Fedchoice Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2022
Fedchoice Federal Credit Union 2022 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 | Fedchoice Federal Credit Union 10001Willowdalerd Lanham, MD 20706 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 398 |
| Total Mortgage Loan Application Amount | $51,390,000 |
| Average Mortgage Loan Application Amount | $174,800 |
| Highest Mortgage Loan Application Amount | $795,000 |
| Average Applicant Income | $133,600 |
| Highest Applicant Income | $1,056,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2022 with Fedchoice Federal Credit Union. 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 Fedchoice Federal Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2022 breaks down Fedchoice Federal Credit Union'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 Fedchoice Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Fedchoice Federal Credit Union, 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 Fedchoice Federal Credit Union's mortgage activity for 2022.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Prince George's County Maryland | 116 | $ 17,680,000 | $ 152,000 | $ 135,000 |
| Philadelphia County Pennsylvania | 22 | $ 2,190,000 | $ 99,000 | $ 76,000 |
| Montgomery County Maryland | 21 | $ 2,795,000 | $ 133,000 | $ 214,000 |
| District of Columbia County District Of Columbia | 20 | $ 2,790,000 | $ 139,000 | $ 133,000 |
| Fairfax County Virginia | 16 | $ 2,080,000 | $ 130,000 | $ 174,000 |
| Anne Arundel County Maryland | 15 | $ 1,965,000 | $ 131,000 | $ 161,000 |
| Charles County Maryland | 14 | $ 1,420,000 | $ 101,000 | $ 142,000 |
| Howard County Maryland | 9 | $ 1,395,000 | $ 155,000 | $ 235,000 |
| Baltimore County Maryland | 7 | $ 875,000 | $ 125,000 | $ 97,000 |
| Calvert County Maryland | 6 | $ 370,000 | $ 61,000 | $ 180,000 |
| Baltimore City County Maryland | 4 | $ 350,000 | $ 87,000 | $ 113,000 |
| Spotsylvania County Virginia | 4 | $ 290,000 | $ 72,000 | $ 157,000 |
| New Castle County Delaware | 3 | $ 585,000 | $ 195,000 | $ 139,000 |
| Muscogee County Georgia | 3 | $ 95,000 | $ 31,000 | $ 24,000 |
| Cook County Illinois | 3 | $ 145,000 | $ 48,000 | $ 124,000 |
| Carroll County Maryland | 3 | $ 255,000 | $ 85,000 | $ 130,000 |
| Frederick County Maryland | 3 | $ 175,000 | $ 58,000 | $ 166,000 |
| Bucks County Pennsylvania | 3 | $ 565,000 | $ 188,000 | $ 113,000 |
| Jefferson County West Virginia | 3 | $ 155,000 | $ 51,000 | $ 99,000 |
| Palm Beach County Florida | 2 | $ 410,000 | $ 205,000 | $ 101,000 |
| Harford County Maryland | 2 | $ 410,000 | $ 205,000 | $ 156,000 |
| St. Mary's County Maryland | 2 | $ 110,000 | $ 55,000 | $ 167,000 |
| Camden County New Jersey | 2 | $ 100,000 | $ 50,000 | $ 187,000 |
| Gloucester County New Jersey | 2 | $ 80,000 | $ 40,000 | $ 65,000 |
| Adams County Pennsylvania | 2 | $ 360,000 | $ 180,000 | $ 0 |
| Montgomery County Pennsylvania | 2 | $ 80,000 | $ 40,000 | $ 72,000 |
| Horry County South Carolina | 2 | $ 140,000 | $ 70,000 | $ 146,000 |
| Obion County Tennessee | 2 | $ 180,000 | $ 90,000 | $ 31,000 |
| Arlington County Virginia | 2 | $ 270,000 | $ 135,000 | $ 289,000 |
| Fauquier County Virginia | 2 | $ 160,000 | $ 80,000 | $ 130,000 |
| Frederick County Virginia | 2 | $ 490,000 | $ 245,000 | $ 208,000 |
| Henrico County Virginia | 2 | $ 210,000 | $ 105,000 | $ 209,000 |
| Loudoun County Virginia | 2 | $ 520,000 | $ 260,000 | $ 237,000 |
| Prince William County Virginia | 2 | $ 160,000 | $ 80,000 | $ 145,000 |
| Richmond City County Virginia | 2 | $ 350,000 | $ 175,000 | $ 165,000 |
| Stafford County Virginia | 2 | $ 470,000 | $ 235,000 | $ 116,000 |
| Warren County Virginia | 2 | $ 40,000 | $ 20,000 | $ 62,000 |
| Kent County Delaware | 1 | $ 85,000 | $ 85,000 | $ 101,000 |
| Brevard County Florida | 1 | $ 395,000 | $ 395,000 | $ 147,000 |
| Broward County Florida | 1 | $ 155,000 | $ 155,000 | $ 104,000 |
| Hillsborough County Florida | 1 | $ 75,000 | $ 75,000 | $ 92,000 |
| Marion County Florida | 1 | $ 75,000 | $ 75,000 | $ 96,000 |
| Miami-Dade County Florida | 1 | $ 235,000 | $ 235,000 | $ 0 |
| Pinellas County Florida | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Cobb County Georgia | 1 | $ 15,000 | $ 15,000 | $ 180,000 |
| DeKalb County Georgia | 1 | $ 195,000 | $ 195,000 | $ 41,000 |
| Glynn County Georgia | 1 | $ 75,000 | $ 75,000 | $ 134,000 |
| Gwinnett County Georgia | 1 | $ 35,000 | $ 35,000 | $ 75,000 |
| Richmond County Georgia | 1 | $ 45,000 | $ 45,000 | $ 143,000 |
| Morgan County Indiana | 1 | $ 65,000 | $ 65,000 | $ 90,000 |
| Lyon County Kansas | 1 | $ 395,000 | $ 395,000 | $ 0 |
| Caroline County Maryland | 1 | $ 55,000 | $ 55,000 | $ 115,000 |
| Cecil County Maryland | 1 | $ 75,000 | $ 75,000 | $ 219,000 |
| Talbot County Maryland | 1 | $ 145,000 | $ 145,000 | $ 253,000 |
| Washington County Maryland | 1 | $ 55,000 | $ 55,000 | $ 164,000 |
| Wicomico County Maryland | 1 | $ 75,000 | $ 75,000 | $ 139,000 |
| Charlevoix County Michigan | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Washington County Minnesota | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Burlington County New Jersey | 1 | $ 85,000 | $ 85,000 | $ 77,000 |
| Craven County North Carolina | 1 | $ 195,000 | $ 195,000 | $ 171,000 |
| Gaston County North Carolina | 1 | $ 55,000 | $ 55,000 | $ 67,000 |
| Hoke County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 96,000 |
| Johnston County North Carolina | 1 | $ 55,000 | $ 55,000 | $ 79,000 |
| New Hanover County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 125,000 |
| Onslow County North Carolina | 1 | $ 45,000 | $ 45,000 | $ 150,000 |
| Pitt County North Carolina | 1 | $ 45,000 | $ 45,000 | $ 131,000 |
| Wake County North Carolina | 1 | $ 465,000 | $ 465,000 | $ 0 |
| Cuyahoga County Ohio | 1 | $ 25,000 | $ 25,000 | $ 35,000 |
| Butler County Pennsylvania | 1 | $ 105,000 | $ 105,000 | $ 69,000 |
| Chester County Pennsylvania | 1 | $ 315,000 | $ 315,000 | $ 0 |
| Cumberland County Pennsylvania | 1 | $ 45,000 | $ 45,000 | $ 105,000 |
| Delaware County Pennsylvania | 1 | $ 125,000 | $ 125,000 | $ 67,000 |
| Shelby County Tennessee | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Cameron County Texas | 1 | $ 105,000 | $ 105,000 | $ 118,000 |
| Collin County Texas | 1 | $ 45,000 | $ 45,000 | $ 157,000 |
| Tarrant County Texas | 1 | $ 65,000 | $ 65,000 | $ 95,000 |
| Williamson County Texas | 1 | $ 35,000 | $ 35,000 | $ 36,000 |
| Albemarle County Virginia | 1 | $ 255,000 | $ 255,000 | $ 105,000 |
| Alexandria County Virginia | 1 | $ 485,000 | $ 485,000 | $ 168,000 |
| Fairfax City County Virginia | 1 | $ 95,000 | $ 95,000 | $ 108,000 |
| Falls Church County Virginia | 1 | $ 95,000 | $ 95,000 | $ 132,000 |
| Fredericksburg County Virginia | 1 | $ 325,000 | $ 325,000 | $ 0 |
| Norfolk County Virginia | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Orange County Virginia | 1 | $ 45,000 | $ 45,000 | $ 173,000 |
| Powhatan County Virginia | 1 | $ 235,000 | $ 235,000 | $ 382,000 |
| Virginia Beach County Virginia | 1 | $ 85,000 | $ 85,000 | $ 170,000 |
| King County Washington | 1 | $ 125,000 | $ 125,000 | $ 258,000 |
| Snohomish County Washington | 1 | $ 155,000 | $ 155,000 | $ 216,000 |
| Berkeley County West Virginia | 1 | $ 75,000 | $ 75,000 | $ 92,000 |
Mortgage Loan Application Detail Totals for Fedchoice 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 Improvement | 203 | $18,995,000 | $93,000 | $485,000 | $156,000 | $1,056,000 |
| Other Purpose | 103 | $11,535,000 | $111,000 | $465,000 | $125,000 | $315,000 |
| Home Purchase | 34 | $10,050,000 | $295,000 | $685,000 | $113,000 | $191,000 |
| Refinancing | 31 | $5,155,000 | $166,000 | $795,000 | $150,000 | $438,000 |
| Cash-out Refinancing | 27 | $5,655,000 | $209,000 | $515,000 | $124,000 | $255,000 |
| 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 |
|---|---|---|---|---|---|---|
| Black or African American | 173 | $22,365,000 | $129,000 | $795,000 | $125,000 | $624,000 |
| White | 121 | $13,765,000 | $113,000 | $495,000 | $157,000 | $438,000 |
| Not Provided | 59 | $9,885,000 | $167,000 | $515,000 | $156,000 | $643,000 |
| Hispanic | 20 | $1,570,000 | $78,000 | $265,000 | $181,000 | $1,056,000 |
| Asian | 16 | $2,810,000 | $175,000 | $465,000 | $180,000 | $434,000 |
| American Indian or Alaskan Native | 4 | $700,000 | $175,000 | $505,000 | $103,000 | $145,000 |
| 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) | 396 | $50,860,000 | $128,000 | $795,000 | $143,000 | $1,056,000 |
| FHA-insured (Federal Housing Administration) | 1 | $295,000 | $295,000 | $295,000 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 1 | $235,000 | $235,000 | $235,000 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Loan Originated | 219 | $26,915,000 | $122,000 | $495,000 | $156,000 | $643,000 |
| Application Withdrawn By Applicant | 99 | $14,235,000 | $143,000 | $795,000 | $123,000 | $288,000 |
| Application Denied By Financial Institution | 72 | $8,710,000 | $120,000 | $685,000 | $126,000 | $1,056,000 |
| Application Approved But Not Accepted | 7 | $1,385,000 | $197,000 | $285,000 | $107,000 | $151,000 |
| File Closed For Incompleteness | 1 | $145,000 | $145,000 | $145,000 | $38,000 | $38,000 |
| 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 | 326 | $42,680,000 | $130,000 | $795,000 | $147,000 | $643,000 |
| Debt-To-Income Ratio | 30 | $4,200,000 | $140,000 | $615,000 | $112,000 | $265,000 |
| Other | 18 | $1,290,000 | $71,000 | $205,000 | $107,000 | $184,000 |
| Credit History | 15 | $2,075,000 | $138,000 | $515,000 | $93,000 | $264,000 |
| Collateral | 8 | $460,000 | $57,000 | $105,000 | $260,000 | $1,056,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $685,000 | $685,000 | $685,000 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Fedchoice 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 Fedchoice 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.
For a list of all lenders in Maryland, download the full spreadsheet
with aggregated HMDA statistics today.