 1 $ 33,000 $ 33,000 $ 119,000
Floyd, Indiana 1 $ 52,000 $ 52,000 $ 185,000
Marion, Indiana 1 $ 50,000 $ 50,000 $ 35,000
Morgan, Indiana 1 $ 30,000 $ 30,000 $ 83,000
Tippecanoe, Indiana 1 $ 18,000 $ 18,000 $ 113,000
Bell, Kentucky 1 $ 134,000 $ 134,000 $ 42,000
Jefferson, Kentucky 1 $ 26,000 $ 26,000 $ 104,000
Oxford, Maine 1 $ 50,000 $ 50,000 $ 55,000
Calvert, Maryland 1 $ 20,000 $ 20,000 $ 130,000
Montgomery, Maryland 1 $ 50,000 $ 50,000 $ 98,000
Talbot, Maryland 1 $ 145,000 $ 145,000 $ 74,000
Washington, Maryland 1 $ 19,000 $ 19,000 $ 128,000
Suffolk, Massachusetts 1 $ 25,000 $ 25,000 $ 39,000
Dakota, Minnesota 1 $ 20,000 $ 20,000 $ 53,000
Hinds, Mississippi 1 $ 53,000 $ 53,000 $ 86,000
Cheshire, New Hampshire 1 $ 100,000 $ 100,000 $ 191,000
Monmouth, New Jersey 1 $ 149,000 $ 149,000 $ 125,000
Somerset, New Jersey 1 $ 50,000 $ 50,000 $ 114,000
Bernalillo, New Mexico 1 $ 35,000 $ 35,000 $ 54,000
Luna, New Mexico 1 $ 64,000 $ 64,000 $ 34,000
Chautauqua, New York 1 $ 50,000 $ 50,000 $ 114,000
Monroe, New York 1 $ 35,000 $ 35,000 $ 117,000
Onondaga, New York 1 $ 105,000 $ 105,000 $ 41,000
Saratoga, New York 1 $ 45,000 $ 45,000 $ 200,000
Westchester, New York 1 $ 38,000 $ 38,000 $ 82,000
Brunswick, North Carolina 1 $ 77,000 $ 77,000 $ 31,000
Catawba, North Carolina 1 $ 60,000 $ 60,000 $ 141,000
Cleveland, North Carolina 1 $ 112,000 $ 112,000 $ 71,000
Pender, North Carolina 1 $ 15,000 $ 15,000 $ 26,000
Polk, North Carolina 1 $ 49,000 $ 49,000 $ 24,000
Randolph, North Carolina 1 $ 17,000 $ 17,000 $ 32,000
Rowan, North Carolina 1 $ 50,000 $ 50,000 $ 30,000
Stokes, North Carolina 1 $ 65,000 $ 65,000 $ 59,000
Surry, North Carolina 1 $ 29,000 $ 29,000 $ 91,000
Columbiana, Ohio 1 $ 40,000 $ 40,000 $ 52,000
Geauga, Ohio 1 $ 101,000 $ 101,000 $ 201,000
Jefferson, Ohio 1 $ 10,000 $ 10,000 $ 84,000
Lorain, Ohio 1 $ 120,000 $ 120,000 $ 63,000
Montgomery, Ohio 1 $ 72,000 $ 72,000 $ 32,000
Warren, Ohio 1 $ 24,000 $ 24,000 $ 146,000
Wood, Ohio 1 $ 110,000 $ 110,000 $ 63,000
Blair, Pennsylvania 1 $ 10,000 $ 10,000 $ 93,000
Bucks, Pennsylvania 1 $ 100,000 $ 100,000 $ 78,000
Cambria, Pennsylvania 1 $ 46,000 $ 46,000 $ 32,000
Chester, Pennsylvania 1 $ 100,000 $ 100,000 $ 126,000
Crawford, Pennsylvania 1 $ 20,000 $ 20,000 $ 43,000
Cumberland, Pennsylvania 1 $ 33,000 $ 33,000 $ 83,000
Fayette, Pennsylvania 1 $ 20,000 $ 20,000 $ 107,000
Franklin, Pennsylvania 1 $ 65,000 $ 65,000 $ 36,000
Lancaster, Pennsylvania 1 $ 11,000 $ 11,000 $ 102,000
Lawrence, Pennsylvania 1 $ 54,000 $ 54,000 $ 20,000
Lebanon, Pennsylvania 1 $ 28,000 $ 28,000 $ 43,000
Lycoming, Pennsylvania 1 $ 90,000 $ 90,000 $ 46,000
Mifflin, Pennsylvania 1 $ 85,000 $ 85,000 $ 107,000
Monroe, Pennsylvania 1 $ 110,000 $ 110,000 $ 195,000
Charleston, South Carolina 1 $ 85,000 $ 85,000 $ 44,000
Lexington, South Carolina 1 $ 288,000 $ 288,000 $ 73,000
Rutherford, Tennessee 1 $ 5,000 $ 5,000 $ 67,000
Washington, Tennessee 1 $ 12,000 $ 12,000 $ 43,000
Alexandria, Virginia 1 $ 57,000 $ 57,000 $ 157,000
Arlington, Virginia 1 $ 55,000 $ 55,000 $ 208,000
Chesterfield, Virginia 1 $ 30,000 $ 30,000 $ 42,000
Floyd, Virginia 1 $ 35,000 $ 35,000 $ 8,000
Fluvanna, Virginia 1 $ 50,000 $ 50,000 $ 52,000
Hanover, Virginia 1 $ 140,000 $ 140,000 $ 208,000
Loudoun, Virginia 1 $ 34,000 $ 34,000 $ 13,000
Kitsap, Washington 1 $ 30,000 $ 30,000 $ 30,000
Pierce, Washington 1 $ 65,000 $ 65,000 $ 73,000
Brooke, West Virginia 1 $ 28,000 $ 28,000 $ 80,000
Kanawha, West Virginia 1 $ 30,000 $ 30,000 $ 31,000
Walworth, Wisconsin 1 $ 52,000 $ 52,000 $ 65,000
Park, Wyoming 1 $ 88,000 $ 88,000 $ 51,000

Mortgage Loan Application Detail Totals for Clearview Federal Credit Union in 2006

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 462 $25,296,000 $54,000 $288,000 $72,000 $672,000
Home Improvement 256 $10,169,000 $39,000 $300,000 $75,000 $229,000
Home Purchase 50 $5,861,000 $117,000 $360,000 $64,000 $149,000

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 522 $28,162,000 $53,000 $360,000 $71,000 $269,000
Not Provided 192 $9,855,000 $51,000 $200,000 $77,000 $672,000
Black or African American 26 $1,290,000 $49,000 $150,000 $67,000 $119,000
Hispanic 16 $1,166,000 $72,000 $277,000 $57,000 $147,000
Asian 8 $715,000 $89,000 $300,000 $81,000 $140,000
American Indian or Alaskan Native 2 $63,000 $31,000 $44,000 $40,000 $54,000
Native Hawaiian or Other Pacific Islander 2 $75,000 $37,000 $50,000 $54,000 $65,000
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) 768 $41,326,000 $53,000 $360,000 $72,000 $672,000
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
VA-guaranteed (Veterans Administration) 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 $30,382,000 $52,000 $310,000 $74,000 $269,000
Application Denied By Financial Institution 106 $6,447,000 $60,000 $360,000 $66,000 $672,000
Application Withdrawn By Applicant 69 $3,973,000 $57,000 $300,000 $66,000 $208,000
File Closed For Incompleteness 12 $519,000 $43,000 $101,000 $58,000 $130,000
Application Approved But Not Accepted 1 $5,000 $5,000 $5,000 $67,000 $67,000
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
Debt-To-Income Ratio 6 $294,000 $49,000 $70,000 $54,000 $83,000
Collateral 5 $134,000 $26,000 $40,000 $78,000 $132,000
Credit Application Incomplete 4 $148,000 $37,000 $75,000 $39,000 $59,000
Credit History 4 $136,000 $34,000 $60,000 $37,000 $48,000
Other 1 $43,000 $43,000 $43,000 $18,000 $18,000
Unverifiable Information 1 $68,000 $68,000 $68,000 $168,000 $168,000
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Clearview Federal Credit Union's 2006 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 Clearview 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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