Hanscom Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2007
Hanscom Federal Credit Union 2007 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 | Hanscom Federal Credit Union 25 Porter Road, Suite 100 Bedford, MA 01460 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 | 588 |
| Total Mortgage Loan Application Amount | $81,055,000 |
| Average Mortgage Loan Application Amount | $135,666 |
| Highest Mortgage Loan Application Amount | $732,000 |
| Average Applicant Income | $103,666 |
| Highest Applicant Income | $586,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2007 with Hanscom 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 Hanscom Federal Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2007 breaks down Hanscom 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 Hanscom Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Hanscom 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 Hanscom Federal Credit Union's mortgage activity for 2007.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Middlesex County Massachusetts | 168 | $ 21,436,000 | $ 127,000 | $ 110,000 |
| Essex County Massachusetts | 56 | $ 8,449,000 | $ 150,000 | $ 110,000 |
| Worcester County Massachusetts | 43 | $ 5,580,000 | $ 129,000 | $ 100,000 |
| Suffolk County Massachusetts | 40 | $ 5,471,000 | $ 136,000 | $ 96,000 |
| Norfolk County Massachusetts | 36 | $ 4,545,000 | $ 126,000 | $ 106,000 |
| Hillsborough County New Hampshire | 36 | $ 4,289,000 | $ 119,000 | $ 112,000 |
| Plymouth County Massachusetts | 28 | $ 3,732,000 | $ 133,000 | $ 110,000 |
| Rockingham County New Hampshire | 17 | $ 2,524,000 | $ 148,000 | $ 132,000 |
| Fairfax County Virginia | 11 | $ 2,581,000 | $ 234,000 | $ 135,000 |
| Barnstable County Massachusetts | 8 | $ 1,063,000 | $ 132,000 | $ 91,000 |
| Bristol County Massachusetts | 8 | $ 956,000 | $ 119,000 | $ 68,000 |
| Providence County Rhode Island | 7 | $ 574,000 | $ 82,000 | $ 91,000 |
| York County Maine | 6 | $ 766,000 | $ 127,000 | $ 131,000 |
| Hampden County Massachusetts | 4 | $ 465,000 | $ 116,000 | $ 62,000 |
| Grafton County New Hampshire | 4 | $ 307,000 | $ 76,000 | $ 123,000 |
| Grant County New Mexico | 4 | $ 990,000 | $ 247,000 | $ 181,000 |
| Loudoun County Virginia | 4 | $ 365,000 | $ 91,000 | $ 112,000 |
| Carroll County New Hampshire | 3 | $ 352,000 | $ 117,000 | $ 100,000 |
| Cheshire County New Hampshire | 3 | $ 530,000 | $ 176,000 | $ 95,000 |
| Washington County Rhode Island | 3 | $ 215,000 | $ 71,000 | $ 54,000 |
| Benton County Arkansas | 2 | $ 405,000 | $ 202,000 | $ 142,000 |
| District of Columbia County District Of Columbia | 2 | $ 94,000 | $ 47,000 | $ 62,000 |
| Hillsborough County Florida | 2 | $ 100,000 | $ 50,000 | $ 61,000 |
| DeKalb County Georgia | 2 | $ 76,000 | $ 38,000 | $ 207,000 |
| Clark County Nevada | 2 | $ 100,000 | $ 50,000 | $ 46,000 |
| Belknap County New Hampshire | 2 | $ 175,000 | $ 87,000 | $ 75,000 |
| Adams County Pennsylvania | 2 | $ 215,000 | $ 107,000 | $ 116,000 |
| Newport County Rhode Island | 2 | $ 243,000 | $ 121,000 | $ 51,000 |
| Cochise County Arizona | 1 | $ 399,000 | $ 399,000 | $ 199,000 |
| Pima County Arizona | 1 | $ 90,000 | $ 90,000 | $ 72,000 |
| El Paso County Colorado | 1 | $ 55,000 | $ 55,000 | $ 94,000 |
| Litchfield County Connecticut | 1 | $ 150,000 | $ 150,000 | $ 135,000 |
| Middlesex County Connecticut | 1 | $ 90,000 | $ 90,000 | $ 145,000 |
| Tolland County Connecticut | 1 | $ 103,000 | $ 103,000 | $ 100,000 |
| Windham County Connecticut | 1 | $ 240,000 | $ 240,000 | $ 137,000 |
| New Castle County Delaware | 1 | $ 20,000 | $ 20,000 | $ 115,000 |
| Escambia County Florida | 1 | $ 70,000 | $ 70,000 | $ 47,000 |
| Lee County Florida | 1 | $ 220,000 | $ 220,000 | $ 109,000 |
| Martin County Florida | 1 | $ 37,000 | $ 37,000 | $ 125,000 |
| Polk County Florida | 1 | $ 176,000 | $ 176,000 | $ 58,000 |
| Columbia County Georgia | 1 | $ 27,000 | $ 27,000 | $ 57,000 |
| St. Clair County Illinois | 1 | $ 65,000 | $ 65,000 | $ 50,000 |
| Scott County Iowa | 1 | $ 17,000 | $ 17,000 | $ 51,000 |
| Androscoggin County Maine | 1 | $ 25,000 | $ 25,000 | $ 77,000 |
| Cumberland County Maine | 1 | $ 125,000 | $ 125,000 | $ 41,000 |
| Kennebec County Maine | 1 | $ 112,000 | $ 112,000 | $ 86,000 |
| Washington County Maine | 1 | $ 150,000 | $ 150,000 | $ 69,000 |
| Anne Arundel County Maryland | 1 | $ 417,000 | $ 417,000 | $ 103,000 |
| Charles County Maryland | 1 | $ 70,000 | $ 70,000 | $ 85,000 |
| Harford County Maryland | 1 | $ 16,000 | $ 16,000 | $ 0 |
| Montgomery County Maryland | 1 | $ 53,000 | $ 53,000 | $ 150,000 |
| Macomb County Michigan | 1 | $ 258,000 | $ 258,000 | $ 83,000 |
| Strafford County New Hampshire | 1 | $ 222,000 | $ 222,000 | $ 69,000 |
| Camden County New Jersey | 1 | $ 120,000 | $ 120,000 | $ 174,000 |
| Somerset County New Jersey | 1 | $ 732,000 | $ 732,000 | $ 232,000 |
| Bernalillo County New Mexico | 1 | $ 87,000 | $ 87,000 | $ 82,000 |
| Franklin County New York | 1 | $ 75,000 | $ 75,000 | $ 169,000 |
| Jefferson County New York | 1 | $ 104,000 | $ 104,000 | $ 65,000 |
| Onondaga County New York | 1 | $ 124,000 | $ 124,000 | $ 80,000 |
| Schenectady County New York | 1 | $ 60,000 | $ 60,000 | $ 60,000 |
| Guilford County North Carolina | 1 | $ 101,000 | $ 101,000 | $ 204,000 |
| Centre County Pennsylvania | 1 | $ 122,000 | $ 122,000 | $ 164,000 |
| Bristol County Rhode Island | 1 | $ 20,000 | $ 20,000 | $ 124,000 |
| Franklin County Vermont | 1 | $ 40,000 | $ 40,000 | $ 89,000 |
| Windham County Vermont | 1 | $ 11,000 | $ 11,000 | $ 285,000 |
| Windsor County Vermont | 1 | $ 117,000 | $ 117,000 | $ 214,000 |
| Alexandria County Virginia | 1 | $ 25,000 | $ 25,000 | $ 67,000 |
| Arlington County Virginia | 1 | $ 65,000 | $ 65,000 | $ 192,000 |
| Clarke County Virginia | 1 | $ 50,000 | $ 50,000 | $ 90,000 |
| Culpeper County Virginia | 1 | $ 65,000 | $ 65,000 | $ 126,000 |
| Poquoson County Virginia | 1 | $ 89,000 | $ 89,000 | $ 137,000 |
| Portsmouth County Virginia | 1 | $ 40,000 | $ 40,000 | $ 41,000 |
| Prince William County Virginia | 1 | $ 288,000 | $ 288,000 | $ 144,000 |
| Jefferson County West Virginia | 1 | $ 155,000 | $ 155,000 | $ 106,000 |
Mortgage Loan Application Detail Totals for Hanscom Federal Credit Union in 2007
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 |
|---|---|---|---|---|---|---|
| Refinancing | 335 | $44,199,000 | $131,000 | $500,000 | $106,000 | $308,000 |
| Home Purchase | 139 | $29,895,000 | $215,000 | $732,000 | $97,000 | $586,000 |
| Home Improvement | 114 | $6,961,000 | $61,000 | $250,000 | $108,000 | $453,000 |
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 | 379 | $44,734,000 | $118,000 | $532,000 | $110,000 | $453,000 |
| Not Provided | 142 | $27,762,000 | $195,000 | $732,000 | $93,000 | $586,000 |
| Hispanic | 28 | $3,556,000 | $127,000 | $325,000 | $108,000 | $302,000 |
| Black or African American | 27 | $3,460,000 | $128,000 | $316,000 | $78,000 | $178,000 |
| Asian | 10 | $1,247,000 | $124,000 | $243,000 | $117,000 | $254,000 |
| American Indian or Alaskan Native | 2 | $296,000 | $148,000 | $221,000 | $80,000 | $88,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $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) | 580 | $78,877,000 | $135,000 | $732,000 | $105,000 | $586,000 |
| VA-guaranteed (Veterans Administration) | 8 | $2,178,000 | $272,000 | $414,000 | $76,000 | $156,000 |
| 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 |
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 | 424 | $51,375,000 | $121,000 | $732,000 | $110,000 | $586,000 |
| Application Withdrawn By Applicant | 64 | $10,611,000 | $165,000 | $480,000 | $110,000 | $302,000 |
| Application Denied By Financial Institution | 41 | $7,612,000 | $185,000 | $500,000 | $80,000 | $254,000 |
| Preapproval Denied by Financial Institution | 35 | $8,560,000 | $244,000 | $475,000 | $54,000 | $116,000 |
| File Closed For Incompleteness | 23 | $2,837,000 | $123,000 | $369,000 | $101,000 | $263,000 |
| Application Approved But Not Accepted | 1 | $60,000 | $60,000 | $60,000 | $126,000 | $126,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 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 |
|---|---|---|---|---|---|---|
| Credit History | 8 | $2,713,000 | $339,000 | $475,000 | $93,000 | $144,000 |
| Debt-To-Income Ratio | 6 | $1,467,000 | $244,000 | $350,000 | $53,000 | $80,000 |
| Collateral | 2 | $453,000 | $226,000 | $417,000 | $56,000 | $101,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $250,000 | $250,000 | $250,000 | $35,000 | $35,000 |
| Other | 1 | $205,000 | $205,000 | $205,000 | $87,000 | $87,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Hanscom Federal Credit Union's 2007 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 Hanscom 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 Massachusetts, download the full spreadsheet
with aggregated HMDA statistics today.