Eastern Financial Fcu
HMDA Loan Application Totals
and Mortgage Lending Details
for 2008
Eastern Financial Fcu 2008 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 | Eastern Financial Fcu 8045 N Wickham Rd Melbourne, FL 32940 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,725 |
| Total Mortgage Loan Application Amount | $267,085,000 |
| Average Mortgage Loan Application Amount | $126,000 |
| Highest Mortgage Loan Application Amount | $3,600,000 |
| Average Applicant Income | $75,333 |
| Highest Applicant Income | $1,247,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2008 with Eastern Financial Fcu. 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 Eastern Financial Fcu's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2008 breaks down Eastern Financial Fcu'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 Eastern Financial Fcu serves its applicants.
Each category highlights the total number of mortgage applications processed by Eastern Financial Fcu, 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 Eastern Financial Fcu's mortgage activity for 2008.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Miami-Dade County Florida | 534 | $ 75,264,000 | $ 140,000 | $ 74,000 |
| Broward County Florida | 360 | $ 54,688,000 | $ 151,000 | $ 76,000 |
| Pinellas County Florida | 50 | $ 4,405,000 | $ 88,000 | $ 65,000 |
| Hillsborough County Florida | 36 | $ 3,107,000 | $ 86,000 | $ 68,000 |
| Palm Beach County Florida | 29 | $ 7,491,000 | $ 258,000 | $ 106,000 |
| Duval County Florida | 9 | $ 1,025,000 | $ 113,000 | $ 77,000 |
| Pasco County Florida | 7 | $ 753,000 | $ 107,000 | $ 37,000 |
| Orange County Florida | 6 | $ 505,000 | $ 84,000 | $ 89,000 |
| Osceola County Florida | 5 | $ 723,000 | $ 144,000 | $ 70,000 |
| Sarasota County Florida | 5 | $ 390,000 | $ 78,000 | $ 63,000 |
| Gwinnett County Georgia | 5 | $ 720,000 | $ 144,000 | $ 76,000 |
| Collier County Florida | 4 | $ 626,000 | $ 156,000 | $ 59,000 |
| Lee County Florida | 4 | $ 520,000 | $ 130,000 | $ 75,000 |
| Polk County Florida | 4 | $ 412,000 | $ 103,000 | $ 86,000 |
| Clayton County Georgia | 4 | $ 308,000 | $ 77,000 | $ 39,000 |
| Marion County Florida | 3 | $ 327,000 | $ 109,000 | $ 33,000 |
| St. Lucie County Florida | 3 | $ 418,000 | $ 139,000 | $ 116,000 |
| Volusia County Florida | 3 | $ 431,000 | $ 143,000 | $ 61,000 |
| El Paso County Colorado | 2 | $ 185,000 | $ 92,000 | $ 101,000 |
| Brevard County Florida | 2 | $ 295,000 | $ 147,000 | $ 165,000 |
| Clay County Florida | 2 | $ 167,000 | $ 83,000 | $ 70,000 |
| Flagler County Florida | 2 | $ 100,000 | $ 50,000 | $ 95,000 |
| Cobb County Georgia | 2 | $ 236,000 | $ 118,000 | $ 71,000 |
| Middlesex County New Jersey | 2 | $ 200,000 | $ 100,000 | $ 376,000 |
| Nassau County New York | 2 | $ 310,000 | $ 155,000 | $ 118,000 |
| Queens County New York | 2 | $ 32,000 | $ 16,000 | $ 57,000 |
| Bennington County Vermont | 2 | $ 49,000 | $ 24,000 | $ 38,000 |
| Mobile County Alabama | 1 | $ 100,000 | $ 100,000 | $ 86,000 |
| Mississippi County Arkansas | 1 | $ 25,000 | $ 25,000 | $ 42,000 |
| Boulder County Colorado | 1 | $ 79,000 | $ 79,000 | $ 31,000 |
| Douglas County Colorado | 1 | $ 25,000 | $ 25,000 | $ 94,000 |
| Fremont County Colorado | 1 | $ 176,000 | $ 176,000 | $ 161,000 |
| La Plata County Colorado | 1 | $ 100,000 | $ 100,000 | $ 29,000 |
| Alachua County Florida | 1 | $ 141,000 | $ 141,000 | $ 60,000 |
| Charlotte County Florida | 1 | $ 320,000 | $ 320,000 | $ 152,000 |
| Citrus County Florida | 1 | $ 20,000 | $ 20,000 | $ 38,000 |
| Columbia County Florida | 1 | $ 11,000 | $ 11,000 | $ 71,000 |
| Indian River County Florida | 1 | $ 80,000 | $ 80,000 | $ 65,000 |
| Jefferson County Florida | 1 | $ 35,000 | $ 35,000 | $ 65,000 |
| Lake County Florida | 1 | $ 100,000 | $ 100,000 | $ 46,000 |
| Manatee County Florida | 1 | $ 239,000 | $ 239,000 | $ 98,000 |
| Monroe County Florida | 1 | $ 159,000 | $ 159,000 | $ 164,000 |
| Seminole County Florida | 1 | $ 171,000 | $ 171,000 | $ 114,000 |
| St. Johns County Florida | 1 | $ 43,000 | $ 43,000 | $ 38,000 |
| Barrow County Georgia | 1 | $ 15,000 | $ 15,000 | $ 53,000 |
| Cherokee County Georgia | 1 | $ 27,000 | $ 27,000 | $ 96,000 |
| Dade County Georgia | 1 | $ 59,000 | $ 59,000 | $ 26,000 |
| Decatur County Georgia | 1 | $ 66,000 | $ 66,000 | $ 35,000 |
| DeKalb County Georgia | 1 | $ 34,000 | $ 34,000 | $ 62,000 |
| Douglas County Georgia | 1 | $ 25,000 | $ 25,000 | $ 48,000 |
| Fayette County Georgia | 1 | $ 20,000 | $ 20,000 | $ 56,000 |
| Forsyth County Georgia | 1 | $ 410,000 | $ 410,000 | $ 186,000 |
| Fulton County Georgia | 1 | $ 183,000 | $ 183,000 | $ 38,000 |
| Henry County Georgia | 1 | $ 151,000 | $ 151,000 | $ 31,000 |
| Cook County Illinois | 1 | $ 149,000 | $ 149,000 | $ 32,000 |
| Jefferson County Louisiana | 1 | $ 20,000 | $ 20,000 | $ 48,000 |
| Deer Lodge County Montana | 1 | $ 31,000 | $ 31,000 | $ 54,000 |
| Rockingham County New Hampshire | 1 | $ 10,000 | $ 10,000 | $ 78,000 |
| Union County New Jersey | 1 | $ 100,000 | $ 100,000 | $ 168,000 |
| Cabarrus County North Carolina | 1 | $ 150,000 | $ 150,000 | $ 105,000 |
| Cumberland County North Carolina | 1 | $ 60,000 | $ 60,000 | $ 75,000 |
| Durham County North Carolina | 1 | $ 145,000 | $ 145,000 | $ 38,000 |
| Gaston County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 55,000 |
| Johnston County North Carolina | 1 | $ 30,000 | $ 30,000 | $ 38,000 |
| Macon County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 184,000 |
| Mecklenburg County North Carolina | 1 | $ 88,000 | $ 88,000 | $ 32,000 |
| Bucks County Pennsylvania | 1 | $ 188,000 | $ 188,000 | $ 82,000 |
| Clarion County Pennsylvania | 1 | $ 20,000 | $ 20,000 | $ 6,000 |
| Montgomery County Pennsylvania | 1 | $ 280,000 | $ 280,000 | $ 69,000 |
| Dyer County Tennessee | 1 | $ 66,000 | $ 66,000 | $ 30,000 |
| Knox County Tennessee | 1 | $ 36,000 | $ 36,000 | $ 51,000 |
| Rutherford County Tennessee | 1 | $ 183,000 | $ 183,000 | $ 95,000 |
| Harris County Texas | 1 | $ 92,000 | $ 92,000 | $ 20,000 |
| Travis County Texas | 1 | $ 225,000 | $ 225,000 | $ 134,000 |
| Chesterfield County Virginia | 1 | $ 10,000 | $ 10,000 | $ 74,000 |
| Fairfax County Virginia | 1 | $ 355,000 | $ 355,000 | $ 62,000 |
| Frederick County Virginia | 1 | $ 70,000 | $ 70,000 | $ 37,000 |
| Outagamie County Wisconsin | 1 | $ 207,000 | $ 207,000 | $ 58,000 |
Mortgage Loan Application Detail Totals for Eastern Financial Fcu in 2008
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 Purchase | 875 | $157,937,000 | $180,000 | $850,000 | $76,000 | $966,000 |
| Refinancing | 646 | $100,350,000 | $155,000 | $3,600,000 | $76,000 | $1,247,000 |
| Home Improvement | 204 | $8,798,000 | $43,000 | $255,000 | $74,000 | $376,000 |
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 |
|---|---|---|---|---|---|---|
| Not Provided | 677 | $120,541,000 | $178,000 | $3,600,000 | $80,000 | $1,247,000 |
| Hispanic | 556 | $80,058,000 | $143,000 | $540,000 | $71,000 | $966,000 |
| White | 311 | $41,452,000 | $133,000 | $575,000 | $82,000 | $593,000 |
| Black or African American | 159 | $22,331,000 | $140,000 | $360,000 | $61,000 | $189,000 |
| Asian | 20 | $2,441,000 | $122,000 | $264,000 | $67,000 | $149,000 |
| American Indian or Alaskan Native | 2 | $262,000 | $131,000 | $162,000 | $70,000 | $86,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 1,725 | $267,085,000 | $154,000 | $3,600,000 | $76,000 | $1,247,000 |
| 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 |
|---|---|---|---|---|---|---|
| Application Withdrawn By Applicant | 617 | $112,703,000 | $182,000 | $3,600,000 | $78,000 | $1,247,000 |
| Loan Originated | 569 | $82,232,000 | $144,000 | $575,000 | $78,000 | $538,000 |
| Application Denied By Financial Institution | 366 | $41,362,000 | $113,000 | $800,000 | $65,000 | $376,000 |
| Preapproval Approved but not Accepted | 146 | $29,134,000 | $199,000 | $720,000 | $82,000 | $295,000 |
| Application Approved But Not Accepted | 27 | $1,654,000 | $61,000 | $255,000 | $99,000 | $538,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The 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 | 97 | $16,972,000 | $174,000 | $800,000 | $62,000 | $200,000 |
| Debt-To-Income Ratio | 28 | $4,913,000 | $175,000 | $540,000 | $46,000 | $180,000 |
| Collateral | 27 | $4,661,000 | $172,000 | $360,000 | $71,000 | $171,000 |
| Other | 6 | $904,000 | $150,000 | $276,000 | $68,000 | $140,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $1,145,000 | $286,000 | $460,000 | $92,000 | $153,000 |
| Unverifiable Information | 2 | $224,000 | $112,000 | $124,000 | $36,000 | $42,000 |
| Employment History | 2 | $230,000 | $115,000 | $180,000 | $52,000 | $80,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Eastern Financial Fcu's 2008 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 Eastern Financial 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.
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with aggregated HMDA statistics today.