Greenwood Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Greenwood Credit Union 2020 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 | 1,047 |
| Total Mortgage Loan Application Amount | $154,175,000 |
| Average Mortgage Loan Application Amount | $120,200 |
| Highest Mortgage Loan Application Amount | $1,345,000 |
| Average Applicant Income | $128,800 |
| Highest Applicant Income | $2,491,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 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 2020 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 2020.
| 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 | 295 | $ 42,925,000 | $ 145,000 | $ 105,000 |
| Providence County Rhode Island | 249 | $ 41,825,000 | $ 167,000 | $ 125,000 |
| Washington County Rhode Island | 74 | $ 17,030,000 | $ 230,000 | $ 273,000 |
| Bristol County Massachusetts | 24 | $ 6,320,000 | $ 263,000 | $ 166,000 |
| Newport County Rhode Island | 20 | $ 5,720,000 | $ 286,000 | $ 251,000 |
| Horry County South Carolina | 19 | $ 1,595,000 | $ 83,000 | $ 75,000 |
| Plymouth County Massachusetts | 15 | $ 1,595,000 | $ 106,000 | $ 63,000 |
| Worcester County Massachusetts | 14 | $ 3,390,000 | $ 242,000 | $ 132,000 |
| Hartford County Connecticut | 13 | $ 825,000 | $ 63,000 | $ 66,000 |
| Bristol County Rhode Island | 13 | $ 2,935,000 | $ 225,000 | $ 226,000 |
| Hillsborough County New Hampshire | 12 | $ 940,000 | $ 78,000 | $ 57,000 |
| Atlantic County New Jersey | 12 | $ 1,140,000 | $ 95,000 | $ 93,000 |
| New London County Connecticut | 11 | $ 1,245,000 | $ 113,000 | $ 132,000 |
| Windham County Connecticut | 11 | $ 1,445,000 | $ 131,000 | $ 69,000 |
| Ocean County New Jersey | 11 | $ 725,000 | $ 65,000 | $ 65,000 |
| Macomb County Michigan | 10 | $ 490,000 | $ 49,000 | $ 59,000 |
| Berks County Pennsylvania | 10 | $ 1,100,000 | $ 110,000 | $ 88,000 |
| Sussex County Delaware | 9 | $ 1,395,000 | $ 155,000 | $ 152,000 |
| Rockingham County New Hampshire | 9 | $ 625,000 | $ 69,000 | $ 62,000 |
| New Haven County Connecticut | 8 | $ 550,000 | $ 68,000 | $ 70,000 |
| Broward County Florida | 7 | $ 415,000 | $ 59,000 | $ 64,000 |
| Hampden County Massachusetts | 7 | $ 665,000 | $ 95,000 | $ 79,000 |
| Monmouth County New Jersey | 7 | $ 515,000 | $ 73,000 | $ 159,000 |
| Suffolk County New York | 7 | $ 765,000 | $ 109,000 | $ 67,000 |
| Norfolk County Massachusetts | 6 | $ 610,000 | $ 101,000 | $ 158,000 |
| Dutchess County New York | 6 | $ 480,000 | $ 80,000 | $ 78,000 |
| Barnstable County Massachusetts | 5 | $ 2,695,000 | $ 539,000 | $ 240,000 |
| Saratoga County New York | 5 | $ 135,000 | $ 27,000 | $ 45,000 |
| Montgomery County Pennsylvania | 5 | $ 605,000 | $ 121,000 | $ 71,000 |
| Middlesex County Connecticut | 4 | $ 260,000 | $ 65,000 | $ 83,000 |
| York County Maine | 4 | $ 370,000 | $ 92,000 | $ 91,000 |
| Tolland County Connecticut | 3 | $ 445,000 | $ 148,000 | $ 139,000 |
| Hillsborough County Florida | 3 | $ 225,000 | $ 75,000 | $ 71,000 |
| Lee County Florida | 3 | $ 385,000 | $ 128,000 | $ 55,000 |
| Seminole County Florida | 3 | $ 205,000 | $ 68,000 | $ 92,000 |
| Hancock County Maine | 3 | $ 315,000 | $ 105,000 | $ 76,000 |
| Berkshire County Massachusetts | 3 | $ 75,000 | $ 25,000 | $ 73,000 |
| Hampshire County Massachusetts | 3 | $ 205,000 | $ 68,000 | $ 61,000 |
| Livingston County Michigan | 3 | $ 155,000 | $ 51,000 | $ 90,000 |
| Wayne County Michigan | 3 | $ 155,000 | $ 51,000 | $ 47,000 |
| Merrimack County New Hampshire | 3 | $ 155,000 | $ 51,000 | $ 43,000 |
| Oneida County New York | 3 | $ 235,000 | $ 78,000 | $ 49,000 |
| Maricopa County Arizona | 2 | $ 70,000 | $ 35,000 | $ 28,000 |
| Kent County Delaware | 2 | $ 190,000 | $ 95,000 | $ 56,000 |
| Citrus County Florida | 2 | $ 180,000 | $ 90,000 | $ 60,000 |
| Collier County Florida | 2 | $ 760,000 | $ 380,000 | $ 464,000 |
| Hernando County Florida | 2 | $ 370,000 | $ 185,000 | $ 72,000 |
| Indian River County Florida | 2 | $ 100,000 | $ 50,000 | $ 74,000 |
| Manatee County Florida | 2 | $ 80,000 | $ 40,000 | $ 90,000 |
| Orange County Florida | 2 | $ 220,000 | $ 110,000 | $ 98,000 |
| Pasco County Florida | 2 | $ 130,000 | $ 65,000 | $ 53,000 |
| Polk County Florida | 2 | $ 80,000 | $ 40,000 | $ 36,000 |
| Middlesex County Massachusetts | 2 | $ 450,000 | $ 225,000 | $ 251,000 |
| Suffolk County Massachusetts | 2 | $ 630,000 | $ 315,000 | $ 117,000 |
| Lapeer County Michigan | 2 | $ 130,000 | $ 65,000 | $ 67,000 |
| Oakland County Michigan | 2 | $ 120,000 | $ 60,000 | $ 51,000 |
| Ottawa County Michigan | 2 | $ 110,000 | $ 55,000 | $ 60,000 |
| Washtenaw County Michigan | 2 | $ 60,000 | $ 30,000 | $ 93,000 |
| Cheshire County New Hampshire | 2 | $ 70,000 | $ 35,000 | $ 33,000 |
| Strafford County New Hampshire | 2 | $ 70,000 | $ 35,000 | $ 65,000 |
| Burlington County New Jersey | 2 | $ 80,000 | $ 40,000 | $ 67,000 |
| Cape May County New Jersey | 2 | $ 260,000 | $ 130,000 | $ 96,000 |
| Cumberland County New Jersey | 2 | $ 110,000 | $ 55,000 | $ 60,000 |
| Ontario County New York | 2 | $ 110,000 | $ 55,000 | $ 42,000 |
| Rockland County New York | 2 | $ 160,000 | $ 80,000 | $ 88,000 |
| Ulster County New York | 2 | $ 140,000 | $ 70,000 | $ 40,000 |
| Bucks County Pennsylvania | 2 | $ 160,000 | $ 80,000 | $ 37,000 |
| Chester County Pennsylvania | 2 | $ 210,000 | $ 105,000 | $ 70,000 |
| Lancaster County Pennsylvania | 2 | $ 110,000 | $ 55,000 | $ 58,000 |
| York County Pennsylvania | 2 | $ 150,000 | $ 75,000 | $ 89,000 |
| Pima County Arizona | 1 | $ 75,000 | $ 75,000 | $ 37,000 |
| Fairfield County Connecticut | 1 | $ 155,000 | $ 155,000 | $ 121,000 |
| Litchfield County Connecticut | 1 | $ 65,000 | $ 65,000 | $ 39,000 |
| New Castle County Delaware | 1 | $ 55,000 | $ 55,000 | $ 46,000 |
| Lake County Florida | 1 | $ 65,000 | $ 65,000 | $ 38,000 |
| Martin County Florida | 1 | $ 195,000 | $ 195,000 | $ 63,000 |
| Miami-Dade County Florida | 1 | $ 665,000 | $ 665,000 | $ 122,000 |
| Palm Beach County Florida | 1 | $ 175,000 | $ 175,000 | $ 59,000 |
| Pinellas County Florida | 1 | $ 35,000 | $ 35,000 | $ 122,000 |
| Columbia County Georgia | 1 | $ 35,000 | $ 35,000 | $ 42,000 |
| Essex County Massachusetts | 1 | $ 75,000 | $ 75,000 | $ 35,000 |
| Franklin County Massachusetts | 1 | $ 75,000 | $ 75,000 | $ 82,000 |
| Berrien County Michigan | 1 | $ 75,000 | $ 75,000 | $ 57,000 |
| Manistee County Michigan | 1 | $ 55,000 | $ 55,000 | $ 58,000 |
| Wexford County Michigan | 1 | $ 25,000 | $ 25,000 | $ 34,000 |
| Carroll County New Hampshire | 1 | $ 65,000 | $ 65,000 | $ 46,000 |
| Camden County New Jersey | 1 | $ 25,000 | $ 25,000 | $ 104,000 |
| Gloucester County New Jersey | 1 | $ 65,000 | $ 65,000 | $ 90,000 |
| Mercer County New Jersey | 1 | $ 55,000 | $ 55,000 | $ 57,000 |
| Middlesex County New Jersey | 1 | $ 45,000 | $ 45,000 | $ 72,000 |
| Sussex County New Jersey | 1 | $ 65,000 | $ 65,000 | $ 74,000 |
| Warren County New Jersey | 1 | $ 105,000 | $ 105,000 | $ 113,000 |
| Columbia County New York | 1 | $ 85,000 | $ 85,000 | $ 90,000 |
| Erie County New York | 1 | $ 75,000 | $ 75,000 | $ 72,000 |
| Genesee County New York | 1 | $ 55,000 | $ 55,000 | $ 17,000 |
| Greene County New York | 1 | $ 95,000 | $ 95,000 | $ 51,000 |
| Orange County New York | 1 | $ 65,000 | $ 65,000 | $ 77,000 |
| Rensselaer County New York | 1 | $ 35,000 | $ 35,000 | $ 57,000 |
| Yates County New York | 1 | $ 65,000 | $ 65,000 | $ 141,000 |
| Adams County Pennsylvania | 1 | $ 45,000 | $ 45,000 | $ 72,000 |
| Clearfield County Pennsylvania | 1 | $ 25,000 | $ 25,000 | $ 28,000 |
| Aiken County South Carolina | 1 | $ 55,000 | $ 55,000 | $ 52,000 |
| Dorchester County South Carolina | 1 | $ 55,000 | $ 55,000 | $ 40,000 |
| Tarrant County Texas | 1 | $ 55,000 | $ 55,000 | $ 54,000 |
| Rutland County Vermont | 1 | $ 75,000 | $ 75,000 | $ 34,000 |
Mortgage Loan Application Detail Totals for Greenwood Credit Union 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 |
|---|---|---|---|---|---|---|
| Cash-out Refinancing | 363 | $55,685,000 | $153,000 | $705,000 | $144,000 | $2,491,000 |
| Home Purchase | 354 | $47,970,000 | $135,000 | $1,345,000 | $90,000 | $795,000 |
| Refinancing | 198 | $41,320,000 | $208,000 | $985,000 | $127,000 | $1,050,000 |
| Home Improvement | 130 | $9,130,000 | $70,000 | $725,000 | $124,000 | $923,000 |
| Other Purpose | 2 | $70,000 | $35,000 | $35,000 | $159,000 | $199,000 |
| 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 | 904 | $135,730,000 | $150,000 | $1,345,000 | $122,000 | $2,491,000 |
| Not Provided | 50 | $3,960,000 | $79,000 | $255,000 | $120,000 | $923,000 |
| Hispanic | 41 | $5,365,000 | $130,000 | $1,025,000 | $81,000 | $273,000 |
| Black or African American | 23 | $2,385,000 | $103,000 | $235,000 | $102,000 | $526,000 |
| Asian | 13 | $2,355,000 | $181,000 | $655,000 | $93,000 | $177,000 |
| Not applicable | 10 | $3,290,000 | $329,000 | $905,000 | $29,000 | $48,000 |
| American Indian or Alaskan Native | 3 | $495,000 | $165,000 | $185,000 | $97,000 | $114,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $520,000 | $260,000 | $275,000 | $153,000 | $170,000 |
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) | 1,047 | $154,175,000 | $147,000 | $1,345,000 | $120,000 | $2,491,000 |
| 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 | 558 | $105,100,000 | $188,000 | $1,345,000 | $150,000 | $2,491,000 |
| Application Approved But Not Accepted | 242 | $22,150,000 | $91,000 | $405,000 | $82,000 | $612,000 |
| Application Denied By Financial Institution | 184 | $16,460,000 | $89,000 | $445,000 | $74,000 | $359,000 |
| Application Withdrawn By Applicant | 63 | $10,465,000 | $166,000 | $1,025,000 | $121,000 | $672,000 |
| 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 | 863 | $137,715,000 | $159,000 | $1,345,000 | $129,000 | $2,491,000 |
| Debt-To-Income Ratio | 62 | $6,190,000 | $99,000 | $335,000 | $57,000 | $276,000 |
| Credit Application Incomplete | 43 | $3,645,000 | $84,000 | $255,000 | $94,000 | $359,000 |
| Unverifiable Information | 28 | $2,000,000 | $71,000 | $145,000 | $55,000 | $121,000 |
| Credit History | 20 | $1,380,000 | $69,000 | $255,000 | $98,000 | $266,000 |
| Collateral | 15 | $1,875,000 | $125,000 | $385,000 | $82,000 | $189,000 |
| Employment History | 8 | $410,000 | $51,000 | $105,000 | $52,000 | $130,000 |
| Other | 6 | $820,000 | $136,000 | $445,000 | $100,000 | $181,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $140,000 | $70,000 | $85,000 | $116,000 | $130,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Greenwood Credit Union'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 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.