Greenwood Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2018
Greenwood Credit Union 2018 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 | Greenwood Credit Union 2669 Post Road Warwick, RI 02889 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 | 722 |
| Total Mortgage Loan Application Amount | $61,490,000 |
| Average Mortgage Loan Application Amount | $205,200 |
| Highest Mortgage Loan Application Amount | $2,255,000 |
| Average Applicant Income | $163,400 |
| Highest Applicant Income | $1,875,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2018 with Greenwood 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 Greenwood Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2018 breaks down Greenwood 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 Greenwood Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Greenwood 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 Greenwood Credit Union's mortgage activity for 2018.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Kent County Rhode Island | 257 | $ 22,535,000 | $ 87,000 | $ 95,000 |
| Providence County Rhode Island | 217 | $ 21,815,000 | $ 100,000 | $ 95,000 |
| Washington County Rhode Island | 47 | $ 4,315,000 | $ 91,000 | $ 156,000 |
| Bristol County Massachusetts | 12 | $ 1,040,000 | $ 86,000 | $ 95,000 |
| Hartford County Connecticut | 9 | $ 395,000 | $ 43,000 | $ 80,000 |
| Newport County Rhode Island | 9 | $ 845,000 | $ 93,000 | $ 123,000 |
| Rockingham County New Hampshire | 8 | $ 500,000 | $ 62,000 | $ 47,000 |
| New Haven County Connecticut | 7 | $ 405,000 | $ 57,000 | $ 81,000 |
| Ocean County New Jersey | 7 | $ 295,000 | $ 42,000 | $ 50,000 |
| Windham County Connecticut | 6 | $ 270,000 | $ 45,000 | $ 66,000 |
| Hampden County Massachusetts | 6 | $ 220,000 | $ 36,000 | $ 66,000 |
| Hillsborough County New Hampshire | 6 | $ 290,000 | $ 48,000 | $ 50,000 |
| Strafford County New Hampshire | 6 | $ 320,000 | $ 53,000 | $ 48,000 |
| York County Maine | 5 | $ 225,000 | $ 45,000 | $ 43,000 |
| Worcester County Massachusetts | 5 | $ 595,000 | $ 119,000 | $ 68,000 |
| Bristol County Rhode Island | 5 | $ 385,000 | $ 77,000 | $ 80,000 |
| Essex County Massachusetts | 4 | $ 480,000 | $ 120,000 | $ 132,000 |
| Washtenaw County Michigan | 4 | $ 100,000 | $ 25,000 | $ 49,000 |
| Atlantic County New Jersey | 4 | $ 160,000 | $ 40,000 | $ 53,000 |
| Fairfield County Connecticut | 3 | $ 185,000 | $ 61,000 | $ 97,000 |
| Middlesex County Connecticut | 3 | $ 295,000 | $ 98,000 | $ 77,000 |
| New London County Connecticut | 3 | $ 105,000 | $ 35,000 | $ 28,000 |
| Sussex County Delaware | 3 | $ 115,000 | $ 38,000 | $ 96,000 |
| Macomb County Michigan | 3 | $ 135,000 | $ 45,000 | $ 79,000 |
| Merrimack County New Hampshire | 3 | $ 175,000 | $ 58,000 | $ 53,000 |
| St. Johns County Florida | 2 | $ 280,000 | $ 140,000 | $ 100,000 |
| Middlesex County Massachusetts | 2 | $ 120,000 | $ 60,000 | $ 73,000 |
| Belknap County New Hampshire | 2 | $ 100,000 | $ 50,000 | $ 46,000 |
| Carroll County New Hampshire | 2 | $ 80,000 | $ 40,000 | $ 52,000 |
| Cheshire County New Hampshire | 2 | $ 60,000 | $ 30,000 | $ 45,000 |
| Sussex County New Jersey | 2 | $ 80,000 | $ 40,000 | $ 60,000 |
| Albany County New York | 2 | $ 130,000 | $ 65,000 | $ 87,000 |
| Dutchess County New York | 2 | $ 130,000 | $ 65,000 | $ 94,000 |
| Orange County New York | 2 | $ 90,000 | $ 45,000 | $ 94,000 |
| Saratoga County New York | 2 | $ 80,000 | $ 40,000 | $ 50,000 |
| Suffolk County New York | 2 | $ 120,000 | $ 60,000 | $ 71,000 |
| Martin County Florida | 1 | $ 155,000 | $ 155,000 | $ 63,000 |
| Pinellas County Florida | 1 | $ 85,000 | $ 85,000 | $ 35,000 |
| Volusia County Florida | 1 | $ 75,000 | $ 75,000 | $ 48,000 |
| Prince George's County Maryland | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Hampshire County Massachusetts | 1 | $ 65,000 | $ 65,000 | $ 31,000 |
| Norfolk County Massachusetts | 1 | $ 115,000 | $ 115,000 | $ 52,000 |
| Plymouth County Massachusetts | 1 | $ 55,000 | $ 55,000 | $ 180,000 |
| Suffolk County Massachusetts | 1 | $ 55,000 | $ 55,000 | $ 105,000 |
| Allegan County Michigan | 1 | $ 155,000 | $ 155,000 | $ 109,000 |
| Clinton County Michigan | 1 | $ 45,000 | $ 45,000 | $ 96,000 |
| Kalamazoo County Michigan | 1 | $ 75,000 | $ 75,000 | $ 54,000 |
| Livingston County Michigan | 1 | $ 35,000 | $ 35,000 | $ 119,000 |
| Monroe County Michigan | 1 | $ 35,000 | $ 35,000 | $ 35,000 |
| Shiawassee County Michigan | 1 | $ 25,000 | $ 25,000 | $ 32,000 |
| Wayne County Michigan | 1 | $ 45,000 | $ 45,000 | $ 62,000 |
| Coos County New Hampshire | 1 | $ 25,000 | $ 25,000 | $ 19,000 |
| Grafton County New Hampshire | 1 | $ 45,000 | $ 45,000 | $ 93,000 |
| Gloucester County New Jersey | 1 | $ 55,000 | $ 55,000 | $ 62,000 |
| Somerset County New Jersey | 1 | $ 145,000 | $ 145,000 | $ 112,000 |
| Greene County New York | 1 | $ 25,000 | $ 25,000 | $ 55,000 |
| Oneida County New York | 1 | $ 25,000 | $ 25,000 | $ 27,000 |
| Schoharie County New York | 1 | $ 55,000 | $ 55,000 | $ 35,000 |
| Pender County North Carolina | 1 | $ 35,000 | $ 35,000 | $ 45,000 |
| Allegheny County Pennsylvania | 1 | $ 55,000 | $ 55,000 | $ 33,000 |
| Bucks County Pennsylvania | 1 | $ 165,000 | $ 165,000 | $ 135,000 |
| Montgomery County Pennsylvania | 1 | $ 265,000 | $ 265,000 | $ 196,000 |
| Aiken County South Carolina | 1 | $ 25,000 | $ 25,000 | $ 70,000 |
| Dorchester County South Carolina | 1 | $ 75,000 | $ 75,000 | $ 56,000 |
| Horry County South Carolina | 1 | $ 65,000 | $ 65,000 | $ 42,000 |
Mortgage Loan Application Detail Totals for Greenwood Credit Union 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 |
|---|---|---|---|---|---|---|
| Cash-out Refinancing | 316 | $25,690,000 | $81,000 | $455,000 | $97,000 | $499,000 |
| Home Improvement | 185 | $9,605,000 | $51,000 | $225,000 | $99,000 | $376,000 |
| Home Purchase | 172 | $15,330,000 | $89,000 | $395,000 | $67,000 | $331,000 |
| Refinancing | 41 | $5,495,000 | $134,000 | $965,000 | $88,000 | $712,000 |
| Not Applicable | 8 | $5,370,000 | $671,000 | $2,255,000 | $466,000 | $1,875,000 |
| Other Purpose | 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 | 635 | $50,185,000 | $79,000 | $725,000 | $90,000 | $499,000 |
| Hispanic | 29 | $1,795,000 | $61,000 | $265,000 | $65,000 | $119,000 |
| Not Provided | 19 | $1,285,000 | $67,000 | $225,000 | $77,000 | $195,000 |
| Black or African American | 17 | $1,065,000 | $62,000 | $175,000 | $94,000 | $201,000 |
| Not applicable | 14 | $6,820,000 | $487,000 | $2,255,000 | $327,000 | $1,875,000 |
| American Indian or Alaskan Native | 4 | $160,000 | $40,000 | $55,000 | $69,000 | $85,000 |
| Asian | 4 | $180,000 | $45,000 | $95,000 | $57,000 | $94,000 |
| Native Hawaiian or Other Pacific Islander | 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) | 721 | $61,335,000 | $85,000 | $2,255,000 | $93,000 | $1,875,000 |
| FHA-insured (Federal Housing Administration) | 1 | $155,000 | $155,000 | $155,000 | $101,000 | $101,000 |
| 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 | 407 | $39,515,000 | $97,000 | $2,255,000 | $109,000 | $1,875,000 |
| Application Approved But Not Accepted | 181 | $12,955,000 | $71,000 | $405,000 | $78,000 | $306,000 |
| Application Denied By Financial Institution | 82 | $4,980,000 | $60,000 | $225,000 | $61,000 | $215,000 |
| Application Withdrawn By Applicant | 52 | $4,040,000 | $77,000 | $455,000 | $61,000 | $196,000 |
| 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 | 640 | $56,510,000 | $88,000 | $2,255,000 | $97,000 | $1,875,000 |
| Debt-To-Income Ratio | 50 | $3,220,000 | $64,000 | $225,000 | $56,000 | $190,000 |
| Credit History | 16 | $760,000 | $47,000 | $155,000 | $82,000 | $215,000 |
| Collateral | 10 | $640,000 | $64,000 | $175,000 | $67,000 | $201,000 |
| Other | 4 | $310,000 | $77,000 | $195,000 | $67,000 | $100,000 |
| Employment History | 2 | $50,000 | $25,000 | $25,000 | $11,000 | $22,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Greenwood Credit Union'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 Greenwood 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 Rhode Island, download the full spreadsheet
with aggregated HMDA statistics today.