Founders Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Founders Federal Credit Union 2023 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 | 4,191 |
| Total Mortgage Loan Application Amount | $575,325,000 |
| Average Mortgage Loan Application Amount | $131,800 |
| Highest Mortgage Loan Application Amount | $2,085,000 |
| Average Applicant Income | $93,600 |
| Highest Applicant Income | $990,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 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 2023 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 2023.
| 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 | 940 | $ 124,230,000 | $ 132,000 | $ 104,000 |
| Spartanburg County South Carolina | 643 | $ 68,315,000 | $ 106,000 | $ 86,000 |
| Lancaster County South Carolina | 448 | $ 52,460,000 | $ 117,000 | $ 93,000 |
| Mecklenburg County North Carolina | 440 | $ 85,220,000 | $ 193,000 | $ 104,000 |
| Chester County South Carolina | 222 | $ 25,490,000 | $ 114,000 | $ 76,000 |
| Chesterfield County South Carolina | 156 | $ 15,440,000 | $ 98,000 | $ 73,000 |
| Laurens County South Carolina | 150 | $ 12,890,000 | $ 85,000 | $ 74,000 |
| Union County North Carolina | 147 | $ 28,245,000 | $ 192,000 | $ 122,000 |
| Richland County South Carolina | 130 | $ 16,540,000 | $ 127,000 | $ 118,000 |
| Union County South Carolina | 102 | $ 8,700,000 | $ 85,000 | $ 69,000 |
| Greenville County South Carolina | 96 | $ 11,730,000 | $ 122,000 | $ 103,000 |
| Cherokee County South Carolina | 92 | $ 9,810,000 | $ 106,000 | $ 78,000 |
| Gaston County North Carolina | 75 | $ 13,305,000 | $ 177,000 | $ 90,000 |
| Lexington County South Carolina | 54 | $ 7,340,000 | $ 135,000 | $ 126,000 |
| Fairfield County South Carolina | 45 | $ 4,245,000 | $ 94,000 | $ 72,000 |
| Cabarrus County North Carolina | 39 | $ 8,105,000 | $ 207,000 | $ 97,000 |
| Kershaw County South Carolina | 37 | $ 6,205,000 | $ 167,000 | $ 102,000 |
| Anderson County South Carolina | 31 | $ 5,705,000 | $ 184,000 | $ 116,000 |
| Horry County South Carolina | 29 | $ 7,635,000 | $ 263,000 | $ 161,000 |
| Pickens County South Carolina | 23 | $ 4,325,000 | $ 188,000 | $ 125,000 |
| Stanly County North Carolina | 21 | $ 4,235,000 | $ 201,000 | $ 85,000 |
| Marlboro County South Carolina | 20 | $ 1,790,000 | $ 89,000 | $ 71,000 |
| Rowan County North Carolina | 19 | $ 3,655,000 | $ 192,000 | $ 69,000 |
| Cleveland County North Carolina | 18 | $ 2,680,000 | $ 148,000 | $ 73,000 |
| Oconee County South Carolina | 16 | $ 4,390,000 | $ 274,000 | $ 148,000 |
| Iredell County North Carolina | 13 | $ 2,965,000 | $ 228,000 | $ 79,000 |
| Darlington County South Carolina | 13 | $ 1,325,000 | $ 101,000 | $ 82,000 |
| Lincoln County North Carolina | 12 | $ 2,680,000 | $ 223,000 | $ 100,000 |
| Charleston County South Carolina | 11 | $ 3,325,000 | $ 302,000 | $ 137,000 |
| Brunswick County North Carolina | 9 | $ 2,135,000 | $ 237,000 | $ 178,000 |
| Newberry County South Carolina | 9 | $ 1,165,000 | $ 129,000 | $ 96,000 |
| Anson County North Carolina | 7 | $ 955,000 | $ 136,000 | $ 81,000 |
| Catawba County North Carolina | 6 | $ 1,170,000 | $ 195,000 | $ 96,000 |
| Beaufort County South Carolina | 6 | $ 1,990,000 | $ 331,000 | $ 163,000 |
| Greenwood County South Carolina | 6 | $ 1,350,000 | $ 225,000 | $ 127,000 |
| Guilford County North Carolina | 5 | $ 1,065,000 | $ 213,000 | $ 171,000 |
| Richmond County North Carolina | 5 | $ 625,000 | $ 125,000 | $ 67,000 |
| Rutherford County North Carolina | 5 | $ 1,205,000 | $ 241,000 | $ 164,000 |
| Davidson County North Carolina | 4 | $ 980,000 | $ 245,000 | $ 85,000 |
| Forsyth County North Carolina | 4 | $ 680,000 | $ 170,000 | $ 79,000 |
| New Hanover County North Carolina | 4 | $ 730,000 | $ 182,000 | $ 88,000 |
| Rockingham County North Carolina | 4 | $ 790,000 | $ 197,000 | $ 107,000 |
| Wake County North Carolina | 4 | $ 480,000 | $ 120,000 | $ 135,000 |
| Dorchester County South Carolina | 4 | $ 580,000 | $ 145,000 | $ 116,000 |
| Florence County South Carolina | 4 | $ 850,000 | $ 212,000 | $ 86,000 |
| Orange County Florida | 3 | $ 1,805,000 | $ 601,000 | $ 152,000 |
| Cobb County Georgia | 3 | $ 1,345,000 | $ 448,000 | $ 275,000 |
| Fulton County Georgia | 3 | $ 1,025,000 | $ 341,000 | $ 278,000 |
| Polk County North Carolina | 3 | $ 205,000 | $ 68,000 | $ 56,000 |
| Berkeley County South Carolina | 3 | $ 705,000 | $ 235,000 | $ 80,000 |
| Palm Beach County Florida | 2 | $ 1,000,000 | $ 500,000 | $ 131,000 |
| Buncombe County North Carolina | 2 | $ 460,000 | $ 230,000 | $ 148,000 |
| Burke County North Carolina | 2 | $ 430,000 | $ 215,000 | $ 92,000 |
| Cumberland County North Carolina | 2 | $ 300,000 | $ 150,000 | $ 95,000 |
| Moore County North Carolina | 2 | $ 390,000 | $ 195,000 | $ 149,000 |
| Robeson County North Carolina | 2 | $ 370,000 | $ 185,000 | $ 63,000 |
| Clarendon County South Carolina | 2 | $ 240,000 | $ 120,000 | $ 139,000 |
| Georgetown County South Carolina | 2 | $ 580,000 | $ 290,000 | $ 269,000 |
| Saluda County South Carolina | 2 | $ 420,000 | $ 210,000 | $ 163,000 |
| Sumter County South Carolina | 2 | $ 290,000 | $ 145,000 | $ 58,000 |
| Johnson County Tennessee | 2 | $ 210,000 | $ 105,000 | $ 85,000 |
| Clay County Florida | 1 | $ 185,000 | $ 185,000 | $ 79,000 |
| Flagler County Florida | 1 | $ 255,000 | $ 255,000 | $ 187,000 |
| Hillsborough County Florida | 1 | $ 185,000 | $ 185,000 | $ 55,000 |
| Okaloosa County Florida | 1 | $ 305,000 | $ 305,000 | $ 535,000 |
| Volusia County Florida | 1 | $ 155,000 | $ 155,000 | $ 222,000 |
| Wapello County Iowa | 1 | $ 125,000 | $ 125,000 | $ 41,000 |
| Floyd County Kentucky | 1 | $ 25,000 | $ 25,000 | $ 91,000 |
| Letcher County Kentucky | 1 | $ 105,000 | $ 105,000 | $ 75,000 |
| Ashe County North Carolina | 1 | $ 385,000 | $ 385,000 | $ 111,000 |
| Avery County North Carolina | 1 | $ 65,000 | $ 65,000 | $ 93,000 |
| Caldwell County North Carolina | 1 | $ 145,000 | $ 145,000 | $ 64,000 |
| Hoke County North Carolina | 1 | $ 165,000 | $ 165,000 | $ 108,000 |
| Johnston County North Carolina | 1 | $ 325,000 | $ 325,000 | $ 197,000 |
| McDowell County North Carolina | 1 | $ 525,000 | $ 525,000 | $ 385,000 |
| Onslow County North Carolina | 1 | $ 525,000 | $ 525,000 | $ 306,000 |
| Watauga County North Carolina | 1 | $ 315,000 | $ 315,000 | $ 98,000 |
| Wayne County North Carolina | 1 | $ 305,000 | $ 305,000 | $ 127,000 |
| Wilkes County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 445,000 |
| Chester County Pennsylvania | 1 | $ 305,000 | $ 305,000 | $ 276,000 |
| Lawrence County Pennsylvania | 1 | $ 135,000 | $ 135,000 | $ 76,000 |
| Abbeville County South Carolina | 1 | $ 115,000 | $ 115,000 | $ 42,000 |
| Calhoun County South Carolina | 1 | $ 25,000 | $ 25,000 | $ 44,000 |
| Colleton County South Carolina | 1 | $ 165,000 | $ 165,000 | $ 69,000 |
| Lee County South Carolina | 1 | $ 245,000 | $ 245,000 | $ 150,000 |
| Orangeburg County South Carolina | 1 | $ 175,000 | $ 175,000 | $ 175,000 |
| James City County Virginia | 1 | $ 475,000 | $ 475,000 | $ 102,000 |
Mortgage Loan Application Detail Totals for Founders Federal Credit Union in 2023
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 | 1,435 | $337,935,000 | $235,000 | $2,085,000 | $103,000 | $825,000 |
| Other Purpose | 1,166 | $78,040,000 | $66,000 | $525,000 | $97,000 | $990,000 |
| Home Improvement | 813 | $57,215,000 | $70,000 | $425,000 | $92,000 | $535,000 |
| Cash-out Refinancing | 668 | $84,410,000 | $126,000 | $725,000 | $90,000 | $396,000 |
| Refinancing | 109 | $17,725,000 | $162,000 | $635,000 | $86,000 | $360,000 |
| 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 | 2,198 | $276,220,000 | $125,000 | $1,235,000 | $102,000 | $990,000 |
| Black or African American | 882 | $89,110,000 | $101,000 | $1,105,000 | $82,000 | $621,000 |
| Hispanic | 724 | $148,610,000 | $205,000 | $745,000 | $87,000 | $422,000 |
| Not Provided | 300 | $45,370,000 | $151,000 | $1,205,000 | $110,000 | $548,000 |
| Asian | 51 | $10,925,000 | $214,000 | $2,085,000 | $139,000 | $825,000 |
| American Indian or Alaskan Native | 31 | $4,375,000 | $141,000 | $475,000 | $119,000 | $461,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $310,000 | $155,000 | $255,000 | $94,000 | $122,000 |
| 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) | 4,191 | $575,325,000 | $137,000 | $2,085,000 | $97,000 | $990,000 |
| 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 | 2,417 | $344,515,000 | $142,000 | $1,235,000 | $102,000 | $990,000 |
| Application Denied By Financial Institution | 1,065 | $129,195,000 | $121,000 | $2,085,000 | $84,000 | $825,000 |
| Application Withdrawn By Applicant | 594 | $87,130,000 | $146,000 | $955,000 | $100,000 | $688,000 |
| Application Approved But Not Accepted | 115 | $14,485,000 | $125,000 | $525,000 | $90,000 | $737,000 |
| 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 | 3,126 | $446,130,000 | $142,000 | $1,235,000 | $101,000 | $990,000 |
| Debt-To-Income Ratio | 528 | $70,370,000 | $133,000 | $2,085,000 | $70,000 | $825,000 |
| Credit History | 206 | $23,870,000 | $115,000 | $725,000 | $102,000 | $416,000 |
| Credit Application Incomplete | 144 | $15,290,000 | $106,000 | $635,000 | $96,000 | $571,000 |
| Collateral | 100 | $9,400,000 | $94,000 | $315,000 | $89,000 | $376,000 |
| Other | 61 | $6,955,000 | $114,000 | $395,000 | $96,000 | $254,000 |
| Unverifiable Information | 12 | $880,000 | $73,000 | $165,000 | $71,000 | $185,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 9 | $1,665,000 | $185,000 | $415,000 | $87,000 | $202,000 |
| Employment History | 5 | $765,000 | $153,000 | $415,000 | $108,000 | $272,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Founders Federal Credit Union's 2023 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.