Hanscom Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Hanscom 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 | 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 | 2,187 |
| Total Mortgage Loan Application Amount | $440,915,000 |
| Average Mortgage Loan Application Amount | $245,000 |
| Highest Mortgage Loan Application Amount | $2,215,000 |
| Average Applicant Income | $189,800 |
| Highest Applicant Income | $6,532,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 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 2023 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 2023.
| 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 | 534 | $ 119,500,000 | $ 223,000 | $ 212,000 |
| Essex County Massachusetts | 304 | $ 55,600,000 | $ 182,000 | $ 174,000 |
| Suffolk County Massachusetts | 166 | $ 40,560,000 | $ 244,000 | $ 190,000 |
| Norfolk County Massachusetts | 157 | $ 36,735,000 | $ 233,000 | $ 203,000 |
| Plymouth County Massachusetts | 144 | $ 24,310,000 | $ 168,000 | $ 224,000 |
| Worcester County Massachusetts | 140 | $ 22,150,000 | $ 158,000 | $ 225,000 |
| Hillsborough County New Hampshire | 72 | $ 11,380,000 | $ 158,000 | $ 153,000 |
| Barnstable County Massachusetts | 69 | $ 15,965,000 | $ 231,000 | $ 232,000 |
| Bristol County Massachusetts | 58 | $ 7,520,000 | $ 129,000 | $ 114,000 |
| Rockingham County New Hampshire | 50 | $ 6,020,000 | $ 120,000 | $ 167,000 |
| Providence County Rhode Island | 33 | $ 4,305,000 | $ 130,000 | $ 99,000 |
| Loudoun County Virginia | 30 | $ 5,850,000 | $ 195,000 | $ 176,000 |
| Fairfax County Virginia | 25 | $ 5,965,000 | $ 238,000 | $ 236,000 |
| Hampden County Massachusetts | 13 | $ 2,885,000 | $ 221,000 | $ 110,000 |
| York County Maine | 11 | $ 2,375,000 | $ 215,000 | $ 188,000 |
| Fairfield County Connecticut | 10 | $ 2,750,000 | $ 275,000 | $ 230,000 |
| Windham County Connecticut | 10 | $ 1,310,000 | $ 131,000 | $ 104,000 |
| Hartford County Connecticut | 9 | $ 1,145,000 | $ 127,000 | $ 207,000 |
| Cumberland County Maine | 9 | $ 2,045,000 | $ 227,000 | $ 225,000 |
| Belknap County New Hampshire | 9 | $ 885,000 | $ 98,000 | $ 299,000 |
| Santa Clara County California | 8 | $ 3,220,000 | $ 402,000 | $ 292,000 |
| Merrimack County New Hampshire | 8 | $ 1,330,000 | $ 166,000 | $ 165,000 |
| Ocean County New Jersey | 8 | $ 2,240,000 | $ 280,000 | $ 141,000 |
| Prince William County Virginia | 7 | $ 915,000 | $ 130,000 | $ 225,000 |
| Montgomery County Maryland | 6 | $ 850,000 | $ 141,000 | $ 196,000 |
| Grafton County New Hampshire | 6 | $ 1,540,000 | $ 256,000 | $ 142,000 |
| Strafford County New Hampshire | 6 | $ 990,000 | $ 165,000 | $ 191,000 |
| Washington County Rhode Island | 6 | $ 1,780,000 | $ 296,000 | $ 123,000 |
| Fauquier County Virginia | 6 | $ 950,000 | $ 158,000 | $ 176,000 |
| Polk County Florida | 5 | $ 615,000 | $ 123,000 | $ 65,000 |
| Coos County New Hampshire | 5 | $ 555,000 | $ 111,000 | $ 140,000 |
| New Castle County Delaware | 4 | $ 480,000 | $ 120,000 | $ 139,000 |
| District of Columbia County District Of Columbia | 4 | $ 1,050,000 | $ 262,000 | $ 251,000 |
| Brevard County Florida | 4 | $ 800,000 | $ 200,000 | $ 139,000 |
| Fulton County Georgia | 4 | $ 370,000 | $ 92,000 | $ 146,000 |
| Beaufort County South Carolina | 4 | $ 1,490,000 | $ 372,000 | $ 157,000 |
| Horry County South Carolina | 4 | $ 980,000 | $ 245,000 | $ 209,000 |
| Alameda County California | 3 | $ 1,025,000 | $ 341,000 | $ 629,000 |
| Contra Costa County California | 3 | $ 865,000 | $ 288,000 | $ 268,000 |
| El Paso County Colorado | 3 | $ 405,000 | $ 135,000 | $ 168,000 |
| Broward County Florida | 3 | $ 155,000 | $ 51,000 | $ 42,000 |
| Collier County Florida | 3 | $ 895,000 | $ 298,000 | $ 98,000 |
| Lake County Florida | 3 | $ 595,000 | $ 198,000 | $ 123,000 |
| Lee County Florida | 3 | $ 765,000 | $ 255,000 | $ 149,000 |
| DeKalb County Georgia | 3 | $ 585,000 | $ 195,000 | $ 187,000 |
| Androscoggin County Maine | 3 | $ 215,000 | $ 71,000 | $ 145,000 |
| Waldo County Maine | 3 | $ 385,000 | $ 128,000 | $ 65,000 |
| Prince George's County Maryland | 3 | $ 1,285,000 | $ 428,000 | $ 233,000 |
| Dukes County Massachusetts | 3 | $ 635,000 | $ 211,000 | $ 103,000 |
| Franklin County Massachusetts | 3 | $ 385,000 | $ 128,000 | $ 164,000 |
| Hampshire County Massachusetts | 3 | $ 635,000 | $ 211,000 | $ 146,000 |
| Wayne County Michigan | 3 | $ 585,000 | $ 195,000 | $ 44,000 |
| Essex County New Jersey | 3 | $ 735,000 | $ 245,000 | $ 193,000 |
| Monmouth County New Jersey | 3 | $ 315,000 | $ 105,000 | $ 367,000 |
| Passaic County New Jersey | 3 | $ 705,000 | $ 235,000 | $ 363,000 |
| Union County North Carolina | 3 | $ 265,000 | $ 88,000 | $ 249,000 |
| Westmoreland County Pennsylvania | 3 | $ 1,905,000 | $ 635,000 | $ 412,000 |
| Newport County Rhode Island | 3 | $ 555,000 | $ 185,000 | $ 147,000 |
| Arlington County Virginia | 3 | $ 245,000 | $ 81,000 | $ 134,000 |
| Stafford County Virginia | 3 | $ 215,000 | $ 71,000 | $ 156,000 |
| King County Washington | 3 | $ 1,065,000 | $ 355,000 | $ 268,000 |
| Orange County California | 2 | $ 1,010,000 | $ 505,000 | $ 175,000 |
| New London County Connecticut | 2 | $ 120,000 | $ 60,000 | $ 93,000 |
| Tolland County Connecticut | 2 | $ 210,000 | $ 105,000 | $ 135,000 |
| Palm Beach County Florida | 2 | $ 2,020,000 | $ 1,010,000 | $ 655,000 |
| St. Lucie County Florida | 2 | $ 1,080,000 | $ 540,000 | $ 228,000 |
| Sumter County Florida | 2 | $ 550,000 | $ 275,000 | $ 249,000 |
| Hardin County Kentucky | 2 | $ 150,000 | $ 75,000 | $ 236,000 |
| Oldham County Kentucky | 2 | $ 150,000 | $ 75,000 | $ 436,000 |
| Lincoln County Maine | 2 | $ 560,000 | $ 280,000 | $ 426,000 |
| Somerset County Maine | 2 | $ 80,000 | $ 40,000 | $ 158,000 |
| Berkshire County Massachusetts | 2 | $ 790,000 | $ 395,000 | $ 186,000 |
| St. Louis County Missouri | 2 | $ 1,320,000 | $ 660,000 | $ 651,000 |
| Cheshire County New Hampshire | 2 | $ 100,000 | $ 50,000 | $ 236,000 |
| Sullivan County New Hampshire | 2 | $ 370,000 | $ 185,000 | $ 199,000 |
| Bergen County New Jersey | 2 | $ 450,000 | $ 225,000 | $ 315,000 |
| Burlington County New Jersey | 2 | $ 260,000 | $ 130,000 | $ 193,000 |
| Camden County New Jersey | 2 | $ 300,000 | $ 150,000 | $ 417,000 |
| Mercer County New Jersey | 2 | $ 780,000 | $ 390,000 | $ 224,000 |
| Middlesex County New Jersey | 2 | $ 940,000 | $ 470,000 | $ 243,000 |
| Morris County New Jersey | 2 | $ 360,000 | $ 180,000 | $ 266,000 |
| Union County New Jersey | 2 | $ 410,000 | $ 205,000 | $ 125,000 |
| Mecklenburg County North Carolina | 2 | $ 350,000 | $ 175,000 | $ 208,000 |
| Charleston County South Carolina | 2 | $ 390,000 | $ 195,000 | $ 291,000 |
| Georgetown County South Carolina | 2 | $ 310,000 | $ 155,000 | $ 231,000 |
| Salt Lake County Utah | 2 | $ 1,410,000 | $ 705,000 | $ 180,000 |
| Rutland County Vermont | 2 | $ 700,000 | $ 350,000 | $ 426,000 |
| Windsor County Vermont | 2 | $ 410,000 | $ 205,000 | $ 387,000 |
| Alexandria County Virginia | 2 | $ 410,000 | $ 205,000 | $ 250,000 |
| Clarke County Virginia | 2 | $ 330,000 | $ 165,000 | $ 142,000 |
| Culpeper County Virginia | 2 | $ 240,000 | $ 120,000 | $ 282,000 |
| Spotsylvania County Virginia | 2 | $ 140,000 | $ 70,000 | $ 170,000 |
| Virginia Beach County Virginia | 2 | $ 330,000 | $ 165,000 | $ 110,000 |
| Calhoun County Alabama | 1 | $ 225,000 | $ 225,000 | $ 60,000 |
| Tuscaloosa County Alabama | 1 | $ 165,000 | $ 165,000 | $ 215,000 |
| Juneau County Alaska | 1 | $ 95,000 | $ 95,000 | $ 185,000 |
| Pima County Arizona | 1 | $ 65,000 | $ 65,000 | $ 78,000 |
| Saline County Arkansas | 1 | $ 205,000 | $ 205,000 | $ 259,000 |
| San Diego County California | 1 | $ 85,000 | $ 85,000 | $ 152,000 |
| San Francisco County California | 1 | $ 305,000 | $ 305,000 | $ 380,000 |
| San Mateo County California | 1 | $ 655,000 | $ 655,000 | $ 301,000 |
| Eagle County Colorado | 1 | $ 505,000 | $ 505,000 | $ 852,000 |
| Jefferson County Colorado | 1 | $ 505,000 | $ 505,000 | $ 489,000 |
| Larimer County Colorado | 1 | $ 205,000 | $ 205,000 | $ 204,000 |
| Summit County Colorado | 1 | $ 95,000 | $ 95,000 | $ 252,000 |
| Middlesex County Connecticut | 1 | $ 355,000 | $ 355,000 | $ 383,000 |
| New Haven County Connecticut | 1 | $ 55,000 | $ 55,000 | $ 210,000 |
| Charlotte County Florida | 1 | $ 75,000 | $ 75,000 | $ 298,000 |
| Hillsborough County Florida | 1 | $ 105,000 | $ 105,000 | $ 346,000 |
| Orange County Florida | 1 | $ 175,000 | $ 175,000 | $ 79,000 |
| Pasco County Florida | 1 | $ 405,000 | $ 405,000 | $ 156,000 |
| Pinellas County Florida | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Sarasota County Florida | 1 | $ 15,000 | $ 15,000 | $ 103,000 |
| St. Johns County Florida | 1 | $ 115,000 | $ 115,000 | $ 38,000 |
| Volusia County Florida | 1 | $ 225,000 | $ 225,000 | $ 170,000 |
| Cherokee County Georgia | 1 | $ 65,000 | $ 65,000 | $ 245,000 |
| Cobb County Georgia | 1 | $ 105,000 | $ 105,000 | $ 250,000 |
| Fayette County Georgia | 1 | $ 125,000 | $ 125,000 | $ 152,000 |
| Forsyth County Georgia | 1 | $ 245,000 | $ 245,000 | $ 186,000 |
| Gwinnett County Georgia | 1 | $ 505,000 | $ 505,000 | $ 183,000 |
| Maui County Hawaii | 1 | $ 255,000 | $ 255,000 | $ 130,000 |
| Ada County Idaho | 1 | $ 305,000 | $ 305,000 | $ 174,000 |
| Cook County Illinois | 1 | $ 105,000 | $ 105,000 | $ 78,000 |
| DuPage County Illinois | 1 | $ 205,000 | $ 205,000 | $ 111,000 |
| McHenry County Illinois | 1 | $ 75,000 | $ 75,000 | $ 242,000 |
| Lake County Indiana | 1 | $ 105,000 | $ 105,000 | $ 282,000 |
| Vigo County Indiana | 1 | $ 65,000 | $ 65,000 | $ 84,000 |
| Pottawattamie County Iowa | 1 | $ 125,000 | $ 125,000 | $ 56,000 |
| Douglas County Kansas | 1 | $ 105,000 | $ 105,000 | $ 217,000 |
| Kennebec County Maine | 1 | $ 45,000 | $ 45,000 | $ 72,000 |
| Penobscot County Maine | 1 | $ 35,000 | $ 35,000 | $ 45,000 |
| Sagadahoc County Maine | 1 | $ 45,000 | $ 45,000 | $ 65,000 |
| Baltimore County Maryland | 1 | $ 85,000 | $ 85,000 | $ 87,000 |
| Baltimore City County Maryland | 1 | $ 75,000 | $ 75,000 | $ 470,000 |
| Carroll County Maryland | 1 | $ 525,000 | $ 525,000 | $ 206,000 |
| Frederick County Maryland | 1 | $ 85,000 | $ 85,000 | $ 84,000 |
| Nantucket County Massachusetts | 1 | $ 405,000 | $ 405,000 | $ 249,000 |
| Alpena County Michigan | 1 | $ 245,000 | $ 245,000 | $ 0 |
| Lapeer County Michigan | 1 | $ 65,000 | $ 65,000 | $ 49,000 |
| Dakota County Minnesota | 1 | $ 25,000 | $ 25,000 | $ 157,000 |
| Hennepin County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 53,000 |
| Houston County Minnesota | 1 | $ 195,000 | $ 195,000 | $ 163,000 |
| Rankin County Mississippi | 1 | $ 25,000 | $ 25,000 | $ 226,000 |
| Lincoln County Missouri | 1 | $ 55,000 | $ 55,000 | $ 216,000 |
| Yellowstone County Montana | 1 | $ 255,000 | $ 255,000 | $ 457,000 |
| Douglas County Nebraska | 1 | $ 205,000 | $ 205,000 | $ 97,000 |
| Hudson County New Jersey | 1 | $ 405,000 | $ 405,000 | $ 177,000 |
| Bernalillo County New Mexico | 1 | $ 145,000 | $ 145,000 | $ 123,000 |
| Los Alamos County New Mexico | 1 | $ 85,000 | $ 85,000 | $ 83,000 |
| Cabarrus County North Carolina | 1 | $ 35,000 | $ 35,000 | $ 107,000 |
| Carteret County North Carolina | 1 | $ 545,000 | $ 545,000 | $ 613,000 |
| Johnston County North Carolina | 1 | $ 355,000 | $ 355,000 | $ 74,000 |
| New Hanover County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 150,000 |
| Onslow County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 124,000 |
| Pender County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 88,000 |
| Wake County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 92,000 |
| Athens County Ohio | 1 | $ 35,000 | $ 35,000 | $ 66,000 |
| Cuyahoga County Ohio | 1 | $ 65,000 | $ 65,000 | $ 83,000 |
| Franklin County Ohio | 1 | $ 145,000 | $ 145,000 | $ 160,000 |
| Greene County Ohio | 1 | $ 25,000 | $ 25,000 | $ 145,000 |
| Canadian County Oklahoma | 1 | $ 135,000 | $ 135,000 | $ 110,000 |
| Oklahoma County Oklahoma | 1 | $ 85,000 | $ 85,000 | $ 69,000 |
| Clackamas County Oregon | 1 | $ 115,000 | $ 115,000 | $ 113,000 |
| Deschutes County Oregon | 1 | $ 65,000 | $ 65,000 | $ 133,000 |
| Multnomah County Oregon | 1 | $ 205,000 | $ 205,000 | $ 181,000 |
| Bucks County Pennsylvania | 1 | $ 75,000 | $ 75,000 | $ 147,000 |
| Chester County Pennsylvania | 1 | $ 325,000 | $ 325,000 | $ 422,000 |
| Mercer County Pennsylvania | 1 | $ 255,000 | $ 255,000 | $ 162,000 |
| Montgomery County Pennsylvania | 1 | $ 735,000 | $ 735,000 | $ 372,000 |
| Washington County Pennsylvania | 1 | $ 125,000 | $ 125,000 | $ 191,000 |
| Kent County Rhode Island | 1 | $ 55,000 | $ 55,000 | $ 80,000 |
| Dorchester County South Carolina | 1 | $ 135,000 | $ 135,000 | $ 193,000 |
| Florence County South Carolina | 1 | $ 165,000 | $ 165,000 | $ 89,000 |
| Lexington County South Carolina | 1 | $ 235,000 | $ 235,000 | $ 127,000 |
| Orangeburg County South Carolina | 1 | $ 235,000 | $ 235,000 | $ 94,000 |
| Richland County South Carolina | 1 | $ 295,000 | $ 295,000 | $ 110,000 |
| Sumter County South Carolina | 1 | $ 55,000 | $ 55,000 | $ 113,000 |
| Rutherford County Tennessee | 1 | $ 265,000 | $ 265,000 | $ 200,000 |
| Williamson County Tennessee | 1 | $ 665,000 | $ 665,000 | $ 297,000 |
| Fort Bend County Texas | 1 | $ 45,000 | $ 45,000 | $ 95,000 |
| Summit County Utah | 1 | $ 105,000 | $ 105,000 | $ 227,000 |
| Grand Isle County Vermont | 1 | $ 55,000 | $ 55,000 | $ 105,000 |
| Orleans County Vermont | 1 | $ 255,000 | $ 255,000 | $ 93,000 |
| Washington County Vermont | 1 | $ 105,000 | $ 105,000 | $ 202,000 |
| Augusta County Virginia | 1 | $ 105,000 | $ 105,000 | $ 93,000 |
| Bedford County Virginia | 1 | $ 65,000 | $ 65,000 | $ 78,000 |
| Chesapeake County Virginia | 1 | $ 155,000 | $ 155,000 | $ 72,000 |
| Fairfax City County Virginia | 1 | $ 505,000 | $ 505,000 | $ 130,000 |
| James City County Virginia | 1 | $ 155,000 | $ 155,000 | $ 175,000 |
| Lancaster County Virginia | 1 | $ 55,000 | $ 55,000 | $ 55,000 |
| Madison County Virginia | 1 | $ 785,000 | $ 785,000 | $ 223,000 |
| Richmond City County Virginia | 1 | $ 55,000 | $ 55,000 | $ 64,000 |
| Pierce County Washington | 1 | $ 105,000 | $ 105,000 | $ 90,000 |
| Berkeley County West Virginia | 1 | $ 115,000 | $ 115,000 | $ 375,000 |
| Monongalia County West Virginia | 1 | $ 25,000 | $ 25,000 | $ 168,000 |
| Waukesha County Wisconsin | 1 | $ 285,000 | $ 285,000 | $ 251,000 |
Mortgage Loan Application Detail Totals for Hanscom 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 Improvement | 831 | $117,865,000 | $141,000 | $505,000 | $202,000 | $6,298,000 |
| Refinancing | 481 | $107,165,000 | $222,000 | $1,875,000 | $193,000 | $1,131,000 |
| Other Purpose | 428 | $56,340,000 | $131,000 | $505,000 | $176,000 | $6,532,000 |
| Home Purchase | 369 | $129,875,000 | $351,000 | $2,215,000 | $218,000 | $985,000 |
| Cash-out Refinancing | 78 | $29,670,000 | $380,000 | $1,305,000 | $160,000 | $582,000 |
| 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 | 1,424 | $278,850,000 | $195,000 | $1,725,000 | $207,000 | $6,532,000 |
| Not Provided | 299 | $64,335,000 | $215,000 | $1,305,000 | $196,000 | $1,131,000 |
| Black or African American | 180 | $27,170,000 | $150,000 | $705,000 | $142,000 | $880,000 |
| Hispanic | 128 | $20,070,000 | $156,000 | $1,035,000 | $142,000 | $635,000 |
| Asian | 93 | $23,665,000 | $254,000 | $945,000 | $214,000 | $838,000 |
| American Indian or Alaskan Native | 15 | $2,515,000 | $167,000 | $485,000 | $156,000 | $353,000 |
| Not applicable | 15 | $15,785,000 | $1,052,000 | $2,215,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 1 | $555,000 | $555,000 | $555,000 | $196,000 | $196,000 |
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) | 2,164 | $431,890,000 | $199,000 | $2,215,000 | $197,000 | $6,532,000 |
| VA-guaranteed (Veterans Administration) | 23 | $9,025,000 | $392,000 | $825,000 | $139,000 | $321,000 |
| 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 | 1,220 | $238,920,000 | $195,000 | $2,215,000 | $212,000 | $6,298,000 |
| Application Denied By Financial Institution | 609 | $115,775,000 | $190,000 | $1,875,000 | $161,000 | $6,532,000 |
| Application Withdrawn By Applicant | 171 | $48,995,000 | $286,000 | $1,725,000 | $207,000 | $1,130,000 |
| Application Approved But Not Accepted | 158 | $24,170,000 | $152,000 | $505,000 | $198,000 | $900,000 |
| File Closed For Incompleteness | 29 | $13,055,000 | $450,000 | $1,105,000 | $209,000 | $524,000 |
| 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 | 1,578 | $325,140,000 | $206,000 | $2,215,000 | $210,000 | $6,298,000 |
| Debt-To-Income Ratio | 230 | $49,000,000 | $213,000 | $1,305,000 | $100,000 | $774,000 |
| Credit Application Incomplete | 177 | $26,075,000 | $147,000 | $505,000 | $218,000 | $6,532,000 |
| Collateral | 114 | $21,910,000 | $192,000 | $1,005,000 | $198,000 | $790,000 |
| Credit History | 56 | $9,560,000 | $170,000 | $685,000 | $163,000 | $566,000 |
| Unverifiable Information | 20 | $2,680,000 | $134,000 | $355,000 | $158,000 | $249,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 7 | $5,785,000 | $826,000 | $1,875,000 | $126,000 | $193,000 |
| Employment History | 3 | $505,000 | $168,000 | $425,000 | $127,000 | $240,000 |
| Other | 2 | $260,000 | $130,000 | $205,000 | $95,000 | $128,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Hanscom 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 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.
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with aggregated HMDA statistics today.