Founders Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2022
Founders 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 | Founders Federal Credit Union 737 Plantation Road Lancaster, SC 29720 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 | 6,048 |
| Total Mortgage Loan Application Amount | $949,960,000 |
| Average Mortgage Loan Application Amount | $137,200 |
| Highest Mortgage Loan Application Amount | $3,625,000 |
| Average Applicant Income | $93,800 |
| Highest Applicant Income | $2,454,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2022 with Founders 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 Founders 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 Founders 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 Founders Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Founders 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 Founders 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 |
|---|---|---|---|---|
| York County South Carolina | 1,457 | $ 232,115,000 | $ 159,000 | $ 105,000 |
| Spartanburg County South Carolina | 986 | $ 135,110,000 | $ 137,000 | $ 85,000 |
| Lancaster County South Carolina | 758 | $ 109,350,000 | $ 144,000 | $ 90,000 |
| Mecklenburg County North Carolina | 658 | $ 126,850,000 | $ 192,000 | $ 91,000 |
| Chester County South Carolina | 253 | $ 29,335,000 | $ 115,000 | $ 75,000 |
| Union County North Carolina | 227 | $ 49,255,000 | $ 216,000 | $ 108,000 |
| Laurens County South Carolina | 218 | $ 21,880,000 | $ 100,000 | $ 64,000 |
| Chesterfield County South Carolina | 174 | $ 18,160,000 | $ 104,000 | $ 72,000 |
| Greenville County South Carolina | 147 | $ 25,495,000 | $ 173,000 | $ 109,000 |
| Richland County South Carolina | 133 | $ 23,145,000 | $ 174,000 | $ 107,000 |
| Union County South Carolina | 124 | $ 12,880,000 | $ 103,000 | $ 65,000 |
| Cherokee County South Carolina | 117 | $ 12,415,000 | $ 106,000 | $ 68,000 |
| Gaston County North Carolina | 87 | $ 15,545,000 | $ 178,000 | $ 92,000 |
| Lexington County South Carolina | 53 | $ 8,885,000 | $ 167,000 | $ 99,000 |
| Kershaw County South Carolina | 48 | $ 10,550,000 | $ 219,000 | $ 119,000 |
| Cabarrus County North Carolina | 47 | $ 9,585,000 | $ 203,000 | $ 79,000 |
| Pickens County South Carolina | 42 | $ 7,650,000 | $ 182,000 | $ 140,000 |
| Horry County South Carolina | 40 | $ 7,280,000 | $ 182,000 | $ 136,000 |
| Anderson County South Carolina | 36 | $ 7,830,000 | $ 217,000 | $ 107,000 |
| Fairfield County South Carolina | 27 | $ 3,055,000 | $ 113,000 | $ 78,000 |
| Marlboro County South Carolina | 26 | $ 2,280,000 | $ 87,000 | $ 63,000 |
| Rowan County North Carolina | 25 | $ 5,075,000 | $ 203,000 | $ 74,000 |
| Oconee County South Carolina | 24 | $ 3,670,000 | $ 152,000 | $ 133,000 |
| Iredell County North Carolina | 18 | $ 3,760,000 | $ 208,000 | $ 81,000 |
| Stanly County North Carolina | 18 | $ 3,850,000 | $ 213,000 | $ 122,000 |
| Greenwood County South Carolina | 18 | $ 3,980,000 | $ 221,000 | $ 110,000 |
| Cleveland County North Carolina | 17 | $ 3,475,000 | $ 204,000 | $ 75,000 |
| Newberry County South Carolina | 17 | $ 1,505,000 | $ 88,000 | $ 65,000 |
| Charleston County South Carolina | 16 | $ 9,650,000 | $ 603,000 | $ 237,000 |
| Darlington County South Carolina | 14 | $ 1,590,000 | $ 113,000 | $ 71,000 |
| Anson County North Carolina | 13 | $ 1,475,000 | $ 113,000 | $ 58,000 |
| Catawba County North Carolina | 13 | $ 1,845,000 | $ 141,000 | $ 69,000 |
| Lincoln County North Carolina | 12 | $ 2,490,000 | $ 207,000 | $ 84,000 |
| Florence County South Carolina | 11 | $ 875,000 | $ 79,000 | $ 120,000 |
| Brunswick County North Carolina | 10 | $ 1,690,000 | $ 169,000 | $ 171,000 |
| Rutherford County North Carolina | 10 | $ 1,420,000 | $ 142,000 | $ 92,000 |
| Beaufort County South Carolina | 9 | $ 2,245,000 | $ 249,000 | $ 122,000 |
| Wake County North Carolina | 8 | $ 1,390,000 | $ 173,000 | $ 142,000 |
| Georgetown County South Carolina | 7 | $ 1,015,000 | $ 145,000 | $ 137,000 |
| Richmond County North Carolina | 5 | $ 585,000 | $ 117,000 | $ 56,000 |
| Guilford County North Carolina | 4 | $ 1,570,000 | $ 392,000 | $ 279,000 |
| New Hanover County North Carolina | 4 | $ 960,000 | $ 240,000 | $ 83,000 |
| Abbeville County South Carolina | 4 | $ 410,000 | $ 102,000 | $ 64,000 |
| Aiken County South Carolina | 4 | $ 950,000 | $ 237,000 | $ 92,000 |
| Berkeley County South Carolina | 4 | $ 1,750,000 | $ 437,000 | $ 168,000 |
| Saluda County South Carolina | 4 | $ 1,500,000 | $ 375,000 | $ 100,000 |
| Sumter County South Carolina | 4 | $ 580,000 | $ 145,000 | $ 76,000 |
| Johnston County North Carolina | 3 | $ 595,000 | $ 198,000 | $ 99,000 |
| Wilkes County North Carolina | 3 | $ 785,000 | $ 261,000 | $ 185,000 |
| Lee County South Carolina | 3 | $ 325,000 | $ 108,000 | $ 65,000 |
| Citrus County Florida | 2 | $ 290,000 | $ 145,000 | $ 214,000 |
| Palm Beach County Florida | 2 | $ 380,000 | $ 190,000 | $ 89,000 |
| Cook County Illinois | 2 | $ 200,000 | $ 100,000 | $ 164,000 |
| Alamance County North Carolina | 2 | $ 450,000 | $ 225,000 | $ 119,000 |
| Avery County North Carolina | 2 | $ 270,000 | $ 135,000 | $ 93,000 |
| Cumberland County North Carolina | 2 | $ 410,000 | $ 205,000 | $ 82,000 |
| Harnett County North Carolina | 2 | $ 310,000 | $ 155,000 | $ 135,000 |
| Henderson County North Carolina | 2 | $ 560,000 | $ 280,000 | $ 125,000 |
| Jackson County North Carolina | 2 | $ 240,000 | $ 120,000 | $ 191,000 |
| Nash County North Carolina | 2 | $ 110,000 | $ 55,000 | $ 55,000 |
| Surry County North Carolina | 2 | $ 520,000 | $ 260,000 | $ 219,000 |
| Transylvania County North Carolina | 2 | $ 650,000 | $ 325,000 | $ 138,000 |
| Watauga County North Carolina | 2 | $ 740,000 | $ 370,000 | $ 331,000 |
| Barnwell County South Carolina | 2 | $ 350,000 | $ 175,000 | $ 83,000 |
| Jasper County South Carolina | 2 | $ 490,000 | $ 245,000 | $ 74,000 |
| Orangeburg County South Carolina | 2 | $ 320,000 | $ 160,000 | $ 814,000 |
| Jefferson County Alabama | 1 | $ 145,000 | $ 145,000 | $ 29,000 |
| Shelby County Alabama | 1 | $ 545,000 | $ 545,000 | $ 182,000 |
| Tuscaloosa County Alabama | 1 | $ 745,000 | $ 745,000 | $ 800,000 |
| Los Angeles County California | 1 | $ 415,000 | $ 415,000 | $ 72,000 |
| Sacramento County California | 1 | $ 205,000 | $ 205,000 | $ 68,000 |
| Yuba County California | 1 | $ 275,000 | $ 275,000 | $ 80,000 |
| Larimer County Colorado | 1 | $ 325,000 | $ 325,000 | $ 75,000 |
| Kent County Delaware | 1 | $ 255,000 | $ 255,000 | $ 126,000 |
| Collier County Florida | 1 | $ 175,000 | $ 175,000 | $ 140,000 |
| Miami-Dade County Florida | 1 | $ 475,000 | $ 475,000 | $ 67,000 |
| Okaloosa County Florida | 1 | $ 635,000 | $ 635,000 | $ 515,000 |
| Seminole County Florida | 1 | $ 305,000 | $ 305,000 | $ 68,000 |
| St. Lucie County Florida | 1 | $ 115,000 | $ 115,000 | $ 134,000 |
| Catoosa County Georgia | 1 | $ 135,000 | $ 135,000 | $ 43,000 |
| Cobb County Georgia | 1 | $ 245,000 | $ 245,000 | $ 65,000 |
| Columbia County Georgia | 1 | $ 405,000 | $ 405,000 | $ 24,000 |
| Floyd County Georgia | 1 | $ 435,000 | $ 435,000 | $ 200,000 |
| Fulton County Georgia | 1 | $ 235,000 | $ 235,000 | $ 125,000 |
| Hart County Georgia | 1 | $ 255,000 | $ 255,000 | $ 247,000 |
| Henry County Georgia | 1 | $ 445,000 | $ 445,000 | $ 222,000 |
| Monroe County Georgia | 1 | $ 545,000 | $ 545,000 | $ 198,000 |
| Richmond County Georgia | 1 | $ 135,000 | $ 135,000 | $ 0 |
| Stephens County Georgia | 1 | $ 95,000 | $ 95,000 | $ 40,000 |
| DuPage County Illinois | 1 | $ 255,000 | $ 255,000 | $ 67,000 |
| Jefferson County Kentucky | 1 | $ 95,000 | $ 95,000 | $ 107,000 |
| Tangipahoa County Louisiana | 1 | $ 245,000 | $ 245,000 | $ 286,000 |
| Prince George's County Maryland | 1 | $ 205,000 | $ 205,000 | $ 70,000 |
| Suffolk County Massachusetts | 1 | $ 265,000 | $ 265,000 | $ 85,000 |
| Hinds County Mississippi | 1 | $ 195,000 | $ 195,000 | $ 600,000 |
| Suffolk County New York | 1 | $ 255,000 | $ 255,000 | $ 86,000 |
| Alexander County North Carolina | 1 | $ 245,000 | $ 245,000 | $ 51,000 |
| Alleghany County North Carolina | 1 | $ 145,000 | $ 145,000 | $ 100,000 |
| Ashe County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 106,000 |
| Buncombe County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 25,000 |
| Columbus County North Carolina | 1 | $ 65,000 | $ 65,000 | $ 34,000 |
| Durham County North Carolina | 1 | $ 165,000 | $ 165,000 | $ 140,000 |
| Forsyth County North Carolina | 1 | $ 65,000 | $ 65,000 | $ 85,000 |
| Hoke County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 88,000 |
| Mitchell County North Carolina | 1 | $ 285,000 | $ 285,000 | $ 194,000 |
| Moore County North Carolina | 1 | $ 255,000 | $ 255,000 | $ 129,000 |
| Polk County North Carolina | 1 | $ 15,000 | $ 15,000 | $ 34,000 |
| Randolph County North Carolina | 1 | $ 345,000 | $ 345,000 | $ 124,000 |
| Robeson County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 69,000 |
| Marion County Oregon | 1 | $ 135,000 | $ 135,000 | $ 0 |
| Colleton County South Carolina | 1 | $ 55,000 | $ 55,000 | $ 24,000 |
| Dorchester County South Carolina | 1 | $ 345,000 | $ 345,000 | $ 192,000 |
| Edgefield County South Carolina | 1 | $ 55,000 | $ 55,000 | $ 19,000 |
| McCormick County South Carolina | 1 | $ 95,000 | $ 95,000 | $ 82,000 |
| Williamsburg County South Carolina | 1 | $ 45,000 | $ 45,000 | $ 103,000 |
| Maury County Tennessee | 1 | $ 565,000 | $ 565,000 | $ 138,000 |
| McMinn County Tennessee | 1 | $ 135,000 | $ 135,000 | $ 142,000 |
| Fort Bend County Texas | 1 | $ 455,000 | $ 455,000 | $ 405,000 |
| Liberty County Texas | 1 | $ 65,000 | $ 65,000 | $ 66,000 |
| Salt Lake County Utah | 1 | $ 365,000 | $ 365,000 | $ 140,000 |
| Prince Edward County Virginia | 1 | $ 225,000 | $ 225,000 | $ 55,000 |
| Dane County Wisconsin | 1 | $ 485,000 | $ 485,000 | $ 120,000 |
Mortgage Loan Application Detail Totals for Founders 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 |
|---|---|---|---|---|---|---|
| Cash-out Refinancing | 2,133 | $326,665,000 | $153,000 | $945,000 | $90,000 | $2,040,000 |
| Home Purchase | 1,867 | $436,095,000 | $233,000 | $3,625,000 | $96,000 | $1,557,000 |
| Other Purpose | 1,002 | $67,930,000 | $67,000 | $435,000 | $101,000 | $2,454,000 |
| Home Improvement | 555 | $38,195,000 | $68,000 | $315,000 | $92,000 | $434,000 |
| Refinancing | 491 | $81,075,000 | $165,000 | $605,000 | $90,000 | $674,000 |
| 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 | 3,302 | $499,970,000 | $151,000 | $3,625,000 | $101,000 | $2,040,000 |
| Black or African American | 1,126 | $141,410,000 | $125,000 | $745,000 | $76,000 | $1,204,000 |
| Hispanic | 985 | $198,575,000 | $201,000 | $645,000 | $79,000 | $641,000 |
| Not Provided | 501 | $83,125,000 | $165,000 | $755,000 | $108,000 | $2,454,000 |
| Asian | 62 | $13,630,000 | $219,000 | $1,095,000 | $118,000 | $432,000 |
| American Indian or Alaskan Native | 43 | $6,095,000 | $141,000 | $385,000 | $118,000 | $674,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $55,000 | $55,000 | $55,000 | $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) | 6,048 | $949,960,000 | $157,000 | $3,625,000 | $94,000 | $2,454,000 |
| 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 | 3,917 | $630,835,000 | $161,000 | $3,625,000 | $99,000 | $2,454,000 |
| Application Denied By Financial Institution | 1,224 | $180,580,000 | $147,000 | $1,095,000 | $78,000 | $1,557,000 |
| Application Withdrawn By Applicant | 766 | $122,890,000 | $160,000 | $665,000 | $95,000 | $612,000 |
| Application Approved But Not Accepted | 141 | $15,655,000 | $111,000 | $1,085,000 | $82,000 | $753,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 4,824 | $769,380,000 | $159,000 | $3,625,000 | $98,000 | $2,454,000 |
| Debt-To-Income Ratio | 588 | $91,720,000 | $155,000 | $835,000 | $58,000 | $305,000 |
| Credit History | 202 | $29,860,000 | $147,000 | $1,095,000 | $93,000 | $1,204,000 |
| Collateral | 184 | $25,470,000 | $138,000 | $565,000 | $99,000 | $1,557,000 |
| Credit Application Incomplete | 126 | $15,150,000 | $120,000 | $405,000 | $81,000 | $260,000 |
| Other | 80 | $11,560,000 | $144,000 | $545,000 | $127,000 | $674,000 |
| Unverifiable Information | 27 | $3,525,000 | $130,000 | $405,000 | $109,000 | $502,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 10 | $1,890,000 | $189,000 | $445,000 | $79,000 | $119,000 |
| Employment History | 7 | $1,405,000 | $200,000 | $305,000 | $79,000 | $107,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Founders 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 Founders 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 South Carolina, download the full spreadsheet
with aggregated HMDA statistics today.