First Federal S&L of Lakewood Mortgage Lending & HMDA Data, 2020

In 2020, First Federal S&L of Lakewood of Lakewood, OH reported 6,027 mortgage applications totaling $1.4 billion, up 38% from 2019. The average application was for $240,395, and applicants reported an average income of $137,903. 73% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Cleveland-Elyria, OH (3,577), Columbus, OH (622) and Akron, OH (463) (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 6,027
Total Mortgage Loan Application Amount $1,448,865,000
Average Mortgage Loan Application Amount $240,395
Highest Mortgage Loan Application Amount $4,005,000
Average Applicant Income $137,903
Highest Applicant Income $1,844,000

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records First Federal S&L of Lakewood filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Cuyahoga, Ohio 2,116 $ 447,460,000 $ 211,465 $ 138,000
Lorain, Ohio 646 $ 146,060,000 $ 226,099 $ 123,000
Summit, Ohio 385 $ 87,565,000 $ 227,441 $ 140,000
Lake, Ohio 368 $ 72,080,000 $ 195,869 $ 106,000
Medina, Ohio 283 $ 67,525,000 $ 238,604 $ 121,000
Franklin, Ohio 262 $ 76,350,000 $ 291,412 $ 164,000
Lucas, Ohio 230 $ 57,260,000 $ 248,956 $ 137,000
Delaware, Ohio 171 $ 62,255,000 $ 364,064 $ 176,000
Geauga, Ohio 164 $ 47,080,000 $ 287,073 $ 162,000
Warren, Ohio 122 $ 33,700,000 $ 276,229 $ 129,000
Wood, Ohio 98 $ 26,590,000 $ 271,326 $ 123,000
Hamilton, Ohio 96 $ 22,650,000 $ 235,937 $ 131,000
Licking, Ohio 96 $ 32,670,000 $ 340,312 $ 153,000
Portage, Ohio 78 $ 17,660,000 $ 226,410 $ 111,000
Monroe, Michigan 54 $ 14,600,000 $ 270,370 $ 130,000
Butler, Ohio 50 $ 12,020,000 $ 240,400 $ 138,000
Erie, Ohio 46 $ 12,170,000 $ 264,565 $ 147,000
Ottawa, Ohio 45 $ 11,825,000 $ 262,777 $ 259,000
Stark, Ohio 44 $ 9,730,000 $ 221,136 $ 127,000
Tuscarawas, Ohio 34 $ 7,010,000 $ 206,176 $ 123,000
Clermont, Ohio 33 $ 6,715,000 $ 203,484 $ 106,000
Fairfield, Ohio 31 $ 10,075,000 $ 325,000 $ 133,000
Union, Ohio 31 $ 12,755,000 $ 411,451 $ 194,000
Wayne, Michigan 29 $ 9,215,000 $ 317,758 $ 123,000
Marion, Indiana 28 $ 2,620,000 $ 93,571 $ 159,000
Oakland, Michigan 21 $ 4,175,000 $ 198,809 $ 96,000
Ashtabula, Ohio 17 $ 2,955,000 $ 173,823 $ 108,000
Wayne, Ohio 16 $ 3,660,000 $ 228,750 $ 102,000
Lee, Florida 15 $ 4,705,000 $ 313,666 $ 327,000
Mahoning, Ohio 15 $ 3,435,000 $ 229,000 $ 130,000
Hancock, Ohio 13 $ 4,545,000 $ 349,615 $ 135,000
Madison, Ohio 13 $ 3,615,000 $ 278,076 $ 136,000
Campbell, Kentucky 11 $ 2,715,000 $ 246,818 $ 117,000
Boone, Kentucky 10 $ 3,220,000 $ 322,000 $ 166,000
Ashland, Ohio 10 $ 2,290,000 $ 229,000 $ 120,000
Huron, Ohio 10 $ 2,940,000 $ 294,000 $ 92,000
Montgomery, Ohio 10 $ 1,300,000 $ 130,000 $ 119,000
Trumbull, Ohio 10 $ 1,400,000 $ 140,000 $ 88,000
Kenton, Kentucky 9 $ 2,245,000 $ 249,444 $ 114,000
Washtenaw, Michigan 9 $ 4,005,000 $ 445,000 $ 145,000
Morrow, Ohio 8 $ 1,770,000 $ 221,250 $ 135,000
Fulton, Ohio 7 $ 1,625,000 $ 232,142 $ 119,000
Greene, Ohio 7 $ 1,925,000 $ 275,000 $ 188,000
Pickaway, Ohio 7 $ 2,185,000 $ 312,142 $ 122,000
Sandusky, Ohio 7 $ 1,965,000 $ 280,714 $ 107,000
Hamilton, Indiana 6 $ 3,080,000 $ 513,333 $ 255,000
Lenawee, Michigan 6 $ 1,860,000 $ 310,000 $ 211,000
Columbiana, Ohio 6 $ 1,520,000 $ 253,333 $ 77,000
Knox, Ohio 6 $ 1,820,000 $ 303,333 $ 119,000
Collier, Florida 5 $ 1,225,000 $ 245,000 $ 254,000
Hillsborough, Florida 5 $ 2,505,000 $ 501,000 $ 223,000
Cook, Illinois 5 $ 1,515,000 $ 303,000 $ 216,000
Dearborn, Indiana 5 $ 1,015,000 $ 203,000 $ 89,000
Jefferson, Kentucky 5 $ 2,995,000 $ 599,000 $ 309,000
Jackson, Michigan 5 $ 1,755,000 $ 351,000 $ 118,000
Allen, Ohio 5 $ 1,165,000 $ 233,000 $ 119,000
Carroll, Ohio 5 $ 1,045,000 $ 209,000 $ 181,000
Miami, Ohio 5 $ 1,655,000 $ 331,000 $ 236,000
Richland, Ohio 5 $ 1,825,000 $ 365,000 $ 98,000
Broward, Florida 4 $ 1,930,000 $ 482,500 $ 221,000
Boone, Indiana 4 $ 1,030,000 $ 257,500 $ 159,000
Macomb, Michigan 4 $ 590,000 $ 147,500 $ 120,000
Wake, North Carolina 4 $ 1,060,000 $ 265,000 $ 101,000
Seneca, Ohio 4 $ 830,000 $ 207,500 $ 94,000
Manatee, Florida 3 $ 955,000 $ 318,333 $ 127,000
Orange, Florida 3 $ 1,625,000 $ 541,666 $ 221,000
Palm Beach, Florida 3 $ 875,000 $ 291,666 $ 369,000
Sarasota, Florida 3 $ 1,265,000 $ 421,666 $ 207,000
Seminole, Florida 3 $ 1,775,000 $ 591,666 $ 206,000
St. Johns, Florida 3 $ 1,415,000 $ 471,666 $ 152,000
Franklin, Indiana 3 $ 955,000 $ 318,333 $ 106,000
Fayette, Kentucky 3 $ 525,000 $ 175,000 $ 109,000
Crawford, Ohio 3 $ 635,000 $ 211,666 $ 82,000
Henry, Ohio 3 $ 1,355,000 $ 451,666 $ 117,000
Logan, Ohio 3 $ 965,000 $ 321,666 $ 107,000
Muskingum, Ohio 3 $ 725,000 $ 241,666 $ 66,000
Putnam, Ohio 3 $ 1,375,000 $ 458,333 $ 158,000
Williams, Ohio 3 $ 595,000 $ 198,333 $ 78,000
Butler, Pennsylvania 3 $ 1,315,000 $ 438,333 $ 204,000
Erie, Pennsylvania 3 $ 1,035,000 $ 345,000 $ 140,000
Alachua, Florida 2 $ 280,000 $ 140,000 $ 38,000
Brevard, Florida 2 $ 720,000 $ 360,000 $ 195,000
Hernando, Florida 2 $ 430,000 $ 215,000 $ 62,000
Pinellas, Florida 2 $ 460,000 $ 230,000 $ 193,000
Lake, Illinois 2 $ 750,000 $ 375,000 $ 190,000
Lake, Indiana 2 $ 1,310,000 $ 655,000 $ 245,000
Pike, Kentucky 2 $ 850,000 $ 425,000 $ 345,000
Worcester, Maryland 2 $ 550,000 $ 275,000 $ 150,000
Antrim, Michigan 2 $ 470,000 $ 235,000 $ 142,000
Branch, Michigan 2 $ 600,000 $ 300,000 $ 181,000
Ingham, Michigan 2 $ 350,000 $ 175,000 $ 61,000
Kent, Michigan 2 $ 710,000 $ 355,000 $ 143,000
Chautauqua, New York 2 $ 650,000 $ 325,000 $ 333,000
Belmont, Ohio 2 $ 590,000 $ 295,000 $ 106,000
Champaign, Ohio 2 $ 780,000 $ 390,000 $ 51,000
Clark, Ohio 2 $ 710,000 $ 355,000 $ 175,000
Clinton, Ohio 2 $ 660,000 $ 330,000 $ 90,000
Holmes, Ohio 2 $ 400,000 $ 200,000 $ 60,000
Marion, Ohio 2 $ 530,000 $ 265,000 $ 140,000
Mercer, Ohio 2 $ 610,000 $ 305,000 $ 153,000
Perry, Ohio 2 $ 790,000 $ 395,000 $ 128,000
Scioto, Ohio 2 $ 450,000 $ 225,000 $ 153,000
Shelby, Ohio 2 $ 410,000 $ 205,000 $ 220,000
Allegheny, Pennsylvania 2 $ 670,000 $ 335,000 $ 202,000
Beaver, Pennsylvania 2 $ 730,000 $ 365,000 $ 152,000
Horry, South Carolina 2 $ 580,000 $ 290,000 $ 76,000
Raleigh, West Virginia 2 $ 600,000 $ 300,000 $ 275,000
Charlotte, Florida 1 $ 215,000 $ 215,000 $ 62,000
Duval, Florida 1 $ 175,000 $ 175,000 $ 58,000
Escambia, Florida 1 $ 465,000 $ 465,000 $ 215,000
Flagler, Florida 1 $ 285,000 $ 285,000 $ 440,000
Lake, Florida 1 $ 305,000 $ 305,000 $ 107,000
Leon, Florida 1 $ 365,000 $ 365,000 $ 235,000
Martin, Florida 1 $ 735,000 $ 735,000 $ 336,000
Pasco, Florida 1 $ 155,000 $ 155,000 $ 238,000
Polk, Florida 1 $ 215,000 $ 215,000 $ 118,000
Will, Illinois 1 $ 455,000 $ 455,000 $ 360,000
Monroe, Indiana 1 $ 155,000 $ 155,000 $ 151,000
Bourbon, Kentucky 1 $ 245,000 $ 245,000 $ 135,000
Boyd, Kentucky 1 $ 135,000 $ 135,000 $ 750,000
Bullitt, Kentucky 1 $ 435,000 $ 435,000 $ 128,000
Clark, Kentucky 1 $ 495,000 $ 495,000 $ 345,000
Greenup, Kentucky 1 $ 275,000 $ 275,000 $ 112,000
Jessamine, Kentucky 1 $ 295,000 $ 295,000 $ 108,000
Mason, Kentucky 1 $ 765,000 $ 765,000 $ 435,000
Nelson, Kentucky 1 $ 255,000 $ 255,000 $ 73,000
Rowan, Kentucky 1 $ 325,000 $ 325,000 $ 89,000
Warren, Kentucky 1 $ 265,000 $ 265,000 $ 55,000
Baltimore, Maryland 1 $ 465,000 $ 465,000 $ 350,000
Carroll, Maryland 1 $ 465,000 $ 465,000 $ 209,000
Montgomery, Maryland 1 $ 575,000 $ 575,000 $ 342,000
Alpena, Michigan 1 $ 125,000 $ 125,000 $ 145,000
Calhoun, Michigan 1 $ 255,000 $ 255,000 $ 104,000
Cheboygan, Michigan 1 $ 725,000 $ 725,000 $ 406,000
Clare, Michigan 1 $ 135,000 $ 135,000 $ 44,000
Clinton, Michigan 1 $ 295,000 $ 295,000 $ 123,000
Grand Traverse, Michigan 1 $ 125,000 $ 125,000 $ 102,000
Hillsdale, Michigan 1 $ 145,000 $ 145,000 $ 36,000
Missaukee, Michigan 1 $ 195,000 $ 195,000 $ 173,000
Roscommon, Michigan 1 $ 355,000 $ 355,000 $ 320,000
Van Buren, Michigan 1 $ 325,000 $ 325,000 $ 333,000
Queens, New York 1 $ 255,000 $ 255,000 $ 237,000
Buncombe, North Carolina 1 $ 495,000 $ 495,000 $ 185,000
Carteret, North Carolina 1 $ 345,000 $ 345,000 $ 97,000
Catawba, North Carolina 1 $ 505,000 $ 505,000 $ 187,000
Chowan, North Carolina 1 $ 515,000 $ 515,000 $ 374,000
Mecklenburg, North Carolina 1 $ 225,000 $ 225,000 $ 61,000
Surry, North Carolina 1 $ 155,000 $ 155,000 $ 38,000
Adams, Ohio 1 $ 395,000 $ 395,000 $ 251,000
Auglaize, Ohio 1 $ 515,000 $ 515,000 $ 160,000
Hardin, Ohio 1 $ 325,000 $ 325,000 $ 118,000
Hocking, Ohio 1 $ 105,000 $ 105,000 $ 91,000
Ross, Ohio 1 $ 325,000 $ 325,000 $ 116,000
Van Wert, Ohio 1 $ 195,000 $ 195,000 $ 45,000
Washington, Ohio 1 $ 265,000 $ 265,000 $ 73,000
Wyandot, Ohio 1 $ 345,000 $ 345,000 $ 207,000
Clarion, Pennsylvania 1 $ 415,000 $ 415,000 $ 144,000
Crawford, Pennsylvania 1 $ 55,000 $ 55,000 $ 122,000
Mercer, Pennsylvania 1 $ 355,000 $ 355,000 $ 74,000
Dorchester, South Carolina 1 $ 305,000 $ 305,000 $ 148,000
Lexington, South Carolina 1 $ 235,000 $ 235,000 $ 73,000
Spartanburg, South Carolina 1 $ 355,000 $ 355,000 $ 85,000
Campbell, Tennessee 1 $ 335,000 $ 335,000 $ 624,000
Rutherford, Tennessee 1 $ 465,000 $ 465,000 $ 84,000
Williamson, Tennessee 1 $ 265,000 $ 265,000 $ 80,000
Albemarle, Virginia 1 $ 235,000 $ 235,000 $ 54,000
Frederick, Virginia 1 $ 305,000 $ 305,000 $ 128,000
Henrico, Virginia 1 $ 395,000 $ 395,000 $ 170,000
Lancaster, Virginia 1 $ 495,000 $ 495,000 $ 120,000
Portsmouth, Virginia 1 $ 515,000 $ 515,000 $ 390,000
Monongalia, West Virginia 1 $ 495,000 $ 495,000 $ 390,000
Pleasants, West Virginia 1 $ 295,000 $ 295,000 $ 130,000
Wood, West Virginia 1 $ 415,000 $ 415,000 $ 107,000

Mortgage Loan Application Detail Totals for First Federal S&L of Lakewood in 2020

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 2,762 $712,090,000 $257,000 $1,605,000 $131,000 $1,844,000
Refinancing 2,289 $539,855,000 $235,000 $1,505,000 $146,000 $1,603,000
Cash-out Refinancing 854 $181,530,000 $212,000 $4,005,000 $135,000 $1,531,000
Other Purpose 117 $14,985,000 $128,000 $515,000 $165,000 $1,021,000
Home Improvement 5 $405,000 $81,000 $115,000 $107,000 $182,000
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
White 4,944 $1,174,630,000 $237,000 $1,605,000 $136,000 $1,844,000
Not Provided 554 $143,880,000 $259,000 $905,000 $162,000 $1,230,000
Asian 184 $45,770,000 $248,000 $795,000 $147,000 $700,000
Black or African American 131 $24,105,000 $184,000 $745,000 $117,000 $650,000
Hispanic 103 $20,415,000 $198,000 $755,000 $113,000 $531,000
Not applicable 33 $16,295,000 $493,000 $4,005,000 $0 $0
American Indian or Alaskan Native 9 $2,315,000 $257,000 $515,000 $117,000 $215,000
Native Hawaiian or Other Pacific Islander 1 $235,000 $235,000 $235,000 $48,000 $48,000

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) 5,853 $1,413,745,000 $241,000 $4,005,000 $140,000 $1,844,000
FHA-insured (Federal Housing Administration) 107 $17,965,000 $167,000 $355,000 $62,000 $133,000
VA-guaranteed (Veterans Administration) 61 $16,315,000 $267,000 $515,000 $87,000 $248,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 6 $840,000 $140,000 $185,000 $58,000 $73,000

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 4,427 $1,074,715,000 $242,000 $4,005,000 $138,000 $1,603,000
Application Withdrawn By Applicant 881 $208,965,000 $237,000 $1,005,000 $141,000 $1,844,000
Loan Purchased By The Institution 320 $77,450,000 $242,000 $695,000 $129,000 $624,000
Application Denied By Financial Institution 210 $42,560,000 $202,000 $755,000 $121,000 $1,531,000
File Closed For Incompleteness 148 $36,400,000 $245,000 $925,000 $151,000 $819,000
Application Approved But Not Accepted 41 $8,775,000 $214,000 $515,000 $130,000 $650,000
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 5,817 $1,406,305,000 $241,000 $4,005,000 $139,000 $1,844,000
Collateral 67 $15,725,000 $234,000 $735,000 $177,000 $1,531,000
Credit History 53 $9,775,000 $184,000 $755,000 $124,000 $1,230,000
Debt-To-Income Ratio 40 $7,120,000 $178,000 $635,000 $53,000 $162,000
Unverifiable Information 20 $4,420,000 $221,000 $645,000 $85,000 $550,000
Other 18 $3,210,000 $178,000 $405,000 $123,000 $422,000
Employment History 10 $1,630,000 $163,000 $375,000 $60,000 $285,000
Credit Application Incomplete 2 $680,000 $340,000 $455,000 $179,000 $249,000
Insufficient Cash (Downpayment, Closing Cost) 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 2020 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