Partner Colorado Credit Union Mortgage Lending & HMDA Data, 2017

In 2017, Partner Colorado Credit Union of Arvada, CO reported 478 mortgage applications totaling $86.8 million, up 34% from 2016. The average application was for $181,581, and applicants reported an average income of $89,225. 33% of its applications resulted in an originated loan and 20% were denied. Its largest markets were Denver-Aurora-Lakewood, CO (402), Greeley, CO (18) and Colorado Springs, CO (9) (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 478
Total Mortgage Loan Application Amount $86,796,000
Average Mortgage Loan Application Amount $181,581
Highest Mortgage Loan Application Amount $1,160,000
Average Applicant Income $89,225
Highest Applicant Income $720,000

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records Partner Colorado Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for Partner Colorado Credit Union in 2017

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 266 $63,409,000 $238,000 $1,160,000 $87,000 $516,000
Home Improvement 160 $8,994,000 $56,000 $354,000 $93,000 $720,000
Home Purchase 52 $14,393,000 $276,000 $496,000 $89,000 $173,000

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 234 $45,945,000 $196,000 $1,160,000 $95,000 $516,000
Not Provided 107 $16,301,000 $152,000 $510,000 $84,000 $720,000
Hispanic 84 $13,425,000 $159,000 $412,000 $72,000 $169,000
Black or African American 43 $9,868,000 $229,000 $570,000 $101,000 $345,000
Asian 8 $985,000 $123,000 $290,000 $103,000 $240,000
American Indian or Alaskan Native 1 $162,000 $162,000 $162,000 $65,000 $65,000
Native Hawaiian or Other Pacific Islander 1 $110,000 $110,000 $110,000 $51,000 $51,000
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) 438 $76,160,000 $173,000 $1,160,000 $90,000 $720,000
VA-guaranteed (Veterans Administration) 39 $10,348,000 $265,000 $488,000 $76,000 $190,000
FHA-insured (Federal Housing Administration) 1 $288,000 $288,000 $288,000 $39,000 $39,000
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
Application Withdrawn By Applicant 208 $45,829,000 $220,000 $689,000 $92,000 $516,000
Loan Originated 157 $25,641,000 $163,000 $465,000 $88,000 $345,000
Application Denied By Financial Institution 94 $11,244,000 $119,000 $1,160,000 $84,000 $720,000
Application Approved But Not Accepted 13 $3,072,000 $236,000 $458,000 $101,000 $317,000
File Closed For Incompleteness 6 $1,010,000 $168,000 $389,000 $70,000 $135,000
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
Credit History 36 $4,324,000 $120,000 $510,000 $87,000 $720,000
Debt-To-Income Ratio 35 $3,252,000 $92,000 $319,000 $70,000 $196,000
Collateral 12 $849,000 $70,000 $282,000 $76,000 $107,000
Other 5 $1,391,000 $278,000 $1,160,000 $197,000 $400,000
Insufficient Cash (Downpayment, Closing Cost) 3 $980,000 $326,000 $496,000 $95,000 $126,000
Unverifiable Information 1 $247,000 $247,000 $247,000 $76,000 $76,000
Credit Application Incomplete 1 $1,000 $1,000 $1,000 $19,000 $19,000
Employment History 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 2017 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.
For a list of all lenders in Colorado, download the full spreadsheet with aggregated HMDA statistics today.

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