Hiway Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2016
Hiway Credit Union 2016 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 | Hiway Credit Union 111 Empire Drive Saint Paul, MN 55103 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 | 1,187 |
| Total Mortgage Loan Application Amount | $158,551,000 |
| Average Mortgage Loan Application Amount | $116,333 |
| Highest Mortgage Loan Application Amount | $744,000 |
| Average Applicant Income | $89,000 |
| Highest Applicant Income | $1,500,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2016 with Hiway 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 Hiway Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2016 breaks down Hiway 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 Hiway Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Hiway 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 Hiway Credit Union's mortgage activity for 2016.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Ramsey County Minnesota | 277 | $ 30,220,000 | $ 109,000 | $ 82,000 |
| Hennepin County Minnesota | 170 | $ 26,089,000 | $ 153,000 | $ 90,000 |
| Washington County Minnesota | 136 | $ 19,823,000 | $ 145,000 | $ 96,000 |
| Dakota County Minnesota | 99 | $ 13,029,000 | $ 131,000 | $ 95,000 |
| Anoka County Minnesota | 92 | $ 12,018,000 | $ 130,000 | $ 98,000 |
| Scott County Minnesota | 18 | $ 2,607,000 | $ 144,000 | $ 127,000 |
| Chisago County Minnesota | 17 | $ 1,673,000 | $ 98,000 | $ 85,000 |
| St. Louis County Minnesota | 17 | $ 2,550,000 | $ 150,000 | $ 113,000 |
| Crow Wing County Minnesota | 14 | $ 2,503,000 | $ 178,000 | $ 112,000 |
| St. Croix County Wisconsin | 14 | $ 2,248,000 | $ 160,000 | $ 101,000 |
| Stearns County Minnesota | 13 | $ 1,770,000 | $ 136,000 | $ 74,000 |
| Wright County Minnesota | 12 | $ 1,321,000 | $ 110,000 | $ 90,000 |
| Carver County Minnesota | 11 | $ 2,264,000 | $ 205,000 | $ 109,000 |
| Isanti County Minnesota | 9 | $ 1,394,000 | $ 154,000 | $ 122,000 |
| Kandiyohi County Minnesota | 9 | $ 1,001,000 | $ 111,000 | $ 170,000 |
| Olmsted County Minnesota | 8 | $ 729,000 | $ 91,000 | $ 116,000 |
| Sherburne County Minnesota | 7 | $ 925,000 | $ 132,000 | $ 86,000 |
| Cass County Minnesota | 6 | $ 682,000 | $ 113,000 | $ 116,000 |
| Goodhue County Minnesota | 6 | $ 472,000 | $ 78,000 | $ 79,000 |
| Mille Lacs County Minnesota | 6 | $ 738,000 | $ 123,000 | $ 95,000 |
| Becker County Minnesota | 5 | $ 287,000 | $ 57,000 | $ 70,000 |
| Hubbard County Minnesota | 5 | $ 424,000 | $ 84,000 | $ 135,000 |
| Itasca County Minnesota | 5 | $ 835,000 | $ 167,000 | $ 143,000 |
| McLeod County Minnesota | 4 | $ 280,000 | $ 70,000 | $ 57,000 |
| Otter Tail County Minnesota | 4 | $ 767,000 | $ 191,000 | $ 123,000 |
| Aitkin County Minnesota | 3 | $ 571,000 | $ 190,000 | $ 109,000 |
| Blue Earth County Minnesota | 3 | $ 546,000 | $ 182,000 | $ 95,000 |
| Carlton County Minnesota | 3 | $ 227,000 | $ 75,000 | $ 95,000 |
| Clay County Minnesota | 3 | $ 282,000 | $ 94,000 | $ 61,000 |
| Clearwater County Minnesota | 3 | $ 16,000 | $ 5,000 | $ 60,000 |
| Cottonwood County Minnesota | 3 | $ 149,000 | $ 49,000 | $ 48,000 |
| Lyon County Minnesota | 3 | $ 252,000 | $ 84,000 | $ 79,000 |
| Mower County Minnesota | 3 | $ 173,000 | $ 57,000 | $ 82,000 |
| Pine County Minnesota | 3 | $ 249,000 | $ 83,000 | $ 59,000 |
| Polk County Minnesota | 3 | $ 739,000 | $ 246,000 | $ 70,000 |
| Rice County Minnesota | 3 | $ 89,000 | $ 29,000 | $ 105,000 |
| Winona County Minnesota | 3 | $ 318,000 | $ 106,000 | $ 80,000 |
| Maricopa County Arizona | 2 | $ 335,000 | $ 167,000 | $ 52,000 |
| Beltrami County Minnesota | 2 | $ 96,000 | $ 48,000 | $ 76,000 |
| Le Sueur County Minnesota | 2 | $ 231,000 | $ 115,000 | $ 84,000 |
| Morrison County Minnesota | 2 | $ 260,000 | $ 130,000 | $ 74,000 |
| Wadena County Minnesota | 2 | $ 167,000 | $ 83,000 | $ 54,000 |
| Waseca County Minnesota | 2 | $ 298,000 | $ 149,000 | $ 117,000 |
| Washington County Oregon | 2 | $ 200,000 | $ 100,000 | $ 208,000 |
| Eau Claire County Wisconsin | 2 | $ 430,000 | $ 215,000 | $ 213,000 |
| Pierce County Wisconsin | 2 | $ 278,000 | $ 139,000 | $ 35,000 |
| Pinal County Arizona | 1 | $ 8,000 | $ 8,000 | $ 60,000 |
| Baxter County Arkansas | 1 | $ 105,000 | $ 105,000 | $ 25,000 |
| Boulder County Colorado | 1 | $ 155,000 | $ 155,000 | $ 114,000 |
| Douglas County Colorado | 1 | $ 341,000 | $ 341,000 | $ 92,000 |
| Gilpin County Colorado | 1 | $ 88,000 | $ 88,000 | $ 135,000 |
| Lee County Florida | 1 | $ 86,000 | $ 86,000 | $ 57,000 |
| Palm Beach County Florida | 1 | $ 199,000 | $ 199,000 | $ 75,000 |
| Pinellas County Florida | 1 | $ 200,000 | $ 200,000 | $ 75,000 |
| Sarasota County Florida | 1 | $ 619,000 | $ 619,000 | $ 220,000 |
| Richmond County Georgia | 1 | $ 48,000 | $ 48,000 | $ 52,000 |
| Ada County Idaho | 1 | $ 15,000 | $ 15,000 | $ 48,000 |
| Nez Perce County Idaho | 1 | $ 174,000 | $ 174,000 | $ 156,000 |
| Saline County Illinois | 1 | $ 42,000 | $ 42,000 | $ 113,000 |
| Johnson County Indiana | 1 | $ 91,000 | $ 91,000 | $ 154,000 |
| Warrick County Indiana | 1 | $ 7,000 | $ 7,000 | $ 83,000 |
| Henry County Iowa | 1 | $ 138,000 | $ 138,000 | $ 45,000 |
| Baltimore County Maryland | 1 | $ 75,000 | $ 75,000 | $ 167,000 |
| Worcester County Maryland | 1 | $ 160,000 | $ 160,000 | $ 107,000 |
| Brown County Minnesota | 1 | $ 89,000 | $ 89,000 | $ 59,000 |
| Cook County Minnesota | 1 | $ 190,000 | $ 190,000 | $ 103,000 |
| Marshall County Minnesota | 1 | $ 150,000 | $ 150,000 | $ 56,000 |
| Nicollet County Minnesota | 1 | $ 8,000 | $ 8,000 | $ 106,000 |
| Pennington County Minnesota | 1 | $ 8,000 | $ 8,000 | $ 105,000 |
| Pipestone County Minnesota | 1 | $ 8,000 | $ 8,000 | $ 62,000 |
| Red Lake County Minnesota | 1 | $ 73,000 | $ 73,000 | $ 53,000 |
| Redwood County Minnesota | 1 | $ 40,000 | $ 40,000 | $ 54,000 |
| Rock County Minnesota | 1 | $ 160,000 | $ 160,000 | $ 69,000 |
| Sibley County Minnesota | 1 | $ 30,000 | $ 30,000 | $ 49,000 |
| Steele County Minnesota | 1 | $ 108,000 | $ 108,000 | $ 45,000 |
| Todd County Minnesota | 1 | $ 59,000 | $ 59,000 | $ 36,000 |
| Newton County Missouri | 1 | $ 79,000 | $ 79,000 | $ 42,000 |
| Gallatin County Montana | 1 | $ 63,000 | $ 63,000 | $ 226,000 |
| Park County Montana | 1 | $ 66,000 | $ 66,000 | $ 57,000 |
| Cass County North Dakota | 1 | $ 159,000 | $ 159,000 | $ 43,000 |
| Luzerne County Pennsylvania | 1 | $ 30,000 | $ 30,000 | $ 65,000 |
| Lincoln County South Dakota | 1 | $ 17,000 | $ 17,000 | $ 70,000 |
| Madison County Tennessee | 1 | $ 25,000 | $ 25,000 | $ 77,000 |
| Weakley County Tennessee | 1 | $ 55,000 | $ 55,000 | $ 37,000 |
| Barron County Wisconsin | 1 | $ 180,000 | $ 180,000 | $ 51,000 |
| Bayfield County Wisconsin | 1 | $ 372,000 | $ 372,000 | $ 446,000 |
| Burnett County Wisconsin | 1 | $ 119,000 | $ 119,000 | $ 53,000 |
| Douglas County Wisconsin | 1 | $ 35,000 | $ 35,000 | $ 78,000 |
| Dunn County Wisconsin | 1 | $ 123,000 | $ 123,000 | $ 27,000 |
| Iron County Wisconsin | 1 | $ 235,000 | $ 235,000 | $ 142,000 |
| Polk County Wisconsin | 1 | $ 155,000 | $ 155,000 | $ 121,000 |
| Rock County Wisconsin | 1 | $ 15,000 | $ 15,000 | $ 61,000 |
| Sawyer County Wisconsin | 1 | $ 260,000 | $ 260,000 | $ 311,000 |
| Walworth County Wisconsin | 1 | $ 44,000 | $ 44,000 | $ 67,000 |
| Washburn County Wisconsin | 1 | $ 85,000 | $ 85,000 | $ 65,000 |
| Teton County Wyoming | 1 | $ 416,000 | $ 416,000 | $ 71,000 |
Mortgage Loan Application Detail Totals for Hiway Credit Union in 2016
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 | 592 | $82,827,000 | $139,000 | $619,000 | $93,000 | $1,500,000 |
| Home Purchase | 387 | $68,718,000 | $177,000 | $744,000 | $87,000 | $721,000 |
| Home Improvement | 208 | $7,006,000 | $33,000 | $579,000 | $87,000 | $366,000 |
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 | 748 | $100,514,000 | $134,000 | $744,000 | $97,000 | $1,500,000 |
| Not Provided | 188 | $28,236,000 | $150,000 | $615,000 | $102,000 | $474,000 |
| Asian | 187 | $22,344,000 | $119,000 | $380,000 | $58,000 | $238,000 |
| Black or African American | 37 | $4,814,000 | $130,000 | $269,000 | $68,000 | $331,000 |
| Hispanic | 23 | $2,276,000 | $98,000 | $299,000 | $70,000 | $144,000 |
| American Indian or Alaskan Native | 4 | $367,000 | $91,000 | $150,000 | $40,000 | $48,000 |
| Native Hawaiin 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) | 1,187 | $158,551,000 | $133,000 | $744,000 | $90,000 | $1,500,000 |
| 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 | 772 | $98,007,000 | $126,000 | $744,000 | $93,000 | $721,000 |
| File Closed For Incompleteness | 134 | $19,363,000 | $144,000 | $510,000 | $91,000 | $1,500,000 |
| Application Withdrawn By Applicant | 82 | $11,418,000 | $139,000 | $371,000 | $96,000 | $366,000 |
| Application Denied By Financial Institution | 81 | $10,553,000 | $130,000 | $527,000 | $72,000 | $247,000 |
| Application Approved But Not Accepted | 73 | $11,138,000 | $152,000 | $579,000 | $84,000 | $253,000 |
| Preapproval Approved but not Accepted | 31 | $5,596,000 | $180,000 | $320,000 | $86,000 | $311,000 |
| Preapproval Denied by Financial Institution | 14 | $2,476,000 | $176,000 | $473,000 | $51,000 | $128,000 |
| Loan Purchased By The 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 |
|---|---|---|---|---|---|---|
| Credit History | 42 | $5,446,000 | $129,000 | $473,000 | $80,000 | $234,000 |
| Debt-To-Income Ratio | 36 | $5,126,000 | $142,000 | $527,000 | $47,000 | $162,000 |
| Other | 11 | $1,777,000 | $161,000 | $405,000 | $104,000 | $247,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $207,000 | $103,000 | $152,000 | $63,000 | $68,000 |
| Collateral | 2 | $194,000 | $97,000 | $179,000 | $63,000 | $68,000 |
| Employment History | 1 | $204,000 | $204,000 | $204,000 | $62,000 | $62,000 |
| Unverifiable Information | 1 | $75,000 | $75,000 | $75,000 | $40,000 | $40,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Hiway Credit Union's 2016 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 Hiway 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 Minnesota, download the full spreadsheet
with aggregated HMDA statistics today.