Partner Colorado Credit Union Mortgage Lending & HMDA Data, 2022

In 2022, Partner Colorado Credit Union of Arvada, CO reported 617 mortgage applications totaling $79.8 million, up 179% from 2021. The average application was for $129,376, and applicants reported an average income of $134,508. 41% of its applications resulted in an originated loan and 34% were denied. Its largest markets were Denver-Aurora-Lakewood, CO (526), Greeley, CO (18) and Boulder, CO (17) (applications in parentheses).

Mortgage Company & Address Partner Colorado Credit Union
6221 Sheridan Blvd
Arvada, CO 80003
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 617
Total Mortgage Loan Application Amount $79,825,000
Average Mortgage Loan Application Amount $129,376
Highest Mortgage Loan Application Amount $1,115,000
Average Applicant Income $134,508
Highest Applicant Income $2,805,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Partner Colorado Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Partner Colorado Credit Union by County in 2022

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Arapahoe, Colorado 138 $ 16,440,000 $ 119,130 $ 129,000
Adams, Colorado 129 $ 12,565,000 $ 97,403 $ 97,000
Jefferson, Colorado 114 $ 14,700,000 $ 128,947 $ 157,000
Denver, Colorado 100 $ 11,800,000 $ 118,000 $ 113,000
Douglas, Colorado 27 $ 4,405,000 $ 163,148 $ 192,000
Weld, Colorado 18 $ 2,370,000 $ 131,666 $ 124,000
Boulder, Colorado 17 $ 3,935,000 $ 231,470 $ 174,000
El Paso, Colorado 13 $ 2,955,000 $ 227,307 $ 114,000
Larimer, Colorado 10 $ 1,000,000 $ 100,000 $ 114,000
Park, Colorado 9 $ 1,285,000 $ 142,777 $ 104,000
Pueblo, Colorado 7 $ 745,000 $ 106,428 $ 65,000
Broomfield, Colorado 6 $ 1,300,000 $ 216,666 $ 658,000
Elbert, Colorado 3 $ 195,000 $ 65,000 $ 103,000
Alamosa, Colorado 2 $ 500,000 $ 250,000 $ 91,000
Eagle, Colorado 2 $ 560,000 $ 280,000 $ 509,000
Grand, Colorado 2 $ 180,000 $ 90,000 $ 153,000
Montezuma, Colorado 2 $ 490,000 $ 245,000 $ 129,000
Morgan, Colorado 2 $ 130,000 $ 65,000 $ 92,000
Routt, Colorado 2 $ 660,000 $ 330,000 $ 356,000
Maricopa, Arizona 1 $ 985,000 $ 985,000 $ 380,000
Sacramento, California 1 $ 355,000 $ 355,000 $ 216,000
Archuleta, Colorado 1 $ 75,000 $ 75,000 $ 191,000
Garfield, Colorado 1 $ 105,000 $ 105,000 $ 306,000
Lake, Colorado 1 $ 335,000 $ 335,000 $ 67,000
Las Animas, Colorado 1 $ 45,000 $ 45,000 $ 32,000
Mesa, Colorado 1 $ 15,000 $ 15,000 $ 32,000
Moffat, Colorado 1 $ 35,000 $ 35,000 $ 120,000
Montrose, Colorado 1 $ 495,000 $ 495,000 $ 140,000
Summit, Colorado 1 $ 25,000 $ 25,000 $ 72,000
Teller, Colorado 1 $ 25,000 $ 25,000 $ 62,000
Pasco, Florida 1 $ 585,000 $ 585,000 $ 146,000
Delaware, Indiana 1 $ 135,000 $ 135,000 $ 35,000
Horry, South Carolina 1 $ 395,000 $ 395,000 $ 284,000

Mortgage Loan Application Detail Totals for Partner Colorado 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 313 $29,525,000 $94,000 $1,005,000 $130,000 $2,805,000
Other Purpose 195 $16,615,000 $85,000 $575,000 $134,000 $2,100,000
Cash-out Refinancing 56 $18,430,000 $329,000 $985,000 $125,000 $554,000
Home Purchase 34 $11,140,000 $327,000 $1,115,000 $193,000 $1,716,000
Refinancing 18 $4,110,000 $228,000 $1,005,000 $145,000 $492,000
Not Applicable 1 $5,000 $5,000 $5,000 $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 349 $44,135,000 $126,000 $1,115,000 $153,000 $2,805,000
Not Provided 131 $17,255,000 $131,000 $725,000 $113,000 $839,000
Hispanic 73 $9,325,000 $127,000 $485,000 $101,000 $458,000
Black or African American 45 $4,775,000 $106,000 $585,000 $117,000 $545,000
Asian 14 $3,370,000 $240,000 $1,005,000 $125,000 $200,000
American Indian or Alaskan Native 4 $910,000 $227,000 $345,000 $160,000 $251,000
Not applicable 1 $55,000 $55,000 $55,000 $0 $0
Native Hawaiian or Other Pacific Islander 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) 617 $79,825,000 $129,000 $1,115,000 $135,000 $2,805,000
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 253 $29,625,000 $117,000 $1,115,000 $134,000 $1,105,000
Application Denied By Financial Institution 209 $24,415,000 $116,000 $1,005,000 $121,000 $2,100,000
Application Withdrawn By Applicant 138 $20,790,000 $150,000 $985,000 $148,000 $2,805,000
Application Approved But Not Accepted 10 $2,800,000 $280,000 $465,000 $293,000 $1,716,000
File Closed For Incompleteness 7 $2,195,000 $313,000 $485,000 $105,000 $195,000
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
Not applicable 408 $55,410,000 $135,000 $1,115,000 $142,000 $2,805,000
Other 128 $13,190,000 $103,000 $655,000 $91,000 $709,000
Collateral 75 $9,675,000 $129,000 $1,005,000 $167,000 $2,100,000
Debt-To-Income Ratio 3 $925,000 $308,000 $455,000 $216,000 $554,000
Employment History 1 $265,000 $265,000 $265,000 $69,000 $69,000
Credit Application Incomplete 1 $305,000 $305,000 $305,000 $260,000 $260,000
Credit History 1 $55,000 $55,000 $55,000 $152,000 $152,000
Unverifiable Information 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 Partner Colorado 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 Partner Colorado 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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