First Federal S&L of Lakewood Mortgage Lending & HMDA Data, 2014
In 2014, First Federal S&L of Lakewood of Lakewood, OH reported 5,317 mortgage applications totaling $975.7 million, down 18% from 2013. The average application was for $183,502, and applicants reported an average income of $117,365. 76% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Cleveland-Elyria, OH (2,978), Columbus, OH (1,005) and Akron, OH (684) (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 | 5,317 |
| Total Mortgage Loan Application Amount | $975,685,000 |
| Average Mortgage Loan Application Amount | $183,502 |
| Highest Mortgage Loan Application Amount | $3,000,000 |
| Average Applicant Income | $117,365 |
| Highest Applicant Income | $5,545,000 |
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records First Federal S&L of Lakewood filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Cleveland-Elyria, OH | 2,978 | $ 484,335,000 | $ 162,637 | $ 109,000 |
| Columbus, OH | 1,005 | $ 271,985,000 | $ 270,631 | $ 150,000 |
| Akron, OH | 684 | $ 116,426,000 | $ 170,213 | $ 119,000 |
| Toledo, OH | 181 | $ 22,551,000 | $ 124,591 | $ 75,000 |
| Canton-Massillon, OH | 131 | $ 21,371,000 | $ 163,137 | $ 84,000 |
| Youngstown-Warren-Boardman, OH-PA | 39 | $ 4,308,000 | $ 110,461 | $ 103,000 |
| Monroe, MI | 18 | $ 2,642,000 | $ 146,777 | $ 69,000 |
| Cincinnati, OH-KY-IN | 7 | $ 1,131,000 | $ 161,571 | $ 92,000 |
| Dayton, OH | 5 | $ 1,314,000 | $ 262,800 | $ 255,000 |
| Naples-Immokalee-Marco Island, FL | 4 | $ 1,967,000 | $ 491,750 | $ 609,000 |
| Charlotte-Concord-Gastonia, NC-SC | 3 | $ 839,000 | $ 279,666 | $ 207,000 |
| Lima, OH | 3 | $ 421,000 | $ 140,333 | $ 105,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 3 | $ 513,000 | $ 171,000 | $ 116,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 3 | $ 1,424,000 | $ 474,666 | $ 332,000 |
| Charleston-North Charleston, SC | 2 | $ 425,000 | $ 212,500 | $ 149,000 |
| Dallas-Plano-Irving, TX | 2 | $ 817,000 | $ 408,500 | $ 181,000 |
| Lake County-Kenosha County, IL-WI | 2 | $ 525,000 | $ 262,500 | $ 224,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 2 | $ 159,000 | $ 79,500 | $ 82,500 |
| North Port-Sarasota-Bradenton, FL | 2 | $ 443,000 | $ 221,500 | $ 183,000 |
| Tampa-St. Petersburg-Clearwater, FL | 2 | $ 470,000 | $ 235,000 | $ 107,000 |
| Tuscaloosa, AL | 2 | $ 542,000 | $ 271,000 | $ 78,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 1 | $ 450,000 | $ 450,000 | $ 260,000 |
| Augusta-Richmond County, GA-SC | 1 | $ 117,000 | $ 117,000 | $ 64,000 |
| Austin-Round Rock, TX | 1 | $ 130,000 | $ 130,000 | $ 49,000 |
| Charleston, WV | 1 | $ 95,000 | $ 95,000 | $ 105,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 1 | $ 188,000 | $ 188,000 | $ 46,000 |
| Denver-Aurora-Lakewood, CO | 1 | $ 352,000 | $ 352,000 | $ 182,000 |
| Detroit-Dearborn-Livonia, MI | 1 | $ 255,000 | $ 255,000 | $ 72,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 1 | $ 139,000 | $ 139,000 | $ 416,000 |
| Fort Worth-Arlington, TX | 1 | $ 2,225,000 | $ 2,225,000 | $ 5,545,000 |
| Grand Rapids-Wyoming, MI | 1 | $ 80,000 | $ 80,000 | $ 76,000 |
| Greensboro-High Point, NC | 1 | $ 288,000 | $ 288,000 | $ 145,000 |
| Houston-The Woodlands-Sugar Land, TX | 1 | $ 893,000 | $ 893,000 | $ 461,000 |
| Indianapolis-Carmel-Anderson, IN | 1 | $ 149,000 | $ 149,000 | $ 55,000 |
| Killeen-Temple, TX | 1 | $ 358,000 | $ 358,000 | $ 162,000 |
| Kingsport-Bristol-Bristol, TN-VA | 1 | $ 200,000 | $ 200,000 | $ 70,000 |
| Montgomery County-Bucks County-Chester County, PA | 1 | $ 413,000 | $ 413,000 | $ 131,000 |
| Orlando-Kissimmee-Sanford, FL | 1 | $ 319,000 | $ 319,000 | $ 100,000 |
| Phoenix-Mesa-Scottsdale, AZ | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Pittsburgh, PA | 1 | $ 145,000 | $ 145,000 | $ 62,000 |
| Punta Gorda, FL | 1 | $ 142,000 | $ 142,000 | $ 71,000 |
| Raleigh, NC | 1 | $ 228,000 | $ 228,000 | $ 128,000 |
| Silver Spring-Frederick-Rockville, MD | 1 | $ 403,000 | $ 403,000 | $ 152,000 |
| Tucson, AZ | 1 | $ 187,000 | $ 187,000 | $ 50,000 |
| Warner Robins, GA | 1 | $ 60,000 | $ 60,000 | $ 119,000 |
| Warren-Troy-Farmington Hills, MI | 1 | $ 200,000 | $ 200,000 | $ 150,000 |
| Wheeling, WV-OH | 1 | $ 312,000 | $ 312,000 | $ 108,000 |
Mortgage Loan Application Detail Totals for First Federal S&L of Lakewood in 2014
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 | 4,021 | $779,466,000 | $193,000 | $3,000,000 | $114,000 | $3,179,000 |
| Refinancing | 1,154 | $188,684,000 | $163,000 | $2,300,000 | $130,000 | $5,545,000 |
| Home Improvement | 142 | $7,535,000 | $53,000 | $250,000 | $110,000 | $356,000 |
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 | 3,757 | $626,839,000 | $166,000 | $1,655,000 | $110,000 | $3,179,000 |
| Not Provided | 1,260 | $292,359,000 | $232,000 | $2,175,000 | $141,000 | $930,000 |
| Asian | 110 | $24,225,000 | $220,000 | $2,225,000 | $167,000 | $5,545,000 |
| Black or African American | 108 | $12,126,000 | $112,000 | $704,000 | $82,000 | $592,000 |
| Hispanic | 62 | $8,193,000 | $132,000 | $417,000 | $70,000 | $239,000 |
| Not applicable | 15 | $11,473,000 | $764,000 | $3,000,000 | $0 | $0 |
| American Indian or Alaskan Native | 4 | $401,000 | $100,000 | $142,000 | $64,000 | $113,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $69,000 | $69,000 | $69,000 | $32,000 | $32,000 |
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) | 4,645 | $890,626,000 | $191,000 | $3,000,000 | $126,000 | $5,545,000 |
| FHA-insured (Federal Housing Administration) | 509 | $59,589,000 | $117,000 | $403,000 | $57,000 | $250,000 |
| VA-guaranteed (Veterans Administration) | 115 | $19,882,000 | $172,000 | $415,000 | $76,000 | $333,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 48 | $5,588,000 | $116,000 | $220,000 | $42,000 | $88,000 |
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 | 4,015 | $733,649,000 | $182,000 | $2,300,000 | $115,000 | $3,179,000 |
| Application Withdrawn By Applicant | 356 | $57,356,000 | $161,000 | $680,000 | $106,000 | $2,000,000 |
| Application Denied By Financial Institution | 344 | $47,669,000 | $138,000 | $800,000 | $93,000 | $1,919,000 |
| Application Approved But Not Accepted | 304 | $61,402,000 | $201,000 | $1,140,000 | $126,000 | $710,000 |
| File Closed For Incompleteness | 297 | $72,609,000 | $244,000 | $2,225,000 | $180,000 | $5,545,000 |
| Loan Purchased By The Institution | 1 | $3,000,000 | $3,000,000 | $3,000,000 | $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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 118 | $18,709,000 | $158,000 | $680,000 | $71,000 | $302,000 |
| Collateral | 87 | $9,951,000 | $114,000 | $745,000 | $114,000 | $1,919,000 |
| Credit History | 73 | $9,194,000 | $125,000 | $325,000 | $93,000 | $484,000 |
| Other | 38 | $6,040,000 | $158,000 | $800,000 | $142,000 | $930,000 |
| Employment History | 15 | $1,632,000 | $108,000 | $278,000 | $40,000 | $91,000 |
| Unverifiable Information | 8 | $1,456,000 | $182,000 | $680,000 | $79,000 | $207,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $537,000 | $179,000 | $298,000 | $76,000 | $122,000 |
| Credit Application Incomplete | 2 | $150,000 | $75,000 | $77,000 | $75,000 | $76,000 |
| 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 2014 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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About