Hanscom Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Hanscom Federal 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 | 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 | 3,817 |
| Total Mortgage Loan Application Amount | $1,048,035,000 |
| Average Mortgage Loan Application Amount | $259,600 |
| Highest Mortgage Loan Application Amount | $4,505,000 |
| Average Applicant Income | $183,400 |
| Highest Applicant Income | $6,812,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 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 2020 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 2020.
| 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 | 1,223 | $ 377,695,000 | $ 308,000 | $ 189,000 |
| Essex County Massachusetts | 400 | $ 94,780,000 | $ 236,000 | $ 176,000 |
| Norfolk County Massachusetts | 373 | $ 116,505,000 | $ 312,000 | $ 197,000 |
| Suffolk County Massachusetts | 293 | $ 110,775,000 | $ 378,000 | $ 187,000 |
| Worcester County Massachusetts | 247 | $ 57,715,000 | $ 233,000 | $ 175,000 |
| Plymouth County Massachusetts | 177 | $ 45,045,000 | $ 254,000 | $ 188,000 |
| Hillsborough County New Hampshire | 98 | $ 19,140,000 | $ 195,000 | $ 230,000 |
| Barnstable County Massachusetts | 93 | $ 25,145,000 | $ 270,000 | $ 200,000 |
| Rockingham County New Hampshire | 86 | $ 18,310,000 | $ 212,000 | $ 165,000 |
| Bristol County Massachusetts | 81 | $ 17,515,000 | $ 216,000 | $ 164,000 |
| Providence County Rhode Island | 40 | $ 8,000,000 | $ 200,000 | $ 135,000 |
| Fairfax County Virginia | 36 | $ 8,450,000 | $ 234,000 | $ 259,000 |
| Loudoun County Virginia | 36 | $ 9,140,000 | $ 253,000 | $ 203,000 |
| Hampden County Massachusetts | 31 | $ 4,985,000 | $ 160,000 | $ 171,000 |
| Carroll County New Hampshire | 19 | $ 3,615,000 | $ 190,000 | $ 147,000 |
| York County Maine | 18 | $ 3,330,000 | $ 185,000 | $ 186,000 |
| Montgomery County Maryland | 18 | $ 3,740,000 | $ 207,000 | $ 168,000 |
| Prince William County Virginia | 18 | $ 3,490,000 | $ 193,000 | $ 155,000 |
| Santa Clara County California | 15 | $ 6,135,000 | $ 409,000 | $ 315,000 |
| Belknap County New Hampshire | 12 | $ 2,060,000 | $ 171,000 | $ 149,000 |
| Cumberland County Maine | 11 | $ 3,135,000 | $ 285,000 | $ 272,000 |
| Strafford County New Hampshire | 11 | $ 1,745,000 | $ 158,000 | $ 118,000 |
| Fairfield County Connecticut | 10 | $ 2,520,000 | $ 252,000 | $ 165,000 |
| Los Angeles County California | 9 | $ 1,685,000 | $ 187,000 | $ 132,000 |
| District of Columbia County District Of Columbia | 9 | $ 3,855,000 | $ 428,000 | $ 190,000 |
| Washington County Rhode Island | 9 | $ 1,405,000 | $ 156,000 | $ 150,000 |
| Alexandria County Virginia | 9 | $ 1,855,000 | $ 206,000 | $ 238,000 |
| Hartford County Connecticut | 8 | $ 1,700,000 | $ 212,000 | $ 179,000 |
| Berkshire County Massachusetts | 8 | $ 1,860,000 | $ 232,000 | $ 187,000 |
| Hampshire County Massachusetts | 8 | $ 1,880,000 | $ 235,000 | $ 188,000 |
| Merrimack County New Hampshire | 8 | $ 1,820,000 | $ 227,000 | $ 139,000 |
| Newport County Rhode Island | 8 | $ 2,300,000 | $ 287,000 | $ 160,000 |
| Alameda County California | 7 | $ 3,665,000 | $ 523,000 | $ 256,000 |
| Palm Beach County Florida | 7 | $ 1,685,000 | $ 240,000 | $ 96,000 |
| Bristol County Rhode Island | 7 | $ 2,135,000 | $ 305,000 | $ 188,000 |
| Windham County Vermont | 7 | $ 1,195,000 | $ 170,000 | $ 99,000 |
| King County Washington | 7 | $ 3,315,000 | $ 473,000 | $ 233,000 |
| New Haven County Connecticut | 6 | $ 1,370,000 | $ 228,000 | $ 138,000 |
| Pinellas County Florida | 6 | $ 1,090,000 | $ 181,000 | $ 159,000 |
| Morris County New Jersey | 6 | $ 820,000 | $ 136,000 | $ 146,000 |
| Douglas County Colorado | 5 | $ 555,000 | $ 111,000 | $ 134,000 |
| Orange County Florida | 5 | $ 1,515,000 | $ 303,000 | $ 196,000 |
| DeKalb County Georgia | 5 | $ 1,315,000 | $ 263,000 | $ 159,000 |
| Bergen County New Jersey | 5 | $ 1,965,000 | $ 393,000 | $ 209,000 |
| Kent County Rhode Island | 5 | $ 655,000 | $ 131,000 | $ 126,000 |
| Arlington County Virginia | 5 | $ 2,105,000 | $ 421,000 | $ 250,000 |
| Maricopa County Arizona | 4 | $ 620,000 | $ 155,000 | $ 88,000 |
| Orange County California | 4 | $ 2,550,000 | $ 637,000 | $ 225,000 |
| Broward County Florida | 4 | $ 640,000 | $ 160,000 | $ 118,000 |
| Franklin County Maine | 4 | $ 510,000 | $ 127,000 | $ 172,000 |
| Anne Arundel County Maryland | 4 | $ 780,000 | $ 195,000 | $ 192,000 |
| Dukes County Massachusetts | 4 | $ 1,310,000 | $ 327,000 | $ 165,000 |
| Cheshire County New Hampshire | 4 | $ 440,000 | $ 110,000 | $ 332,000 |
| Essex County New Jersey | 4 | $ 1,700,000 | $ 425,000 | $ 285,000 |
| Bucks County Pennsylvania | 4 | $ 820,000 | $ 205,000 | $ 152,000 |
| Charleston County South Carolina | 4 | $ 1,290,000 | $ 322,000 | $ 179,000 |
| Fauquier County Virginia | 4 | $ 260,000 | $ 65,000 | $ 221,000 |
| Marin County California | 3 | $ 1,615,000 | $ 538,000 | $ 223,000 |
| Windham County Connecticut | 3 | $ 675,000 | $ 225,000 | $ 153,000 |
| Brevard County Florida | 3 | $ 465,000 | $ 155,000 | $ 123,000 |
| Hillsborough County Florida | 3 | $ 695,000 | $ 231,000 | $ 116,000 |
| Polk County Florida | 3 | $ 465,000 | $ 155,000 | $ 97,000 |
| St. Johns County Florida | 3 | $ 645,000 | $ 215,000 | $ 89,000 |
| Fulton County Georgia | 3 | $ 525,000 | $ 175,000 | $ 105,000 |
| Cook County Illinois | 3 | $ 265,000 | $ 88,000 | $ 112,000 |
| Kennebec County Maine | 3 | $ 365,000 | $ 121,000 | $ 118,000 |
| Coos County New Hampshire | 3 | $ 425,000 | $ 141,000 | $ 201,000 |
| Grafton County New Hampshire | 3 | $ 505,000 | $ 168,000 | $ 142,000 |
| Sullivan County New Hampshire | 3 | $ 1,225,000 | $ 408,000 | $ 326,000 |
| Monmouth County New Jersey | 3 | $ 425,000 | $ 141,000 | $ 164,000 |
| Bernalillo County New Mexico | 3 | $ 425,000 | $ 141,000 | $ 155,000 |
| Mecklenburg County North Carolina | 3 | $ 855,000 | $ 285,000 | $ 188,000 |
| Wake County North Carolina | 3 | $ 375,000 | $ 125,000 | $ 259,000 |
| Horry County South Carolina | 3 | $ 745,000 | $ 248,000 | $ 134,000 |
| Fairfax City County Virginia | 3 | $ 1,105,000 | $ 368,000 | $ 166,000 |
| Stafford County Virginia | 3 | $ 315,000 | $ 105,000 | $ 104,000 |
| Jefferson County West Virginia | 3 | $ 605,000 | $ 201,000 | $ 103,000 |
| Monterey County California | 2 | $ 300,000 | $ 150,000 | $ 169,000 |
| Riverside County California | 2 | $ 220,000 | $ 110,000 | $ 155,000 |
| Sacramento County California | 2 | $ 810,000 | $ 405,000 | $ 244,000 |
| San Diego County California | 2 | $ 750,000 | $ 375,000 | $ 218,000 |
| San Mateo County California | 2 | $ 1,410,000 | $ 705,000 | $ 273,000 |
| Arapahoe County Colorado | 2 | $ 140,000 | $ 70,000 | $ 152,000 |
| El Paso County Colorado | 2 | $ 320,000 | $ 160,000 | $ 262,000 |
| Garfield County Colorado | 2 | $ 540,000 | $ 270,000 | $ 88,000 |
| Jefferson County Colorado | 2 | $ 440,000 | $ 220,000 | $ 256,000 |
| Larimer County Colorado | 2 | $ 240,000 | $ 120,000 | $ 228,000 |
| Litchfield County Connecticut | 2 | $ 270,000 | $ 135,000 | $ 81,000 |
| New London County Connecticut | 2 | $ 900,000 | $ 450,000 | $ 312,000 |
| New Castle County Delaware | 2 | $ 90,000 | $ 45,000 | $ 39,000 |
| Charlotte County Florida | 2 | $ 180,000 | $ 90,000 | $ 52,000 |
| Citrus County Florida | 2 | $ 140,000 | $ 70,000 | $ 60,000 |
| Collier County Florida | 2 | $ 500,000 | $ 250,000 | $ 265,000 |
| Martin County Florida | 2 | $ 420,000 | $ 210,000 | $ 196,000 |
| St. Lucie County Florida | 2 | $ 290,000 | $ 145,000 | $ 159,000 |
| Cherokee County Georgia | 2 | $ 460,000 | $ 230,000 | $ 157,000 |
| Forsyth County Georgia | 2 | $ 210,000 | $ 105,000 | $ 180,000 |
| Winnebago County Illinois | 2 | $ 240,000 | $ 120,000 | $ 128,000 |
| Marion County Indiana | 2 | $ 190,000 | $ 95,000 | $ 45,000 |
| Johnson County Kansas | 2 | $ 220,000 | $ 110,000 | $ 88,000 |
| Oxford County Maine | 2 | $ 180,000 | $ 90,000 | $ 137,000 |
| Baltimore County Maryland | 2 | $ 380,000 | $ 190,000 | $ 118,000 |
| Calvert County Maryland | 2 | $ 480,000 | $ 240,000 | $ 165,000 |
| Prince George's County Maryland | 2 | $ 180,000 | $ 90,000 | $ 98,000 |
| Franklin County Massachusetts | 2 | $ 180,000 | $ 90,000 | $ 59,000 |
| Nantucket County Massachusetts | 2 | $ 340,000 | $ 170,000 | $ 277,000 |
| Wayne County Michigan | 2 | $ 100,000 | $ 50,000 | $ 34,000 |
| Anoka County Minnesota | 2 | $ 50,000 | $ 25,000 | $ 78,000 |
| Hennepin County Minnesota | 2 | $ 220,000 | $ 110,000 | $ 91,000 |
| St. Charles County Missouri | 2 | $ 310,000 | $ 155,000 | $ 167,000 |
| Clark County Nevada | 2 | $ 330,000 | $ 165,000 | $ 133,000 |
| Middlesex County New Jersey | 2 | $ 660,000 | $ 330,000 | $ 159,000 |
| Ocean County New Jersey | 2 | $ 310,000 | $ 155,000 | $ 152,000 |
| Brunswick County North Carolina | 2 | $ 230,000 | $ 115,000 | $ 82,000 |
| Montgomery County Ohio | 2 | $ 240,000 | $ 120,000 | $ 203,000 |
| Carbon County Pennsylvania | 2 | $ 90,000 | $ 45,000 | $ 78,000 |
| Delaware County Pennsylvania | 2 | $ 790,000 | $ 395,000 | $ 157,000 |
| Lackawanna County Pennsylvania | 2 | $ 110,000 | $ 55,000 | $ 97,000 |
| Pike County Pennsylvania | 2 | $ 270,000 | $ 135,000 | $ 786,000 |
| York County Pennsylvania | 2 | $ 90,000 | $ 45,000 | $ 116,000 |
| Georgetown County South Carolina | 2 | $ 220,000 | $ 110,000 | $ 143,000 |
| Salt Lake County Utah | 2 | $ 620,000 | $ 310,000 | $ 148,000 |
| Bennington County Vermont | 2 | $ 140,000 | $ 70,000 | $ 150,000 |
| Orange County Vermont | 2 | $ 220,000 | $ 110,000 | $ 113,000 |
| Orleans County Vermont | 2 | $ 420,000 | $ 210,000 | $ 368,000 |
| Washington County Vermont | 2 | $ 130,000 | $ 65,000 | $ 208,000 |
| Windsor County Vermont | 2 | $ 220,000 | $ 110,000 | $ 135,000 |
| Bedford County Virginia | 2 | $ 140,000 | $ 70,000 | $ 28,000 |
| Clarke County Virginia | 2 | $ 400,000 | $ 200,000 | $ 247,000 |
| James City County Virginia | 2 | $ 130,000 | $ 65,000 | $ 162,000 |
| Virginia Beach County Virginia | 2 | $ 1,040,000 | $ 520,000 | $ 144,000 |
| Macon County Alabama | 1 | $ 335,000 | $ 335,000 | $ 273,000 |
| Mobile County Alabama | 1 | $ 75,000 | $ 75,000 | $ 68,000 |
| Cochise County Arizona | 1 | $ 105,000 | $ 105,000 | $ 82,000 |
| Pinal County Arizona | 1 | $ 125,000 | $ 125,000 | $ 54,000 |
| Crittenden County Arkansas | 1 | $ 75,000 | $ 75,000 | $ 82,000 |
| El Dorado County California | 1 | $ 575,000 | $ 575,000 | $ 291,000 |
| Nevada County California | 1 | $ 405,000 | $ 405,000 | $ 1,000 |
| San Bernardino County California | 1 | $ 255,000 | $ 255,000 | $ 0 |
| San Francisco County California | 1 | $ 1,445,000 | $ 1,445,000 | $ 435,000 |
| San Joaquin County California | 1 | $ 375,000 | $ 375,000 | $ 206,000 |
| Santa Cruz County California | 1 | $ 305,000 | $ 305,000 | $ 121,000 |
| Boulder County Colorado | 1 | $ 35,000 | $ 35,000 | $ 157,000 |
| Alachua County Florida | 1 | $ 225,000 | $ 225,000 | $ 130,000 |
| Flagler County Florida | 1 | $ 205,000 | $ 205,000 | $ 205,000 |
| Indian River County Florida | 1 | $ 515,000 | $ 515,000 | $ 215,000 |
| Lee County Florida | 1 | $ 55,000 | $ 55,000 | $ 19,000 |
| Leon County Florida | 1 | $ 105,000 | $ 105,000 | $ 36,000 |
| Manatee County Florida | 1 | $ 345,000 | $ 345,000 | $ 42,000 |
| Marion County Florida | 1 | $ 255,000 | $ 255,000 | $ 260,000 |
| Miami-Dade County Florida | 1 | $ 325,000 | $ 325,000 | $ 150,000 |
| Okaloosa County Florida | 1 | $ 165,000 | $ 165,000 | $ 136,000 |
| Sarasota County Florida | 1 | $ 525,000 | $ 525,000 | $ 112,000 |
| Sumter County Florida | 1 | $ 125,000 | $ 125,000 | $ 110,000 |
| Volusia County Florida | 1 | $ 155,000 | $ 155,000 | $ 95,000 |
| Chatham County Georgia | 1 | $ 235,000 | $ 235,000 | $ 172,000 |
| Cobb County Georgia | 1 | $ 185,000 | $ 185,000 | $ 408,000 |
| Fayette County Georgia | 1 | $ 135,000 | $ 135,000 | $ 128,000 |
| Gordon County Georgia | 1 | $ 195,000 | $ 195,000 | $ 102,000 |
| Henry County Georgia | 1 | $ 75,000 | $ 75,000 | $ 158,000 |
| Rockdale County Georgia | 1 | $ 105,000 | $ 105,000 | $ 54,000 |
| DuPage County Illinois | 1 | $ 175,000 | $ 175,000 | $ 161,000 |
| Tazewell County Illinois | 1 | $ 135,000 | $ 135,000 | $ 96,000 |
| Porter County Indiana | 1 | $ 315,000 | $ 315,000 | $ 245,000 |
| Douglas County Kansas | 1 | $ 275,000 | $ 275,000 | $ 144,000 |
| Jefferson County Kentucky | 1 | $ 65,000 | $ 65,000 | $ 156,000 |
| Spencer County Kentucky | 1 | $ 45,000 | $ 45,000 | $ 94,000 |
| Warren County Kentucky | 1 | $ 625,000 | $ 625,000 | $ 181,000 |
| Ascension County Louisiana | 1 | $ 95,000 | $ 95,000 | $ 141,000 |
| East Baton Rouge County Louisiana | 1 | $ 125,000 | $ 125,000 | $ 40,000 |
| Aroostook County Maine | 1 | $ 65,000 | $ 65,000 | $ 287,000 |
| Hancock County Maine | 1 | $ 25,000 | $ 25,000 | $ 37,000 |
| Lincoln County Maine | 1 | $ 35,000 | $ 35,000 | $ 138,000 |
| Baltimore City County Maryland | 1 | $ 115,000 | $ 115,000 | $ 34,000 |
| Carroll County Maryland | 1 | $ 505,000 | $ 505,000 | $ 255,000 |
| Charles County Maryland | 1 | $ 95,000 | $ 95,000 | $ 156,000 |
| Frederick County Maryland | 1 | $ 55,000 | $ 55,000 | $ 291,000 |
| Howard County Maryland | 1 | $ 205,000 | $ 205,000 | $ 100,000 |
| Clare County Michigan | 1 | $ 25,000 | $ 25,000 | $ 66,000 |
| Oakland County Michigan | 1 | $ 135,000 | $ 135,000 | $ 147,000 |
| Beltrami County Minnesota | 1 | $ 225,000 | $ 225,000 | $ 167,000 |
| Ramsey County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 237,000 |
| St. Louis City County Missouri | 1 | $ 75,000 | $ 75,000 | $ 73,000 |
| Carson City County Nevada | 1 | $ 35,000 | $ 35,000 | $ 65,000 |
| Atlantic County New Jersey | 1 | $ 55,000 | $ 55,000 | $ 108,000 |
| Cape May County New Jersey | 1 | $ 625,000 | $ 625,000 | $ 201,000 |
| Hudson County New Jersey | 1 | $ 225,000 | $ 225,000 | $ 350,000 |
| Sussex County New Jersey | 1 | $ 325,000 | $ 325,000 | $ 128,000 |
| Buncombe County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 72,000 |
| Cabarrus County North Carolina | 1 | $ 235,000 | $ 235,000 | $ 166,000 |
| Carteret County North Carolina | 1 | $ 805,000 | $ 805,000 | $ 192,000 |
| Dare County North Carolina | 1 | $ 335,000 | $ 335,000 | $ 183,000 |
| Durham County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 231,000 |
| Guilford County North Carolina | 1 | $ 165,000 | $ 165,000 | $ 92,000 |
| Hoke County North Carolina | 1 | $ 15,000 | $ 15,000 | $ 41,000 |
| Johnston County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 65,000 |
| Lenoir County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 288,000 |
| Rockingham County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 122,000 |
| Transylvania County North Carolina | 1 | $ 115,000 | $ 115,000 | $ 116,000 |
| Cuyahoga County Ohio | 1 | $ 725,000 | $ 725,000 | $ 225,000 |
| Franklin County Ohio | 1 | $ 255,000 | $ 255,000 | $ 125,000 |
| Hamilton County Ohio | 1 | $ 35,000 | $ 35,000 | $ 69,000 |
| Allegheny County Pennsylvania | 1 | $ 15,000 | $ 15,000 | $ 120,000 |
| Centre County Pennsylvania | 1 | $ 155,000 | $ 155,000 | $ 116,000 |
| Chester County Pennsylvania | 1 | $ 155,000 | $ 155,000 | $ 481,000 |
| Lebanon County Pennsylvania | 1 | $ 35,000 | $ 35,000 | $ 124,000 |
| Lehigh County Pennsylvania | 1 | $ 215,000 | $ 215,000 | $ 345,000 |
| Montgomery County Pennsylvania | 1 | $ 25,000 | $ 25,000 | $ 218,000 |
| Philadelphia County Pennsylvania | 1 | $ 205,000 | $ 205,000 | $ 623,000 |
| Anderson County South Carolina | 1 | $ 15,000 | $ 15,000 | $ 24,000 |
| Lexington County South Carolina | 1 | $ 105,000 | $ 105,000 | $ 76,000 |
| Shelby County Tennessee | 1 | $ 105,000 | $ 105,000 | $ 223,000 |
| Washington County Tennessee | 1 | $ 255,000 | $ 255,000 | $ 147,000 |
| Williamson County Tennessee | 1 | $ 65,000 | $ 65,000 | $ 314,000 |
| Wilson County Tennessee | 1 | $ 505,000 | $ 505,000 | $ 370,000 |
| Harris County Texas | 1 | $ 25,000 | $ 25,000 | $ 115,000 |
| Sanpete County Utah | 1 | $ 605,000 | $ 605,000 | $ 160,000 |
| Tooele County Utah | 1 | $ 205,000 | $ 205,000 | $ 175,000 |
| Washington County Utah | 1 | $ 725,000 | $ 725,000 | $ 261,000 |
| Weber County Utah | 1 | $ 55,000 | $ 55,000 | $ 95,000 |
| Rutland County Vermont | 1 | $ 115,000 | $ 115,000 | $ 220,000 |
| Albemarle County Virginia | 1 | $ 125,000 | $ 125,000 | $ 393,000 |
| Falls Church County Virginia | 1 | $ 155,000 | $ 155,000 | $ 208,000 |
| Frederick County Virginia | 1 | $ 75,000 | $ 75,000 | $ 65,000 |
| Norfolk County Virginia | 1 | $ 25,000 | $ 25,000 | $ 51,000 |
| Spotsylvania County Virginia | 1 | $ 65,000 | $ 65,000 | $ 114,000 |
| Warren County Virginia | 1 | $ 195,000 | $ 195,000 | $ 203,000 |
| Pierce County Washington | 1 | $ 375,000 | $ 375,000 | $ 237,000 |
| Spokane County Washington | 1 | $ 85,000 | $ 85,000 | $ 227,000 |
| Whatcom County Washington | 1 | $ 155,000 | $ 155,000 | $ 119,000 |
| Berkeley County West Virginia | 1 | $ 235,000 | $ 235,000 | $ 169,000 |
Mortgage Loan Application Detail Totals for Hanscom Federal 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 |
|---|---|---|---|---|---|---|
| Refinancing | 1,421 | $493,785,000 | $347,000 | $2,775,000 | $199,000 | $3,379,000 |
| Home Improvement | 898 | $100,400,000 | $111,000 | $505,000 | $178,000 | $1,098,000 |
| Cash-out Refinancing | 709 | $263,255,000 | $371,000 | $1,465,000 | $164,000 | $1,447,000 |
| Home Purchase | 416 | $149,450,000 | $359,000 | $4,505,000 | $205,000 | $6,812,000 |
| Other Purpose | 373 | $41,145,000 | $110,000 | $675,000 | $171,000 | $1,100,000 |
| 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 | 2,733 | $685,875,000 | $250,000 | $1,875,000 | $186,000 | $6,812,000 |
| Not Provided | 459 | $157,335,000 | $342,000 | $1,445,000 | $198,000 | $845,000 |
| Black or African American | 192 | $43,190,000 | $224,000 | $1,135,000 | $136,000 | $475,000 |
| Asian | 166 | $59,620,000 | $359,000 | $1,495,000 | $216,000 | $1,145,000 |
| Hispanic | 142 | $27,470,000 | $193,000 | $815,000 | $139,000 | $582,000 |
| Not applicable | 57 | $47,735,000 | $837,000 | $4,505,000 | $0 | $0 |
| American Indian or Alaskan Native | 10 | $1,310,000 | $131,000 | $225,000 | $103,000 | $240,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $550,000 | $275,000 | $305,000 | $203,000 | $237,000 |
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) | 3,764 | $1,028,110,000 | $273,000 | $4,505,000 | $186,000 | $6,812,000 |
| VA-guaranteed (Veterans Administration) | 53 | $19,925,000 | $375,000 | $765,000 | $122,000 | $266,000 |
| 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 | 2,322 | $572,100,000 | $246,000 | $4,505,000 | $180,000 | $2,696,000 |
| Application Denied By Financial Institution | 471 | $124,465,000 | $264,000 | $1,465,000 | $154,000 | $3,379,000 |
| File Closed For Incompleteness | 447 | $170,465,000 | $381,000 | $1,445,000 | $222,000 | $2,118,000 |
| Application Withdrawn By Applicant | 423 | $157,305,000 | $371,000 | $2,325,000 | $217,000 | $6,812,000 |
| Application Approved But Not Accepted | 154 | $23,700,000 | $153,000 | $505,000 | $169,000 | $1,145,000 |
| 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 | 3,346 | $923,570,000 | $276,000 | $4,505,000 | $189,000 | $6,812,000 |
| Debt-To-Income Ratio | 184 | $57,520,000 | $312,000 | $1,125,000 | $94,000 | $406,000 |
| Collateral | 93 | $18,965,000 | $203,000 | $1,085,000 | $149,000 | $604,000 |
| Credit History | 76 | $18,820,000 | $247,000 | $995,000 | $223,000 | $3,379,000 |
| Credit Application Incomplete | 69 | $11,865,000 | $171,000 | $1,005,000 | $253,000 | $1,447,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 23 | $6,965,000 | $302,000 | $875,000 | $118,000 | $269,000 |
| Other | 10 | $3,870,000 | $387,000 | $1,005,000 | $174,000 | $340,000 |
| Employment History | 8 | $3,460,000 | $432,000 | $1,465,000 | $128,000 | $332,000 |
| Unverifiable Information | 7 | $2,525,000 | $360,000 | $935,000 | $191,000 | $490,000 |
| Mortgage Insurance Denied | 1 | $475,000 | $475,000 | $475,000 | $176,000 | $176,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Hanscom Federal 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 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.