Financial Center First Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2021
Financial Center First Credit Union 2021 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 | Financial Center First Credit Union 7101 E 56Th Street Indianapolis, IN 46226 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 |
| Total Number of Mortgage Applications | 972 |
| Total Mortgage Loan Application Amount | $139,600,000 |
| Average Mortgage Loan Application Amount | $112,750 |
| Highest Mortgage Loan Application Amount | $2,405,000 |
| Average Applicant Income | $114,000 |
| Highest Applicant Income | $2,341,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2021 with Financial Center First 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 Financial Center First Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2021 breaks down Financial Center First 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 Financial Center First Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Financial Center First 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 Financial Center First Credit Union's mortgage activity for 2021.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Marion County Indiana | 399 | $ 44,785,000 | $ 112,000 | $ 87,000 |
| Hamilton County Indiana | 113 | $ 31,615,000 | $ 279,000 | $ 206,000 |
| Johnson County Indiana | 113 | $ 20,295,000 | $ 179,000 | $ 109,000 |
| Delaware County Indiana | 104 | $ 8,080,000 | $ 77,000 | $ 83,000 |
| Hancock County Indiana | 40 | $ 4,090,000 | $ 102,000 | $ 98,000 |
| Hendricks County Indiana | 39 | $ 6,665,000 | $ 170,000 | $ 110,000 |
| Morgan County Indiana | 38 | $ 4,980,000 | $ 131,000 | $ 106,000 |
| Howard County Indiana | 23 | $ 2,395,000 | $ 104,000 | $ 82,000 |
| Madison County Indiana | 23 | $ 1,705,000 | $ 74,000 | $ 74,000 |
| Boone County Indiana | 18 | $ 5,490,000 | $ 305,000 | $ 270,000 |
| Shelby County Indiana | 15 | $ 3,235,000 | $ 215,000 | $ 130,000 |
| Brown County Indiana | 7 | $ 1,345,000 | $ 192,000 | $ 150,000 |
| Henry County Indiana | 7 | $ 735,000 | $ 105,000 | $ 65,000 |
| Randolph County Indiana | 6 | $ 600,000 | $ 100,000 | $ 109,000 |
| Bartholomew County Indiana | 5 | $ 1,375,000 | $ 275,000 | $ 173,000 |
| Monroe County Indiana | 3 | $ 535,000 | $ 178,000 | $ 91,000 |
| Owen County Indiana | 3 | $ 215,000 | $ 71,000 | $ 58,000 |
| Putnam County Indiana | 3 | $ 435,000 | $ 145,000 | $ 68,000 |
| Blackford County Indiana | 2 | $ 120,000 | $ 60,000 | $ 52,000 |
| Grant County Indiana | 2 | $ 120,000 | $ 60,000 | $ 71,000 |
| Tipton County Indiana | 2 | $ 200,000 | $ 100,000 | $ 79,000 |
| Allen County Indiana | 1 | $ 145,000 | $ 145,000 | $ 61,000 |
| Cass County Indiana | 1 | $ 95,000 | $ 95,000 | $ 131,000 |
| Decatur County Indiana | 1 | $ 5,000 | $ 5,000 | $ 105,000 |
| Jackson County Indiana | 1 | $ 135,000 | $ 135,000 | $ 52,000 |
| Miami County Indiana | 1 | $ 45,000 | $ 45,000 | $ 123,000 |
| Noble County Indiana | 1 | $ 135,000 | $ 135,000 | $ 13,000 |
| Rush County Indiana | 1 | $ 25,000 | $ 25,000 | $ 3,000 |
Mortgage Loan Application Detail Totals for Financial Center First Credit Union in 2021
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 | 690 | $99,970,000 | $144,000 | $1,445,000 | $100,000 | $1,031,000 |
| Home Purchase | 153 | $33,945,000 | $221,000 | $2,405,000 | $149,000 | $2,341,000 |
| Home Improvement | 80 | $3,690,000 | $46,000 | $155,000 | $125,000 | $1,877,000 |
| Other Purpose | 49 | $1,995,000 | $40,000 | $255,000 | $82,000 | $258,000 |
| Cash-out Refinancing | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| White | 627 | $91,335,000 | $145,000 | $1,445,000 | $109,000 | $1,500,000 |
| Not Provided | 134 | $18,710,000 | $139,000 | $1,485,000 | $128,000 | $1,877,000 |
| Black or African American | 130 | $13,060,000 | $100,000 | $485,000 | $81,000 | $723,000 |
| Hispanic | 61 | $8,655,000 | $141,000 | $545,000 | $92,000 | $329,000 |
| Asian | 17 | $6,845,000 | $402,000 | $2,405,000 | $216,000 | $2,341,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $395,000 | $395,000 | $395,000 | $115,000 | $115,000 |
| Not applicable | 1 | $255,000 | $255,000 | $255,000 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 972 | $139,600,000 | $143,000 | $2,405,000 | $109,000 | $2,341,000 |
| 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 | 627 | $91,295,000 | $145,000 | $1,485,000 | $115,000 | $1,877,000 |
| Application Denied By Financial Institution | 174 | $21,790,000 | $125,000 | $1,055,000 | $76,000 | $1,500,000 |
| Application Approved But Not Accepted | 151 | $22,825,000 | $151,000 | $2,405,000 | $123,000 | $2,341,000 |
| File Closed For Incompleteness | 17 | $2,575,000 | $151,000 | $865,000 | $109,000 | $569,000 |
| Application Withdrawn By Applicant | 3 | $1,115,000 | $371,000 | $1,085,000 | $118,000 | $202,000 |
| 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 | 798 | $117,810,000 | $147,000 | $2,405,000 | $116,000 | $2,341,000 |
| Credit History | 75 | $7,465,000 | $99,000 | $1,055,000 | $75,000 | $702,000 |
| Debt-To-Income Ratio | 56 | $8,370,000 | $149,000 | $575,000 | $43,000 | $85,000 |
| Collateral | 23 | $3,585,000 | $155,000 | $545,000 | $172,000 | $1,500,000 |
| Other | 19 | $2,065,000 | $108,000 | $385,000 | $64,000 | $120,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $305,000 | $305,000 | $305,000 | $52,000 | $52,000 |
| 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 Financial Center First Credit Union's 2021 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 Financial Center First 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 Indiana, download the full spreadsheet
with aggregated HMDA statistics today.