First Federal S&L of Lakewood Mortgage Lending & HMDA Data, 2018

In 2018, First Federal S&L of Lakewood of Lakewood, OH reported 4,100 mortgage applications totaling $893.2 million, up 2% from 2017. The average application was for $217,841, and applicants reported an average income of $132,176. 80% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Cleveland-Elyria, OH (2,368), Columbus, OH (384) and Akron, OH (323) (applications in parentheses).

Mortgage Company & Address First Federal S&L of Lakewood
14806 Detroit Ave
Lakewood, OH 44107
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  
Total Number of Mortgage Applications 4,100
Total Mortgage Loan Application Amount $893,150,000
Average Mortgage Loan Application Amount $217,841
Highest Mortgage Loan Application Amount $2,155,000
Average Applicant Income $132,176
Highest Applicant Income $3,251,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First Federal S&L of Lakewood filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 First Federal S&L of Lakewood by County in 2018

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Cuyahoga, Ohio 1,514 $ 282,670,000 $ 186,704 $ 131,000
Lorain, Ohio 414 $ 81,690,000 $ 197,318 $ 108,000
Summit, Ohio 270 $ 61,030,000 $ 226,037 $ 151,000
Lake, Ohio 203 $ 35,565,000 $ 175,197 $ 102,000
Lucas, Ohio 178 $ 37,440,000 $ 210,337 $ 132,000
Franklin, Ohio 171 $ 43,435,000 $ 254,005 $ 146,000
Medina, Ohio 148 $ 33,670,000 $ 227,500 $ 122,000
Delaware, Ohio 97 $ 33,785,000 $ 348,298 $ 164,000
Geauga, Ohio 89 $ 26,185,000 $ 294,213 $ 187,000
Wood, Ohio 64 $ 15,330,000 $ 239,531 $ 127,000
Tuscarawas, Ohio 58 $ 8,750,000 $ 150,862 $ 77,000
Stark, Ohio 56 $ 10,940,000 $ 195,357 $ 115,000
Portage, Ohio 53 $ 11,665,000 $ 220,094 $ 140,000
Monroe, Michigan 50 $ 12,950,000 $ 259,000 $ 132,000
Licking, Ohio 44 $ 13,440,000 $ 305,454 $ 139,000
Grafton, New Hampshire 35 $ 7,965,000 $ 227,571 $ 119,000
Erie, Ohio 27 $ 4,255,000 $ 157,592 $ 161,000
Union, Ohio 27 $ 9,785,000 $ 362,407 $ 148,000
Ottawa, Ohio 22 $ 5,170,000 $ 235,000 $ 214,000
Suffolk, Massachusetts 21 $ 8,745,000 $ 416,428 $ 296,000
Rockingham, New Hampshire 21 $ 6,395,000 $ 304,523 $ 119,000
Fairfield, Ohio 20 $ 7,130,000 $ 356,500 $ 164,000
Surry, North Carolina 18 $ 2,740,000 $ 152,222 $ 72,000
St. Johns, Florida 17 $ 4,475,000 $ 263,235 $ 133,000
Essex, Massachusetts 15 $ 5,155,000 $ 343,666 $ 164,000
Windsor, Vermont 15 $ 3,085,000 $ 205,666 $ 119,000
Wayne, Ohio 14 $ 2,520,000 $ 180,000 $ 79,000
Middlesex, Massachusetts 13 $ 5,005,000 $ 385,000 $ 153,000
Ashtabula, Ohio 13 $ 1,765,000 $ 135,769 $ 89,000
Fulton, Ohio 13 $ 3,165,000 $ 243,461 $ 94,000
Hamilton, Ohio 13 $ 4,265,000 $ 328,076 $ 229,000
Sullivan, New Hampshire 12 $ 2,380,000 $ 198,333 $ 87,000
Monmouth, New Jersey 12 $ 3,180,000 $ 265,000 $ 114,000
Hancock, Ohio 12 $ 3,050,000 $ 254,166 $ 142,000
Pickaway, Ohio 10 $ 3,060,000 $ 306,000 $ 108,000
Washtenaw, Michigan 9 $ 3,415,000 $ 379,444 $ 112,000
Wayne, Michigan 9 $ 1,935,000 $ 215,000 $ 128,000
Cumberland, Maine 8 $ 2,380,000 $ 297,500 $ 104,000
Norfolk, Massachusetts 8 $ 3,490,000 $ 436,250 $ 123,000
Worcester, Massachusetts 8 $ 2,020,000 $ 252,500 $ 122,000
Warren, Ohio 8 $ 3,260,000 $ 407,500 $ 254,000
Montgomery, Pennsylvania 8 $ 1,800,000 $ 225,000 $ 150,000
Merrimack, New Hampshire 7 $ 1,405,000 $ 200,714 $ 97,000
Ocean, New Jersey 7 $ 2,335,000 $ 333,571 $ 125,000
Ashland, Ohio 7 $ 1,535,000 $ 219,285 $ 100,000
Carroll, Ohio 7 $ 1,385,000 $ 197,857 $ 131,000
Knox, Ohio 7 $ 1,835,000 $ 262,142 $ 171,000
Bucks, Pennsylvania 7 $ 2,045,000 $ 292,142 $ 136,000
Duval, Florida 6 $ 920,000 $ 153,333 $ 68,000
Plymouth, Massachusetts 6 $ 1,910,000 $ 318,333 $ 114,000
Lenawee, Michigan 6 $ 1,770,000 $ 295,000 $ 132,000
Strafford, New Hampshire 6 $ 1,570,000 $ 261,666 $ 137,000
Henry, Ohio 6 $ 2,200,000 $ 366,666 $ 119,000
Madison, Ohio 6 $ 2,320,000 $ 386,666 $ 170,000
Mahoning, Ohio 6 $ 980,000 $ 163,333 $ 84,000
Sandusky, Ohio 6 $ 1,600,000 $ 266,666 $ 114,000
Chittenden, Vermont 6 $ 1,470,000 $ 245,000 $ 109,000
Lee, Florida 5 $ 1,445,000 $ 289,000 $ 178,000
Oxford, Maine 5 $ 885,000 $ 177,000 $ 202,000
Orange, Vermont 5 $ 855,000 $ 171,000 $ 132,000
Palm Beach, Florida 4 $ 1,550,000 $ 387,500 $ 215,000
Bristol, Massachusetts 4 $ 1,010,000 $ 252,500 $ 65,000
Hampden, Massachusetts 4 $ 620,000 $ 155,000 $ 141,000
Carroll, New Hampshire 4 $ 770,000 $ 192,500 $ 149,000
Hillsborough, New Hampshire 4 $ 970,000 $ 242,500 $ 103,000
Butler, Ohio 4 $ 670,000 $ 167,500 $ 105,000
Hocking, Ohio 4 $ 750,000 $ 187,500 $ 161,000
Montgomery, Ohio 4 $ 1,340,000 $ 335,000 $ 225,000
Williams, Ohio 4 $ 1,120,000 $ 280,000 $ 100,000
Campbell, Kentucky 3 $ 1,435,000 $ 478,333 $ 213,000
Livingston, Michigan 3 $ 1,075,000 $ 358,333 $ 90,000
Oakland, Michigan 3 $ 375,000 $ 125,000 $ 177,000
Morris, New Jersey 3 $ 1,025,000 $ 341,666 $ 124,000
Clark, Ohio 3 $ 655,000 $ 218,333 $ 106,000
Perry, Ohio 3 $ 905,000 $ 301,666 $ 181,000
Seneca, Ohio 3 $ 1,085,000 $ 361,666 $ 134,000
Delaware, Pennsylvania 3 $ 655,000 $ 218,333 $ 138,000
Philadelphia, Pennsylvania 3 $ 575,000 $ 191,666 $ 134,000
Beaufort, South Carolina 3 $ 685,000 $ 228,333 $ 99,000
Collier, Florida 2 $ 390,000 $ 195,000 $ 216,000
Hillsborough, Florida 2 $ 370,000 $ 185,000 $ 115,000
Miami-Dade, Florida 2 $ 1,000,000 $ 500,000 $ 561,000
Pinellas, Florida 2 $ 670,000 $ 335,000 $ 217,000
York, Maine 2 $ 520,000 $ 260,000 $ 85,000
Belknap, New Hampshire 2 $ 370,000 $ 185,000 $ 61,000
Cape May, New Jersey 2 $ 420,000 $ 210,000 $ 135,000
Champaign, Ohio 2 $ 510,000 $ 255,000 $ 119,000
Columbiana, Ohio 2 $ 480,000 $ 240,000 $ 114,000
Guernsey, Ohio 2 $ 290,000 $ 145,000 $ 84,000
Jefferson, Ohio 2 $ 440,000 $ 220,000 $ 120,000
Marion, Ohio 2 $ 300,000 $ 150,000 $ 59,000
Morrow, Ohio 2 $ 530,000 $ 265,000 $ 107,000
Muskingum, Ohio 2 $ 750,000 $ 375,000 $ 174,000
Putnam, Ohio 2 $ 740,000 $ 370,000 $ 131,000
Richland, Ohio 2 $ 360,000 $ 180,000 $ 102,000
Ross, Ohio 2 $ 280,000 $ 140,000 $ 100,000
Shelby, Ohio 2 $ 110,000 $ 55,000 $ 53,000
Campbell, Tennessee 2 $ 910,000 $ 455,000 $ 354,000
Addison, Vermont 2 $ 480,000 $ 240,000 $ 109,000
Carroll, Virginia 2 $ 400,000 $ 200,000 $ 98,000
Falls Church, Virginia 2 $ 2,240,000 $ 1,120,000 $ 456,000
Grayson, Virginia 2 $ 300,000 $ 150,000 $ 43,000
Pinal, Arizona 1 $ 165,000 $ 165,000 $ 150,000
Hartford, Connecticut 1 $ 135,000 $ 135,000 $ 37,000
New Haven, Connecticut 1 $ 135,000 $ 135,000 $ 32,000
Alachua, Florida 1 $ 215,000 $ 215,000 $ 87,000
Charlotte, Florida 1 $ 135,000 $ 135,000 $ 80,000
Indian River, Florida 1 $ 265,000 $ 265,000 $ 68,000
Sarasota, Florida 1 $ 245,000 $ 245,000 $ 55,000
Sumter, Florida 1 $ 165,000 $ 165,000 $ 121,000
Lake, Illinois 1 $ 335,000 $ 335,000 $ 160,000
Dearborn, Indiana 1 $ 215,000 $ 215,000 $ 130,000
Kosciusko, Indiana 1 $ 245,000 $ 245,000 $ 174,000
St. Joseph, Indiana 1 $ 85,000 $ 85,000 $ 382,000
Jefferson, Kentucky 1 $ 235,000 $ 235,000 $ 119,000
Kenton, Kentucky 1 $ 385,000 $ 385,000 $ 91,000
Oldham, Kentucky 1 $ 135,000 $ 135,000 $ 44,000
Hancock, Maine 1 $ 185,000 $ 185,000 $ 39,000
Kennebec, Maine 1 $ 155,000 $ 155,000 $ 175,000
Lincoln, Maine 1 $ 425,000 $ 425,000 $ 151,000
Somerset, Maine 1 $ 235,000 $ 235,000 $ 54,000
Dukes, Massachusetts 1 $ 455,000 $ 455,000 $ 192,000
Hampshire, Massachusetts 1 $ 535,000 $ 535,000 $ 140,000
Nantucket, Massachusetts 1 $ 535,000 $ 535,000 $ 373,000
Branch, Michigan 1 $ 225,000 $ 225,000 $ 162,000
Clare, Michigan 1 $ 135,000 $ 135,000 $ 165,000
Iosco, Michigan 1 $ 45,000 $ 45,000 $ 122,000
Jackson, Michigan 1 $ 585,000 $ 585,000 $ 291,000
Kent, Michigan 1 $ 375,000 $ 375,000 $ 250,000
Leelanau, Michigan 1 $ 245,000 $ 245,000 $ 137,000
Mackinac, Michigan 1 $ 245,000 $ 245,000 $ 165,000
Macomb, Michigan 1 $ 145,000 $ 145,000 $ 115,000
Burlington, New Jersey 1 $ 105,000 $ 105,000 $ 46,000
Passaic, New Jersey 1 $ 335,000 $ 335,000 $ 128,000
Union, New Jersey 1 $ 435,000 $ 435,000 $ 138,000
Cattaraugus, New York 1 $ 75,000 $ 75,000 $ 192,000
Forsyth, North Carolina 1 $ 105,000 $ 105,000 $ 65,000
Haywood, North Carolina 1 $ 85,000 $ 85,000 $ 60,000
Wake, North Carolina 1 $ 245,000 $ 245,000 $ 212,000
Allen, Ohio 1 $ 415,000 $ 415,000 $ 143,000
Athens, Ohio 1 $ 165,000 $ 165,000 $ 67,000
Brown, Ohio 1 $ 395,000 $ 395,000 $ 141,000
Clermont, Ohio 1 $ 355,000 $ 355,000 $ 136,000
Greene, Ohio 1 $ 245,000 $ 245,000 $ 65,000
Hardin, Ohio 1 $ 205,000 $ 205,000 $ 181,000
Harrison, Ohio 1 $ 215,000 $ 215,000 $ 58,000
Huron, Ohio 1 $ 95,000 $ 95,000 $ 27,000
Jackson, Ohio 1 $ 175,000 $ 175,000 $ 68,000
Logan, Ohio 1 $ 335,000 $ 335,000 $ 145,000
Trumbull, Ohio 1 $ 75,000 $ 75,000 $ 126,000
Wyandot, Ohio 1 $ 185,000 $ 185,000 $ 192,000
Allegheny, Pennsylvania 1 $ 135,000 $ 135,000 $ 80,000
Chester, Pennsylvania 1 $ 255,000 $ 255,000 $ 76,000
Columbia, Pennsylvania 1 $ 105,000 $ 105,000 $ 99,000
Bennington, Vermont 1 $ 225,000 $ 225,000 $ 410,000
Windham, Vermont 1 $ 85,000 $ 85,000 $ 72,000
Arlington, Virginia 1 $ 255,000 $ 255,000 $ 129,000
Galax, Virginia 1 $ 155,000 $ 155,000 $ 90,000
Norfolk, Virginia 1 $ 415,000 $ 415,000 $ 360,000
Portsmouth, Virginia 1 $ 555,000 $ 555,000 $ 375,000
Pleasants, West Virginia 1 $ 285,000 $ 285,000 $ 87,000
Wood, West Virginia 1 $ 85,000 $ 85,000 $ 39,000

Mortgage Loan Application Detail Totals for First Federal S&L of Lakewood in 2018

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 3,035 $694,585,000 $228,000 $1,605,000 $129,000 $1,846,000
Cash-out Refinancing 473 $92,295,000 $195,000 $1,005,000 $127,000 $752,000
Refinancing 453 $88,045,000 $194,000 $2,155,000 $158,000 $3,251,000
Other Purpose 139 $18,225,000 $131,000 $615,000 $135,000 $671,000
Home Improvement 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 3,434 $742,670,000 $216,000 $2,155,000 $131,000 $3,251,000
Not Provided 350 $74,570,000 $213,000 $845,000 $152,000 $989,000
Asian 135 $34,515,000 $255,000 $805,000 $139,000 $561,000
Black or African American 80 $16,090,000 $201,000 $605,000 $101,000 $514,000
Hispanic 77 $12,815,000 $166,000 $435,000 $99,000 $535,000
Not applicable 19 $11,315,000 $595,000 $1,605,000 $0 $0
American Indian or Alaskan Native 3 $695,000 $231,000 $475,000 $77,000 $129,000
Native Hawaiian or Other Pacific Islander 1 $355,000 $355,000 $355,000 $110,000 $110,000

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) 3,808 $843,990,000 $221,000 $2,155,000 $137,000 $3,251,000
FHA-insured (Federal Housing Administration) 241 $39,645,000 $164,000 $635,000 $69,000 $204,000
VA-guaranteed (Veterans Administration) 31 $6,525,000 $210,000 $435,000 $77,000 $185,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 20 $2,990,000 $149,000 $235,000 $62,000 $118,000

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 3,283 $715,385,000 $217,000 $1,605,000 $132,000 $2,965,000
Application Withdrawn By Applicant 513 $114,295,000 $222,000 $2,155,000 $146,000 $3,251,000
Application Denied By Financial Institution 169 $29,675,000 $175,000 $1,335,000 $91,000 $400,000
File Closed For Incompleteness 98 $26,890,000 $274,000 $825,000 $141,000 $576,000
Application Approved But Not Accepted 37 $6,905,000 $186,000 $655,000 $103,000 $380,000
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 3,931 $863,475,000 $219,000 $2,155,000 $134,000 $3,251,000
Collateral 54 $9,580,000 $177,000 $455,000 $111,000 $400,000
Credit History 42 $7,120,000 $169,000 $1,335,000 $96,000 $375,000
Debt-To-Income Ratio 34 $6,450,000 $189,000 $495,000 $62,000 $198,000
Other 20 $3,830,000 $191,000 $415,000 $107,000 $246,000
Employment History 9 $1,195,000 $132,000 $265,000 $68,000 $133,000
Insufficient Cash (Downpayment, Closing Cost) 8 $1,240,000 $155,000 $225,000 $48,000 $70,000
Unverifiable Information 2 $260,000 $130,000 $145,000 $68,000 $81,000
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 First Federal S&L of Lakewood's 2018 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 First Federal S&L of Lakewood'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 Ohio, download the full spreadsheet with aggregated HMDA statistics today.

Download the Ohio Lender List