Farmers Insurance Federal Credit Union Mortgage Lending & HMDA Data, 2022

In 2022, Farmers Insurance Federal Credit Union of Burbank, CA reported 1,229 mortgage applications totaling $284.7 million, up 58% from 2021. The average application was for $231,688, and applicants reported an average income of $206,078. 70% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (91), Riverside-San Bernardino-Ontario, CA (79) and Phoenix-Mesa-Scottsdale, AZ (75) (applications in parentheses).

Mortgage Company & Address Farmers Insurance Federal Credit Union
4601 Wilshire Bl. Ste 110
Burbank, CA 91504
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  
Total Number of Mortgage Applications 1,229
Total Mortgage Loan Application Amount $284,745,000
Average Mortgage Loan Application Amount $231,688
Highest Mortgage Loan Application Amount $2,045,000
Average Applicant Income $206,078
Highest Applicant Income $1,896,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Farmers Insurance Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Farmers Insurance Federal 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
Los Angeles, California 91 $ 31,645,000 $ 347,747 $ 241,000
Maricopa, Arizona 62 $ 8,970,000 $ 144,677 $ 177,000
Riverside, California 53 $ 14,005,000 $ 264,245 $ 175,000
San Diego, California 39 $ 9,405,000 $ 241,153 $ 253,000
Orange, California 35 $ 11,895,000 $ 339,857 $ 265,000
San Bernardino, California 26 $ 6,750,000 $ 259,615 $ 179,000
Clark, Nevada 24 $ 4,640,000 $ 193,333 $ 188,000
Ventura, California 22 $ 5,350,000 $ 243,181 $ 249,000
Tarrant, Texas 22 $ 5,100,000 $ 231,818 $ 236,000
Johnson, Kansas 20 $ 2,830,000 $ 141,500 $ 139,000
Kent, Michigan 20 $ 2,020,000 $ 101,000 $ 90,000
Oklahoma, Oklahoma 14 $ 2,320,000 $ 165,714 $ 209,000
Pinal, Arizona 13 $ 2,355,000 $ 181,153 $ 215,000
King, Washington 13 $ 5,165,000 $ 397,307 $ 163,000
Fresno, California 12 $ 1,740,000 $ 145,000 $ 141,000
Stanislaus, California 12 $ 3,490,000 $ 290,833 $ 183,000
Pierce, Washington 12 $ 2,680,000 $ 223,333 $ 228,000
Sacramento, California 11 $ 2,645,000 $ 240,454 $ 200,000
Bell, Texas 9 $ 1,765,000 $ 196,111 $ 143,000
Collin, Texas 9 $ 2,375,000 $ 263,888 $ 185,000
Contra Costa, California 8 $ 2,500,000 $ 312,500 $ 430,000
Adams, Colorado 8 $ 2,410,000 $ 301,250 $ 291,000
Douglas, Colorado 8 $ 1,770,000 $ 221,250 $ 271,000
El Paso, Texas 8 $ 1,290,000 $ 161,250 $ 245,000
Alameda, California 7 $ 2,495,000 $ 356,428 $ 309,000
Merced, California 7 $ 965,000 $ 137,857 $ 132,000
Santa Cruz, California 7 $ 3,025,000 $ 432,142 $ 343,000
Cook, Illinois 7 $ 905,000 $ 129,285 $ 189,000
St. Charles, Missouri 7 $ 1,715,000 $ 245,000 $ 244,000
Washington, Oregon 7 $ 1,765,000 $ 252,142 $ 226,000
Harris, Texas 7 $ 1,045,000 $ 149,285 $ 132,000
Salt Lake, Utah 7 $ 1,615,000 $ 230,714 $ 165,000
San Joaquin, California 6 $ 370,000 $ 61,666 $ 123,000
Solano, California 6 $ 990,000 $ 165,000 $ 135,000
Denver, Colorado 6 $ 740,000 $ 123,333 $ 112,000
Larimer, Colorado 6 $ 1,510,000 $ 251,666 $ 160,000
Ada, Idaho 6 $ 460,000 $ 76,666 $ 102,000
Jefferson, Missouri 6 $ 1,140,000 $ 190,000 $ 236,000
Tulsa, Oklahoma 6 $ 880,000 $ 146,666 $ 164,000
Clackamas, Oregon 6 $ 1,250,000 $ 208,333 $ 264,000
Bexar, Texas 6 $ 1,000,000 $ 166,666 $ 224,000
Snohomish, Washington 6 $ 830,000 $ 138,333 $ 234,000
Saline, Arkansas 5 $ 885,000 $ 177,000 $ 170,000
Kern, California 5 $ 625,000 $ 125,000 $ 130,000
Jefferson, Colorado 5 $ 915,000 $ 183,000 $ 280,000
Ottawa, Michigan 5 $ 695,000 $ 139,000 $ 164,000
Bernalillo, New Mexico 5 $ 625,000 $ 125,000 $ 297,000
Canadian, Oklahoma 5 $ 775,000 $ 155,000 $ 118,000
Travis, Texas 5 $ 1,735,000 $ 347,000 $ 208,000
Williamson, Texas 5 $ 1,135,000 $ 227,000 $ 147,000
Pima, Arizona 4 $ 570,000 $ 142,500 $ 156,000
Madera, California 4 $ 480,000 $ 120,000 $ 105,000
Placer, California 4 $ 490,000 $ 122,500 $ 288,000
Santa Clara, California 4 $ 1,400,000 $ 350,000 $ 188,000
Shasta, California 4 $ 1,320,000 $ 330,000 $ 265,000
Sutter, California 4 $ 1,290,000 $ 322,500 $ 195,000
El Paso, Colorado 4 $ 610,000 $ 152,500 $ 89,000
Oakland, Michigan 4 $ 790,000 $ 197,500 $ 275,000
Dakota, Minnesota 4 $ 390,000 $ 97,500 $ 181,000
Bergen, New Jersey 4 $ 1,680,000 $ 420,000 $ 206,000
Burlington, New Jersey 4 $ 420,000 $ 105,000 $ 96,000
Monmouth, New Jersey 4 $ 740,000 $ 185,000 $ 250,000
Sandoval, New Mexico 4 $ 440,000 $ 110,000 $ 113,000
Wake, North Carolina 4 $ 1,240,000 $ 310,000 $ 177,000
Cleveland, Oklahoma 4 $ 620,000 $ 155,000 $ 369,000
Logan, Oklahoma 4 $ 310,000 $ 77,500 $ 122,000
Comal, Texas 4 $ 720,000 $ 180,000 $ 224,000
Denton, Texas 4 $ 950,000 $ 237,500 $ 158,000
Montgomery, Texas 4 $ 840,000 $ 210,000 $ 114,000
Utah, Utah 4 $ 1,450,000 $ 362,500 $ 294,000
Chesterfield, Virginia 4 $ 880,000 $ 220,000 $ 371,000
Franklin, Virginia 4 $ 1,520,000 $ 380,000 $ 724,000
Gila, Arizona 3 $ 485,000 $ 161,666 $ 137,000
Yavapai, Arizona 3 $ 435,000 $ 145,000 $ 97,000
Benton, Arkansas 3 $ 205,000 $ 68,333 $ 111,000
El Dorado, California 3 $ 505,000 $ 168,333 $ 170,000
Humboldt, California 3 $ 715,000 $ 238,333 $ 235,000
Lake, California 3 $ 695,000 $ 231,666 $ 330,000
Napa, California 3 $ 425,000 $ 141,666 $ 276,000
Tulare, California 3 $ 515,000 $ 171,666 $ 323,000
Arapahoe, Colorado 3 $ 115,000 $ 38,333 $ 183,000
Weld, Colorado 3 $ 665,000 $ 221,666 $ 238,000
New Haven, Connecticut 3 $ 905,000 $ 301,666 $ 186,000
Gilmer, Georgia 3 $ 755,000 $ 251,666 $ 228,000
Will, Illinois 3 $ 425,000 $ 141,666 $ 149,000
Allen, Indiana 3 $ 295,000 $ 98,333 $ 56,000
Leavenworth, Kansas 3 $ 435,000 $ 145,000 $ 121,000
Wyandotte, Kansas 3 $ 205,000 $ 68,333 $ 104,000
Middlesex, Massachusetts 3 $ 545,000 $ 181,666 $ 146,000
Barry, Michigan 3 $ 205,000 $ 68,333 $ 63,000
Hennepin, Minnesota 3 $ 305,000 $ 101,666 $ 137,000
Scott, Minnesota 3 $ 425,000 $ 141,666 $ 125,000
Washington, Minnesota 3 $ 1,185,000 $ 395,000 $ 183,000
Clay, Missouri 3 $ 355,000 $ 118,333 $ 182,000
Franklin, Missouri 3 $ 425,000 $ 141,666 $ 133,000
Jackson, Missouri 3 $ 225,000 $ 75,000 $ 89,000
Stark, Ohio 3 $ 575,000 $ 191,666 $ 115,000
Kay, Oklahoma 3 $ 375,000 $ 125,000 $ 285,000
Linn, Oregon 3 $ 1,525,000 $ 508,333 $ 219,000
Polk, Oregon 3 $ 475,000 $ 158,333 $ 116,000
Dickson, Tennessee 3 $ 595,000 $ 198,333 $ 115,000
Hamilton, Tennessee 3 $ 615,000 $ 205,000 $ 103,000
Dallas, Texas 3 $ 485,000 $ 161,666 $ 119,000
Fort Bend, Texas 3 $ 875,000 $ 291,666 $ 428,000
Spokane, Washington 3 $ 755,000 $ 251,666 $ 129,000
Thurston, Washington 3 $ 555,000 $ 185,000 $ 115,000
Mohave, Arizona 2 $ 410,000 $ 205,000 $ 96,000
Imperial, California 2 $ 580,000 $ 290,000 $ 94,000
Monterey, California 2 $ 660,000 $ 330,000 $ 122,000
Nevada, California 2 $ 210,000 $ 105,000 $ 163,000
San Mateo, California 2 $ 270,000 $ 135,000 $ 123,000
Santa Barbara, California 2 $ 440,000 $ 220,000 $ 152,000
Sonoma, California 2 $ 1,260,000 $ 630,000 $ 731,000
Litchfield, Connecticut 2 $ 280,000 $ 140,000 $ 112,000
New Castle, Delaware 2 $ 80,000 $ 40,000 $ 67,000
Sussex, Delaware 2 $ 640,000 $ 320,000 $ 325,000
Duval, Florida 2 $ 400,000 $ 200,000 $ 81,000
Flagler, Florida 2 $ 690,000 $ 345,000 $ 343,000
DeKalb, Georgia 2 $ 160,000 $ 80,000 $ 784,000
Gwinnett, Georgia 2 $ 190,000 $ 95,000 $ 309,000
Bannock, Idaho 2 $ 560,000 $ 280,000 $ 363,000
Kootenai, Idaho 2 $ 760,000 $ 380,000 $ 220,000
Hendricks, Indiana 2 $ 530,000 $ 265,000 $ 619,000
Porter, Indiana 2 $ 130,000 $ 65,000 $ 80,000
Miami, Kansas 2 $ 80,000 $ 40,000 $ 95,000
Baltimore, Maryland 2 $ 420,000 $ 210,000 $ 138,000
Washington, Maryland 2 $ 90,000 $ 45,000 $ 24,000
Calhoun, Michigan 2 $ 280,000 $ 140,000 $ 237,000
Ingham, Michigan 2 $ 430,000 $ 215,000 $ 138,000
Macomb, Michigan 2 $ 160,000 $ 80,000 $ 163,000
Newaygo, Michigan 2 $ 90,000 $ 45,000 $ 91,000
Jasper, Missouri 2 $ 40,000 $ 20,000 $ 70,000
St. Louis, Missouri 2 $ 190,000 $ 95,000 $ 242,000
Lancaster, Nebraska 2 $ 590,000 $ 295,000 $ 95,000
Washoe, Nevada 2 $ 400,000 $ 200,000 $ 127,000
Camden, New Jersey 2 $ 160,000 $ 80,000 $ 141,000
Ocean, New Jersey 2 $ 310,000 $ 155,000 $ 204,000
Warren, New Jersey 2 $ 530,000 $ 265,000 $ 107,000
Otero, New Mexico 2 $ 250,000 $ 125,000 $ 439,000
Santa Fe, New Mexico 2 $ 470,000 $ 235,000 $ 82,000
Broome, New York 2 $ 320,000 $ 160,000 $ 170,000
Nassau, New York 2 $ 360,000 $ 180,000 $ 167,000
Suffolk, New York 2 $ 430,000 $ 215,000 $ 403,000
Warren, New York 2 $ 550,000 $ 275,000 $ 196,000
Cumberland, North Carolina 2 $ 90,000 $ 45,000 $ 73,000
Guilford, North Carolina 2 $ 420,000 $ 210,000 $ 174,000
Onslow, North Carolina 2 $ 260,000 $ 130,000 $ 69,000
Cuyahoga, Ohio 2 $ 160,000 $ 80,000 $ 151,000
Franklin, Ohio 2 $ 100,000 $ 50,000 $ 76,000
Creek, Oklahoma 2 $ 700,000 $ 350,000 $ 119,000
Deschutes, Oregon 2 $ 920,000 $ 460,000 $ 251,000
Bucks, Pennsylvania 2 $ 370,000 $ 185,000 $ 158,000
Chester, Pennsylvania 2 $ 660,000 $ 330,000 $ 276,000
Dauphin, Pennsylvania 2 $ 220,000 $ 110,000 $ 175,000
Montgomery, Pennsylvania 2 $ 510,000 $ 255,000 $ 500,000
Lincoln, South Dakota 2 $ 930,000 $ 465,000 $ 188,000
Putnam, Tennessee 2 $ 670,000 $ 335,000 $ 289,000
Ellis, Texas 2 $ 510,000 $ 255,000 $ 325,000
Galveston, Texas 2 $ 490,000 $ 245,000 $ 479,000
Guadalupe, Texas 2 $ 300,000 $ 150,000 $ 319,000
Nueces, Texas 2 $ 1,040,000 $ 520,000 $ 178,000
Washington, Utah 2 $ 430,000 $ 215,000 $ 307,000
Weber, Utah 2 $ 290,000 $ 145,000 $ 121,000
Fairfax, Virginia 2 $ 220,000 $ 110,000 $ 187,000
Suffolk, Virginia 2 $ 380,000 $ 190,000 $ 122,000
Grant, Washington 2 $ 450,000 $ 225,000 $ 212,000
Wahkiakum, Washington 2 $ 270,000 $ 135,000 $ 172,000
Dane, Wisconsin 2 $ 250,000 $ 125,000 $ 129,000
Park, Wyoming 2 $ 510,000 $ 255,000 $ 288,000
Yuma, Arizona 1 $ 105,000 $ 105,000 $ 334,000
Ashley, Arkansas 1 $ 25,000 $ 25,000 $ 600,000
Pike, Arkansas 1 $ 215,000 $ 215,000 $ 129,000
Pulaski, Arkansas 1 $ 225,000 $ 225,000 $ 137,000
Butte, California 1 $ 305,000 $ 305,000 $ 213,000
Marin, California 1 $ 25,000 $ 25,000 $ 158,000
Mendocino, California 1 $ 45,000 $ 45,000 $ 27,000
Mono, California 1 $ 495,000 $ 495,000 $ 236,000
San Francisco, California 1 $ 105,000 $ 105,000 $ 159,000
Yuba, California 1 $ 25,000 $ 25,000 $ 94,000
Archuleta, Colorado 1 $ 105,000 $ 105,000 $ 92,000
Boulder, Colorado 1 $ 145,000 $ 145,000 $ 225,000
Eagle, Colorado 1 $ 205,000 $ 205,000 $ 672,000
Fremont, Colorado 1 $ 205,000 $ 205,000 $ 376,000
Lake, Colorado 1 $ 205,000 $ 205,000 $ 192,000
Montrose, Colorado 1 $ 205,000 $ 205,000 $ 196,000
Pueblo, Colorado 1 $ 185,000 $ 185,000 $ 197,000
Summit, Colorado 1 $ 155,000 $ 155,000 $ 271,000
Fairfield, Connecticut 1 $ 85,000 $ 85,000 $ 187,000
District of Columbia, District Of Columbia 1 $ 255,000 $ 255,000 $ 207,000
Broward, Florida 1 $ 425,000 $ 425,000 $ 109,000
Polk, Florida 1 $ 225,000 $ 225,000 $ 211,000
St. Johns, Florida 1 $ 385,000 $ 385,000 $ 83,000
Volusia, Florida 1 $ 195,000 $ 195,000 $ 81,000
Bartow, Georgia 1 $ 55,000 $ 55,000 $ 80,000
Chatham, Georgia 1 $ 55,000 $ 55,000 $ 80,000
Cherokee, Georgia 1 $ 65,000 $ 65,000 $ 272,000
Cobb, Georgia 1 $ 65,000 $ 65,000 $ 714,000
Dawson, Georgia 1 $ 145,000 $ 145,000 $ 1,414,000
Hall, Georgia 1 $ 75,000 $ 75,000 $ 141,000
Paulding, Georgia 1 $ 295,000 $ 295,000 $ 147,000
Bonner, Idaho 1 $ 455,000 $ 455,000 $ 306,000
Jefferson, Idaho 1 $ 135,000 $ 135,000 $ 112,000
Payette, Idaho 1 $ 225,000 $ 225,000 $ 100,000
Valley, Idaho 1 $ 125,000 $ 125,000 $ 248,000
DuPage, Illinois 1 $ 155,000 $ 155,000 $ 172,000
Kane, Illinois 1 $ 55,000 $ 55,000 $ 46,000
Lake, Illinois 1 $ 65,000 $ 65,000 $ 48,000
LaSalle, Illinois 1 $ 35,000 $ 35,000 $ 108,000
McHenry, Illinois 1 $ 195,000 $ 195,000 $ 213,000
McLean, Illinois 1 $ 45,000 $ 45,000 $ 108,000
Peoria, Illinois 1 $ 25,000 $ 25,000 $ 60,000
Sangamon, Illinois 1 $ 225,000 $ 225,000 $ 44,000
Hamilton, Indiana 1 $ 205,000 $ 205,000 $ 148,000
Hancock, Indiana 1 $ 25,000 $ 25,000 $ 43,000
Jackson, Indiana 1 $ 85,000 $ 85,000 $ 175,000
Lake, Indiana 1 $ 45,000 $ 45,000 $ 44,000
Dallas, Iowa 1 $ 75,000 $ 75,000 $ 120,000
Polk, Iowa 1 $ 65,000 $ 65,000 $ 382,000
Cherokee, Kansas 1 $ 245,000 $ 245,000 $ 86,000
Neosho, Kansas 1 $ 95,000 $ 95,000 $ 203,000
Pottawatomie, Kansas 1 $ 25,000 $ 25,000 $ 57,000
Saline, Kansas 1 $ 45,000 $ 45,000 $ 216,000
Jefferson, Kentucky 1 $ 25,000 $ 25,000 $ 125,000
Androscoggin, Maine 1 $ 45,000 $ 45,000 $ 157,000
Carroll, Maryland 1 $ 95,000 $ 95,000 $ 108,000
Montgomery, Maryland 1 $ 175,000 $ 175,000 $ 154,000
Norfolk, Massachusetts 1 $ 125,000 $ 125,000 $ 141,000
Allegan, Michigan 1 $ 25,000 $ 25,000 $ 95,000
Genesee, Michigan 1 $ 285,000 $ 285,000 $ 104,000
Gogebic, Michigan 1 $ 35,000 $ 35,000 $ 65,000
Wayne, Michigan 1 $ 55,000 $ 55,000 $ 60,000
Anoka, Minnesota 1 $ 155,000 $ 155,000 $ 242,000
Ramsey, Minnesota 1 $ 25,000 $ 25,000 $ 123,000
Rice, Minnesota 1 $ 75,000 $ 75,000 $ 81,000
Stearns, Minnesota 1 $ 35,000 $ 35,000 $ 40,000
Steele, Minnesota 1 $ 175,000 $ 175,000 $ 525,000
Newton, Missouri 1 $ 35,000 $ 35,000 $ 69,000
Platte, Missouri 1 $ 75,000 $ 75,000 $ 164,000
Pulaski, Missouri 1 $ 35,000 $ 35,000 $ 144,000
Cascade, Montana 1 $ 65,000 $ 65,000 $ 156,000
Lewis and Clark, Montana 1 $ 335,000 $ 335,000 $ 76,000
Yellowstone, Montana 1 $ 155,000 $ 155,000 $ 389,000
Sarpy, Nebraska 1 $ 55,000 $ 55,000 $ 125,000
Hillsborough, New Hampshire 1 $ 175,000 $ 175,000 $ 284,000
Hunterdon, New Jersey 1 $ 85,000 $ 85,000 $ 100,000
Middlesex, New Jersey 1 $ 45,000 $ 45,000 $ 125,000
Morris, New Jersey 1 $ 305,000 $ 305,000 $ 308,000
Union, New Jersey 1 $ 155,000 $ 155,000 $ 225,000
Dona Ana, New Mexico 1 $ 215,000 $ 215,000 $ 115,000
Lincoln, New Mexico 1 $ 435,000 $ 435,000 $ 296,000
Westchester, New York 1 $ 175,000 $ 175,000 $ 268,000
Clermont, Ohio 1 $ 165,000 $ 165,000 $ 27,000
Delaware, Ohio 1 $ 115,000 $ 115,000 $ 69,000
Fulton, Ohio 1 $ 75,000 $ 75,000 $ 102,000
Lake, Ohio 1 $ 35,000 $ 35,000 $ 50,000
Delaware, Oklahoma 1 $ 385,000 $ 385,000 $ 316,000
Kingfisher, Oklahoma 1 $ 15,000 $ 15,000 $ 34,000
Woodward, Oklahoma 1 $ 15,000 $ 15,000 $ 168,000
Columbia, Oregon 1 $ 155,000 $ 155,000 $ 148,000
Jackson, Oregon 1 $ 515,000 $ 515,000 $ 326,000
Lake, Oregon 1 $ 185,000 $ 185,000 $ 147,000
Multnomah, Oregon 1 $ 165,000 $ 165,000 $ 157,000
Delaware, Pennsylvania 1 $ 55,000 $ 55,000 $ 91,000
Mercer, Pennsylvania 1 $ 95,000 $ 95,000 $ 118,000
Philadelphia, Pennsylvania 1 $ 105,000 $ 105,000 $ 98,000
Kent, Rhode Island 1 $ 45,000 $ 45,000 $ 140,000
Providence, Rhode Island 1 $ 255,000 $ 255,000 $ 281,000
Greenville, South Carolina 1 $ 55,000 $ 55,000 $ 109,000
Minnehaha, South Dakota 1 $ 85,000 $ 85,000 $ 176,000
Blount, Tennessee 1 $ 35,000 $ 35,000 $ 148,000
Sevier, Tennessee 1 $ 25,000 $ 25,000 $ 69,000
Sumner, Tennessee 1 $ 275,000 $ 275,000 $ 420,000
Washington, Tennessee 1 $ 85,000 $ 85,000 $ 187,000
Williamson, Tennessee 1 $ 205,000 $ 205,000 $ 336,000
Wilson, Tennessee 1 $ 155,000 $ 155,000 $ 248,000
Brazoria, Texas 1 $ 395,000 $ 395,000 $ 282,000
Burnet, Texas 1 $ 205,000 $ 205,000 $ 380,000
Cameron, Texas 1 $ 365,000 $ 365,000 $ 459,000
Erath, Texas 1 $ 275,000 $ 275,000 $ 112,000
Grayson, Texas 1 $ 805,000 $ 805,000 $ 1,028,000
Hidalgo, Texas 1 $ 155,000 $ 155,000 $ 207,000
Hood, Texas 1 $ 565,000 $ 565,000 $ 253,000
Lubbock, Texas 1 $ 55,000 $ 55,000 $ 157,000
McLennan, Texas 1 $ 315,000 $ 315,000 $ 220,000
Midland, Texas 1 $ 35,000 $ 35,000 $ 71,000
Parker, Texas 1 $ 65,000 $ 65,000 $ 408,000
Sabine, Texas 1 $ 55,000 $ 55,000 $ 226,000
Tom Green, Texas 1 $ 35,000 $ 35,000 $ 146,000
Wichita, Texas 1 $ 415,000 $ 415,000 $ 654,000
Summit, Utah 1 $ 355,000 $ 355,000 $ 336,000
Chesapeake, Virginia 1 $ 175,000 $ 175,000 $ 154,000
Virginia Beach, Virginia 1 $ 35,000 $ 35,000 $ 66,000
Clark, Washington 1 $ 405,000 $ 405,000 $ 186,000
Cowlitz, Washington 1 $ 235,000 $ 235,000 $ 114,000
Island, Washington 1 $ 105,000 $ 105,000 $ 160,000
Kitsap, Washington 1 $ 185,000 $ 185,000 $ 286,000
Skagit, Washington 1 $ 165,000 $ 165,000 $ 264,000
Whatcom, Washington 1 $ 235,000 $ 235,000 $ 512,000
Kenosha, Wisconsin 1 $ 125,000 $ 125,000 $ 259,000
Milwaukee, Wisconsin 1 $ 305,000 $ 305,000 $ 82,000
Portage, Wisconsin 1 $ 75,000 $ 75,000 $ 100,000
Laramie, Wyoming 1 $ 205,000 $ 205,000 $ 299,000

Mortgage Loan Application Detail Totals for Farmers Insurance Federal 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 Purchase 424 $147,590,000 $348,000 $2,045,000 $224,000 $1,359,000
Home Improvement 352 $43,680,000 $124,000 $355,000 $192,000 $1,896,000
Other Purpose 259 $30,905,000 $119,000 $355,000 $191,000 $1,425,000
Cash-out Refinancing 108 $41,420,000 $383,000 $1,415,000 $182,000 $946,000
Refinancing 86 $21,150,000 $245,000 $1,415,000 $251,000 $1,028,000
Not Applicable 0 $0 $0 $0 $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
Not Provided 509 $151,635,000 $297,000 $1,465,000 $214,000 $1,896,000
White 494 $89,390,000 $180,000 $1,375,000 $204,000 $1,425,000
Hispanic 127 $21,885,000 $172,000 $685,000 $184,000 $1,053,000
Black or African American 42 $8,110,000 $193,000 $645,000 $179,000 $696,000
Asian 34 $9,480,000 $278,000 $2,045,000 $225,000 $1,095,000
American Indian or Alaskan Native 7 $1,515,000 $216,000 $355,000 $336,000 $1,024,000
Native Hawaiian or Other Pacific Islander 2 $170,000 $85,000 $105,000 $34,000 $39,000
Not applicable 1 $35,000 $35,000 $35,000 $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) 1,229 $284,745,000 $231,000 $2,045,000 $206,000 $1,896,000
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 857 $180,865,000 $211,000 $2,045,000 $216,000 $1,425,000
Loan Purchased By The Institution 118 $25,250,000 $213,000 $805,000 $178,000 $731,000
Application Denied By Financial Institution 118 $17,800,000 $150,000 $1,195,000 $148,000 $1,896,000
Preapproval Approved but not Accepted 40 $24,240,000 $606,000 $1,365,000 $295,000 $1,359,000
Application Withdrawn By Applicant 31 $11,355,000 $366,000 $805,000 $199,000 $1,226,000
Application Approved But Not Accepted 26 $12,050,000 $463,000 $1,415,000 $223,000 $579,000
Preapproval Denied by Financial Institution 26 $8,490,000 $326,000 $645,000 $137,000 $325,000
File Closed For Incompleteness 13 $4,695,000 $361,000 $645,000 $197,000 $696,000

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 1,085 $258,455,000 $238,000 $2,045,000 $214,000 $1,425,000
Credit History 60 $10,150,000 $169,000 $1,195,000 $163,000 $1,896,000
Other 43 $6,365,000 $148,000 $355,000 $162,000 $336,000
Debt-To-Income Ratio 32 $8,330,000 $260,000 $645,000 $106,000 $317,000
Collateral 6 $640,000 $106,000 $275,000 $96,000 $168,000
Insufficient Cash (Downpayment, Closing Cost) 2 $700,000 $350,000 $495,000 $153,000 $227,000
Employment History 1 $105,000 $105,000 $105,000 $42,000 $42,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Farmers Insurance Federal 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 Farmers Insurance 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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